Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 261210
                    [Title] => Commercial bank loans up 3.8% in June
                    [Summary] => Outstanding loans of local commercial banks expanded by 3.8 percent  to P1.497 trillion as of end-June this year from P1.443 trillion last year, the  Bangko Sentral ng Pilipinas (BSP) reported yesterday. 


The latest growth was  faster than the 1.7 percent annualized expansion recorded in May.


The BSP said the surge in commercial bank  loans was fueled by lending to the manufacturing sector, trade and the financial institutions, real estate and business services sector. 


                    [DatePublished] => 2004-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 254473
                    [Title] => Peso closes at record low of 56.43 to dollar
                    [Summary] => The peso dropped to a new all-time low yesterday, closing at  56.43 to the dollar as market sentiment  deteriorated further over political uncertainties and the government’s declining ability to handle its mounting debt burden.  


The  local currency opened weak at  56.37 and by mid-trade, it  was down to 56.435 to the dollar due to the combined effects of a strong  dollar and worries over the unfolding political scenario. Yesterday’s closing rate was weaker than the record closing low of 56.425 last touched on March 26.    


                    [DatePublished] => 2004-06-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 226744
                    [Title] => Stocks hit 19-mo  high; peso gains
                    [Summary] => The stock market surged to a 19-month  peak yesterday  due to strong foreign demand for select blue chips led by  dominant telecom player Philippine Long Distance Telephone Co. (PLDT) after  reports that it posted solid profit results.


The 30-company Philippine Stock Exchange Index ended up 20.68 points, or 1.5 percent, at 1,432.27, its highest close since April 5, 2002, when it finished at 1,432.86.


The index rose 0.9 percent Monday and is up 5.5 percent since Oct. 28.


                    [DatePublished] => 2003-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 180836
                    [Title] => Peso hits new 14-month low of 53.47 to dollar
                    [Summary] => The peso hit a new 14-month low of 53.470 against the dollar in early morning trade yesterday in the wake of the deadly bombings in Mindanao and Manila. The level was the lowest since the  peso  hit 53.610 to the dollar on Aug. 3, 2001.
                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

DEPUTY GOVERNOR AMANDO TETANGCO JR

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 261210
                    [Title] => Commercial bank loans up 3.8% in June
                    [Summary] => Outstanding loans of local commercial banks expanded by 3.8 percent  to P1.497 trillion as of end-June this year from P1.443 trillion last year, the  Bangko Sentral ng Pilipinas (BSP) reported yesterday. 


The latest growth was  faster than the 1.7 percent annualized expansion recorded in May.


The BSP said the surge in commercial bank  loans was fueled by lending to the manufacturing sector, trade and the financial institutions, real estate and business services sector. 


                    [DatePublished] => 2004-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 254473
                    [Title] => Peso closes at record low of 56.43 to dollar
                    [Summary] => The peso dropped to a new all-time low yesterday, closing at  56.43 to the dollar as market sentiment  deteriorated further over political uncertainties and the government’s declining ability to handle its mounting debt burden.  


The  local currency opened weak at  56.37 and by mid-trade, it  was down to 56.435 to the dollar due to the combined effects of a strong  dollar and worries over the unfolding political scenario. Yesterday’s closing rate was weaker than the record closing low of 56.425 last touched on March 26.    


                    [DatePublished] => 2004-06-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 226744
                    [Title] => Stocks hit 19-mo  high; peso gains
                    [Summary] => The stock market surged to a 19-month  peak yesterday  due to strong foreign demand for select blue chips led by  dominant telecom player Philippine Long Distance Telephone Co. (PLDT) after  reports that it posted solid profit results.


The 30-company Philippine Stock Exchange Index ended up 20.68 points, or 1.5 percent, at 1,432.27, its highest close since April 5, 2002, when it finished at 1,432.86.


The index rose 0.9 percent Monday and is up 5.5 percent since Oct. 28.


                    [DatePublished] => 2003-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 180836
                    [Title] => Peso hits new 14-month low of 53.47 to dollar
                    [Summary] => The peso hit a new 14-month low of 53.470 against the dollar in early morning trade yesterday in the wake of the deadly bombings in Mindanao and Manila. The level was the lowest since the  peso  hit 53.610 to the dollar on Aug. 3, 2001.
                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Commercial bank loans up 3.8% in June

By Des Ferriols | August 14, 2004 - 12:00am

Outstanding loans of local commercial banks expanded by 3.8 percent to P1.497 trillion as of end-June this year from P1.443 trillion last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. The latest...

Business

Peso closes at record low of 56.43 to dollar

By Des Ferriols | June 19, 2004 - 12:00am

The peso dropped to a new all-time low yesterday, closing at 56.43 to the dollar as market sentiment deteriorated further over political uncertainties and the government’s declining ability to handle its mounting...

Business

Stocks hit 19-mo high; peso gains

November 5, 2003 - 12:00am

The stock market surged to a 19-month peak yesterday due to strong foreign demand for select blue chips led by dominant telecom player Philippine Long Distance Telephone Co. (PLDT) after reports that it posted...

Business

Peso hits new 14-month low of 53.47 to dollar

By Des Ferriols | October 22, 2002 - 12:00am

The peso hit a new 14-month low of 53.470 against the dollar in early morning trade yesterday in the wake of the deadly bombings in Mindanao and Manila. The level was the lowest since the peso hit 53.610 to the...

Business