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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 381746 [Title] => BSP keeps policy rates steady [Summary] => The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep its benchmark interest rates unchanged, while keeping lower payments for larger deposits to spur lending and boost economic growth.
The BSP maintained its overnight policy rate at 7.5 percent for deposits of up to P5 billion and kept lower payments for higher amounts, BSP Deputy Governor Diwa Guinigundo said yesterday.
The BSP also maintained its overnight lending rate at 9.75 percent.
[DatePublished] => 2007-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 381764 [Title] => Imports up 13.4% to $4.51B in Nov [Summary] => Import growth accelerated to a three-month high in November as manufacturers purchased more raw materials on prospects that exports may rise in 2007.
Overseas purchases rose 13.4 percent to $4.51 billion in November after a 12.5 percent gain in October, the National Statistics Office (NSO) said yesterday.
[DatePublished] => 2007-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 346870 [Title] => Exports sustain double digit growth for 4th month [Summary] => Exports sustained a double-digit growth rate for a fourth straight month in May, rising by 17.3 percent to $3.877 billion from $3.304 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.
"Although exports growth is lower than expected, its still quite an impressive number, said Christy Tan, an economist at Bank of America in Singapore. "It suggests that the recovery in Philippine exports may be sustained."
In April, exports grew by a faster 20.5 percent to hit $3.911 billion.
[DatePublished] => 2006-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 333331 [Title] => RP posts first trade surplus in 14 months in Feb [Summary] => The country posted a trade surplus for the first time in 14 months in February after electronics manufacturers and other exporters shipped more than previously estimated by the government.
The $88 million surplus, the largest in 2 1/2 years, compared with a revised deficit of $354 million in January, the National Statistics Office (NSO) reported yesterday.
Imports rose 4.6 percent from a year earlier to $3.358 billion. Exports climbed 14.8 percent to a revised $3.445 million, beating the governments April 11 estimate of $3.295 billion.
[DatePublished] => 2006-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 333490 [Title] => RP posts first trade surplus in 14 months in Feb [Summary] => The country posted a trade surplus for the first time in 14 months in February after electronics manufacturers and other exporters shipped more than previously estimated by the government.
The $88 million surplus, the largest in 2 1/2 years, compared with a revised deficit of $354 million in January, the National Statistics Office (NSO) reported yesterday.
Imports rose 4.6 percent from a year earlier to $3.358 billion. Exports climbed 14.8 percent to a revised $3.445 million, beating the governments April 11 estimate of $3.295 billion.
[DatePublished] => 2006-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 331458 [Title] => February exports up 9.8% to $3.3B [Summary] => The countrys export earnings in February recovered from the previous months slump as overseas sales of computer parts and other electronic goods picked up, the National Statistics Office (NSO) reported yesterday.
Exports gained 9.8 percent to $3.3 billion in February from $3 billion in the same period last year.
In the first two months of the year, exports rose 4.2 percent to $6.561 billion from $6.294 billion a year earlier.
[DatePublished] => 2006-04-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 320778 [Title] => BSP expected to maintain rates [Summary] => The Bangko Sentral ng Pilipinas (BSP) is expected to keep its key interest rate unchanged for a fourth straight month as a strengthening peso helps control inflation.
The senior economic managers of the Arroyo administration briefed businessmen and market analysts on Wednesday, saying that despite the rise in inflation in January, there is still no compelling reason to take any action to raise interet rates.
[DatePublished] => 2006-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 309465 [Title] => GDP growth slows to 4.1% [Summary] => The Philippine economy slowed sharply in the third quarter due to high oil prices, a sluggish agriculture performance and political turmoil surrounding President Arroyo, economic planning officials reported yesterday.
The outcome of 4.1 percent for the three months to September was well below private sector forecasts for gross domestic product (GDP) growth of 4.3 to five percent and the 6.2 percent registered a year earlier.
[DatePublished] => 2005-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 239641 [Title] => Trade gap widens to $1.7-B in 03 [Summary] => The countrys trade deficit widened to $1.697 billion in 2003, nearly eight times higher than the $218-million deficit in 2002 as imports outgrew exports by a wide margin, the National Statistics Office (NSO) reported yesterday. [DatePublished] => 2004-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 228570 [Title] => Sept imports down 4.5% [Summary] => The government said it recorded a trade surplus of $218 million in September, far higher than the surplus of $2 million in the same month of last year, but imports of vital electronics parts shrank. [DatePublished] => 2003-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096671 [AuthorName] => Dolly Aglay [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CHRISTY TAN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 381746 [Title] => BSP keeps policy rates steady [Summary] => The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep its benchmark interest rates unchanged, while keeping lower payments for larger deposits to spur lending and boost economic growth.
