+ Follow REYNALDO PALMIERI Tag
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 280562
[Title] => GSIS warned against offshore investments
[Summary] => Catanduanes Rep. Joseph Santiago has cautioned the Government Service Insurance System (GSIS) against pursuing its plan to invest overseas up to $200 million (P11 billion) this year, pointing out that the state-run pension fund should wait for more favorable conditions before taking much-needed dollars out of the country.
"This is not exactly the best time for the GSIS, or for any public entity for that matter, to be taking badly needed foreign exchange out of the country," Santiago said.
[DatePublished] => 2005-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 279680
[Title] => GSIS plans to sell P12.7B worth of acquired assets
[Summary] => The Government Service Insurance System (GSIS) is planning to sell about P12.7 billion worth of acquired assets as the state-owned pension fund consolidates its investments ahead of losses arising from delinquent contributions.
GSIS officials said the pension fund was juggling its resources to higher-yielding investments in the face of declining interest rates that could affect its returns over the short term.
[DatePublished] => 2005-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 279255
[Title] => GSIS diversifies investment portfolio with planned $200-M offshore placements
[Summary] => Struggling to relieve its overexposure in the National Government, the Government Service Insurance System (GSIS) has decided to diversify into the international market, initially earmarking at least $200 million for possible offshore investments.
If approved and implemented as planned this year, it would mark GSIS’ maiden venture into offshore investments after years of locking its funds in low-yielding domestic instruments, mostly government securities.
[DatePublished] => 2005-05-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 248804
[Title] => GSIS won’t sell stake in Equitable yet
[Summary] => The Government Service Insurance System (GSIS) will not sell its shares in Equitable PCI Bank, hedging on the expected increase in share value if the Social Security System (SSS) succeeds at selling its holdings.
GSIS president and general manager Winston Garcia told reporters yesterday that should SSS succeed at liquidating its shares, this would augur well for the bank by ushering in a new management.
[DatePublished] => 2004-05-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
REYNALDO PALMIERI
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 280562
[Title] => GSIS warned against offshore investments
[Summary] => Catanduanes Rep. Joseph Santiago has cautioned the Government Service Insurance System (GSIS) against pursuing its plan to invest overseas up to $200 million (P11 billion) this year, pointing out that the state-run pension fund should wait for more favorable conditions before taking much-needed dollars out of the country.
"This is not exactly the best time for the GSIS, or for any public entity for that matter, to be taking badly needed foreign exchange out of the country," Santiago said.
[DatePublished] => 2005-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 279680
[Title] => GSIS plans to sell P12.7B worth of acquired assets
[Summary] => The Government Service Insurance System (GSIS) is planning to sell about P12.7 billion worth of acquired assets as the state-owned pension fund consolidates its investments ahead of losses arising from delinquent contributions.
GSIS officials said the pension fund was juggling its resources to higher-yielding investments in the face of declining interest rates that could affect its returns over the short term.
[DatePublished] => 2005-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 279255
[Title] => GSIS diversifies investment portfolio with planned $200-M offshore placements
[Summary] => Struggling to relieve its overexposure in the National Government, the Government Service Insurance System (GSIS) has decided to diversify into the international market, initially earmarking at least $200 million for possible offshore investments.
If approved and implemented as planned this year, it would mark GSIS’ maiden venture into offshore investments after years of locking its funds in low-yielding domestic instruments, mostly government securities.
[DatePublished] => 2005-05-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 248804
[Title] => GSIS won’t sell stake in Equitable yet
[Summary] => The Government Service Insurance System (GSIS) will not sell its shares in Equitable PCI Bank, hedging on the expected increase in share value if the Social Security System (SSS) succeeds at selling its holdings.
GSIS president and general manager Winston Garcia told reporters yesterday that should SSS succeed at liquidating its shares, this would augur well for the bank by ushering in a new management.
[DatePublished] => 2004-05-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
