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                    [ArticleID] => 83770
                    [Title] => Rural banks under stress, says ADB exec
                    [Summary] => Despite being able to keep its head above water, the rural banking sector continues to feel the pressure of the financial crisis, according to one of the biggest and influential global financial institution.


"We must accept that the rural banking system remains under stress," Dr. Gunter Hecker, Asian Development Bank (ADB) Philippine country director said.


The high level of non-performing assets (NPA) of the rural banking sector strongly reflects the system’s weaknesses.


                    [DatePublished] => 2001-07-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 96869
                    [Title] => ADB calls for new talks on $280-M Mindanao projects
                    [Summary] => The Arroyo administration will have to renegotiate some $280 million worth of pipeline projects for Mindanao that are funded by the Asian Development Bank (ADB).


The projects had been negotiated by the Estrada government but they have to be discussed anew with the new administration, ADB officials said.


                    [DatePublished] => 2001-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 96863
                    [Title] => Loan conditions remain the same – ADB
                    [Summary] => Conditions for the release of official development assistance (ODA) funding will not be altered by the assumption of Gloria Macapagal-Arroyo to the presidency, according to an official of the Asian Development Bank (ADB).


In a press briefing, ADB country director for the Philippines Dr. Gunter Hecker explained that the loans were released or were programmed for release without bias to a government administration but rather to the project itself.


                    [DatePublished] => 2001-01-28 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 96848
                    [Title] => ADB airs ‘cautious optimism’ over RP’s prospects under GMA
                    [Summary] => The Asian Development Bank (ADB) has expressed "cautious optimism" over the short term prospects of the Philippine economy under the Arroyo administration.


Dr. Gunter Hecker, ADB country director for the Philippines, said there are a number of things that the new administration must accomplish to win back investor confidence.


For one, he said the new administration must contain its ballooning budget deficit and improve its revenue collection. "The big guys should be made to pay their taxes and not just the small people," Hecker said.


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DR. GUNTER HECKER

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                    [ArticleID] => 83770
                    [Title] => Rural banks under stress, says ADB exec
                    [Summary] => Despite being able to keep its head above water, the rural banking sector continues to feel the pressure of the financial crisis, according to one of the biggest and influential global financial institution.


"We must accept that the rural banking system remains under stress," Dr. Gunter Hecker, Asian Development Bank (ADB) Philippine country director said.


The high level of non-performing assets (NPA) of the rural banking sector strongly reflects the system’s weaknesses.


                    [DatePublished] => 2001-07-17 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 96869
                    [Title] => ADB calls for new talks on $280-M Mindanao projects
                    [Summary] => The Arroyo administration will have to renegotiate some $280 million worth of pipeline projects for Mindanao that are funded by the Asian Development Bank (ADB).


The projects had been negotiated by the Estrada government but they have to be discussed anew with the new administration, ADB officials said.


                    [DatePublished] => 2001-01-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 96863
                    [Title] => Loan conditions remain the same – ADB
                    [Summary] => Conditions for the release of official development assistance (ODA) funding will not be altered by the assumption of Gloria Macapagal-Arroyo to the presidency, according to an official of the Asian Development Bank (ADB).


In a press briefing, ADB country director for the Philippines Dr. Gunter Hecker explained that the loans were released or were programmed for release without bias to a government administration but rather to the project itself.


                    [DatePublished] => 2001-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [URL] => 
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                    [ArticleID] => 96848
                    [Title] => ADB airs ‘cautious optimism’ over RP’s prospects under GMA
                    [Summary] => The Asian Development Bank (ADB) has expressed "cautious optimism" over the short term prospects of the Philippine economy under the Arroyo administration.


Dr. Gunter Hecker, ADB country director for the Philippines, said there are a number of things that the new administration must accomplish to win back investor confidence.


For one, he said the new administration must contain its ballooning budget deficit and improve its revenue collection. "The big guys should be made to pay their taxes and not just the small people," Hecker said.


                    [DatePublished] => 2001-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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abtest

Rural banks under stress, says ADB exec

July 17, 2001 - 12:00am

Despite being able to keep its head above water, the rural banking sector continues to feel the pressure of the financial crisis, according to one of the biggest and influential global financial institution. "We...

Banking

ADB calls for new talks on $280-M Mindanao projects

By Ted P. Torres | January 29, 2001 - 12:00am

The Arroyo administration will have to renegotiate some $280 million worth of pipeline projects for Mindanao that are funded by the Asian Development Bank (ADB). The projects had been negotiated by the Estrada government...

Business

Loan conditions remain the same – ADB

By Ted P. Torres | January 28, 2001 - 12:00am

Conditions for the release of official development assistance (ODA) funding will not be altered by the assumption of Gloria Macapagal-Arroyo to the presidency, according to an official of the Asian Development Bank...

Business

ADB airs ‘cautious optimism’ over RP’s prospects under GMA

By Ted P. Torres | January 26, 2001 - 12:00am

The Asian Development Bank (ADB) has expressed "cautious optimism" over the short term prospects of the Philippine economy under the Arroyo administration. Dr. Gunter Hecker, ADB country director for the...

Business