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                    [Title] => Bill extending SPV law signed
                    [Summary] => President Arroyo signed into law yesterday a measure extending for another two years tax waivers on the sale of bad assets racked up by banks during the Asian crisis.


In simple ceremonies held at the Philippine Stock Exchange (PSE) in Makati City, Mrs. Arroyo signed Republic Act No. 9343, extending the deadline of registration of Special Purpose Vehicles (SPVs) by financial institutions that would allow them to get rid of non-performing assets.


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                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
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LUIS VILLAFUERTE AND MANILA REP

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                    [ArticleID] => 333230
                    [Title] => Bill extending SPV law signed
                    [Summary] => President Arroyo signed into law yesterday a measure extending for another two years tax waivers on the sale of bad assets racked up by banks during the Asian crisis.


In simple ceremonies held at the Philippine Stock Exchange (PSE) in Makati City, Mrs. Arroyo signed Republic Act No. 9343, extending the deadline of registration of Special Purpose Vehicles (SPVs) by financial institutions that would allow them to get rid of non-performing assets.


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Bill extending SPV law signed

By Paolo Romero | April 25, 2006 - 12:00am

President Arroyo signed into law yesterday a measure extending for another two years tax waivers on the sale of bad assets racked up by banks during the Asian crisis. In simple ceremonies held at the Philippine...

Headlines