^
+ Follow FINANCE SECRETARY JOSE ISIDRO CAMACHO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 640950
                    [Title] => Code NGO to shed light anew on Peace Bonds
                    [Summary] => 

Officers of the Caucus of Development NGO Networks (Code-NGO) are again willing to be put on the hot seat as lawmakers are now reviving calls to investigate the controversial multi-billion peso Peace Bonds transaction.

[DatePublished] => 2010-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 270800 [Title] => Government to sell 45% stake in PNB before September [Summary] => The government has decided to sell its 45 percent interest in Philippine National Bank (PNB), one of the country’s biggest banks, before September this year, according to Finance Secretary Cesar V. Purisima.

He said the government is set to hire a financial adviser to help evaluate its options as well as peg the floor price for its shares in PNB.

Purisima said no ballpark value for government’s holdings in PNB has been set yet but the combined holdings of the Lucio Tan Group and the government has been estimated to be worth at least $400 million.
[DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 263172 [Title] => Patchwork measures so far for crisis [Summary] => The peso’s continued decline is not because Ate Glo admitted we are in crisis but more because she has failed thus far to offer more than patchwork measures to deal with the crisis. That’s the same thing with the international roadshow her economic managers plan to undertake soon to explain the country’s circumstances. It will be a waste of time and money unless we can offer a program that is more than a collection of small symbolic stuff.
[DatePublished] => 2004-08-30 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261155 [Title] => GMA pinayuhang magbakasyon naman [Summary] => Pinayuhan ni Sen. Joker Arroyo si Pangulong Arroyo na magbakasyon muna dahil sa mahigit tatlong taon na itong nagtatrabaho ng walang pahinga.

"The President should take a good and restful vacation, she sounds tired. That is why she has become onion-skinned," ayon kay Sen. Arroyo.

Pinuna din ng senador ang mga miyembro ng Gabinete na nagsusumiksik sa saya ng Pangulo kung napupuna ang kapalpakan ng mga ito sa kanilang mga trabaho.
[DatePublished] => 2004-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [4] => Array ( [ArticleID] => 257370 [Title] => ‘Senate may reject new taxes’ [Summary] => The Senate is likely to reject new tax proposals that finance, budget and economic managers of the Arroyo administration plan to submit to Congress to raise additional funds to reduce the huge budget deficit this year.

"I think new taxes are indefensible," Sen. Ralph Recto, ways and means committee chairman, said yesterday. His panel wields the power of life and death over tax measures.

"At a time when the costs of basic services are rising, we will have difficulty selling tax proposals to the public," he said.
[DatePublished] => 2004-07-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 241588 [Title] => Foreign firm warns vs impact of poll spending on budget [Summary] => A foreign consultancy firm has warned that the Philippines may again lose grip of its fiscal stance as the huge election spending could impact on the national budget.

The Wallace Business Forum Inc. expressed concerns that the budget deficit would go out of control due to the confusion and uncertainty caused by the May elections, which has become the benchmark for the first six months of 2004.
[DatePublished] => 2004-03-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 239437 [Title] => Figueroa named national treasurer [Summary] => Deputy Treasurer Mina Figueroa was formally appointed national treasurer yesterday, replacing Sergio Edeza who was appointed president of the Philippine Export Import Bank (Phileximbank).

Figueroa was sworn into office during simple ceremonies at Malacañang after her appointment papers were signed by President Arroyo last Monday.

Figueroa will serve the remainder of the Arroyo administration after her long stint as Edeza’s deputy. She will be primarily responsible for the government’s $7.6-billion borrowing program for 2004.
[DatePublished] => 2004-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 239074 [Title] => DOF seeks P35-M grant to fund M’danao study [Summary] => The Department of Finance (DOF) is negotiating for a P35-million grant to finance the needs assessment survey for Mindanao that would determine the disposition of the so-called Peace Fund.

Finance Secretary Juanita Amatong said over the weekend that a technical assistance grant of about $600,000 was under negotiations.

Amatong did not identify the possible source until the transaction has been concluded.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 239197 [Title] => DOF seeks P35-M grant to fund M’danao study [Summary] => The Department of Finance (DOF) is negotiating for a P35-million grant to finance the needs assessment survey for Mindanao that would determine the disposition of the so-called Peace Fund.

Finance Secretary Juanita Amatong said over the weekend that a technical assistance grant of about $600,000 was under negotiations.

Amatong did not identify the possible source until the transaction has been concluded.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 238973 [Title] => RP placed too much importance on CalPERS, say economic officials [Summary] => Senior economic officials had admitted that the Arroyo administration may have been giving too much importance to the California Public Employees Retirement System (CalPERS), the largest public fund in the US.

