^
+ Follow AYALA PLANS Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 960428
                    [Title] => Prudential Plans’ fate remains in limbo
                    [Summary] => 

The June 20 deadline for the final decision on whether to liquidate troubled Prudential Plans Inc. (PPI) has been placed on hold.

[DatePublished] => 2013-07-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 505879 [Title] => Securities and Exchange Commission tightens watch over pre-need companies [Summary] =>

The Securities and Exchange Commission (SEC) is tightening its watch on pre-need companies to ensure their compliance with reportorial requirements amid a challenging business environment.

[DatePublished] => 2009-09-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 502305 [Title] => SEC fines late reports of pre-need companies [Summary] =>

To ensure compliance with its reportorial requirements, the Securities and Exchange Commission (SEC) has imposed a basic fine on the late submission of annual and interim financial statements by pre-need companies.

[DatePublished] => 2009-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 501067 [Title] => Securities and Exchange Commission to fine late filers of reports [Summary] =>

To ensure compliance with its reportorial requirements, the Securities and Exchange Commission (SEC) has imposed a basic fine on late submissions of annual and interim financial reports by pre-need companies.

[DatePublished] => 2009-09-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 443200 [Title] => Securities and Exchange Commission may require pre-need firms to boost trust fund deposits [Summary] =>

The Securities and Exchange Commission (SEC) is studying the possibility of requiring pre-need firms to beef up their trust fund deposits to further safeguard the interest of the investing public.

[DatePublished] => 2009-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 440466 [Title] => Pre-need planholders get LPG, memorial lots [Summary] =>

MANILA, Philippines - Cash-strapped pre-need firm Pryce Plans Inc. has opted to fulfill its obligation to plan holders by paying them in kind – specifically, through medicines, cooking gas and memorial lots.

[DatePublished] => 2009-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => News Commentary [SectionUrl] => news-commentary [URL] => http://img13.imageshack.us/img13/706/sfthumbyl9.jpg ) [6] => Array ( [ArticleID] => 343582 [Title] => BPI launches new remittance services [Summary] => The Ayala-controlled Bank of the Philippine Islands (BPI) has introduced new remittance packages in a bid to strengthen efforts to be the top commercial bank in this line of consumer business.

"The remittance industry in the banking sector has grown by a little over 10 percent last year, while BPI has grown by 21 percent," said Raul D. Dimayuga, BPI Direct Savings Bank president said.
[DatePublished] => 2006-06-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 296524 [Title] => Ayala insurance group earnings up [Summary] => The Insurance Group of the Bank of the Philippine Islands has surpassed its full year 2005 income targets at the start of the second semester of the year.

As of end June 2005, net income reached P404.2 million which is even better than the P241.8 million recorded as of end December 2004. The full year income target for 2005 is P306 million.
[DatePublished] => 2005-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 279837 [Title] => Ayala Plans trust assets hit P2.5B [Summary] => Ayala Plans, the pre-need company of the Bank of the Philippine Islands (BPI) has reported that its trust fund reserves amounted to P2.495 billion as of end of 2004.

The P2.495-billion trust fund favorably supports the company’s actuarial reserve liabilities (ARL) amounting to P2.448 billion. That means Ayala Plans has more than enough, or an excess of P47 million, to pay all the claims of its existing planholders.

"Our trust fund is highly liquid," Ayala Plans president Emilio De Quiros Jr. said in a statement.
[DatePublished] => 2005-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 279156 [Title] => BPI eyes 40% growth in remittance business [Summary] => The Bank of the Philippine Islands (BPI) is eyeing a 40-percent growth in its remittance service for overseas Filipino workers (OFWs) with the launch of a new remittance-related product.

Last year, BPI accounted for roughly 10 percent of the country’s total remittance market which reached a record $8.6 billion.
[DatePublished] => 2005-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
AYALA PLANS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 960428
                    [Title] => Prudential Plans’ fate remains in limbo
                    [Summary] => 

The June 20 deadline for the final decision on whether to liquidate troubled Prudential Plans Inc. (PPI) has been placed on hold.

[DatePublished] => 2013-07-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 505879 [Title] => Securities and Exchange Commission tightens watch over pre-need companies [Summary] =>

The Securities and Exchange Commission (SEC) is tightening its watch on pre-need companies to ensure their compliance with reportorial requirements amid a challenging business environment.

[DatePublished] => 2009-09-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 502305 [Title] => SEC fines late reports of pre-need companies [Summary] =>

To ensure compliance with its reportorial requirements, the Securities and Exchange Commission (SEC) has imposed a basic fine on the late submission of annual and interim financial statements by pre-need companies.

[DatePublished] => 2009-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 501067 [Title] => Securities and Exchange Commission to fine late filers of reports [Summary] =>

To ensure compliance with its reportorial requirements, the Securities and Exchange Commission (SEC) has imposed a basic fine on late submissions of annual and interim financial reports by pre-need companies.

[DatePublished] => 2009-09-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 443200 [Title] => Securities and Exchange Commission may require pre-need firms to boost trust fund deposits [Summary] =>

The Securities and Exchange Commission (SEC) is studying the possibility of requiring pre-need firms to beef up their trust fund deposits to further safeguard the interest of the investing public.

[DatePublished] => 2009-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 440466 [Title] => Pre-need planholders get LPG, memorial lots [Summary] =>

MANILA, Philippines - Cash-strapped pre-need firm Pryce Plans Inc. has opted to fulfill its obligation to plan holders by paying them in kind – specifically, through medicines, cooking gas and memorial lots.

[DatePublished] => 2009-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => News Commentary [SectionUrl] => news-commentary [URL] => http://img13.imageshack.us/img13/706/sfthumbyl9.jpg ) [6] => Array ( [ArticleID] => 343582 [Title] => BPI launches new remittance services [Summary] => The Ayala-controlled Bank of the Philippine Islands (BPI) has introduced new remittance packages in a bid to strengthen efforts to be the top commercial bank in this line of consumer business.

"The remittance industry in the banking sector has grown by a little over 10 percent last year, while BPI has grown by 21 percent," said Raul D. Dimayuga, BPI Direct Savings Bank president said.
[DatePublished] => 2006-06-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 296524 [Title] => Ayala insurance group earnings up [Summary] => The Insurance Group of the Bank of the Philippine Islands has surpassed its full year 2005 income targets at the start of the second semester of the year.

As of end June 2005, net income reached P404.2 million which is even better than the P241.8 million recorded as of end December 2004. The full year income target for 2005 is P306 million.
[DatePublished] => 2005-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 279837 [Title] => Ayala Plans trust assets hit P2.5B [Summary] => Ayala Plans, the pre-need company of the Bank of the Philippine Islands (BPI) has reported that its trust fund reserves amounted to P2.495 billion as of end of 2004.

The P2.495-billion trust fund favorably supports the company’s actuarial reserve liabilities (ARL) amounting to P2.448 billion. That means Ayala Plans has more than enough, or an excess of P47 million, to pay all the claims of its existing planholders.

"Our trust fund is highly liquid," Ayala Plans president Emilio De Quiros Jr. said in a statement.
[DatePublished] => 2005-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 279156 [Title] => BPI eyes 40% growth in remittance business [Summary] => The Bank of the Philippine Islands (BPI) is eyeing a 40-percent growth in its remittance service for overseas Filipino workers (OFWs) with the launch of a new remittance-related product.

Last year, BPI accounted for roughly 10 percent of the country’s total remittance market which reached a record $8.6 billion.
[DatePublished] => 2005-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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