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                    [ArticleID] => 362176
                    [Title] => Global investment banks bullish on RP
                    [Summary] => 

International investment firms Lehman Brothers and Merrill Lynch expect significant improvements in the Philippines’ macroeconomic fundamentals as a result of the fiscal reforms implemented.


Lehman Brothers, in its Global Weekly Economic Monitor released Oct. 6, credited the Philippines for effecting fiscal reforms and yielding the desired results faster than expected. It further noted that the "reforms have reached a critical point where virtuous spirals are developing, lifting investor confidence, which in turn helps improve the fundamentals."


                    [DatePublished] => 2006-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 354655
                    [Title] => Trade deficit falls to $1.834B
                    [Summary] => Improved economic conditions have contributed to a significant fall in the  country’s  trade deficit to $1.834 billion in the first six months of the year from  $3.194 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.


Analysts said a narrowing trade gap will help the government end a decade of budget deficits by freeing cash to pay off debt and spend on public works, such as roads and  ports needed to attract investors.


                    [DatePublished] => 2006-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 352952
                    [Title] => Economy shows resilience, says BSP official
                    [Summary] => 



The economy is showing its resiliency, performing well in the first semester despite record high oil prices and rising US interest rates, the Investors‚ Relations Office (IRO) of the  Bangko Sentral ng Pilipinas said yesterday.


                    [DatePublished] => 2006-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 327344
                    [Title] => RP economic team to conduct no-deal roadshow in US, Europe
                    [Summary] => The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. 


The economic team, led by Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Finance Secretary Margarito Teves and Trade Secretary Peter Favila, is scheduled to meet with European and US investors in separate briefing conferences in London and New York. 


                    [DatePublished] => 2006-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
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                    [ArticleID] => 311485
                    [Title] => Moody’s likely to raise RP credit rating — BSP official
                    [Summary] => The Philippines could likely get a credit rating upgrade given the implementation of the expanded value added tax (VAT) law, rising remittances from overseas Filipino workers (OFWs), and the improving fiscal and macroeconomic performance.


Rene Pizarro, executive director at the Bangko Sentral ng Pilipinas’ Investor Relations Office, said Moody’s Investors Service has expressed satisfaction over how the Philippines is doing in terms of solving its fiscal deficit but said the sustainability in implementing the tax reform measure will be closely monitored. 


                    [DatePublished] => 2005-12-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

RENE PIZARRO

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                    [ArticleID] => 362176
                    [Title] => Global investment banks bullish on RP
                    [Summary] => 

International investment firms Lehman Brothers and Merrill Lynch expect significant improvements in the Philippines’ macroeconomic fundamentals as a result of the fiscal reforms implemented.


Lehman Brothers, in its Global Weekly Economic Monitor released Oct. 6, credited the Philippines for effecting fiscal reforms and yielding the desired results faster than expected. It further noted that the "reforms have reached a critical point where virtuous spirals are developing, lifting investor confidence, which in turn helps improve the fundamentals."


                    [DatePublished] => 2006-10-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 354655
                    [Title] => Trade deficit falls to $1.834B
                    [Summary] => Improved economic conditions have contributed to a significant fall in the  country’s  trade deficit to $1.834 billion in the first six months of the year from  $3.194 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.


Analysts said a narrowing trade gap will help the government end a decade of budget deficits by freeing cash to pay off debt and spend on public works, such as roads and  ports needed to attract investors.


                    [DatePublished] => 2006-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 352952
                    [Title] => Economy shows resilience, says BSP official
                    [Summary] => 



The economy is showing its resiliency, performing well in the first semester despite record high oil prices and rising US interest rates, the Investors‚ Relations Office (IRO) of the  Bangko Sentral ng Pilipinas said yesterday.


                    [DatePublished] => 2006-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 327344
                    [Title] => RP economic team to conduct no-deal roadshow in US, Europe
                    [Summary] => The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. 


The economic team, led by Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Finance Secretary Margarito Teves and Trade Secretary Peter Favila, is scheduled to meet with European and US investors in separate briefing conferences in London and New York. 


                    [DatePublished] => 2006-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 311485
                    [Title] => Moody’s likely to raise RP credit rating — BSP official
                    [Summary] => The Philippines could likely get a credit rating upgrade given the implementation of the expanded value added tax (VAT) law, rising remittances from overseas Filipino workers (OFWs), and the improving fiscal and macroeconomic performance.


Rene Pizarro, executive director at the Bangko Sentral ng Pilipinas’ Investor Relations Office, said Moody’s Investors Service has expressed satisfaction over how the Philippines is doing in terms of solving its fiscal deficit but said the sustainability in implementing the tax reform measure will be closely monitored. 


                    [DatePublished] => 2005-12-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Global investment banks bullish on RP

October 10, 2006 - 12:00am

International investment firms Lehman Brothers and Merrill Lynch expect significant improvements in the Philippines’ macroeconomic fundamentals as a result of the fiscal reforms implemented. Lehman Brothers,...

Business

Trade deficit falls to $1.834B

August 26, 2006 - 12:00am

Improved economic conditions have contributed to a significant fall in the country’s trade deficit to $1.834 billion in the first six months of the year from $3.194 billion in the same period last year, the...

Business

Economy shows resilience, says BSP official

By Rocel Felix | August 15, 2006 - 12:00am

The economy is showing its resiliency, performing well in the first semester despite record high oil prices and rising US interest rates, the Investors‚ Relations Office (IRO) of the Bangko Sentral...

Business

RP economic team to conduct no-deal roadshow in US, Europe

By Des Ferriols | March 21, 2006 - 12:00am

The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. The economic team,...

Business

Moody’s likely to raise RP credit rating — BSP official

By Zinnia B. Dela Peña | December 10, 2005 - 12:00am

The Philippines could likely get a credit rating upgrade given the implementation of the expanded value added tax (VAT) law, rising remittances from overseas Filipino workers (OFWs), and the improving fiscal and...

Business