Array
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 263462
                    [Title] => Export growth drops sharply to 3.2% in July
                    [Summary] => The country’s merchandise exports  grew by only 3.2 percent  to $3.106 billion in July from  $3.009 billion in the same period last year,  the National Statistics Office (NSO) reported yesterday.


The growth decelerated further from  the  8.2  percent recorded in June and from the 18-month high of 15.3  percent  posted in May. 


Some analysts said the slow growth was likely to be temporary but the export numbers are not encouraging for an economy burdened by $61 billion in debt, high oil prices, corruption, tax evasion, rising unemployment and poverty.


                    [DatePublished] => 2004-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 258249
                    [Title] => Gov’t overshoots H1 deficit target
                    [Summary] => The Arroyo administration breached its budget deficit target in the first half of 2004, but the 0.6 percent overshoot was smaller than expected as the government reined in spending in June, the Department of Finance (DOF) reported yesterday.


The finance department said  the  closely watched gap between spending and revenues reached P80.1 billion in the first six months of the year, versus the target of P79.6 billion.


                    [DatePublished] => 2004-07-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 253619
                    [Title] => Hike in power rates raises inflation risks
                    [Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise. 


The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January. 


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1214582
                    [AuthorName] => Carmina Reyes
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

DANNY SUWANAPRUTI

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 263462
                    [Title] => Export growth drops sharply to 3.2% in July
                    [Summary] => The country’s merchandise exports  grew by only 3.2 percent  to $3.106 billion in July from  $3.009 billion in the same period last year,  the National Statistics Office (NSO) reported yesterday.


The growth decelerated further from  the  8.2  percent recorded in June and from the 18-month high of 15.3  percent  posted in May. 


Some analysts said the slow growth was likely to be temporary but the export numbers are not encouraging for an economy burdened by $61 billion in debt, high oil prices, corruption, tax evasion, rising unemployment and poverty.


                    [DatePublished] => 2004-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 258249
                    [Title] => Gov’t overshoots H1 deficit target
                    [Summary] => The Arroyo administration breached its budget deficit target in the first half of 2004, but the 0.6 percent overshoot was smaller than expected as the government reined in spending in June, the Department of Finance (DOF) reported yesterday.


The finance department said  the  closely watched gap between spending and revenues reached P80.1 billion in the first six months of the year, versus the target of P79.6 billion.


                    [DatePublished] => 2004-07-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 253619
                    [Title] => Hike in power rates raises inflation risks
                    [Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise. 


The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January. 


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1214582
                    [AuthorName] => Carmina Reyes
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Export growth drops sharply to 3.2% in July

By Rica Delfinado | September 4, 2004 - 12:00am

The country’s merchandise exports grew by only 3.2 percent to $3.106 billion in July from $3.009 billion in the same period last year, the National Statistics Office (NSO) reported yesterday. The growth...

Business

Gov’t overshoots H1 deficit target

By Des Ferriols | July 21, 2004 - 12:00am

The Arroyo administration breached its budget deficit target in the first half of 2004, but the 0.6 percent overshoot was smaller than expected as the government reined in spending in June, the Department of Finance...

Business

Hike in power rates raises inflation risks

By Carmina Reyes | June 13, 2004 - 12:00am

Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate...

Business