+ Follow TOM CROUCH Tag
TOM CROUCH
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[results] => Array
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[0] => Array
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[ArticleID] => 55974
[Title] => RP must focus on sustainable revenues, not on asset sale – ADB
[Summary] =>
[DatePublished] => 2008-04-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 2097
[Title] => Francine, Polo ug Diana, hayan modaog og award
[Summary] =>
Bisan og puno sa katam-is ang pahiyom ni Diana Zubiri sa presscon sa Seiko Films para sa Silip nga ubos sa direksyon ni Joel Lamangan, klaro kaayo nga nanglawom ang iyang mga mata ug walay kinabuhi.
[DatePublished] => 2007-05-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097633
[AuthorName] => Ryan Mark
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 1945
[Title] => Pacman in no hurry to name next rival
[Summary] =>
[DatePublished] => 2007-05-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804774
[AuthorName] => Abac Cordero
[SectionName] => Nation
[SectionUrl] => nation
[URL] =>
)
[3] => Array
(
[ArticleID] => 384461
[Title] => ADB extends $250-M loan to RP
[Summary] =>
The Asian Development Bank (ADB) has extended a $250 million loan to the Philippines for the implementation of reforms aimed at improving the investment climate, better manage the country’s finances, and help enhance economic growth.
The loan facility carries a 15-year term, including a grace period of three years, with interest determined by the ADB’s Libor-based lending window.
[DatePublished] => 2007-02-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 339340
[Title] => ADB urges RP to increase spending on education, infra
[Summary] => The Asian Development Bank (ADB) said government spending on education and infrastructure should increase, saying that revenue flow should balance the budget instead of budget cuts.
This developed as the ADB said it is reviewing its approach to the Philippines to come up with more relevant development products that would respond better to its shifting requirements.
According to ADB country director Tom Crouch, revenues have to go up precisely to allow an increase in spending while staying within the program to balance the budget by 2008.
[DatePublished] => 2006-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 312137
[Title] => MB clears $150-M loan from ADB
[Summary] => The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved a $150-million loan from the Asian Development Bank (ADB) to fund the country’s microfinance development program.
The BSP said the loan would be disbursed through government financial institutions and other conduit banks for relending to small enterprises.
BSP Governor Amando M. Tetangco Jr. said the loan carries a 15-year maturity period including a five-year grace period.
[DatePublished] => 2005-12-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 222621
[Title] => ADB sticks to 4% growth for RP
[Summary] => The Asian Development Bank (ADB) said yesterday it is sticking to its forecast gross domestic product (GDP) growth of four percent this year and 4.5 percent GDP growth in 2004 for the Philippines as basic fundamentals have not changed and government’s fiscal deficit targets remained on track.
[DatePublished] => 2003-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 184063
[Title] => ADB may axe profit clause in Meralco loan
[Summary] => The Asian Development Bank (ADB) said on Wednesday it may scrap an often-missed profitability covenant attached to a loan to Manila Electric Co. (Meralco), the largest power distribution in the Philippines.
One of the conditions of the $138 million loan extended in 1992 was that Meralco should post a minimum return of eight percent on its asset base each year.
The utility used the money to expand its power distribution network in Luzon, but has failed to meet the profitability clause for four years in a row.
[DatePublished] => 2002-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 155328
[Title] => ADB offers grant to help solve MM waste problem
[Summary] => The Asian Development Bank (ADB) is offering a $1.25-million technical assistance grant to help address the garbage problem in Metro Manila.
The grant, which requires a counterpart fund of $550,000 from the Philippine government, will be administered by the Department of Environment and Natural Resources (DENR) as the executing agency.
"It is vital that the garbage crisis be resolved," Tom Crouch, ADB director for the Philippine Country Office (PhCO) said.
[DatePublished] => 2002-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 154739
[Title] => RP’s ODA availment record poor
[Summary] => The Philippines has retained its unsavory reputation of having one of the poorest official development assistance (ODA) availment records with the Asian Development Bank (ADB).
In terms of project loans, the Philippines registered a dismal 12-percent availment ratio compared to an average 20.5 percent for the region last year. In 2000, the country registered its worst year in terms of ODA disbursements with a dismal eight percent availment record for both project loans and overall lending.
[DatePublished] => 2002-03-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 15, 2002 - 12:00am
