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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 263462 [Title] => Export growth drops sharply to 3.2% in July [Summary] => The countrys merchandise exports grew by only 3.2 percent to $3.106 billion in July from $3.009 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.
The growth decelerated further from the 8.2 percent recorded in June and from the 18-month high of 15.3 percent posted in May.
Some analysts said the slow growth was likely to be temporary but the export numbers are not encouraging for an economy burdened by $61 billion in debt, high oil prices, corruption, tax evasion, rising unemployment and poverty.
[DatePublished] => 2004-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 258249 [Title] => Govt overshoots H1 deficit target [Summary] => The Arroyo administration breached its budget deficit target in the first half of 2004, but the 0.6 percent overshoot was smaller than expected as the government reined in spending in June, the Department of Finance (DOF) reported yesterday.
The finance department said the closely watched gap between spending and revenues reached P80.1 billion in the first six months of the year, versus the target of P79.6 billion.
[DatePublished] => 2004-07-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 253619 [Title] => Hike in power rates raises inflation risks [Summary] => Philippine regulators have allowed the countrys power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise.
The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January.
[DatePublished] => 2004-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1214582 [AuthorName] => Carmina Reyes [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DANNY SUWANAPRUTI
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 263462 [Title] => Export growth drops sharply to 3.2% in July [Summary] => The countrys merchandise exports grew by only 3.2 percent to $3.106 billion in July from $3.009 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.
The growth decelerated further from the 8.2 percent recorded in June and from the 18-month high of 15.3 percent posted in May.
Some analysts said the slow growth was likely to be temporary but the export numbers are not encouraging for an economy burdened by $61 billion in debt, high oil prices, corruption, tax evasion, rising unemployment and poverty.
[DatePublished] => 2004-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 258249 [Title] => Govt overshoots H1 deficit target [Summary] => The Arroyo administration breached its budget deficit target in the first half of 2004, but the 0.6 percent overshoot was smaller than expected as the government reined in spending in June, the Department of Finance (DOF) reported yesterday.
The finance department said the closely watched gap between spending and revenues reached P80.1 billion in the first six months of the year, versus the target of P79.6 billion.
[DatePublished] => 2004-07-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 253619 [Title] => Hike in power rates raises inflation risks [Summary] => Philippine regulators have allowed the countrys power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise.
The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January.
[DatePublished] => 2004-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1214582 [AuthorName] => Carmina Reyes [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Rica Delfinado | September 4, 2004 - 12:00am
By Des Ferriols | July 21, 2004 - 12:00am
By Carmina Reyes | June 13, 2004 - 12:00am
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Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
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The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
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The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
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The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
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Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
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February 12, 2018
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