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    [results] => Array
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                    [ArticleID] => 195827
                    [Title] => 186,000 OFWs in Japan 1st to feel heat
                    [Summary] => The crunch begins.


Japan has started making it more difficult for Filipino workers there to send money to their families back home after a global money laundering watchdog blacklisted the Philippines, Senate President Franklin Drilon said yesterday.


Drilon said a Philippine National Bank official had informed him that Japanese postal authorities had rejected a PNB application last month to set up a remittance system for the estimated 186,316 Filipinos living and working in Japan.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 145020
                    [Title] => FATF rejects RP’s money-launder law
                    [Summary] => The recently passed Anti-Money Laundering Law, or Republic Act 9160, has been rejected by the Paris-based Financial Action Task Force (FATF), sources at the House of Representatives said yesterday. The sources said the FATF rejected the law because the limit that would trigger government surveillance was deemed too high and could be used as a loophole for those laundering the proceeds of illegal activities.
                    [DatePublished] => 2001-12-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 139928
                    [Title] => RP sticks to 3.3% GDP target
                    [Summary] => Finance Secretary Jose Isidro Camacho said yesterday the government would maintain its target of 3.3-percent annual gross domestic product (GDP) growth this year despite a lower forecast by the Asian Development Bank (ADB).


Reacting to a report that Camacho opposes the ADB downscaled its growth projections for the country at only 2.7 percent, Camacho said government‘s target of 3.3-percent  GDP growth is still possible.


                    [DatePublished] => 2001-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 135606
                    [Title] => Eco managers go on roadshow to sell RP
                    [Summary] => The government will start next week a series of briefings for multilateral creditors such as the International Monetary Fund (IMF), World Bank (WB) and credit rating agencies, including the US Treasury, to update them of the country’s growth prospects and the new anti-money laundering law.


The country’s economic managers led by  Finance Secretary Jose Isidro Camacho and Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura will travel separately to Washington/New York and Hong Kong/Japan, respectively, to assure these groups 


                    [DatePublished] => 2001-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 131899
                    [Title] => RP seeks to move deadline  for passing laundering
                    [Summary] => Bangko Sentral ng Pilipinas Governor Rafael Buenaventura and Finance Secretary Jose Isidro Camacho expressed confidence yesterday that the Philippine government could convince the Financial Action Task Force (FATF) to move its Sept. 30 deadline to enact a law against money laundering.


                    [DatePublished] => 2001-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

CAMACHO AND BUENAVENTURA

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                    [ArticleID] => 195827
                    [Title] => 186,000 OFWs in Japan 1st to feel heat
                    [Summary] => The crunch begins.


Japan has started making it more difficult for Filipino workers there to send money to their families back home after a global money laundering watchdog blacklisted the Philippines, Senate President Franklin Drilon said yesterday.


Drilon said a Philippine National Bank official had informed him that Japanese postal authorities had rejected a PNB application last month to set up a remittance system for the estimated 186,316 Filipinos living and working in Japan.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
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                    [URL] => 
                )

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                (
                    [ArticleID] => 145020
                    [Title] => FATF rejects RP’s money-launder law
                    [Summary] => The recently passed Anti-Money Laundering Law, or Republic Act 9160, has been rejected by the Paris-based Financial Action Task Force (FATF), sources at the House of Representatives said yesterday. The sources said the FATF rejected the law because the limit that would trigger government surveillance was deemed too high and could be used as a loophole for those laundering the proceeds of illegal activities.
                    [DatePublished] => 2001-12-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 139928
                    [Title] => RP sticks to 3.3% GDP target
                    [Summary] => Finance Secretary Jose Isidro Camacho said yesterday the government would maintain its target of 3.3-percent annual gross domestic product (GDP) growth this year despite a lower forecast by the Asian Development Bank (ADB).


Reacting to a report that Camacho opposes the ADB downscaled its growth projections for the country at only 2.7 percent, Camacho said government‘s target of 3.3-percent  GDP growth is still possible.


                    [DatePublished] => 2001-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 135606
                    [Title] => Eco managers go on roadshow to sell RP
                    [Summary] => The government will start next week a series of briefings for multilateral creditors such as the International Monetary Fund (IMF), World Bank (WB) and credit rating agencies, including the US Treasury, to update them of the country’s growth prospects and the new anti-money laundering law.


The country’s economic managers led by  Finance Secretary Jose Isidro Camacho and Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura will travel separately to Washington/New York and Hong Kong/Japan, respectively, to assure these groups 


                    [DatePublished] => 2001-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 131899
                    [Title] => RP seeks to move deadline  for passing laundering
                    [Summary] => Bangko Sentral ng Pilipinas Governor Rafael Buenaventura and Finance Secretary Jose Isidro Camacho expressed confidence yesterday that the Philippine government could convince the Financial Action Task Force (FATF) to move its Sept. 30 deadline to enact a law against money laundering.


                    [DatePublished] => 2001-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

186,000 OFWs in Japan 1st to feel heat

By Jose Rodel Clapano | February 18, 2003 - 12:00am

The crunch begins. Japan has started making it more difficult for Filipino workers there to send money to their families back home after a global money laundering watchdog blacklisted the Philippines, Senate President...

Headlines

FATF rejects RP’s money-launder law

By Efren Danao | December 27, 2001 - 12:00am

The recently passed Anti-Money Laundering Law, or Republic Act 9160, has been rejected by the Paris-based Financial Action Task Force (FATF), sources at the House of Representatives said yesterday. The sources said...

Headlines

RP sticks to 3.3% GDP target

November 13, 2001 - 12:00am

Finance Secretary Jose Isidro Camacho said yesterday the government would maintain its target of 3.3-percent annual gross domestic product (GDP) growth this year despite a lower forecast by the Asian Development...

Business

Eco managers go on roadshow to sell RP

By Rocel Felix | October 4, 2001 - 12:00am

The government will start next week a series of briefings for multilateral creditors such as the International Monetary Fund (IMF), World Bank (WB) and credit rating agencies, including the US Treasury, to update...

Business

RP seeks to move deadline for passing laundering

By Efren Danao | August 30, 2001 - 12:00am

Bangko Sentral ng Pilipinas Governor Rafael Buenaventura and Finance Secretary Jose Isidro Camacho expressed confidence yesterday that the Philippine government could convince the Financial Action Task Force (FATF)...

Business