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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 37673
                    [Title] => Inflation surges to 3.9% in December
                    [Summary] => 
            
The nationwide inflation rate surged to a higher than expected 3.9 percent in December from 3.2 percent in November, pushed largely by rising food and oil prices.
                    [DatePublished] => 2008-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 11929
                    [Title] => Local shares close 3.0 percent lower on subprime fears
                    [Summary] => 
            
                    [DatePublished] => 2007-08-10 14:10:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 395522
                    [Title] => StanChart sees peso weakening in Q2
                    [Summary] => 



Standard Chartered Bank (SCB) sees the peso weakening in the second quarter. SCB, one of the oldest banks operating in the country, is also forecasting a cut in interest rates and a slow down in gross domestic product (GDP) growth for 2007.


In a presentation, SCB regional economist Frances Cheung said the peso will weaken in the second quarter due to poor investor sentiments and anxiety over the results of the May elections.


                    [DatePublished] => 2007-04-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 382945
                    [Title] => RP budget deficit of P62.2B in 2006 is lowest in 8 years
                    [Summary] => 



The country’s budget deficit shrank in 2006 to P62.2 billion, the lowest in eight years and the third year in a row that the shortfall was smaller than target, Finance Secretary Margarito Teves announced yesterday.


The government had estimated last month that the 2006 deficit was P60 to P65 billion, half an initial target of P125 billion. The 2005 shortfall was P146.5 billion. The 2006 deficit was the lowest since 1998 when the budget gap was recorded at P53 billion.


                    [DatePublished] => 2007-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 381764
                    [Title] => Imports up 13.4% to $4.51B in Nov
                    [Summary] => 

Import growth accelerated to a three-month high in November as manufacturers purchased more raw materials on prospects that exports may rise in 2007.      


Overseas purchases rose 13.4 percent to $4.51 billion in November after a 12.5 percent gain in October, the National Statistics Office (NSO) said yesterday. 


                    [DatePublished] => 2007-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 367088
                    [Title] => Standard Chartered forecasts P49-to-$1 by yearend
                    [Summary] => 



UK-based Standard Chartered Bank expects the peso to strengthen to 49 to a dollar by yearend as it also dispelled fears a stronger peso will have a negative effect on the local economy.


"We remain positive on the Philippine peso given the economy’s strong external position," the bank added.


"While the government has expressed concern about a strong peso’s adverse impact on exports, it remains a useful tool in containing inflation," the bank added.


                    [DatePublished] => 2006-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 365379
                    [Title] => Election spending to spur economic activity
                    [Summary] => 



Next year’s election spending is expected to generate economic activity in order to offset the decrease in exports, a Singapore based economist said yesterday.


Jose Mario Cuyegkeng, senior economist of ING Bank said the growth in exports this year will not be duplicated in 2007 as the world economy slows down.


"Global environment is not growing as fast this year," Cuyegkeng told members of the Financial Executives Association of the Philippines (Finex) at a conference in New World Hotel.


                    [DatePublished] => 2006-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

FRANCES CHEUNG

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 37673
                    [Title] => Inflation surges to 3.9% in December
                    [Summary] => 
            
The nationwide inflation rate surged to a higher than expected 3.9 percent in December from 3.2 percent in November, pushed largely by rising food and oil prices.
                    [DatePublished] => 2008-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 11929
                    [Title] => Local shares close 3.0 percent lower on subprime fears
                    [Summary] => 
            
                    [DatePublished] => 2007-08-10 14:10:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 395522
                    [Title] => StanChart sees peso weakening in Q2
                    [Summary] => 



Standard Chartered Bank (SCB) sees the peso weakening in the second quarter. SCB, one of the oldest banks operating in the country, is also forecasting a cut in interest rates and a slow down in gross domestic product (GDP) growth for 2007.


In a presentation, SCB regional economist Frances Cheung said the peso will weaken in the second quarter due to poor investor sentiments and anxiety over the results of the May elections.


                    [DatePublished] => 2007-04-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 382945
                    [Title] => RP budget deficit of P62.2B in 2006 is lowest in 8 years
                    [Summary] => 



The country’s budget deficit shrank in 2006 to P62.2 billion, the lowest in eight years and the third year in a row that the shortfall was smaller than target, Finance Secretary Margarito Teves announced yesterday.


The government had estimated last month that the 2006 deficit was P60 to P65 billion, half an initial target of P125 billion. The 2005 shortfall was P146.5 billion. The 2006 deficit was the lowest since 1998 when the budget gap was recorded at P53 billion.


                    [DatePublished] => 2007-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 381764
                    [Title] => Imports up 13.4% to $4.51B in Nov
                    [Summary] => 

Import growth accelerated to a three-month high in November as manufacturers purchased more raw materials on prospects that exports may rise in 2007.      


Overseas purchases rose 13.4 percent to $4.51 billion in November after a 12.5 percent gain in October, the National Statistics Office (NSO) said yesterday. 


                    [DatePublished] => 2007-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 367088
                    [Title] => Standard Chartered forecasts P49-to-$1 by yearend
                    [Summary] => 



UK-based Standard Chartered Bank expects the peso to strengthen to 49 to a dollar by yearend as it also dispelled fears a stronger peso will have a negative effect on the local economy.


"We remain positive on the Philippine peso given the economy’s strong external position," the bank added.


"While the government has expressed concern about a strong peso’s adverse impact on exports, it remains a useful tool in containing inflation," the bank added.


                    [DatePublished] => 2006-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 365379
                    [Title] => Election spending to spur economic activity
                    [Summary] => 



Next year’s election spending is expected to generate economic activity in order to offset the decrease in exports, a Singapore based economist said yesterday.


Jose Mario Cuyegkeng, senior economist of ING Bank said the growth in exports this year will not be duplicated in 2007 as the world economy slows down.


"Global environment is not growing as fast this year," Cuyegkeng told members of the Financial Executives Association of the Philippines (Finex) at a conference in New World Hotel.


                    [DatePublished] => 2006-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest