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+ Follow PHILIPPINE ACCOUNTING STANDARDS Tag
PHILIPPINE ACCOUNTING STANDARDS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1507465
                    [Title] => BSP eases rules on dividend declaration
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has further eased the regulations on dividend declaration of banks and quasi-banks on shares of stock and similar capital instruments.

[DatePublished] => 2015-10-05 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151006/BSP-3.jpg ) [1] => Array ( [ArticleID] => 1257133 [Title] => PAL parent firm’s losses balloon to P2.2B as of Sept [Summary] =>

Losses of listed PAL Holdings Inc. – parent firm of national flag carrier Philippine Airlines Inc. (PAL) – ballooned in the first half of its fiscal year 2013 ending September due to lower passenger revenues.

[DatePublished] => 2013-11-16 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 857168 [Title] => PAS 19 seminar set [Summary] =>

Professional services firm SGV & Co. will conduct a half-day seminar on Philippine Accounting Standards (PAS) 19, Employee Benefits, on Oct. 19 at the Washington SyCip Development Center in SGV Building I, Ayala Ave., Makati City.

[DatePublished] => 2012-10-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 839932 [Title] => MacroAsia suffers sharp profit drop [Summary] =>

Lucio Tan-led aviation services firm MacroAsia Corp. reported a sharp fall in net income for the first half of the year to P17.47 million from P126.59 million in the same period in 2011 as a spike in costs ate into profit.

[DatePublished] => 2012-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 835775 [Title] => Accounting firm slates seminar for taxpayers [Summary] =>

Feeling the need for taxpayers to be well-informed on tax rules and risks, the accounting firm of Reyes Tacandong & Co. (RT&Co) will conduct a seminar dubbed as “Winning Solutions for Varied Complications”.

[DatePublished] => 2012-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1342554 [AuthorName] => Grace Melanie L. Lacamiento [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [5] => Array ( [ArticleID] => 740371 [Title] => COA notes violations in CPA operations [Summary] =>

The lack of efficient fiscal management apparently hounds the Cebu Port Authority (CPA), which, state auditors noted, could result in potential losses amounting to millions of pesos. The Commission on Audit (COA) uncovered several lapses in the way CPA manages its funds.

[DatePublished] => 2011-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1333920 [AuthorName] => Garry B. Lao [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [6] => Array ( [ArticleID] => 737086 [Title] => BSP relaxes tainting rule [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has eased its “tainting rule” to encourage banks and financial institutions to participate in the liability management initiatives of the government.

[DatePublished] => 2011-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 716096 [Title] => Banks vow more loan transparency [Summary] =>

Banks operating in the Philippines vowed to cooperate with the Bangko Sentral ng Pilipinas (BSP) by complying with the tigther rules on loan transparency to ensure the protection of consumers and promote healthy competition among credit providers.

[DatePublished] => 2011-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 713671 [Title] => BSP to rural banks: Take lead in loan transparency [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has urged rural banks to take the lead in complying with the tighter rules on loan transparency to ensure the protection of consumers and promote healthy competition among credit providers.

[DatePublished] => 2011-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 577500 [Title] => MacroAsia reports slight drop in profit [Summary] =>

Listed in-flight service provider MacroAsia Corp. reported a slight drop in consolidated net income during the first quarter of the year to P119.57 million on higher operating expenses and foreign exchange losses.

[DatePublished] => 2010-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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