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                    [Title] => Basel 2 under scrutiny as banks battle financial turmoil
                    [Summary] => 
While a growing number of analysts and regulators are criticizing the usefulness of the Basel 2 approach in today’s crisis, Asian banks that are halfway to achieving Basel 2 compliance could be forgiven for feeling discouraged.
                    [DatePublished] => 2008-12-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 182802
                    [Title] => RP recovery to slow down next year - IMF
                    [Summary] => The International Monetary Fund (IMF) said recovery in the Philippines will slow down next year to a more "modest and subdued" level as the country loses momentum due to the lackluster performance of the US and Japanese economies.


Asia will  be the world’s best performer in 2003 but the IMF said the growth performance will be uneven throughout the region, with some economies growing significantly faster than others. 


                    [DatePublished] => 2002-11-06 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 156117
                    [Title] => GMA opens UPS intra-Asia hub at Clark
                    [Summary] => CLARK FIELD, Pampanga — President Arroyo rang here yesterday a golden bell that signaled the official opening of the $300-million intra-Asia hub of the United Parcel Service (UPS), reported to be the world’s largest express carrier and package delivery company.


                    [DatePublished] => 2002-04-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804849
                    [AuthorName] => Ding Cervantes
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 143717
                    [Title] => UPS starts construction of intra-Asia hub
                    [Summary] => United Parcel Service (UPS), the world’s largest express carrier and package delivery company, recently began construction of its intra-Asia hub in Pampanga at the Clark International Airport.


UPS broke ground at the site, which is part of the Clark Special Economic Zone on Nov. 27. At that time, engineers and construction workers began planning and building the express delivery giant’s state-of-the-art sorting facility at the former Clark United States Air Force Base.


                    [DatePublished] => 2001-12-15 00:00:00
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                    [ArticleID] => 143329
                    [Title] => IMF airs concern over RP’s ability to sustain revenue collection
                    [Summary] => The International Monetary Fund (IMF) is concerned over the country’s ability to sustain its revenue collection as against its ability to contain fiscal spending.


The Philippines is looking at a budget deficit of P145 billion this year and P130 billion next year. The ability to meet its deficit targets will give the Philippines a positive outlook among foreign investors and international lenders.


                    [DatePublished] => 2001-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [URL] => 
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CHARLES ADAMS

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                    [Title] => Basel 2 under scrutiny as banks battle financial turmoil
                    [Summary] => 
While a growing number of analysts and regulators are criticizing the usefulness of the Basel 2 approach in today’s crisis, Asian banks that are halfway to achieving Basel 2 compliance could be forgiven for feeling discouraged.
                    [DatePublished] => 2008-12-30 00:00:00
                    [ColumnID] => 133272
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                    [Title] => RP recovery to slow down next year - IMF
                    [Summary] => The International Monetary Fund (IMF) said recovery in the Philippines will slow down next year to a more "modest and subdued" level as the country loses momentum due to the lackluster performance of the US and Japanese economies.


Asia will  be the world’s best performer in 2003 but the IMF said the growth performance will be uneven throughout the region, with some economies growing significantly faster than others. 


                    [DatePublished] => 2002-11-06 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 156117
                    [Title] => GMA opens UPS intra-Asia hub at Clark
                    [Summary] => CLARK FIELD, Pampanga — President Arroyo rang here yesterday a golden bell that signaled the official opening of the $300-million intra-Asia hub of the United Parcel Service (UPS), reported to be the world’s largest express carrier and package delivery company.


                    [DatePublished] => 2002-04-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804849
                    [AuthorName] => Ding Cervantes
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 143717
                    [Title] => UPS starts construction of intra-Asia hub
                    [Summary] => United Parcel Service (UPS), the world’s largest express carrier and package delivery company, recently began construction of its intra-Asia hub in Pampanga at the Clark International Airport.


UPS broke ground at the site, which is part of the Clark Special Economic Zone on Nov. 27. At that time, engineers and construction workers began planning and building the express delivery giant’s state-of-the-art sorting facility at the former Clark United States Air Force Base.


                    [DatePublished] => 2001-12-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
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                    [ArticleID] => 143329
                    [Title] => IMF airs concern over RP’s ability to sustain revenue collection
                    [Summary] => The International Monetary Fund (IMF) is concerned over the country’s ability to sustain its revenue collection as against its ability to contain fiscal spending.


The Philippines is looking at a budget deficit of P145 billion this year and P130 billion next year. The ability to meet its deficit targets will give the Philippines a positive outlook among foreign investors and international lenders.


                    [DatePublished] => 2001-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

Basel 2 under scrutiny as banks battle financial turmoil

December 30, 2008 - 12:00am

While a growing number of analysts and regulators are criticizing the usefulness of the Basel 2 approach in today’s crisis, Asian banks that are halfway to achieving Basel 2 compliance could be forgiven for...

Banking

RP recovery to slow down next year - IMF

November 6, 2002 - 12:00am

The International Monetary Fund (IMF) said recovery in the Philippines will slow down next year to a more "modest and subdued" level as the country loses momentum due to the lackluster performance of the...

Business

GMA opens UPS intra-Asia hub at Clark

By Ding Cervantes | April 5, 2002 - 12:00am

CLARK FIELD, Pampanga — President Arroyo rang here yesterday a golden bell that signaled the official opening of the $300-million intra-Asia hub of the United Parcel Service (UPS), reported to be the world’s...

Business

UPS starts construction of intra-Asia hub

December 15, 2001 - 12:00am

United Parcel Service (UPS), the world’s largest express carrier and package delivery company, recently began construction of its intra-Asia hub in Pampanga at the Clark International Airport. UPS broke ground...

Business

IMF airs concern over RP’s ability to sustain revenue collection

By Ted P. Torres | December 12, 2001 - 12:00am

The International Monetary Fund (IMF) is concerned over the country’s ability to sustain its revenue collection as against its ability to contain fiscal spending. The Philippines is looking at a budget deficit...

Business