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+ Follow CECILIA TANCHOCO Tag
CECILIA TANCHOCO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 288754
                    [Title] => Government trims budget deficit estimate for 2005 to P158B
                    [Summary] => Budget Secretary Romulo Neri said yesterday the country’s budget deficit  for this year will be lower than originally estimated because the government will pay less  in interest on national debt.


In yesterday’s press briefing, Neri said the government trimmed its budget deficit target to P158 billion from the original target of P180 billion due to an estimated drop of P26 billion on interest payments for this year.
[DatePublished] => 2005-07-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271389 [Title] => Imports down 2.1% to $3.11B in January [Summary] => Imports tumbled by 2.1 percent to $3.11 billion in January, reflecting slower exports of electronic products, the National Statistics Office (NSO) said yesterday.

With exports for the same month up by 15.4 percent to $3.28 billion, there was a trade surplus of $170 million, the NSO said.

Analysts said the continued slowdown in imports was a cause for concern since they directly reflect on the country’s export performance.
[DatePublished] => 2005-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 252630 [Title] => RP exports up 8.9% to $2.97-B in April [Summary] => The country’s merchandise exports went up by 8.9 percent to $2.97 billion in April from $2.726 billion in the same period last year as a result of a strong global demand for locally-made electronic products, the National Statistics Office (NSO) reported yesterday.

Analysts, however, said that despite growing exports, the country trails many of its neighbors in taking advantage of a global rebound in demand. Thailand’s exports rose 21 percent in April from a year earlier, Malaysia’s by 23.2 percent and Singapore’s by 15.1 percent.
[DatePublished] => 2004-06-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 232525 [Title] => Fears linger that politics may trump economy in 2004 [Summary] => With national elections coming up in May, there is growing concern in the Philippines that political conflict will overshadow economic priorities in 2004 – just like they did in 2003.

"The major factors that have been dampening sentiment are non-economic: basically political (concerns), peace and order," said Cecilia Tanchoco, economist of the Bank of the Philippine Islands.
[DatePublished] => 2003-12-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1535557 [AuthorName] => Mynardo Macaraig [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 216244 [Title] => Inflation slows to 3.3% in July [Summary] => The inflation rate in July came in below market estimates giving a boost to the efforts of the Bangko Sentral ng Pilipinas (BSP) to hold down interest rates despite the weakness of the peso after a recent mutiny by rebel soldiers. [DatePublished] => 2003-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 201518 [Title] => March inflation slows to 2.9% [Summary] => Consumer prices slowed down to 2.9 percent in March, less than the 3.1- percent annual rise recorded in February as the slower uptick in prices of food, beverages and tobacco cushioned the impact of the increase in the prices of oil and petroleum products. [DatePublished] => 2003-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 201536 [Title] => Exports up 3.7% to $2.724B in February [Summary] => Merchandise exports were slightly higher in February despite shrinking shipments to the US, but analysts warned of trouble ahead if the war in Iraq is prolonged or if a killer virus continues to batter Asian economies.

Exports, which make up about two-fifths of the country’s overall economy, rose to $2.724 billion in February from $2.691 billion in January, the National Statistics Office (NSO) reported yesterday.

They were also 3.7 percent higher than the $2.628 billion in February 2002, posting the 11th straight month of year-on-year gains.
[DatePublished] => 2003-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 172714 [Title] => June imports rise 9.4% to $2.85-B [Summary] => The country’s imports rose for the fifth consecutive month in June, boosting expectations of sustained growth in exports and a reviving economy. The National Statistics Office (NSO) reported yesterday that imports went up by 9.4 percent to $2.853 billion in June from $2.609 billion in the same period last year. [DatePublished] => 2002-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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