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+ Follow REGIONAL ECONOMIC MONITORING UNIT Tag
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[ArticleID] => 259362
[Title] => East Asias economic expansion to peak this year, says ADB
[Summary] => East Asias cycle of economic growth which began in the latter half of 2003 is expected to peak this year, an Asian Development Bank (ADB) report said yesterday.
Resurgent industrialized economies like Japan and the United States, strong regional trade and continued domestic demand in the region should push growth in East Asia to 7.3 percent this year, according to the Asia Economic Monitor (AEM) released by the Manila-based bank.
The figure is above the 6.6 percent forecast in December 2003.
[DatePublished] => 2004-07-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 218863
[Title] => No contagion effect seen in SEA from peso fall
[Summary] => Southeast Asia need not fear a 1997-type contagion triggered by the rapid slide of the Philippine peso as the region is protected by strong economic fundamentals and more discerning investors, analysts say.
Political concerns have dragged the peso by as much as six percent from its high in May and the embattled unit is within striking distance of its historic low of 55.75 to the US dollar posted nearly two and a half years ago.
[DatePublished] => 2003-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1637387
[AuthorName] => P. Parameswaran
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
(
[ArticleID] => 167770
[Title] => Asia growth stronger despite US woes ADB
[Summary] => East Asian economies will grow more strongly this year than was earlier forecast despite worries over the strength of the recovery in the US, the Asian Development Bank (ADB) said yesterday.
The Manila-based multilateral institution said in a quarterly report that a surge in exports should help gross domestic product of the Association of South East Asian Nations (ASEAN), China and South Korea grow an average of 5.8 percent in 2002.
This compared to a forecast of 5.2 percent made in April.
[DatePublished] => 2002-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
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REGIONAL ECONOMIC MONITORING UNIT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 259362
[Title] => East Asias economic expansion to peak this year, says ADB
[Summary] => East Asias cycle of economic growth which began in the latter half of 2003 is expected to peak this year, an Asian Development Bank (ADB) report said yesterday.
Resurgent industrialized economies like Japan and the United States, strong regional trade and continued domestic demand in the region should push growth in East Asia to 7.3 percent this year, according to the Asia Economic Monitor (AEM) released by the Manila-based bank.
The figure is above the 6.6 percent forecast in December 2003.
[DatePublished] => 2004-07-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 218863
[Title] => No contagion effect seen in SEA from peso fall
[Summary] => Southeast Asia need not fear a 1997-type contagion triggered by the rapid slide of the Philippine peso as the region is protected by strong economic fundamentals and more discerning investors, analysts say.
Political concerns have dragged the peso by as much as six percent from its high in May and the embattled unit is within striking distance of its historic low of 55.75 to the US dollar posted nearly two and a half years ago.
[DatePublished] => 2003-08-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1637387
[AuthorName] => P. Parameswaran
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 167770
[Title] => Asia growth stronger despite US woes ADB
[Summary] => East Asian economies will grow more strongly this year than was earlier forecast despite worries over the strength of the recovery in the US, the Asian Development Bank (ADB) said yesterday.
The Manila-based multilateral institution said in a quarterly report that a surge in exports should help gross domestic product of the Association of South East Asian Nations (ASEAN), China and South Korea grow an average of 5.8 percent in 2002.
This compared to a forecast of 5.2 percent made in April.
[DatePublished] => 2002-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
July 30, 2004 - 12:00am
By P. Parameswaran | August 28, 2003 - 12:00am
July 10, 2002 - 12:00am
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The Land Transportation Franchising and Regulatory Board has ordered a public utility jeepney operator to explain an incident where its PUJ driver drove in counterflow along Baesa Road in Quezon City.
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When torrential rain falls over Quezon City, its leaders face an extraordinary balancing act. Safeguarding over three million residents while keeping schools open, businesses functioning and urban mobility thriving is a monumental challenge.
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MANILA, Philippines — A Quezon City court has convicted seven people for kidnapping a 78-year-old Filipino-Chinese woman whose family paid P8.1 million in ransom for her release in 2025, the Department of Justice said yesterday.
According to the DOJ, the Quezon City Regional Trial Court Branch 225 found the accused guilty of kidnapping for ransom. They were sentenced to life in prison, without eligibility for parole.
In a June 30 decision, the court ordered each accused to pay the complainant civil, moral and exemplary damages.
The kidnappers had demanded P500 million for the victim’s release, but it was reduced to P8.1 million after negotiations.
Despite payment of ransom on Sept. 7, 2025, the kidnappers held the victim captive until she was rescued by the police Anti-Kidnapping Group four days later.
Four others were acquitted by the court after “their guilt was not established beyond reasonable doubt.”
Court records showed that the woman was kidnapped at the corner of Biak na Bato and N.S. Amoranto streets in Quezon City on Sept. 2, 2025.
She was brought to Bacoor City in Cavite and in Batangas.
The DOJ did not disclose the names of the accused. No reason was given for not identifying the convicted kidnappers.
3 days ago
3 suspects in student’s killing charged Criminal cases were filed on Wednesday against three suspects in the killing of a 16-year-old Grade 11 student in Quezon City.
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Following concerns over the suspension of classes in recent weeks, Quezon City Mayor Joy Belmonte has apologized and vowed to “do better” to ensure the welfare and safety of students.
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