+ Follow ASSISTANT GOVERNOR DIWA GUINIGUNDO Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 285331
[Title] => BSP sees inflation this year at 7.3%-7.4%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday the average inflation rate would slow down to the original projected rate of about 7.3 percent to 7.4 percent this year if the value-added tax (VAT) is not implemented for the remainder of the year.
Earlier projections indicated that with the removal of the VAT exemptions of industries that used to be exempted, the national average inflation rate would go up to 7.9 percent to 8.6 percent for the whole of 2005.
[DatePublished] => 2005-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 282969
[Title] => RP may exit from IMF program by August — BSP
[Summary] => The Philippines may exit from the post-program monitoring of the International Monetary Fund (IMF) as early as August this year but government officials are hesitant to give up the Fund’s seal of good housekeeping.
The Bangko Sentral ng Pilipinas (BSP) said yesterday that as of this year, the country’s remaining obligations with the IMF has fallen to about 41 percent of its membership quota.
[DatePublished] => 2005-06-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 282970
[Title] => Fare hikes to push inflation to 7.9%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has said the newly approved increase in transportation fares would push inflation to an average of 7.9 percent this year.
The BSP said its previous simulations already assumed the P2 adjustment in the jeepney fares for its 2005 projections and for 2006, the fare adjustments are expected to increase the national average inflation by half a percentage point.
[DatePublished] => 2005-06-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 279792
[Title] => BSP expects May inflation steady at 8.1%-8.6%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is expecting the May inflation to remain stable at 8.1 percent to 8.6 percent as lower oil prices cushioned the overall price increase.
BSP Deputy Governor Amando M. Tetangco told reporters yesterday that domestic prices were on the upswing but the drop in the prices of oil and oil products tempered these increases.
[DatePublished] => 2005-05-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 277089
[Title] => Transport fare hike won’t result in automatic rate increase by BSP
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday the Monetary Board will consider the impact of the transport fare hike but cautioned that a fare increase won’t translate in an automatic adjustment in policy rates.
The National Economic and Development Authority (NEDA) estimated that the transport fare hike would jack up the national average inflation rate to as high as 8.9 percent but monetary officials said the impact was not likely to be that high.
[DatePublished] => 2005-05-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 275741
[Title] => BSP expects April inflation to reach 8.6%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is expecting the April inflation to hit 8.6 percent after climbing to 8.5 percent in March as the domestic pump prices of oil went up along with the increase in rice prices.
BSP Deputy Governor Amando M. Tetangco told reporters yesterday that domestic prices were on the upswing particularly petroleum products and rice.
"There was an increase in the domestic pump prices of oil products in April so we are seeing the effects of that," Tetangco said.
[DatePublished] => 2005-04-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 274504
[Title] => BSP sees average inflation rate climbing this year
[Summary] => The proposed increase in transport fares is expected to result in a slight increase in the national average inflation rate but monetary officials worry about the second round impact that could lead to higher inflation, especially if wages are adjusted.
The Bangko Sentral ng Pilipinas (BSP) said yesterday that its projected baseline inflation rate for the year would be adjusted to 6.82 percent to 7.1 percent from the original projected range of 6.79 percent to seven percent for the whole year.
[DatePublished] => 2005-04-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 273006
[Title] => Pressure mounts for BSP to raise key policy rates
[Summary] => The pressure is mounting for the Bangko Sentral ng Pilipinas (BSP) to increase its policy rates now but some bankers said the Monetary Board can afford to wait until May despite initial signs of demand-side pressure in the inflation rate.
The March inflation rate went up to 8.5 percent and oil prices have skyrocketed to record levels but foreign banks are particularly cautious about pulling the monetary triggers until indicators become more definite.
[DatePublished] => 2005-04-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 272105
[Title] => RP reduces CA surplus figures
[Summary] => The Bangko Sentral ng Pilipinas (BSP) restated yesterday the country’s current account surplus in 2004 at $2.08 billion, less than half its original figure of $5.36 billion.
A BSP bank statement said the figure had been revised to "make the compilation practices consistent with internationally-accepted recommended concepts and bring about a better analysis of external developments."
[DatePublished] => 2005-03-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 272112
[Title] => BSP sees no need for rate change despite second round of inflation
[Summary] => Despite the push from the International Monetary Fund (IMF), the Bangko Sentral ng Pilipinas (BSP) said it still sees no second-round inflationary pressures unless wages and transport fares are adjusted.
The Monetary Board is scheduled to meet on April 7 to discuss monetary policy in the wake of the latest round of increase in US interest rates accompanied by signals from the US central bank that it saw inflationary pressures moving forward.
