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                    [ArticleID] => 290418
                    [Title] => Int’l research firms see 5% GDP growth for RP this yr
                    [Summary] => Economic growth prospects of the Philippines will not be diminished by the continuing political turmoil confronted by the Arroyo administration,  investment research firms said.


"The Philippines remains on track for our gross domestic product (GDP) growth  forecast of around five percent, despite its current political problems," US-based Bear Stearns Co. Inc. said in its latest report on Asia and Pacific Rim countries.


                    [DatePublished] => 2005-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 100493
                    [Title] => GSIS says it cancelled Ecobel loan guarantee
                    [Summary] => 

The Government Service Insurance System (GSIS) reiterated yesterday its claim
that a surety bond issued to Ecobel for a $9.3 million loan from Bear Stearns
Co. had actually been cancelled a week before Feb. 19, 1999 when Ecobel
repeatedly drew down on the loan. 

In a statement, GSIS said that it had canceled the surety  bond last Feb.
                    [DatePublished] => 2000-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 100478
                    [Title] => Ecobel issue won't affect RP credit rating, says Pardo
                    [Summary] => 

Finance Secretary Jose Pardo dismissed suggestions yesterday that the
government's refusal to honor an alleged guarantee on a bond issued by the
Government Service Insurance System (GSIS) in 1998 will affect new government
bonds issued overseas.

"I am sure the market will not take it as the Philippine government not living
up to its commitment," Pardo said.

Reports over the weekend said AON Financial Products Inc.
                    [DatePublished] => 2000-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

BEAR STEARNS CO

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    [results] => Array
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                    [ArticleID] => 290418
                    [Title] => Int’l research firms see 5% GDP growth for RP this yr
                    [Summary] => Economic growth prospects of the Philippines will not be diminished by the continuing political turmoil confronted by the Arroyo administration,  investment research firms said.


"The Philippines remains on track for our gross domestic product (GDP) growth  forecast of around five percent, despite its current political problems," US-based Bear Stearns Co. Inc. said in its latest report on Asia and Pacific Rim countries.


                    [DatePublished] => 2005-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 100493
                    [Title] => GSIS says it cancelled Ecobel loan guarantee
                    [Summary] => 

The Government Service Insurance System (GSIS) reiterated yesterday its claim
that a surety bond issued to Ecobel for a $9.3 million loan from Bear Stearns
Co. had actually been cancelled a week before Feb. 19, 1999 when Ecobel
repeatedly drew down on the loan. 

In a statement, GSIS said that it had canceled the surety  bond last Feb.
                    [DatePublished] => 2000-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 100478
                    [Title] => Ecobel issue won't affect RP credit rating, says Pardo
                    [Summary] => 

Finance Secretary Jose Pardo dismissed suggestions yesterday that the
government's refusal to honor an alleged guarantee on a bond issued by the
Government Service Insurance System (GSIS) in 1998 will affect new government
bonds issued overseas.

"I am sure the market will not take it as the Philippine government not living
up to its commitment," Pardo said.

Reports over the weekend said AON Financial Products Inc.
                    [DatePublished] => 2000-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Int’l research firms see 5% GDP growth for RP this yr

By Donnabelle L. Gatdula | August 8, 2005 - 12:00am

Economic growth prospects of the Philippines will not be diminished by the continuing political turmoil confronted by the Arroyo administration,  investment research firms said. "The Philippines remains...

Business

GSIS says it cancelled Ecobel loan guarantee

By Marianne V. Go | April 12, 2000 - 12:00am

The Government Service Insurance System (GSIS) reiterated yesterday its claim that a surety bond issued to Ecobel for a $9.3 million loan from Bear Stearns Co. had actually been cancelled a week before Feb. 19,...

Business

Ecobel issue won't affect RP credit rating, says Pardo

By Marianne V. Go | April 11, 2000 - 12:00am

Finance Secretary Jose Pardo dismissed suggestions yesterday that the government's refusal to honor an alleged guarantee on a bond issued by the Government Service Insurance System (GSIS) in 1998 will affect...

Business