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    [results] => Array
        (
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                (
                    [ArticleID] => 548084
                    [Title] => RCBC net income soars 54% to P3.3 billion
                    [Summary] => 

Yuchengco-ownd Rizal Commercial Banking Corp. (RCBC) recorded an unaudited net income of P3.31 billion last year, 54 percent higher than the P2.15-billion earnings in 2008, the bank said in a statement yesterday.

[DatePublished] => 2010-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 524218 [Title] => BDO Leasing income drops to P185.5 million in 9 months [Summary] =>

BDO Leasing and Finance Inc. said its net income fell by 32 percent to P185.5 million in nine months this year, from P276 million in 2008, as total expenses expanded mainly due to depreciation of its assets.

[DatePublished] => 2009-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 514760 [Title] => China's lone credit card issuer breaks into RP mart [Summary] =>

China UnionPay (CUP), the world’s fifth largest credit card company, is breaking into the Philippine market as it launches its local operations in partnership with Bankard Inc.

[DatePublished] => 2009-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 495127 [Title] => G-Xchange eyes online shoppers for GCash platform [Summary] =>

G-Xchange Inc., a wholly-owned subsidiary of Globe Telecom, said it hopes to expand its subscriber base by introducing online shopping through its GCash platform for shoppers and sellers.

[DatePublished] => 2009-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 492752 [Title] => LGUs lack financing to pursue development programs - World Bank [Summary] =>

Majority of the local government units (LGUs) suffer from limited financial resources to pursue development programs and projects, the World Bank (WB) said on its latest portfolio review for the Philippines.

[DatePublished] => 2009-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 401720 [Title] => DOE seeks P1-B budget for '09 [Summary] =>

The Energy Department is seeking a P1-billion budget for 2009, slightly surpassing its 2008 allocation of P997.1 million.

[DatePublished] => 2008-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 334561 [Title] => Rural banks open own academy [Summary] => The rural bankers will be establishing an academy for community (rural) banking and microfinance (ACB 7 M) in the second semester of 2006.

It will replace the Rural Bankers Research and Development Foundation Inc. (RBRDFI), and it will be erected beside the head office of the Rural Bankers Association of the Philippines (RBAP) in Intramuros.
[DatePublished] => 2006-05-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 219501 [Title] => Chinatrust income up [Summary] => Chinatrust (Philippines) Commercial Bank Corp. reported an eight percent growth in net earnings, or from P310.8 million from January to June 2002 to P334 million in the same period this year.

Bank officials said that higher interest earnings on loans, stronger trading gains, improved fee-based income, prudent spending and lower loan loss provisions accounted for the better-than-expected performance in the first semester.
[DatePublished] => 2003-09-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 168457 [Title] => IC takes up cudgels for insurers [Summary] => The Insurance Commission (IC) is seeking an extension to the July 1 deadline for the P50-million new capitalization requirement for the insurance industry. The Department of Finance (DOF) imposed the new capital requirement at the start of the year.

According to the commission, there were at least 15 insurers unable to meet the deadline but are "half-way there."
[DatePublished] => 2002-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
TED P
Array
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        (
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                (
                    [ArticleID] => 548084
                    [Title] => RCBC net income soars 54% to P3.3 billion
                    [Summary] => 

Yuchengco-ownd Rizal Commercial Banking Corp. (RCBC) recorded an unaudited net income of P3.31 billion last year, 54 percent higher than the P2.15-billion earnings in 2008, the bank said in a statement yesterday.

[DatePublished] => 2010-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 524218 [Title] => BDO Leasing income drops to P185.5 million in 9 months [Summary] =>

BDO Leasing and Finance Inc. said its net income fell by 32 percent to P185.5 million in nine months this year, from P276 million in 2008, as total expenses expanded mainly due to depreciation of its assets.

[DatePublished] => 2009-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 514760 [Title] => China's lone credit card issuer breaks into RP mart [Summary] =>

China UnionPay (CUP), the world’s fifth largest credit card company, is breaking into the Philippine market as it launches its local operations in partnership with Bankard Inc.

[DatePublished] => 2009-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 495127 [Title] => G-Xchange eyes online shoppers for GCash platform [Summary] =>

G-Xchange Inc., a wholly-owned subsidiary of Globe Telecom, said it hopes to expand its subscriber base by introducing online shopping through its GCash platform for shoppers and sellers.

[DatePublished] => 2009-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 492752 [Title] => LGUs lack financing to pursue development programs - World Bank [Summary] =>

Majority of the local government units (LGUs) suffer from limited financial resources to pursue development programs and projects, the World Bank (WB) said on its latest portfolio review for the Philippines.

[DatePublished] => 2009-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 401720 [Title] => DOE seeks P1-B budget for '09 [Summary] =>

The Energy Department is seeking a P1-billion budget for 2009, slightly surpassing its 2008 allocation of P997.1 million.

[DatePublished] => 2008-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 334561 [Title] => Rural banks open own academy [Summary] => The rural bankers will be establishing an academy for community (rural) banking and microfinance (ACB 7 M) in the second semester of 2006.

It will replace the Rural Bankers Research and Development Foundation Inc. (RBRDFI), and it will be erected beside the head office of the Rural Bankers Association of the Philippines (RBAP) in Intramuros.
[DatePublished] => 2006-05-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 219501 [Title] => Chinatrust income up [Summary] => Chinatrust (Philippines) Commercial Bank Corp. reported an eight percent growth in net earnings, or from P310.8 million from January to June 2002 to P334 million in the same period this year.

Bank officials said that higher interest earnings on loans, stronger trading gains, improved fee-based income, prudent spending and lower loan loss provisions accounted for the better-than-expected performance in the first semester.
[DatePublished] => 2003-09-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 168457 [Title] => IC takes up cudgels for insurers [Summary] => The Insurance Commission (IC) is seeking an extension to the July 1 deadline for the P50-million new capitalization requirement for the insurance industry. The Department of Finance (DOF) imposed the new capital requirement at the start of the year.

According to the commission, there were at least 15 insurers unable to meet the deadline but are "half-way there."
[DatePublished] => 2002-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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