+ Follow Michael Ricafort Tag
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[ArticleID] => 2370884
[Title] => Losses vs gains: What will happen to the economy if the government bans POGOs?
[Summary] => Do the potential benefits outweigh the losses if POGOs leave the Philippines?
[DatePublished] => 2024-07-18 09:44:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808287
[AuthorName] => Jean Mangaluz
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/02/18/roulette-50124271280_2024-02-18_10-09-43792_thumbnail.jpg
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[1] => Array
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[ArticleID] => 2192353
[Title] => Government trims debt to P12.5 trillion in May
[Summary] => A month before it left office, the Duterte administration managed to bring down its outstanding debt to P12.5 trillion as of end-May, but the new administration will still be in a tight fiscal spot. Latest data from the Bureau of the Treasury showed that the national debt declined by 2.1 percent to P12.49 trillion as of end-May from the record-high of P12.76 trillion a month ago.
[DatePublished] => 2022-07-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1475310
[AuthorName] => Louise Maureen Simeon
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2022/07/01/money2021-12-0119-09-02_2022-07-01_20-15-1251_thumbnail.jpg
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[2] => Array
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[ArticleID] => 2191090
[Title] => Trading uncertainty remains
[Summary] => Uncertainty had been sweeping the stock market for weeks now, as scorching inflation, the depreciation of the peso against the dollar, and fears of a global recession are keeping investors worried.
[DatePublished] => 2022-06-27 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2022/06/26/bus4-pse2018-10-1919-32-012021-11-2619-24-402021-12-1019-11-552021-12-2719-39-172022-02-1120-54-352022-03-2719-22-442022-04-0819-33-42_2022-06-26_19-35-37428_thumbnail.jpg
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[3] => Array
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[ArticleID] => 2047154
[Title] => Market may seek support at 5,830 level
[Summary] => After closing stronger last week, the Philippine Stock Exchange index is seen getting immediate support at the 5,830 level, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.
[DatePublished] => 2020-10-05 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/10/04/s_2020-10-04_22-20-51529_thumbnail.jpg
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[4] => Array
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[ArticleID] => 1985092
[Title] => Remittances rise in November 11 month total up 4.1%
[Summary] => Remittances from overseas Filipino workers continued to grow in November 2019, although at their slowest pace in five months, according to the Bangko Sentral ng Pilipinas.
[DatePublished] => 2020-01-16 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/01/15/miguel_2020-01-15_19-21-5877_thumbnail.jpg
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[5] => Array
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[ArticleID] => 1971522
[Title] => New rules on reserve requirements to release P28 billion
[Summary] => The exclusion of interbank borrowings, repurchase agreements as well as bonds issued to financial intermediaries from the reserve base of banks would free up P28 billion in additional funds to the financial system, according to an economist.
[DatePublished] => 2019-11-25 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[6] => Array
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[ArticleID] => 172714
[Title] => June imports rise 9.4% to $2.85-B
[Summary] => The country’s imports rose for the fifth consecutive month in June, boosting expectations of sustained growth in exports and a reviving economy. The National Statistics Office (NSO) reported yesterday that imports went up by 9.4 percent to $2.853 billion in June from $2.609 billion in the same period last year.
[DatePublished] => 2002-08-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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Michael Ricafort
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[0] => Array
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[ArticleID] => 2370884
[Title] => Losses vs gains: What will happen to the economy if the government bans POGOs?
[Summary] => Do the potential benefits outweigh the losses if POGOs leave the Philippines?
[DatePublished] => 2024-07-18 09:44:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808287
[AuthorName] => Jean Mangaluz
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/02/18/roulette-50124271280_2024-02-18_10-09-43792_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 2192353
[Title] => Government trims debt to P12.5 trillion in May
[Summary] => A month before it left office, the Duterte administration managed to bring down its outstanding debt to P12.5 trillion as of end-May, but the new administration will still be in a tight fiscal spot. Latest data from the Bureau of the Treasury showed that the national debt declined by 2.1 percent to P12.49 trillion as of end-May from the record-high of P12.76 trillion a month ago.
[DatePublished] => 2022-07-02 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1475310
[AuthorName] => Louise Maureen Simeon
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2022/07/01/money2021-12-0119-09-02_2022-07-01_20-15-1251_thumbnail.jpg
)
[2] => Array
(
[ArticleID] => 2191090
[Title] => Trading uncertainty remains
[Summary] => Uncertainty had been sweeping the stock market for weeks now, as scorching inflation, the depreciation of the peso against the dollar, and fears of a global recession are keeping investors worried.
[DatePublished] => 2022-06-27 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2022/06/26/bus4-pse2018-10-1919-32-012021-11-2619-24-402021-12-1019-11-552021-12-2719-39-172022-02-1120-54-352022-03-2719-22-442022-04-0819-33-42_2022-06-26_19-35-37428_thumbnail.jpg
)
[3] => Array
(
[ArticleID] => 2047154
[Title] => Market may seek support at 5,830 level
[Summary] => After closing stronger last week, the Philippine Stock Exchange index is seen getting immediate support at the 5,830 level, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.
[DatePublished] => 2020-10-05 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/10/04/s_2020-10-04_22-20-51529_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 1985092
[Title] => Remittances rise in November 11 month total up 4.1%
[Summary] => Remittances from overseas Filipino workers continued to grow in November 2019, although at their slowest pace in five months, according to the Bangko Sentral ng Pilipinas.
[DatePublished] => 2020-01-16 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804771
[AuthorName] => Mary Grace Padin
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/01/15/miguel_2020-01-15_19-21-5877_thumbnail.jpg
)
[5] => Array
(
[ArticleID] => 1971522
[Title] => New rules on reserve requirements to release P28 billion
[Summary] => The exclusion of interbank borrowings, repurchase agreements as well as bonds issued to financial intermediaries from the reserve base of banks would free up P28 billion in additional funds to the financial system, according to an economist.
[DatePublished] => 2019-11-25 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 172714
[Title] => June imports rise 9.4% to $2.85-B
[Summary] => The country’s imports rose for the fifth consecutive month in June, boosting expectations of sustained growth in exports and a reviving economy. The National Statistics Office (NSO) reported yesterday that imports went up by 9.4 percent to $2.853 billion in June from $2.609 billion in the same period last year.
[DatePublished] => 2002-08-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1690110
[AuthorName] => Rica Delfinado
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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