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                    [ArticleID] => 579520
                    [Title] => 30% growth projection for franchising sector 'conservative'
                    [Summary] => 
News on the 7.3 percent economic growth in the first quarter of the year has further lifted the spirit of the already upbeat franchise sector, making its projection of a 20 to 30 percent increase in sales for full-year 2010 a conservative estimate.
                    [DatePublished] => 2010-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 64750
                    [Title] => RP economic growth slows to 5.2% in Q1
                    [Summary] => 
Faced with a US-led global slowdown and soaring food and energy prices, the country’s economic growth slowed to 5.2 percent in the first three months of the year, casting a pall over the outlook for 2008.
                    [DatePublished] => 2008-05-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 48749
                    [Title] => EDITORIAL — Increasing poverty
                    [Summary] => 
This is official government data so it must be accurate: four million more Filipinos fell below the poverty line between 2003 and 2006, bringing to 27.6 million the number of the country’s poor.
                    [DatePublished] => 2008-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
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                    [ArticleID] => 311958
                    [Title] => ‘RP economy in temporary downturn but no meltdown’
                    [Summary] => The Philippine economy is in a temporary downturn but is not headed for a meltdown, Economic Planning Secretary Augusto Santos said yesterday. 


Gross domestic product (GDP) growth eased to a lower than expected 4.1 percent in the three months to September due to high oil prices and anemic agricultural output, endangering the official full-year target of 5.1 percent.


 The government later reported that merchandise exports had slipped 3.2 percent in October due to weak global demand for electronics, which account for nearly 70 percent of overseas shipments. 


                    [DatePublished] => 2005-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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                    [ArticleID] => 310991
                    [Title] => 2006 budget indispensable, says Gullas
                    [Summary] => Cebu Rep. Eduardo Gullas stressed the need for Congress to pass the proposed P1.04-trillion 2006 national budget, saying a re-enacted P907.6-billion 2005 appropriations measure would be "unresponsive and inadequate."


"Whether we finally approve the 2006 budget next month or in February, it is absolutely imperative that we pass it," Gullas said in a statement.


                    [DatePublished] => 2005-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Nation
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                    [ArticleID] => 294093
                    [Title] => Oil shock slows GDP growth to 4.8% in second quarter
                    [Summary] => Soaring oil prices and drought clipped consumption and stunted the country’s  economic expansion in the first half while putting the full-year growth target of 5.3 percent at risk, the government said  yesterday.


Gross domestic product (GDP) growth slowed to 4.8 percent in the second quarter and  to 4.7 percent in the first half, compared to 6.5 percent and 6.4 percent last year, respectively, officials said. 


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [6] => Array
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                    [ArticleID] => 292967
                    [Title] => ‘Runaway oil prices bigger threat than political crisis’
                    [Summary] => One of the world’s largest financial institutions warned yesterday that the runaway prices of crude oil in the global market pose a greater threat to President Arroyo’s presidency than the political scandals hounding her. 

                    [DatePublished] => 2005-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                    [ArticleID] => 292284
                    [Title] => Market extends losing streak on oil, EVAT concerns
                    [Summary] => Share prices fell yesterday for the fourth straight session amid concern over high oil prices and their impact on the economy and the corporate outlook.


The uncertain fate of the expanded value added tax (EVAT) law, which was suspended last month by the Supreme Court, also put pressure on the market, traders said. The law is an integral part of the government’s fiscal reform program.


                    [DatePublished] => 2005-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                    [SectionUrl] => business
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)

ECONOMIC PLANNING SECRETARY AUGUSTO SANTOS

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                    [ArticleID] => 579520
                    [Title] => 30% growth projection for franchising sector 'conservative'
                    [Summary] => 
News on the 7.3 percent economic growth in the first quarter of the year has further lifted the spirit of the already upbeat franchise sector, making its projection of a 20 to 30 percent increase in sales for full-year 2010 a conservative estimate.
                    [DatePublished] => 2010-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 64750
                    [Title] => RP economic growth slows to 5.2% in Q1
                    [Summary] => 
Faced with a US-led global slowdown and soaring food and energy prices, the country’s economic growth slowed to 5.2 percent in the first three months of the year, casting a pall over the outlook for 2008.
                    [DatePublished] => 2008-05-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 48749
                    [Title] => EDITORIAL — Increasing poverty
                    [Summary] => 
This is official government data so it must be accurate: four million more Filipinos fell below the poverty line between 2003 and 2006, bringing to 27.6 million the number of the country’s poor.
                    [DatePublished] => 2008-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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                (
                    [ArticleID] => 311958
                    [Title] => ‘RP economy in temporary downturn but no meltdown’
                    [Summary] => The Philippine economy is in a temporary downturn but is not headed for a meltdown, Economic Planning Secretary Augusto Santos said yesterday. 


