+ Follow DEPUTY GOVERNOR AMANDO TETANGCO JR Tag
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[Title] => Commercial bank loans up 3.8% in June
[Summary] => Outstanding loans of local commercial banks expanded by 3.8 percent to P1.497 trillion as of end-June this year from P1.443 trillion last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The latest growth was faster than the 1.7 percent annualized expansion recorded in May.
The BSP said the surge in commercial bank loans was fueled by lending to the manufacturing sector, trade and the financial institutions, real estate and business services sector.
[DatePublished] => 2004-08-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 254473
[Title] => Peso closes at record low of 56.43 to dollar
[Summary] => The peso dropped to a new all-time low yesterday, closing at 56.43 to the dollar as market sentiment deteriorated further over political uncertainties and the government’s declining ability to handle its mounting debt burden.
The local currency opened weak at 56.37 and by mid-trade, it was down to 56.435 to the dollar due to the combined effects of a strong dollar and worries over the unfolding political scenario. Yesterday’s closing rate was weaker than the record closing low of 56.425 last touched on March 26.
[DatePublished] => 2004-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 226744
[Title] => Stocks hit 19-mo high; peso gains
[Summary] => The stock market surged to a 19-month peak yesterday due to strong foreign demand for select blue chips led by dominant telecom player Philippine Long Distance Telephone Co. (PLDT) after reports that it posted solid profit results.
The 30-company Philippine Stock Exchange Index ended up 20.68 points, or 1.5 percent, at 1,432.27, its highest close since April 5, 2002, when it finished at 1,432.86.
The index rose 0.9 percent Monday and is up 5.5 percent since Oct. 28.
[DatePublished] => 2003-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 180836
[Title] => Peso hits new 14-month low of 53.47 to dollar
[Summary] => The peso hit a new 14-month low of 53.470 against the dollar in early morning trade yesterday in the wake of the deadly bombings in Mindanao and Manila. The level was the lowest since the peso hit 53.610 to the dollar on Aug. 3, 2001.
[DatePublished] => 2002-10-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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DEPUTY GOVERNOR AMANDO TETANGCO JR
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 261210
[Title] => Commercial bank loans up 3.8% in June
[Summary] => Outstanding loans of local commercial banks expanded by 3.8 percent to P1.497 trillion as of end-June this year from P1.443 trillion last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The latest growth was faster than the 1.7 percent annualized expansion recorded in May.
The BSP said the surge in commercial bank loans was fueled by lending to the manufacturing sector, trade and the financial institutions, real estate and business services sector.
[DatePublished] => 2004-08-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 254473
[Title] => Peso closes at record low of 56.43 to dollar
[Summary] => The peso dropped to a new all-time low yesterday, closing at 56.43 to the dollar as market sentiment deteriorated further over political uncertainties and the government’s declining ability to handle its mounting debt burden.
The local currency opened weak at 56.37 and by mid-trade, it was down to 56.435 to the dollar due to the combined effects of a strong dollar and worries over the unfolding political scenario. Yesterday’s closing rate was weaker than the record closing low of 56.425 last touched on March 26.
[DatePublished] => 2004-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 226744
[Title] => Stocks hit 19-mo high; peso gains
[Summary] => The stock market surged to a 19-month peak yesterday due to strong foreign demand for select blue chips led by dominant telecom player Philippine Long Distance Telephone Co. (PLDT) after reports that it posted solid profit results.
The 30-company Philippine Stock Exchange Index ended up 20.68 points, or 1.5 percent, at 1,432.27, its highest close since April 5, 2002, when it finished at 1,432.86.
The index rose 0.9 percent Monday and is up 5.5 percent since Oct. 28.
[DatePublished] => 2003-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 180836
[Title] => Peso hits new 14-month low of 53.47 to dollar
[Summary] => The peso hit a new 14-month low of 53.470 against the dollar in early morning trade yesterday in the wake of the deadly bombings in Mindanao and Manila. The level was the lowest since the peso hit 53.610 to the dollar on Aug. 3, 2001.
[DatePublished] => 2002-10-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 5, 2003 - 12:00am
