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+ Follow GOVERNOR AMANDO TETANGCO JR Tag
GOVERNOR AMANDO TETANGCO JR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1363331
                    [Title] => (UPDATE) Stocks down on lacking stimulating factors
                    [Summary] => 

The Philippine equities closed the week on the negative as investors found no reason to beef up their portfolio.

[DatePublished] => 2014-08-29 22:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 949373 [Title] => BSP says Phl growth potential now at 6-7% [Summary] =>

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr said with the  economy expanding beyond expectations last quarter, the potential growth rate of the country has gone up to six to seven percent.

[DatePublished] => 2013-06-03 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://imageshack.us/a/img96/7921/bus3new.jpg ) [2] => Array ( [ArticleID] => 802595 [Title] => Reporters' notebook [Summary] =>

VIPs flocked to the opening ceremony of the 45th annual meeting of the Asian Development Bank at the SMX Convention Center.

[DatePublished] => 2012-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 346715 [Title] => Peso continues to strengthen [Summary] => The peso continued to strengthen against the dollar yesterday, rising by another 23 centavos to settle at 52.120, its strongest level in seven weeks on the back of a strong Japanese yen which spurred an appreciation of most regional currencies against the dollar.

The peso opened strong at 52.150 and at one point even strengthened to as high as 52.085 to the dollar.

Analysts said the market was anticipating a possible increase in interest rates in Japan, the first time in six years that the Bank of Japan (BOJ) would increase its rates.
[DatePublished] => 2006-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 326471 [Title] => RP to pay $500-M debt in advance [Summary] => The Bangko Sentral ng Pilipinas (BSP) will pay $500 million worth of debt in advance next month, using its foreign exchange reserves, BSP Governor Amando Tetangco Jr said yesterday.

Tetangco said the decision took into consideration the higher level of gross international reserves (GIR) and the continuing foreign exchange inflows that have improved the BSP’s external position.

"At the same time, the prepayment will enable the BSP to save on interest expense," he said.
[DatePublished] => 2006-03-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 323649 [Title] => Peso, stocks recover as coup tension eases [Summary] => Financial markets recovered yesterday on optimism President Arroyo will proceed with plans to improve the country’s finances after avoiding an escalation in protests seeking to topple her government.

Analysts said investors largely brushed aside President Arroyo’s declaration of a national emergency which is likely to remain in place after a tense military standoff at the weekend.
[DatePublished] => 2006-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 312272 [Title] => Peso gains anew versus dollar [Summary] => The peso gained 24.5 centavos yesterday to settle at 53.450 to a dollar from Tuesday’s close of 53.695 on the back of the continued strong dollar inflow from overseas Filipino workers.

At the Philippine Dealing System (PDS), the peso opened at 53.740 before hitting a high of 53.440 and a low of 53.740 to $1.

Total transaction amounted to $585.50 million on an average rate of 53.545 to $1.
[DatePublished] => 2005-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 299403 [Title] => Inflation seen slowing down in September [Summary] => Inflation probably slowed in September to the lowest in more than a year on cheaper food and oil, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr said yesterday.

"Inflation forecast for September is 6.6 percent to 7.1 percent," Tetangco said in a text message. "A mild deceleration is expected due to lower oil prices relative to August and lower food inflation." The inflation rate was last at 6.6 percent in July 2004.
[DatePublished] => 2005-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 291763 [Title] => Oil price concerns depress peso, stocks [Summary] => Financial markets weakened yesterday on concern rising oil prices will crimp the country’s economic growth.

At yesterday’s trading at the Philippine Dealing System (PDS), the peso retreated by 12.50 centavos to settle at 55.770 to a dollar while the benchmark Philippine stock index recorded its biggest drop in six weeks to settle at 2,005.99 points.

The Phisix tumbled by 32.11 points or 1.6 percent yesterday, snapping a 3.2 percent climb in the previous four sessions. It is the index’s biggest fall since a 4.2 percent drop in July 4.
[DatePublished] => 2005-08-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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