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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 273129 [Title] => BPI eyes P7.3-B income this year [Summary] => The Bank of the Philippine Islands (BPI) could earn at least P7.3 billion this year once it disposes of roughly P5 billion to P6 billion worth of non-performing assets (NPAs).
In their annual stockholders meeting yesterday, BPI president Aurelio R. Montinola III said this years growth drivers for the bank will be as diverse as the markets it serves.
"BPI has a diversified income stream and several business vehicles to draw for growth," Montinola said.
[DatePublished] => 2005-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASSET RECOVERY AND MANAGEMENT GROUP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 273129 [Title] => BPI eyes P7.3-B income this year [Summary] => The Bank of the Philippine Islands (BPI) could earn at least P7.3 billion this year once it disposes of roughly P5 billion to P6 billion worth of non-performing assets (NPAs).
In their annual stockholders meeting yesterday, BPI president Aurelio R. Montinola III said this years growth drivers for the bank will be as diverse as the markets it serves.
"BPI has a diversified income stream and several business vehicles to draw for growth," Montinola said.
[DatePublished] => 2005-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | April 8, 2005 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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