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+ Follow GEORGE WORTHINGTON Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 736017 [Title] => Exports suffer biggest decline in 2 yrs [Summary] =>The country’s merchandise exports recorded a double-digit drop of 15.1 percent in August this year, the sharpest decline in 24 months, due largely to shrinking global demand for electronics and semiconductors, the National Statistics Office (NSO) reported yesterday.
[DatePublished] => 2011-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 359983 [Title] => Imports up 16.5% to $4.46B in July on higher oil prices [Summary] => The countrys imports rose 16.5 percent to $4.46 billion in July, reflecting higher crude oil prices, the National Statistics Office (NSO) reported yesterday.
The trade deficit widened to $508 million compared with a deficit of $330 million in July last year.
NSO earlier reported that exports in July had grown 12.9 percent to $3.96 billion.
Electronics imports, which accounted for 43.6 percent of the total import bill in July, rose 3.1 percent year-on-year to $1.95 billion. The bulk of these imports are parts for the Philippines own electronics exports. [DatePublished] => 2006-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 351070 [Title] => Inflation slows to 6.4% in July [Summary] => Inflation slowed to 6.4 percent in July, its lowest level in two years, from 6.7 percent in June, the National Statistics Office reported yesterday, raising the prospect that interest rates will remain steady.
The slowdown was attributed mainly to easing food prices.
The July figure came in at the lower end of the Bangko Sentral ng Pilipinas (BSP) projected range of 6.3 to seven percent and was the lowest since June 2004 when it hit 5.4 percent, the NSO said.
[DatePublished] => 2006-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 284636 [Title] => New BSP chief to tread in predecessors footsteps [Summary] => Amando Tetangco has big shoes to fill when he takes over as Philippine central bank governor tomorrow, and he could hardly have a more hazardous path ahead. Markets are unnerved by a political scandal that has enveloped President Arroyo and which threatens to overshadow her limited success in reforming the economy and wean it off foreign debt.
But analysts and market players are confident that Tetangco, with nearly 30 years experience of central banking through uprisings, coups and currency crises, can take the pressure.
[DatePublished] => 2005-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1757084 [AuthorName] => Stuart Grudgings [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 193539 [Title] => RP posts 4.6% GDP growth in 2002 [Summary] => The economy grew by a strong 4.6 percent in 2002, the highest growth rate since the Asian financial crisis six years ago, President Arroyo announced yesterday. [DatePublished] => 2003-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097133 [AuthorName] => Jose Rodel Clapano [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 168876 [Title] => Growth of imports slows in May, but recovery still on [Summary] => The countrys imports recorded slower growth in May from a five-year high in April but were sufficient enough to signal that a tentative recovery in manufacturing was at least being maintained, economists said yesterday. [DatePublished] => 2002-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
GEORGE WORTHINGTON
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 736017 [Title] => Exports suffer biggest decline in 2 yrs [Summary] =>The country’s merchandise exports recorded a double-digit drop of 15.1 percent in August this year, the sharpest decline in 24 months, due largely to shrinking global demand for electronics and semiconductors, the National Statistics Office (NSO) reported yesterday.
[DatePublished] => 2011-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 359983 [Title] => Imports up 16.5% to $4.46B in July on higher oil prices [Summary] => The countrys imports rose 16.5 percent to $4.46 billion in July, reflecting higher crude oil prices, the National Statistics Office (NSO) reported yesterday.
The trade deficit widened to $508 million compared with a deficit of $330 million in July last year.
NSO earlier reported that exports in July had grown 12.9 percent to $3.96 billion.
Electronics imports, which accounted for 43.6 percent of the total import bill in July, rose 3.1 percent year-on-year to $1.95 billion. The bulk of these imports are parts for the Philippines own electronics exports. [DatePublished] => 2006-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 351070 [Title] => Inflation slows to 6.4% in July [Summary] => Inflation slowed to 6.4 percent in July, its lowest level in two years, from 6.7 percent in June, the National Statistics Office reported yesterday, raising the prospect that interest rates will remain steady.
The slowdown was attributed mainly to easing food prices.
The July figure came in at the lower end of the Bangko Sentral ng Pilipinas (BSP) projected range of 6.3 to seven percent and was the lowest since June 2004 when it hit 5.4 percent, the NSO said.
[DatePublished] => 2006-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 284636 [Title] => New BSP chief to tread in predecessors footsteps [Summary] => Amando Tetangco has big shoes to fill when he takes over as Philippine central bank governor tomorrow, and he could hardly have a more hazardous path ahead. Markets are unnerved by a political scandal that has enveloped President Arroyo and which threatens to overshadow her limited success in reforming the economy and wean it off foreign debt.
But analysts and market players are confident that Tetangco, with nearly 30 years experience of central banking through uprisings, coups and currency crises, can take the pressure.
[DatePublished] => 2005-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1757084 [AuthorName] => Stuart Grudgings [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 193539 [Title] => RP posts 4.6% GDP growth in 2002 [Summary] => The economy grew by a strong 4.6 percent in 2002, the highest growth rate since the Asian financial crisis six years ago, President Arroyo announced yesterday. [DatePublished] => 2003-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097133 [AuthorName] => Jose Rodel Clapano [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 168876 [Title] => Growth of imports slows in May, but recovery still on [Summary] => The countrys imports recorded slower growth in May from a five-year high in April but were sufficient enough to signal that a tentative recovery in manufacturing was at least being maintained, economists said yesterday. [DatePublished] => 2002-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Rica Delfinado | October 12, 2011 - 12:00am
September 27, 2006 - 12:00am
By Donnabelle L. Gatdula | August 5, 2006 - 12:00am
By Stuart Grudgings | July 3, 2005 - 12:00am
By Jose Rodel Clapano | January 31, 2003 - 12:00am
By Rica Delfinado | July 20, 2002 - 12:00am
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