Gross domestic product (GDP) growth eased to a lower than expected 4.1 percent in the three months to September due to high oil prices and anemic agricultural output, endangering the official full-year target of 5.1 percent.


 The government later reported that merchandise exports had slipped 3.2 percent in October due to weak global demand for electronics, which account for nearly 70 percent of overseas shipments. 


                    [DatePublished] => 2005-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                    [ArticleID] => 310991
                    [Title] => 2006 budget indispensable, says Gullas
                    [Summary] => Cebu Rep. Eduardo Gullas stressed the need for Congress to pass the proposed P1.04-trillion 2006 national budget, saying a re-enacted P907.6-billion 2005 appropriations measure would be "unresponsive and inadequate."


"Whether we finally approve the 2006 budget next month or in February, it is absolutely imperative that we pass it," Gullas said in a statement.


                    [DatePublished] => 2005-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
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                    [ArticleID] => 294093
                    [Title] => Oil shock slows GDP growth to 4.8% in second quarter
                    [Summary] => Soaring oil prices and drought clipped consumption and stunted the country’s  economic expansion in the first half while putting the full-year growth target of 5.3 percent at risk, the government said  yesterday.


Gross domestic product (GDP) growth slowed to 4.8 percent in the second quarter and  to 4.7 percent in the first half, compared to 6.5 percent and 6.4 percent last year, respectively, officials said. 


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 292967
                    [Title] => ‘Runaway oil prices bigger threat than political crisis’
                    [Summary] => One of the world’s largest financial institutions warned yesterday that the runaway prices of crude oil in the global market pose a greater threat to President Arroyo’s presidency than the political scandals hounding her. 

                    [DatePublished] => 2005-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 292284
                    [Title] => Market extends losing streak on oil, EVAT concerns
                    [Summary] => Share prices fell yesterday for the fourth straight session amid concern over high oil prices and their impact on the economy and the corporate outlook.


The uncertain fate of the expanded value added tax (EVAT) law, which was suspended last month by the Supreme Court, also put pressure on the market, traders said. The law is an integral part of the government’s fiscal reform program.


                    [DatePublished] => 2005-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

30% growth projection for franchising sector 'conservative'

May 31, 2010 - 12:00am

News on the 7.3 percent economic growth in the first quarter of the year has further lifted the spirit of the already upbeat franchise sector, making its projection of a 20 to 30 percent increase in sales for full-year...

Business

RP economic growth slows to 5.2% in Q1

By Ted P. Torres | May 30, 2008 - 12:00am

Faced with a US-led global slowdown and soaring food and energy prices, the country’s economic growth slowed to 5.2 percent in the first three months of the year, casting a pall over the outlook for 2008.

Business

EDITORIAL — Increasing poverty

March 7, 2008 - 12:00am

This is official government data so it must be accurate: four million more Filipinos fell below the poverty line between 2003 and 2006, bringing to 27.6 million the number of the country’s poor.

Opinion

‘RP economy in temporary downturn but no meltdown’

December 13, 2005 - 12:00am

The Philippine economy is in a temporary downturn but is not headed for a meltdown, Economic Planning Secretary Augusto Santos said yesterday. Gross domestic product (GDP) growth eased to a lower than expected...

Headlines

2006 budget indispensable, says Gullas

December 7, 2005 - 12:00am

Cebu Rep. Eduardo Gullas stressed the need for Congress to pass the proposed P1.04-trillion 2006 national budget, saying a re-enacted P907.6-billion 2005 appropriations measure would be "unresponsive and inadequate." "Whether...

Nation

Oil shock slows GDP growth to 4.8% in second quarter

By Ted P. Torres | August 30, 2005 - 12:00am

Soaring oil prices and drought clipped consumption and stunted the country’s economic expansion in the first half while putting the full-year growth target of 5.3 percent at risk, the government said yesterday. Gross...

Business

‘Runaway oil prices bigger threat than political crisis’

By Paolo Romero | August 23, 2005 - 12:00am

One of the world’s largest financial institutions warned yesterday that the runaway prices of crude oil in the global market pose a greater threat to President Arroyo’s presidency than the political scandals...

Headlines

Market extends losing streak on oil, EVAT concerns

August 19, 2005 - 12:00am

Share prices fell yesterday for the fourth straight session amid concern over high oil prices and their impact on the economy and the corporate outlook. The uncertain fate of the expanded value added tax (EVAT)...

Business