^
+ Follow SOCIOECONOMIC PLANNING SECRETARY ROMULO NERI Tag
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                    [ArticleID] => 4086
                    [Title] => Outsourcing comes to the rescue of property market
                    [Summary] => 
            
                    [DatePublished] => 2007-06-03 15:32:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 393402
                    [Title] => GMA cracks whip on revenue agencies
                    [Summary] => President Arroyo is cracking the whip on the government’s revenue agencies with low collections in the first two months of the year.


Mrs. Arroyo noted the low collections of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) as compared to the same period last year.

Although she admitted the low collections might have been due to the temporary downside of the strong peso, the President said this factor is no excuse for low revenue collections for this year.
[DatePublished] => 2007-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 381470 [Title] => Bank lending to grow 10-15% this year — Neri [Summary] => Monetary authorities expect bank lending to grow between 10- to-15 percent this year after contracting in the past few years, Socioeconomic Planning Secretary Romulo Neri said. Neri, a member of the Monetary Board (MB), the central bank’s policy making arm, said the implementation of the tiering system and record-low interest rates on government securities will force banks to lend out their money instead of investing in Treasury Bills (T-bills) or depositing funds at the Bangko Sentral ng Pilipinas (BSP).
[DatePublished] => 2007-01-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 372429 [Title] => Economy expands at a ‘disappointing’ 4.8% in Q3 [Summary] => The domestic economy failed to live up to expectations in the third quarter, with gross domestic product (GDP) showing a 4.8-percent growth, less than the 5.2 percent to 5.8 percent projected by the government.

Economic officials said an industrial slowdown dragged economic growth to a lower-than-expected rate in the three months to September, threatening the government’s full-year target.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 367278 [Title] => RP infra revamp draws closer after Moody’s upgrade [Summary] => A ratings boost last week is expected to drive forward the Philippine government’s attempt to put together billions of dollars in funds to rebuild the country’s decaying infrastructure, officials said.

Moody’s Investors Service upgraded its outlook on the country’s key ratings to "stable" from "negative," raising hopes that its credit rating would be raised and reduce its borrowing costs.
[DatePublished] => 2006-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 366128 [Title] => NEDA denies ID system for spying [Summary] => The National Economic and Development Authority (NEDA) defended the government’s plan to implement a unified identification card system to improve government services and not to spy on citizens.

Socioeconomic Planning Secretary Romulo Neri said the government intends to streamline services and improve efficiency by unifying all existing government-issued ID cards into a unified ID that can be used for all transactions in state offices.
[DatePublished] => 2006-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 363919 [Title] => NEDA sees Q3 growth at more than 5.5% [Summary] => Philippine economic growth may have accelerated last quarter due to rising exports and government spending, Socioeconomic Planning Secretary Romulo Neri said yesterday.

"I’m hoping it could be 5.6 percent or more,’’ Neri told reporters at the sidelines of the Philippine Business Conference, when asked about the outlook for third-quarter growth. "Exports were strong and the government is starting to spend."

The domestic economy, as measured by the gross domestic product (GDP), expanded 5.5 percent in the second quarter from a year ago. [DatePublished] => 2006-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 359983 [Title] => Imports up 16.5% to $4.46B in July on higher oil prices [Summary] => The country’s imports rose 16.5 percent to $4.46 billion in July, reflecting higher crude oil prices, the National Statistics Office (NSO) reported yesterday.

The trade deficit widened to $508 million compared with a deficit of $330 million in July last year.

NSO earlier reported that exports in July had grown 12.9 percent to $3.96 billion.

Electronics imports, which accounted for 43.6 percent of the total import bill in July, rose 3.1 percent year-on-year to $1.95 billion. The bulk of these imports are parts for the Philippines own electronics exports. [DatePublished] => 2006-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 338654 [Title] => GMA wants local execs to lead jatropha tree-planting [Summary] => President Arroyo asked local officials yesterday to spearhead the planting of fuel-generating jatropha trees on idle lands to accelerate the government’s efforts to reduce the country’s dependence on imported crude oil.
[DatePublished] => 2006-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 264062 [Title] => Government sees GDP growth of 6.1% [Summary] => The economy is likely to grow by 5.9 to 6.1 percent this year, higher than government’s earlier forecast for a rise of 4.9 to 5.8 percent, Socioeconomic Planning Secretary Romulo Neri said yesterday.

The gross domestic product (GDP) growth will mainly be driven by the a resurgent services sector, which he said is likely to grow by 6.6 to 6.8 percent.

