^
+ Follow LATERAL ATTRITION Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 293995
                    [Title] => All eyes on the Supreme Court
                    [Summary] => Investors are keenly awaiting the ruling of the Supreme Court (SC) regarding the TRO on EVAT bill in July.  We have repeatedly mentioned in previous articles that the run-up in the Philippine stock market is basically a macro call – hinged on the successful implementation of economic and fiscal reforms.  

[DatePublished] => 2005-08-29 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 288160 [Title] => Yuan revalues after a decade-long peg to the US dollar [Summary] =>
Yuan Revalues
Last week, China let the yuan strengthen by 2.1 percent to 8.11/dollar from its decade-long rate of 8.28/dollar. The new exchange rate system calls for daily adjustments based on a basket of currencies. This is viewed as a way of establishing a framework for gradual appreciation.

Malaysia, likewise, removed its peg on the US dollar in favor of a managed float, allowing its currency to appreciate for the first time in seven years.
[DatePublished] => 2005-07-25 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 267768 [Title] => Arroyo urges speedy VAT bill passage [Summary] => President Arroyo said yesterday the proposed increase in the value added tax (VAT) to 12 percent and the lifting of its exemptions could raise as much as P60 billion additional revenues for the deficit-strapped government.

Mrs. Arroyo called on Congress to speed up the passage of the proposed VAT bill which seeks to increase the collection of value added taxes from the present 10 to 12 percent.

The President made the appeal to lawmakers following the passage of the Lateral Attrition bill at the end of the three-day special session last Friday.
[DatePublished] => 2005-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
LATERAL ATTRITION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 293995
                    [Title] => All eyes on the Supreme Court
                    [Summary] => Investors are keenly awaiting the ruling of the Supreme Court (SC) regarding the TRO on EVAT bill in July.  We have repeatedly mentioned in previous articles that the run-up in the Philippine stock market is basically a macro call – hinged on the successful implementation of economic and fiscal reforms.  

[DatePublished] => 2005-08-29 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 288160 [Title] => Yuan revalues after a decade-long peg to the US dollar [Summary] =>
Yuan Revalues
Last week, China let the yuan strengthen by 2.1 percent to 8.11/dollar from its decade-long rate of 8.28/dollar. The new exchange rate system calls for daily adjustments based on a basket of currencies. This is viewed as a way of establishing a framework for gradual appreciation.

Malaysia, likewise, removed its peg on the US dollar in favor of a managed float, allowing its currency to appreciate for the first time in seven years.
[DatePublished] => 2005-07-25 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 267768 [Title] => Arroyo urges speedy VAT bill passage [Summary] => President Arroyo said yesterday the proposed increase in the value added tax (VAT) to 12 percent and the lifting of its exemptions could raise as much as P60 billion additional revenues for the deficit-strapped government.

Mrs. Arroyo called on Congress to speed up the passage of the proposed VAT bill which seeks to increase the collection of value added taxes from the present 10 to 12 percent.

The President made the appeal to lawmakers following the passage of the Lateral Attrition bill at the end of the three-day special session last Friday.
[DatePublished] => 2005-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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