According to a top official, former Finance Secretary Jose Isidro Camacho had given much significance to CalPERS which has long since disengaged itself not only from the Philippines but much of Southeast Asia.
[DatePublished] => 2004-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FINANCE SECRETARY JOSE ISIDRO CAMACHO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 640950
                    [Title] => Code NGO to shed light anew on Peace Bonds
                    [Summary] => 

Officers of the Caucus of Development NGO Networks (Code-NGO) are again willing to be put on the hot seat as lawmakers are now reviving calls to investigate the controversial multi-billion peso Peace Bonds transaction.

[DatePublished] => 2010-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 270800 [Title] => Government to sell 45% stake in PNB before September [Summary] => The government has decided to sell its 45 percent interest in Philippine National Bank (PNB), one of the country’s biggest banks, before September this year, according to Finance Secretary Cesar V. Purisima.

He said the government is set to hire a financial adviser to help evaluate its options as well as peg the floor price for its shares in PNB.

Purisima said no ballpark value for government’s holdings in PNB has been set yet but the combined holdings of the Lucio Tan Group and the government has been estimated to be worth at least $400 million.
[DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 263172 [Title] => Patchwork measures so far for crisis [Summary] => The peso’s continued decline is not because Ate Glo admitted we are in crisis but more because she has failed thus far to offer more than patchwork measures to deal with the crisis. That’s the same thing with the international roadshow her economic managers plan to undertake soon to explain the country’s circumstances. It will be a waste of time and money unless we can offer a program that is more than a collection of small symbolic stuff.
[DatePublished] => 2004-08-30 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261155 [Title] => GMA pinayuhang magbakasyon naman [Summary] => Pinayuhan ni Sen. Joker Arroyo si Pangulong Arroyo na magbakasyon muna dahil sa mahigit tatlong taon na itong nagtatrabaho ng walang pahinga.

"The President should take a good and restful vacation, she sounds tired. That is why she has become onion-skinned," ayon kay Sen. Arroyo.

Pinuna din ng senador ang mga miyembro ng Gabinete na nagsusumiksik sa saya ng Pangulo kung napupuna ang kapalpakan ng mga ito sa kanilang mga trabaho.
[DatePublished] => 2004-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [4] => Array ( [ArticleID] => 257370 [Title] => ‘Senate may reject new taxes’ [Summary] => The Senate is likely to reject new tax proposals that finance, budget and economic managers of the Arroyo administration plan to submit to Congress to raise additional funds to reduce the huge budget deficit this year.

"I think new taxes are indefensible," Sen. Ralph Recto, ways and means committee chairman, said yesterday. His panel wields the power of life and death over tax measures.

"At a time when the costs of basic services are rising, we will have difficulty selling tax proposals to the public," he said.
[DatePublished] => 2004-07-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 241588 [Title] => Foreign firm warns vs impact of poll spending on budget [Summary] => A foreign consultancy firm has warned that the Philippines may again lose grip of its fiscal stance as the huge election spending could impact on the national budget.

The Wallace Business Forum Inc. expressed concerns that the budget deficit would go out of control due to the confusion and uncertainty caused by the May elections, which has become the benchmark for the first six months of 2004.
[DatePublished] => 2004-03-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 239437 [Title] => Figueroa named national treasurer [Summary] => Deputy Treasurer Mina Figueroa was formally appointed national treasurer yesterday, replacing Sergio Edeza who was appointed president of the Philippine Export Import Bank (Phileximbank).

Figueroa was sworn into office during simple ceremonies at Malacañang after her appointment papers were signed by President Arroyo last Monday.

Figueroa will serve the remainder of the Arroyo administration after her long stint as Edeza’s deputy. She will be primarily responsible for the government’s $7.6-billion borrowing program for 2004.
[DatePublished] => 2004-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 239074 [Title] => DOF seeks P35-M grant to fund M’danao study [Summary] => The Department of Finance (DOF) is negotiating for a P35-million grant to finance the needs assessment survey for Mindanao that would determine the disposition of the so-called Peace Fund.

Finance Secretary Juanita Amatong said over the weekend that a technical assistance grant of about $600,000 was under negotiations.

Amatong did not identify the possible source until the transaction has been concluded.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 239197 [Title] => DOF seeks P35-M grant to fund M’danao study [Summary] => The Department of Finance (DOF) is negotiating for a P35-million grant to finance the needs assessment survey for Mindanao that would determine the disposition of the so-called Peace Fund.

Finance Secretary Juanita Amatong said over the weekend that a technical assistance grant of about $600,000 was under negotiations.

Amatong did not identify the possible source until the transaction has been concluded.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 238973 [Title] => RP placed too much importance on CalPERS, say economic officials [Summary] => Senior economic officials had admitted that the Arroyo administration may have been giving too much importance to the California Public Employees Retirement System (CalPERS), the largest public fund in the US.

According to a top official, former Finance Secretary Jose Isidro Camacho had given much significance to CalPERS which has long since disengaged itself not only from the Philippines but much of Southeast Asia.
[DatePublished] => 2004-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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