+ Follow SOCIOECONOMIC PLANNING SECRETARY DANTE CANLAS Tag
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[ArticleID] => 69547
[Title] => Deferring balanced budget won’t harm economy – Canlas
[Summary] =>
[DatePublished] => 2008-06-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 185353
[Title] => Canlas urges overhaul of tax system
[Summary] => Socioeconomic Planning Secretary Dante Canlas said over the weekend that the country’s tax system is in need of another overhaul.
"The budget deficit which has reached almost P188 billion for the first 10 months of the year has been due to a shortfall in revenue which can be traced to the incomplete implementation of the Comprehensive Tax Reform Program," Canlas said.
[DatePublished] => 2002-11-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
(
[ArticleID] => 158885
[Title] => Bankers bullish on ability of GMA team to meet growth targets
[Summary] => Bankers expressed optimism that the Arroyo administration is in a position to meet its economic growth targets and possibly even surpass them as consumer spending continues to fuel domestic economic activity despite the global economic slowdown.
The banking sector is still in a rut, but this is largely due to their reluctance to resume lending to the corporate sector, banking industry leaders said.
[DatePublished] => 2002-04-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 151590
[Title] => BSP considers lower inflation target for 2002
[Summary] => The Bangko Sentral ng Pilipinas (BSP) may bring down this year’s inflation target to four to five percent, a notch lower than the original projection of five to six percent, BSP Governor Rafael Buenaventura said yesterday.
Buenaventura said there are several factors that favor a downward revision of the full-year inflation target.
These include stable food prices and supply as well as the lower-than-anticipated prices of oil products in the world market.
[DatePublished] => 2002-02-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 148721
[Title] => Bangko Sentral sees Jan inflation at 3.7% to 4.1%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday this month’s inflation level will be in the range of 3.7 to 4.1 percent from 3.9 percent in December.
"There are no inflationary pressures, prices are stable and the exchange rate is also stable," said BSP Deputy Governor Amando Tetangco Jr.
The forecast range is wider than the 3.7 to 3.9 percent range earlier projected by BSP Governor Rafael Buenaventura and the four percent estimate of Socioeconomic Planning Secretary Dante Canlas.
[DatePublished] => 2002-01-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[5] => Array
(
[ArticleID] => 147811
[Title] => Low inflation may lead to further BSP rate cuts
[Summary] => A downward revision of this year’s inflation target of four to five percent will provide the Bangko Sentral ng Pilipinas (BSP) more room to further chuck off its key interest rates, possibly by 50 to 100 basis points.
"If government will downscale this year’s inflation target, then we will have ample room for future cuts in overnight rates. We could cut by 50 to 100 basis points, we can trim it by 50 basis points if inflation is five percent, and by 100 basis points if it’s four percent," said BSP Governor Rafael Buenaventura.
[DatePublished] => 2002-01-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 134795
[Title] => Chances of hitting 3.3% growth target slim, says Cuisia
[Summary] => With the slowdown in the economy, the chances for the country to achieve its goal of a 3.3-percent growth this year are becoming slim.
"We’ll be lucky to post a 2.8-percent growth (in terms of gross domestic product of GDP) for the year," Jose Cuisia Jr., former central bank governor and current chairman of Philam Life said yesterday.
"The Philippines will be one of the most affected countries by the further slowing down of the US economy as a result of the recent attacks. The US is our main export market along with Japan," Cuisia said.
[DatePublished] => 2001-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 134292
[Title] => Government sees higher Q3 growth
[Summary] => The government is confident of posting stronger third quarter growth despite the further deterioration of exports, Socioeconomic Planning Secretary Dante Canlas said yesterday.
Canlas said there is a strong likelihood government will exceed its projected gross domestic product (GDP) target of 2.6 percent in the third quarter due to higher employment.
"We might have to revisit our third quarter growth projections based on increased employment which is usually associated with good or improved production output and income," Canlas said.
[DatePublished] => 2001-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 133425
[Title] => NEDA sees 3.275% GDP growth this year
[Summary] => The government is projecting gross domestic product (GDP) to grow by 2.7 percent in the third quarter and 3.9 percent in the fourth quarter.
On the other hand, inflation rate for the third quarter is projected to slow down to 6.5 percent and even lower in the fourth quarter at five percent.
Data from the National Economic and Development Authority (NEDA) – also show that GNP or gross national product is projected to grow by 3.4 percent in the third quarter and 4.8 percent in the fourth quarter.
[DatePublished] => 2001-09-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 93724
[Title] => July inflation seen at 6.8%-6.9%
[Summary] => The inflation rate for July is projected to rise to 6.8 to 6.9 percent, from June’s 6.7 percent as prices of fruits and vegetables went up following the damage caused by typhoon ‘Feria’ in northern Luzon.
Socioeconomic Planning Secretary Dante Canlas, however, assured that despite the uptick in July inflation, the government will still be able to keep inflation for the whole year within its target of six to seven percent.
