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                    [ArticleID] => 184073
                    [Title] => Resuscitate not liquidate
                    [Summary] => Two years ago, the World Bank gave the Philippines the notorious reputation of having the worst creditor protection system in the region.


According to the World Bank survey, the Philippines ranked poorest compared to other Southeast Asian countries like Hong Kong, Singapore, Malaysia and even Indonesia. The survey pointed out that existing laws tend to favor irresponsible borrowers, and thus leave creditor banks holding the empty bag.


                    [DatePublished] => 2002-11-15 00:00:00
                    [ColumnID] => 133715
                    [Focus] => 0
                    [AuthorID] => 1805279
                    [AuthorName] => Rey Gamboa
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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AMERICAN BANKRUPTCY LAW

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                    [ArticleID] => 184073
                    [Title] => Resuscitate not liquidate
                    [Summary] => Two years ago, the World Bank gave the Philippines the notorious reputation of having the worst creditor protection system in the region.


According to the World Bank survey, the Philippines ranked poorest compared to other Southeast Asian countries like Hong Kong, Singapore, Malaysia and even Indonesia. The survey pointed out that existing laws tend to favor irresponsible borrowers, and thus leave creditor banks holding the empty bag.


                    [DatePublished] => 2002-11-15 00:00:00
                    [ColumnID] => 133715
                    [Focus] => 0
                    [AuthorID] => 1805279
                    [AuthorName] => Rey Gamboa
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abtest

Resuscitate not liquidate

By Rey Gamboa | November 15, 2002 - 12:00am

Two years ago, the World Bank gave the Philippines the notorious reputation of having the worst creditor protection system in the region. According to the World Bank survey, the Philippines ranked poorest compared...

Business