[DatePublished] => 2005-03-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
ASSISTANT GOVERNOR DIWA GUINIGUNDO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 285331
[Title] => BSP sees inflation this year at 7.3%-7.4%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday the average inflation rate would slow down to the original projected rate of about 7.3 percent to 7.4 percent this year if the value-added tax (VAT) is not implemented for the remainder of the year.
Earlier projections indicated that with the removal of the VAT exemptions of industries that used to be exempted, the national average inflation rate would go up to 7.9 percent to 8.6 percent for the whole of 2005.
[DatePublished] => 2005-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 282969
[Title] => RP may exit from IMF program by August — BSP
[Summary] => The Philippines may exit from the post-program monitoring of the International Monetary Fund (IMF) as early as August this year but government officials are hesitant to give up the Fund’s seal of good housekeeping.
The Bangko Sentral ng Pilipinas (BSP) said yesterday that as of this year, the country’s remaining obligations with the IMF has fallen to about 41 percent of its membership quota.
[DatePublished] => 2005-06-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 282970
[Title] => Fare hikes to push inflation to 7.9%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has said the newly approved increase in transportation fares would push inflation to an average of 7.9 percent this year.
The BSP said its previous simulations already assumed the P2 adjustment in the jeepney fares for its 2005 projections and for 2006, the fare adjustments are expected to increase the national average inflation by half a percentage point.
[DatePublished] => 2005-06-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 279792
[Title] => BSP expects May inflation steady at 8.1%-8.6%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is expecting the May inflation to remain stable at 8.1 percent to 8.6 percent as lower oil prices cushioned the overall price increase.
BSP Deputy Governor Amando M. Tetangco told reporters yesterday that domestic prices were on the upswing but the drop in the prices of oil and oil products tempered these increases.
[DatePublished] => 2005-05-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 277089
[Title] => Transport fare hike won’t result in automatic rate increase by BSP
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday the Monetary Board will consider the impact of the transport fare hike but cautioned that a fare increase won’t translate in an automatic adjustment in policy rates.
The National Economic and Development Authority (NEDA) estimated that the transport fare hike would jack up the national average inflation rate to as high as 8.9 percent but monetary officials said the impact was not likely to be that high.
[DatePublished] => 2005-05-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 275741
[Title] => BSP expects April inflation to reach 8.6%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is expecting the April inflation to hit 8.6 percent after climbing to 8.5 percent in March as the domestic pump prices of oil went up along with the increase in rice prices.
BSP Deputy Governor Amando M. Tetangco told reporters yesterday that domestic prices were on the upswing particularly petroleum products and rice.
"There was an increase in the domestic pump prices of oil products in April so we are seeing the effects of that," Tetangco said.
[DatePublished] => 2005-04-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 274504
[Title] => BSP sees average inflation rate climbing this year
[Summary] => The proposed increase in transport fares is expected to result in a slight increase in the national average inflation rate but monetary officials worry about the second round impact that could lead to higher inflation, especially if wages are adjusted.
The Bangko Sentral ng Pilipinas (BSP) said yesterday that its projected baseline inflation rate for the year would be adjusted to 6.82 percent to 7.1 percent from the original projected range of 6.79 percent to seven percent for the whole year.
[DatePublished] => 2005-04-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 273006
[Title] => Pressure mounts for BSP to raise key policy rates
[Summary] => The pressure is mounting for the Bangko Sentral ng Pilipinas (BSP) to increase its policy rates now but some bankers said the Monetary Board can afford to wait until May despite initial signs of demand-side pressure in the inflation rate.
The March inflation rate went up to 8.5 percent and oil prices have skyrocketed to record levels but foreign banks are particularly cautious about pulling the monetary triggers until indicators become more definite.
[DatePublished] => 2005-04-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 272105
[Title] => RP reduces CA surplus figures
[Summary] => The Bangko Sentral ng Pilipinas (BSP) restated yesterday the country’s current account surplus in 2004 at $2.08 billion, less than half its original figure of $5.36 billion.
A BSP bank statement said the figure had been revised to "make the compilation practices consistent with internationally-accepted recommended concepts and bring about a better analysis of external developments."
[DatePublished] => 2005-03-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 272112
[Title] => BSP sees no need for rate change despite second round of inflation
[Summary] => Despite the push from the International Monetary Fund (IMF), the Bangko Sentral ng Pilipinas (BSP) said it still sees no second-round inflationary pressures unless wages and transport fares are adjusted.
The Monetary Board is scheduled to meet on April 7 to discuss monetary policy in the wake of the latest round of increase in US interest rates accompanied by signals from the US central bank that it saw inflationary pressures moving forward.
[DatePublished] => 2005-03-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
