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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 224260 [Title] => PSBank expects to surpass income target for 2003 [Summary] => Philippine Savings Bank (PSBank) is optimistic it would be able to surpass its net income target for the whole of 2003 as the economy shows positive growth signs.
Earlier, PSBank officials said they trimmed their growth targets for this year from 10 percent to 12 percent.
"We will beat that," Pascual M.Garcia III, PSBank president said in a formal press launch of PSBank Flexi Credit Line yesterday.
PSBanks net income recorded a notable 72.8 percent growth to P302 million in 2002 from P174.7 million in 2001.
[DatePublished] => 2003-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FLEXI CREDIT LINE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 224260 [Title] => PSBank expects to surpass income target for 2003 [Summary] => Philippine Savings Bank (PSBank) is optimistic it would be able to surpass its net income target for the whole of 2003 as the economy shows positive growth signs.
Earlier, PSBank officials said they trimmed their growth targets for this year from 10 percent to 12 percent.
"We will beat that," Pascual M.Garcia III, PSBank president said in a formal press launch of PSBank Flexi Credit Line yesterday.
PSBanks net income recorded a notable 72.8 percent growth to P302 million in 2002 from P174.7 million in 2001.
[DatePublished] => 2003-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | October 15, 2003 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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