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                    [ArticleID] => 278265
                    [Title] => Landbank profit up 22% to P765M in first quarter
                    [Summary] => The Land Bank of the Philippines’ (Landbank) net income   improved by 22 percent to P765 million in the first quarter of the year compared to P625 million posted during the same period in 2004 on the back of increased revenues from loans and investments.


"We are P140 million ahead of our P625-million net income target for the first quarter of the year. At the rate we’re going, we’re optimistic we can hit our full-year net income target of P2.5 billion for 2005," Landbank president and chief executive officer Gary B. Teves said yesterday.


                    [DatePublished] => 2005-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 273723
                    [Title] => House passes tax on luxury items
                    [Summary] => Luxury products and services, including liposuction, planes, yachts, video cameras and even cellular phones, will soon cost more.


The House ways and means committee endorsed yesterday the imposition of a 20-percent excise tax and a 10-percent value-added tax (VAT) on products and services that Filipinos with disposable income buy or partake of.


Tarlac Rep. Jesli Lapus, committee chairman, said the luxury levies would be borne mostly by those with greater spending capacity who should share a bigger part of the tax burden.


                    [DatePublished] => 2005-04-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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SPECIAL PURPOSE ASSET VEHICLE LAW

Array
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    [results] => Array
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                    [ArticleID] => 278265
                    [Title] => Landbank profit up 22% to P765M in first quarter
                    [Summary] => The Land Bank of the Philippines’ (Landbank) net income   improved by 22 percent to P765 million in the first quarter of the year compared to P625 million posted during the same period in 2004 on the back of increased revenues from loans and investments.


"We are P140 million ahead of our P625-million net income target for the first quarter of the year. At the rate we’re going, we’re optimistic we can hit our full-year net income target of P2.5 billion for 2005," Landbank president and chief executive officer Gary B. Teves said yesterday.


                    [DatePublished] => 2005-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 273723
                    [Title] => House passes tax on luxury items
                    [Summary] => Luxury products and services, including liposuction, planes, yachts, video cameras and even cellular phones, will soon cost more.


The House ways and means committee endorsed yesterday the imposition of a 20-percent excise tax and a 10-percent value-added tax (VAT) on products and services that Filipinos with disposable income buy or partake of.


Tarlac Rep. Jesli Lapus, committee chairman, said the luxury levies would be borne mostly by those with greater spending capacity who should share a bigger part of the tax burden.


                    [DatePublished] => 2005-04-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

Landbank profit up 22% to P765M in first quarter

By Rocel Felix | May 19, 2005 - 12:00am

The Land Bank of the Philippines’ (Landbank) net income improved by 22 percent to P765 million in the first quarter of the year compared to P625 million posted during the same period in 2004 on the back of...

Business

House passes tax on luxury items

By Jess Diaz | April 13, 2005 - 12:00am

Luxury products and services, including liposuction, planes, yachts, video cameras and even cellular phones, will soon cost more. The House ways and means committee endorsed yesterday the imposition of a 20-percent...

Headlines