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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98404 [Title] => Union Bank sees lower earnings [Summary] => Union Bank of the Philippines (UBP) is likely to post lower earning this year due to weak economic conditions, a bank official said yesterday.
"At the rate we are going right now, we are likely to post about P800 million," UBP corporate planning head Ropi Dangazo said in an interview during the Bank Marketing Association of the Philippines (BMAP) conference.
According to Dangazo, the bank earned about P1 billion as of end-1999 and P402 million in the first six months of the year.
[DatePublished] => 2000-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ROPI DANGAZO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98404 [Title] => Union Bank sees lower earnings [Summary] => Union Bank of the Philippines (UBP) is likely to post lower earning this year due to weak economic conditions, a bank official said yesterday.
"At the rate we are going right now, we are likely to post about P800 million," UBP corporate planning head Ropi Dangazo said in an interview during the Bank Marketing Association of the Philippines (BMAP) conference.
According to Dangazo, the bank earned about P1 billion as of end-1999 and P402 million in the first six months of the year.
[DatePublished] => 2000-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | October 4, 2000 - 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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