+ Follow Iluminada Sicat Tag
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[0] => Array
(
[ArticleID] => 2009573
[Title] => Remittances seen to shrink first time in nearly 2 decades, says BSP
[Summary] => The Bangko Sentral ng Pilipinas now expects remittances to shrink for the first time in almost two decades as more overseas Filipino workers return to the Philippines amid the global virus outbreak.
[DatePublished] => 2020-04-25 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/04/24/bsp_2020-04-24_19-15-30306_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 451915
[Title] => Current account surplus narrows to $4.2 billion in 2008
[Summary] => MANILA, Philippines - The country’s current account surplus narrowed to $4.2 billion in 2008 from the $7.1-billion surplus recorded in 2007, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
[DatePublished] => 2009-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 443475
[Title] => Businesses generally pessimistic in 1st quarter
[Summary] => Businessmen are generally pessimistic about their prospects for the first quarter of this year due to the negative impact of the global financial turmoil on the Philippines...
[DatePublished] => 2009-02-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 436597
[Title] => OFW remittances to slow this year
[Summary] => MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) said remittance inflows from overseas Filipinos would be significantly slower than originally expected this year, dipping below the six to nine percent projected growth.
[DatePublished] => 2009-02-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 67473
[Title] => Consumer confidence dims in 2nd qtr
[Summary] =>
Consumer confidence dimmed considerably in the second quarter as consumer outlook on personal and overall economic prospects darkened in the wake of weakening global and domestic economy.
[DatePublished] => 2008-06-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 361778
[Title] => BSP sets review of FDI forecast for 2006
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is going to review its estimates for foreign direct investment inflows (FDIs) this year, indicating that actual funds coming into the country could be bigger than the projected $2 billion.
The BSP said that based on the latest indicators from the National Statistics Office (NSO), foreign direct investment (FDI) inflows are stronger than anticipated in the second quarter of the year.
[DatePublished] => 2006-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 355894
[Title] => ‘Business less optimistic in Q3’
[Summary] => Business optimism was down in the third quarter but sentiments are expected to improve in the next as bigger remittances from overseas Filipino workers will likely boost spending ahead of the Christmas season, results of a Bangko Sentral ng Pilipinas (BSP) survey showed.
The BSP’s Business Expectation Survey (BES) revealed that the confidence index of the business sector, while remaining positive in the third quarter, is lower than the previous quarter’s.
[DatePublished] => 2006-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[7] => Array
(
[ArticleID] => 344268
[Title] => BSP orders banks, forex dealers to bare transaction costs, transfer fees
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has ordered banks, foreign exchange dealers and money changers to disclose transaction costs and fees for money transfers to ensure transparency in remittance transactions.
According to BSP officer-in-charge Nestor Espenilla Jr., the rule was issued in an effort to improve consumer protection by enhancing transparency in overseas remittance transactions.
[DatePublished] => 2006-06-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 343543
[Title] => BSP upbeat over stronger exports
[Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism yesterday that exports would perform better than expected this year as global demand for semiconductors and electronics products has started to pick up.
Exports are projected to grow by eight percent this year, but BSP officials said indications are this growth rate would be easily achieved and maybe even surpassed.
The BSP said in its first quarter balance of payments report that exports recovered strongly in the first quarter, going up by 14.2 percent to $10.7 billion from $9.9 billion last year.
[DatePublished] => 2006-06-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 343389
[Title] => Current account surplus widens to $1.17B in Q1
[Summary] => Income from business process outsourcing (BPOs) operations such as call centers boosted the country’s current account position in the first three months of the year.
The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s current account for the first three months of the year posted a surplus of $1.17 billion, equivalent to about 4.4 percent of gross domestic product (GDP).
[DatePublished] => 2006-06-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
Iluminada Sicat
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2009573
[Title] => Remittances seen to shrink first time in nearly 2 decades, says BSP
[Summary] => The Bangko Sentral ng Pilipinas now expects remittances to shrink for the first time in almost two decades as more overseas Filipino workers return to the Philippines amid the global virus outbreak.
[DatePublished] => 2020-04-25 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/04/24/bsp_2020-04-24_19-15-30306_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 451915
[Title] => Current account surplus narrows to $4.2 billion in 2008
[Summary] => MANILA, Philippines - The country’s current account surplus narrowed to $4.2 billion in 2008 from the $7.1-billion surplus recorded in 2007, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
[DatePublished] => 2009-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 443475
[Title] => Businesses generally pessimistic in 1st quarter
[Summary] => Businessmen are generally pessimistic about their prospects for the first quarter of this year due to the negative impact of the global financial turmoil on the Philippines...
[DatePublished] => 2009-02-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 436597
[Title] => OFW remittances to slow this year
[Summary] => MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) said remittance inflows from overseas Filipinos would be significantly slower than originally expected this year, dipping below the six to nine percent projected growth.
[DatePublished] => 2009-02-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 67473
[Title] => Consumer confidence dims in 2nd qtr
[Summary] =>
Consumer confidence dimmed considerably in the second quarter as consumer outlook on personal and overall economic prospects darkened in the wake of weakening global and domestic economy.
[DatePublished] => 2008-06-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 361778
[Title] => BSP sets review of FDI forecast for 2006
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is going to review its estimates for foreign direct investment inflows (FDIs) this year, indicating that actual funds coming into the country could be bigger than the projected $2 billion.
The BSP said that based on the latest indicators from the National Statistics Office (NSO), foreign direct investment (FDI) inflows are stronger than anticipated in the second quarter of the year.
[DatePublished] => 2006-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 355894
[Title] => ‘Business less optimistic in Q3’
[Summary] => Business optimism was down in the third quarter but sentiments are expected to improve in the next as bigger remittances from overseas Filipino workers will likely boost spending ahead of the Christmas season, results of a Bangko Sentral ng Pilipinas (BSP) survey showed.
The BSP’s Business Expectation Survey (BES) revealed that the confidence index of the business sector, while remaining positive in the third quarter, is lower than the previous quarter’s.
[DatePublished] => 2006-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[7] => Array
(
[ArticleID] => 344268
[Title] => BSP orders banks, forex dealers to bare transaction costs, transfer fees
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has ordered banks, foreign exchange dealers and money changers to disclose transaction costs and fees for money transfers to ensure transparency in remittance transactions.
According to BSP officer-in-charge Nestor Espenilla Jr., the rule was issued in an effort to improve consumer protection by enhancing transparency in overseas remittance transactions.
[DatePublished] => 2006-06-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 343543
[Title] => BSP upbeat over stronger exports
[Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism yesterday that exports would perform better than expected this year as global demand for semiconductors and electronics products has started to pick up.
Exports are projected to grow by eight percent this year, but BSP officials said indications are this growth rate would be easily achieved and maybe even surpassed.
The BSP said in its first quarter balance of payments report that exports recovered strongly in the first quarter, going up by 14.2 percent to $10.7 billion from $9.9 billion last year.
[DatePublished] => 2006-06-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 343389
[Title] => Current account surplus widens to $1.17B in Q1
[Summary] => Income from business process outsourcing (BPOs) operations such as call centers boosted the country’s current account position in the first three months of the year.
The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s current account for the first three months of the year posted a surplus of $1.17 billion, equivalent to about 4.4 percent of gross domestic product (GDP).
[DatePublished] => 2006-06-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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