+ Follow DAVID FERNANDEZ Tag
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 469626
[Title] => Budget deficit seen to remain at P200 billion
[Summary] => MANILA, Philippines - Despite the revenue drop in April, analysts said the budget deficit of the Arroyo administration would remain at P200 billion this year although spending might have to slow down unless revenues actually improve.
[DatePublished] => 2009-05-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 285670
[Title] => Peso recovers as BSP takes preemptive action
[Summary] => The peso managed to recover at the end of yesterday’s trading as the Bangko Sentral ng Pilipinas (BSP) warned against excessive peso speculation, saying the Monetary Board is ready to take more action to defend the local currency.
[DatePublished] => 2005-07-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 208858
[Title] => Exports drop in April for 1st time in 13 months
[Summary] => The country’s exports fell for the first time in 13 months in April as the economic fallout from the deadly SARS virus and the sluggish US economy slowed trade in the region, the National Statistics Office (NSO) reported yesterday.
[DatePublished] => 2003-06-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 182029
[Title] => GMA confident of regaining stable rating from S&P
[Summary] => President Arroyo expressed confidence yesterday the Philippines will regain a stable ratings outlook from Standard and Poor’s by pursuing fiscal reforms, her spokesman said Wednesday.
[DatePublished] => 2002-10-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 161006
[Title] => Budget deficit overshoots target by 16%
[Summary] => A weak economy pushed the government’s budget deficit 15.6 percent above target to P61.21 billion in the first three months of the year and analysts warned the slippage could cast gloom over market sentiment.
[DatePublished] => 2002-05-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 161030
[Title] => JP Morgan sees peso strengthening to 48 to $1
[Summary] => Investment banker J.P. Morgan said yesterday the peso would likely appreciate to 48 to the dollar as the Philippines emerged as best performing market in Asia.
The investment house said the country has outperformed expectations and the only serious threat was whether the Arroyo administration would be able to keep its gaping budget deficit under control.
J.P. Morgan foreign exchange strategist James Malcom said there was a marked pick-up in investor appetite and the steady performance of the peso has made it more attractive as an investment hedge.
[DatePublished] => 2002-05-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 156095
[Title] => S&P upgrades RP rating from negative to stable
[Summary] => Ratings agency Standard & Poor’s upgraded yesterday its outlook on Philippine government debt from negative to stable which analysts said would lead to further gains ...
[DatePublished] => 2002-04-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 100570
[Title] => Trade surplus widens
[Summary] =>
The country's trade surplus widened to $419 million in February from $313
million a year earlier despite continuing strong imports, the National
Statistics Office (NSO) reported yesterday.
Spurred by the strong demand for electronics and components, imports rose by 10
percent to $2.483 billion in February from $2.257 billion a year ago.
Analysts said that following a 10.6-percent growth in imports in January, the
February data is further evidence that the economy has started on sound footing
this year.
"The trade data is consistent with a growth scenario...
[DatePublished] => 2000-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 94590
[Title] => Gross Domestic Product grows 3.2 percent in 1999
[Summary] =>
It's good but not quite.
The country's economy emerged better than expected in 1999, growing by 3.2
percent and boosting prospects of higher growth this year.
But the news was received with no enthusiasm by investors.
Socio-Economic Planning Secretary Felipe Medalla said the country's gross
domestic product (GDP) grew 4.6 percent in the fourth quarter of last year,
leading to a full-year growth of 3.2 percent after a contraction of 0.5 percent
in 1998.
He added that the Philippines' gross national product (GNP) also grew by 3.6
percent last year compared to 0.1 percen
[DatePublished] => 2000-01-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
DAVID FERNANDEZ
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 469626
[Title] => Budget deficit seen to remain at P200 billion
[Summary] => MANILA, Philippines - Despite the revenue drop in April, analysts said the budget deficit of the Arroyo administration would remain at P200 billion this year although spending might have to slow down unless revenues actually improve.
[DatePublished] => 2009-05-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 285670
[Title] => Peso recovers as BSP takes preemptive action
[Summary] => The peso managed to recover at the end of yesterday’s trading as the Bangko Sentral ng Pilipinas (BSP) warned against excessive peso speculation, saying the Monetary Board is ready to take more action to defend the local currency.
[DatePublished] => 2005-07-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 208858
[Title] => Exports drop in April for 1st time in 13 months
[Summary] => The country’s exports fell for the first time in 13 months in April as the economic fallout from the deadly SARS virus and the sluggish US economy slowed trade in the region, the National Statistics Office (NSO) reported yesterday.
[DatePublished] => 2003-06-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 182029
[Title] => GMA confident of regaining stable rating from S&P
[Summary] => President Arroyo expressed confidence yesterday the Philippines will regain a stable ratings outlook from Standard and Poor’s by pursuing fiscal reforms, her spokesman said Wednesday.
[DatePublished] => 2002-10-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 161006
[Title] => Budget deficit overshoots target by 16%
[Summary] => A weak economy pushed the government’s budget deficit 15.6 percent above target to P61.21 billion in the first three months of the year and analysts warned the slippage could cast gloom over market sentiment.
[DatePublished] => 2002-05-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 161030
[Title] => JP Morgan sees peso strengthening to 48 to $1
[Summary] => Investment banker J.P. Morgan said yesterday the peso would likely appreciate to 48 to the dollar as the Philippines emerged as best performing market in Asia.
The investment house said the country has outperformed expectations and the only serious threat was whether the Arroyo administration would be able to keep its gaping budget deficit under control.
J.P. Morgan foreign exchange strategist James Malcom said there was a marked pick-up in investor appetite and the steady performance of the peso has made it more attractive as an investment hedge.
[DatePublished] => 2002-05-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 156095
[Title] => S&P upgrades RP rating from negative to stable
[Summary] => Ratings agency Standard & Poor’s upgraded yesterday its outlook on Philippine government debt from negative to stable which analysts said would lead to further gains ...
[DatePublished] => 2002-04-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 100570
[Title] => Trade surplus widens
[Summary] =>
The country's trade surplus widened to $419 million in February from $313
million a year earlier despite continuing strong imports, the National
Statistics Office (NSO) reported yesterday.
Spurred by the strong demand for electronics and components, imports rose by 10
percent to $2.483 billion in February from $2.257 billion a year ago.
Analysts said that following a 10.6-percent growth in imports in January, the
February data is further evidence that the economy has started on sound footing
this year.
"The trade data is consistent with a growth scenario...
[DatePublished] => 2000-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 94590
[Title] => Gross Domestic Product grows 3.2 percent in 1999
[Summary] =>
It's good but not quite.
The country's economy emerged better than expected in 1999, growing by 3.2
percent and boosting prospects of higher growth this year.
But the news was received with no enthusiasm by investors.
Socio-Economic Planning Secretary Felipe Medalla said the country's gross
domestic product (GDP) grew 4.6 percent in the fourth quarter of last year,
leading to a full-year growth of 3.2 percent after a contraction of 0.5 percent
in 1998.
He added that the Philippines' gross national product (GNP) also grew by 3.6
percent last year compared to 0.1 percen
[DatePublished] => 2000-01-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
October 31, 2002 - 12:00am