[DatePublished] => 2001-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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)
SOCIOECONOMIC PLANNING SECRETARY DANTE CANLAS
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 69547
[Title] => Deferring balanced budget won’t harm economy – Canlas
[Summary] =>
[DatePublished] => 2008-06-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 185353
[Title] => Canlas urges overhaul of tax system
[Summary] => Socioeconomic Planning Secretary Dante Canlas said over the weekend that the country’s tax system is in need of another overhaul.
"The budget deficit which has reached almost P188 billion for the first 10 months of the year has been due to a shortfall in revenue which can be traced to the incomplete implementation of the Comprehensive Tax Reform Program," Canlas said.
[DatePublished] => 2002-11-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 158885
[Title] => Bankers bullish on ability of GMA team to meet growth targets
[Summary] => Bankers expressed optimism that the Arroyo administration is in a position to meet its economic growth targets and possibly even surpass them as consumer spending continues to fuel domestic economic activity despite the global economic slowdown.
The banking sector is still in a rut, but this is largely due to their reluctance to resume lending to the corporate sector, banking industry leaders said.
[DatePublished] => 2002-04-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 151590
[Title] => BSP considers lower inflation target for 2002
[Summary] => The Bangko Sentral ng Pilipinas (BSP) may bring down this year’s inflation target to four to five percent, a notch lower than the original projection of five to six percent, BSP Governor Rafael Buenaventura said yesterday.
Buenaventura said there are several factors that favor a downward revision of the full-year inflation target.
These include stable food prices and supply as well as the lower-than-anticipated prices of oil products in the world market.
[DatePublished] => 2002-02-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 148721
[Title] => Bangko Sentral sees Jan inflation at 3.7% to 4.1%
[Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday this month’s inflation level will be in the range of 3.7 to 4.1 percent from 3.9 percent in December.
"There are no inflationary pressures, prices are stable and the exchange rate is also stable," said BSP Deputy Governor Amando Tetangco Jr.
The forecast range is wider than the 3.7 to 3.9 percent range earlier projected by BSP Governor Rafael Buenaventura and the four percent estimate of Socioeconomic Planning Secretary Dante Canlas.
[DatePublished] => 2002-01-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 147811
[Title] => Low inflation may lead to further BSP rate cuts
[Summary] => A downward revision of this year’s inflation target of four to five percent will provide the Bangko Sentral ng Pilipinas (BSP) more room to further chuck off its key interest rates, possibly by 50 to 100 basis points.
"If government will downscale this year’s inflation target, then we will have ample room for future cuts in overnight rates. We could cut by 50 to 100 basis points, we can trim it by 50 basis points if inflation is five percent, and by 100 basis points if it’s four percent," said BSP Governor Rafael Buenaventura.
[DatePublished] => 2002-01-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 134795
[Title] => Chances of hitting 3.3% growth target slim, says Cuisia
[Summary] => With the slowdown in the economy, the chances for the country to achieve its goal of a 3.3-percent growth this year are becoming slim.
"We’ll be lucky to post a 2.8-percent growth (in terms of gross domestic product of GDP) for the year," Jose Cuisia Jr., former central bank governor and current chairman of Philam Life said yesterday.
"The Philippines will be one of the most affected countries by the further slowing down of the US economy as a result of the recent attacks. The US is our main export market along with Japan," Cuisia said.
[DatePublished] => 2001-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 134292
[Title] => Government sees higher Q3 growth
[Summary] => The government is confident of posting stronger third quarter growth despite the further deterioration of exports, Socioeconomic Planning Secretary Dante Canlas said yesterday.
Canlas said there is a strong likelihood government will exceed its projected gross domestic product (GDP) target of 2.6 percent in the third quarter due to higher employment.
"We might have to revisit our third quarter growth projections based on increased employment which is usually associated with good or improved production output and income," Canlas said.
[DatePublished] => 2001-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 133425
[Title] => NEDA sees 3.275% GDP growth this year
[Summary] => The government is projecting gross domestic product (GDP) to grow by 2.7 percent in the third quarter and 3.9 percent in the fourth quarter.
On the other hand, inflation rate for the third quarter is projected to slow down to 6.5 percent and even lower in the fourth quarter at five percent.
Data from the National Economic and Development Authority (NEDA) – also show that GNP or gross national product is projected to grow by 3.4 percent in the third quarter and 4.8 percent in the fourth quarter.
[DatePublished] => 2001-09-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 93724
[Title] => July inflation seen at 6.8%-6.9%
[Summary] => The inflation rate for July is projected to rise to 6.8 to 6.9 percent, from June’s 6.7 percent as prices of fruits and vegetables went up following the damage caused by typhoon ‘Feria’ in northern Luzon.
Socioeconomic Planning Secretary Dante Canlas, however, assured that despite the uptick in July inflation, the government will still be able to keep inflation for the whole year within its target of six to seven percent.
[DatePublished] => 2001-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 25, 2002 - 12:00am
January 29, 2002 - 12:00am
