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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 267440 [Title] => BSP plans to invest $100M in phase 2 of Asian Bond Fund [Summary] => The Bangko Sentral ng Pilipinas (BSP) is planning to invest at least $100 million in phase 2 of the Asian Bond Fund (ABF), a facility created by 10 central banks and monetary authorities in the East Asia and Pacific region comprising the Executives Meeting of East Asia Pacific Central Banks (EMEAP).
The BSP announced over the weekend that although the Philippine itself was not qualified for ABF investments, it could benefit by investing in the Fund which would in turn invest the funds in markets that are qualified.
[DatePublished] => 2004-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINE SUB-FUND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 267440 [Title] => BSP plans to invest $100M in phase 2 of Asian Bond Fund [Summary] => The Bangko Sentral ng Pilipinas (BSP) is planning to invest at least $100 million in phase 2 of the Asian Bond Fund (ABF), a facility created by 10 central banks and monetary authorities in the East Asia and Pacific region comprising the Executives Meeting of East Asia Pacific Central Banks (EMEAP).
The BSP announced over the weekend that although the Philippine itself was not qualified for ABF investments, it could benefit by investing in the Fund which would in turn invest the funds in markets that are qualified.
[DatePublished] => 2004-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | December 20, 2004 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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