^
+ Follow INTERNATIONAL OPERATIONS DEPARTMENT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 848277
                    [Title] => BSP keeps close watch on capital flows
                    [Summary] => 

The central bank is reminding public and private enterprises of their duty to submit their foreign borrowing plans for next year by the end of this month.

[DatePublished] => 2012-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 789583 [Title] => BSP adopts automated foreign loan approval [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has adopted an automated system for the approval and registration of foreign loans as part of the continuing efforts to further enhance operational efficiency and delivery of services using latest available technology.

[DatePublished] => 2012-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 761210 [Title] => BSP sets deadline for filing of FDI requests [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has imposed a prescriptive period for the filing of requests for registration of foreign direct investments (FDIs) to improve the data gathering capability of the central bank.

[DatePublished] => 2011-12-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 101496 [Title] => BSP assures investors on 90-day period [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) assured yesterday that its new ruling imposing a 90-day holding period for foreign investments placed in peso time deposits is "not intended to restrict legitimate investments."

In another clarification, following adverse reactions to the new circular, the BSP assured that "the registration of a foreign investment is not mandatory."

According to the BSP, registration is "only required if the foreign exchange to be used for servicing of capital repatriation and the remittance of dividends, profits and earnings thereon will be obtained fro [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

INTERNATIONAL OPERATIONS DEPARTMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 848277
                    [Title] => BSP keeps close watch on capital flows
                    [Summary] => 

The central bank is reminding public and private enterprises of their duty to submit their foreign borrowing plans for next year by the end of this month.

[DatePublished] => 2012-09-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 789583 [Title] => BSP adopts automated foreign loan approval [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has adopted an automated system for the approval and registration of foreign loans as part of the continuing efforts to further enhance operational efficiency and delivery of services using latest available technology.

[DatePublished] => 2012-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 761210 [Title] => BSP sets deadline for filing of FDI requests [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has imposed a prescriptive period for the filing of requests for registration of foreign direct investments (FDIs) to improve the data gathering capability of the central bank.

[DatePublished] => 2011-12-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 101496 [Title] => BSP assures investors on 90-day period [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) assured yesterday that its new ruling imposing a 90-day holding period for foreign investments placed in peso time deposits is "not intended to restrict legitimate investments."

In another clarification, following adverse reactions to the new circular, the BSP assured that "the registration of a foreign investment is not mandatory."

According to the BSP, registration is "only required if the foreign exchange to be used for servicing of capital repatriation and the remittance of dividends, profits and earnings thereon will be obtained fro [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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