+ Follow CERBERUS LTD Tag
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[0] => Array
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[ArticleID] => 173792
[Title] => GMA urges Congress to pass 2 key bills
[Summary] => President Arroyo urged lawmakers yesterday to pass two key economic bills in less than two weeks to help plug the Philippine’s ballooning budget deficit and woo investors.
Mrs. Arroyo told a meeting of the Legislative-Executive Development Advisory Council at Malacañang that the passage of a bill to privatize state transmission lines and another providing tax incentives to asset management firms before the Sept. 7 recess of Congress would show that the country was still a "functioning economy."
[DatePublished] => 2002-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[1] => Array
(
[ArticleID] => 147694
[Title] => Bid to allow AMCs to buy each other’s NPAs bucked
[Summary] => The House of Representatives may scrap a provision in the proposed special purpose asset vehicles (SPAV) or asset management companies (AMC) that allows them to invest in similar entities.
The House committee on banks and financial intermediaries is considering deleting such provision after the Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) opposed this provision under House Bill 4048 which was sponsored by Speaker Jose de Venecia Jr.
[DatePublished] => 2002-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 147354
[Title] => Banks’ NPL ratio improves in November
[Summary] => The non-performing loan (NPL) ratio of local commercial banks improved to 18.76 percent in November last year from a record 18.81 percent in October as the industry recorded a slight improvement in lending activity, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
[DatePublished] => 2002-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 147253
[Title] => PNB set to get rid of P20-B bad assets through AMC
[Summary] => The Philippine National Bank (PNB) will get rid of about P20- billion worth of bad assets through the creation of an asset management company (AMC).
PNB president Feliciano Miranda said an initial P20 billion of the bank’s ROPOA (pertaining to the bank’s real and other properties owned or acquired) will be disposed of under an AMC in joint venture with one of several groups that have offered to put up such a facility.
[DatePublished] => 2002-01-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 147146
[Title] => Landbank expects P1.5-B net profit for 2001
[Summary] => The Land Bank of the Philippines (Landbank) expects a full-year income of P1.5 billion for 2001 and is projecting a 10 percent increase or P1.6 billion net profit for this year.
"This is a fighting target, because we are facing more contraints," said Landbank president Margarito Teves.
Teves said that Landbank this year faces the difficult balancing act of expanding its agri-agra lending mandate, with that of trimming its loans or non-performing loans.
[DatePublished] => 2002-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
CERBERUS LTD
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 173792
[Title] => GMA urges Congress to pass 2 key bills
[Summary] => President Arroyo urged lawmakers yesterday to pass two key economic bills in less than two weeks to help plug the Philippine’s ballooning budget deficit and woo investors.
Mrs. Arroyo told a meeting of the Legislative-Executive Development Advisory Council at Malacañang that the passage of a bill to privatize state transmission lines and another providing tax incentives to asset management firms before the Sept. 7 recess of Congress would show that the country was still a "functioning economy."
[DatePublished] => 2002-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[1] => Array
(
[ArticleID] => 147694
[Title] => Bid to allow AMCs to buy each other’s NPAs bucked
[Summary] => The House of Representatives may scrap a provision in the proposed special purpose asset vehicles (SPAV) or asset management companies (AMC) that allows them to invest in similar entities.
The House committee on banks and financial intermediaries is considering deleting such provision after the Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) opposed this provision under House Bill 4048 which was sponsored by Speaker Jose de Venecia Jr.
[DatePublished] => 2002-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 147354
[Title] => Banks’ NPL ratio improves in November
[Summary] => The non-performing loan (NPL) ratio of local commercial banks improved to 18.76 percent in November last year from a record 18.81 percent in October as the industry recorded a slight improvement in lending activity, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
[DatePublished] => 2002-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 147253
[Title] => PNB set to get rid of P20-B bad assets through AMC
[Summary] => The Philippine National Bank (PNB) will get rid of about P20- billion worth of bad assets through the creation of an asset management company (AMC).
PNB president Feliciano Miranda said an initial P20 billion of the bank’s ROPOA (pertaining to the bank’s real and other properties owned or acquired) will be disposed of under an AMC in joint venture with one of several groups that have offered to put up such a facility.
[DatePublished] => 2002-01-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 147146
[Title] => Landbank expects P1.5-B net profit for 2001
[Summary] => The Land Bank of the Philippines (Landbank) expects a full-year income of P1.5 billion for 2001 and is projecting a 10 percent increase or P1.6 billion net profit for this year.
"This is a fighting target, because we are facing more contraints," said Landbank president Margarito Teves.
Teves said that Landbank this year faces the difficult balancing act of expanding its agri-agra lending mandate, with that of trimming its loans or non-performing loans.
[DatePublished] => 2002-01-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 28, 2002 - 12:00am
January 15, 2002 - 12:00am