The BSP maintained its overnight policy rate at 7.5 percent for deposits of up to P5 billion and kept lower payments for higher amounts, BSP Deputy Governor Diwa Guinigundo said yesterday.
The BSP also maintained its overnight lending rate at 9.75 percent.
[DatePublished] => 2007-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 381764 [Title] => Imports up 13.4% to $4.51B in Nov [Summary] => Import growth accelerated to a three-month high in November as manufacturers purchased more raw materials on prospects that exports may rise in 2007.
Overseas purchases rose 13.4 percent to $4.51 billion in November after a 12.5 percent gain in October, the National Statistics Office (NSO) said yesterday.
[DatePublished] => 2007-01-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 346870 [Title] => Exports sustain double digit growth for 4th month [Summary] => Exports sustained a double-digit growth rate for a fourth straight month in May, rising by 17.3 percent to $3.877 billion from $3.304 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.
"Although exports growth is lower than expected, its still quite an impressive number, said Christy Tan, an economist at Bank of America in Singapore. "It suggests that the recovery in Philippine exports may be sustained."
In April, exports grew by a faster 20.5 percent to hit $3.911 billion.
[DatePublished] => 2006-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 333331 [Title] => RP posts first trade surplus in 14 months in Feb [Summary] => The country posted a trade surplus for the first time in 14 months in February after electronics manufacturers and other exporters shipped more than previously estimated by the government.
The $88 million surplus, the largest in 2 1/2 years, compared with a revised deficit of $354 million in January, the National Statistics Office (NSO) reported yesterday.
Imports rose 4.6 percent from a year earlier to $3.358 billion. Exports climbed 14.8 percent to a revised $3.445 million, beating the governments April 11 estimate of $3.295 billion.
[DatePublished] => 2006-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 333490 [Title] => RP posts first trade surplus in 14 months in Feb [Summary] => The country posted a trade surplus for the first time in 14 months in February after electronics manufacturers and other exporters shipped more than previously estimated by the government.
The $88 million surplus, the largest in 2 1/2 years, compared with a revised deficit of $354 million in January, the National Statistics Office (NSO) reported yesterday.
Imports rose 4.6 percent from a year earlier to $3.358 billion. Exports climbed 14.8 percent to a revised $3.445 million, beating the governments April 11 estimate of $3.295 billion.
[DatePublished] => 2006-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 331458 [Title] => February exports up 9.8% to $3.3B [Summary] => The countrys export earnings in February recovered from the previous months slump as overseas sales of computer parts and other electronic goods picked up, the National Statistics Office (NSO) reported yesterday.
Exports gained 9.8 percent to $3.3 billion in February from $3 billion in the same period last year.
In the first two months of the year, exports rose 4.2 percent to $6.561 billion from $6.294 billion a year earlier.
[DatePublished] => 2006-04-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 320778 [Title] => BSP expected to maintain rates [Summary] => The Bangko Sentral ng Pilipinas (BSP) is expected to keep its key interest rate unchanged for a fourth straight month as a strengthening peso helps control inflation.
The senior economic managers of the Arroyo administration briefed businessmen and market analysts on Wednesday, saying that despite the rise in inflation in January, there is still no compelling reason to take any action to raise interet rates.
[DatePublished] => 2006-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 309465 [Title] => GDP growth slows to 4.1% [Summary] => The Philippine economy slowed sharply in the third quarter due to high oil prices, a sluggish agriculture performance and political turmoil surrounding President Arroyo, economic planning officials reported yesterday.
The outcome of 4.1 percent for the three months to September was well below private sector forecasts for gross domestic product (GDP) growth of 4.3 to five percent and the 6.2 percent registered a year earlier.
[DatePublished] => 2005-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 239641 [Title] => Trade gap widens to $1.7-B in 03 [Summary] => The countrys trade deficit widened to $1.697 billion in 2003, nearly eight times higher than the $218-million deficit in 2002 as imports outgrew exports by a wide margin, the National Statistics Office (NSO) reported yesterday. [DatePublished] => 2004-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 228570 [Title] => Sept imports down 4.5% [Summary] => The government said it recorded a trade surplus of $218 million in September, far higher than the surplus of $2 million in the same month of last year, but imports of vital electronics parts shrank. [DatePublished] => 2003-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096671 [AuthorName] => Dolly Aglay [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | January 26, 2007 - 12:00am
January 26, 2007 - 12:00am
By Ted P. Torres | July 12, 2006 - 12:00am
By Rica Delfinado | April 26, 2006 - 12:00am
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By Rica Delfinado | April 12, 2006 - 12:00am
By Des Ferriols | February 9, 2006 - 12:00am
November 30, 2005 - 12:00am
By Rica Delfinado | February 20, 2004 - 12:00am
By Dolly Aglay | November 20, 2003 - 12:00am
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