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                    [ArticleID] => 355702
                    [Title] => Peso improves to 50.795:$1
                    [Summary] => The peso headed yesterday for its second straight monthly  gain as the economy grew at the fastest pace in a year in the second quarter.


At the Philippine Dealing System (PDS), the peso gained by another 15 centavos to settle at a  new four-year high of 50.795 from Wednesday’s close of 50.945 to the dollar.  Yesterday’s close was the highest since the peso last touched the 50.660 level  on July 25, 2002.


The economy expanded by 5.5 percent in the second quarter, bringing the first half growth to 5.6 percent.  


                    [DatePublished] => 2006-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 261614
                    [Title] => Standard Chartered Bank earnings balloon
                    [Summary] => Foreign bank Standard Chartered Bank of the Philippines (SCBP) is looking at a double-digit growth rate in terms of net earnings for 2004. That means a minimum 10-percent growth rate would result in a profit figure of $17.16 million.


In 2003, it registered profits after tax of $15.6 million after a meager $1.8 million the year before.


However, bank sources said that the oldest foreign bank in the Philippines was actually looking at a 50-percent growth rate for the entire 2004 to almost $47 million.


                    [DatePublished] => 2004-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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STANDARD CHARTERED BANK PLC

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                    [ArticleID] => 355702
                    [Title] => Peso improves to 50.795:$1
                    [Summary] => The peso headed yesterday for its second straight monthly  gain as the economy grew at the fastest pace in a year in the second quarter.


At the Philippine Dealing System (PDS), the peso gained by another 15 centavos to settle at a  new four-year high of 50.795 from Wednesday’s close of 50.945 to the dollar.  Yesterday’s close was the highest since the peso last touched the 50.660 level  on July 25, 2002.


The economy expanded by 5.5 percent in the second quarter, bringing the first half growth to 5.6 percent.  


                    [DatePublished] => 2006-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [1] => Array
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                    [ArticleID] => 261614
                    [Title] => Standard Chartered Bank earnings balloon
                    [Summary] => Foreign bank Standard Chartered Bank of the Philippines (SCBP) is looking at a double-digit growth rate in terms of net earnings for 2004. That means a minimum 10-percent growth rate would result in a profit figure of $17.16 million.


In 2003, it registered profits after tax of $15.6 million after a meager $1.8 million the year before.


However, bank sources said that the oldest foreign bank in the Philippines was actually looking at a 50-percent growth rate for the entire 2004 to almost $47 million.


                    [DatePublished] => 2004-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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abtest

Peso improves to 50.795:$1

By Des Ferriols | September 1, 2006 - 12:00am

The peso headed yesterday for its second straight monthly gain as the economy grew at the fastest pace in a year in the second quarter. At the Philippine Dealing System (PDS), the peso gained by another 15 centavos...

Business

Standard Chartered Bank earnings balloon

August 17, 2004 - 12:00am

Foreign bank Standard Chartered Bank of the Philippines (SCBP) is looking at a double-digit growth rate in terms of net earnings for 2004. That means a minimum 10-percent growth rate would result in a profit figure...

Banking