Neri added that the bullish forecast for the whole year could also be attributed to the better-than-expected 6.3 percent economic expansion in the first half.
[DatePublished] => 2004-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SOCIOECONOMIC PLANNING SECRETARY ROMULO NERI
Array
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            [0] => Array
                (
                    [ArticleID] => 4086
                    [Title] => Outsourcing comes to the rescue of property market
                    [Summary] => 
            
                    [DatePublished] => 2007-06-03 15:32:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 393402
                    [Title] => GMA cracks whip on revenue agencies
                    [Summary] => President Arroyo is cracking the whip on the government’s revenue agencies with low collections in the first two months of the year.


Mrs. Arroyo noted the low collections of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) as compared to the same period last year.

Although she admitted the low collections might have been due to the temporary downside of the strong peso, the President said this factor is no excuse for low revenue collections for this year.
[DatePublished] => 2007-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 381470 [Title] => Bank lending to grow 10-15% this year — Neri [Summary] => Monetary authorities expect bank lending to grow between 10- to-15 percent this year after contracting in the past few years, Socioeconomic Planning Secretary Romulo Neri said. Neri, a member of the Monetary Board (MB), the central bank’s policy making arm, said the implementation of the tiering system and record-low interest rates on government securities will force banks to lend out their money instead of investing in Treasury Bills (T-bills) or depositing funds at the Bangko Sentral ng Pilipinas (BSP).
[DatePublished] => 2007-01-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 372429 [Title] => Economy expands at a ‘disappointing’ 4.8% in Q3 [Summary] => The domestic economy failed to live up to expectations in the third quarter, with gross domestic product (GDP) showing a 4.8-percent growth, less than the 5.2 percent to 5.8 percent projected by the government.

Economic officials said an industrial slowdown dragged economic growth to a lower-than-expected rate in the three months to September, threatening the government’s full-year target.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 367278 [Title] => RP infra revamp draws closer after Moody’s upgrade [Summary] => A ratings boost last week is expected to drive forward the Philippine government’s attempt to put together billions of dollars in funds to rebuild the country’s decaying infrastructure, officials said.

Moody’s Investors Service upgraded its outlook on the country’s key ratings to "stable" from "negative," raising hopes that its credit rating would be raised and reduce its borrowing costs.
[DatePublished] => 2006-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 366128 [Title] => NEDA denies ID system for spying [Summary] => The National Economic and Development Authority (NEDA) defended the government’s plan to implement a unified identification card system to improve government services and not to spy on citizens.

Socioeconomic Planning Secretary Romulo Neri said the government intends to streamline services and improve efficiency by unifying all existing government-issued ID cards into a unified ID that can be used for all transactions in state offices.
[DatePublished] => 2006-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 363919 [Title] => NEDA sees Q3 growth at more than 5.5% [Summary] => Philippine economic growth may have accelerated last quarter due to rising exports and government spending, Socioeconomic Planning Secretary Romulo Neri said yesterday.

"I’m hoping it could be 5.6 percent or more,’’ Neri told reporters at the sidelines of the Philippine Business Conference, when asked about the outlook for third-quarter growth. "Exports were strong and the government is starting to spend."

The domestic economy, as measured by the gross domestic product (GDP), expanded 5.5 percent in the second quarter from a year ago. [DatePublished] => 2006-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 359983 [Title] => Imports up 16.5% to $4.46B in July on higher oil prices [Summary] => The country’s imports rose 16.5 percent to $4.46 billion in July, reflecting higher crude oil prices, the National Statistics Office (NSO) reported yesterday.

The trade deficit widened to $508 million compared with a deficit of $330 million in July last year.

NSO earlier reported that exports in July had grown 12.9 percent to $3.96 billion.

Electronics imports, which accounted for 43.6 percent of the total import bill in July, rose 3.1 percent year-on-year to $1.95 billion. The bulk of these imports are parts for the Philippines own electronics exports. [DatePublished] => 2006-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 338654 [Title] => GMA wants local execs to lead jatropha tree-planting [Summary] => President Arroyo asked local officials yesterday to spearhead the planting of fuel-generating jatropha trees on idle lands to accelerate the government’s efforts to reduce the country’s dependence on imported crude oil.
[DatePublished] => 2006-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [9] => Array ( [ArticleID] => 264062 [Title] => Government sees GDP growth of 6.1% [Summary] => The economy is likely to grow by 5.9 to 6.1 percent this year, higher than government’s earlier forecast for a rise of 4.9 to 5.8 percent, Socioeconomic Planning Secretary Romulo Neri said yesterday.

The gross domestic product (GDP) growth will mainly be driven by the a resurgent services sector, which he said is likely to grow by 6.6 to 6.8 percent.

Neri added that the bullish forecast for the whole year could also be attributed to the better-than-expected 6.3 percent economic expansion in the first half.
[DatePublished] => 2004-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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