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                    [ArticleID] => 1305121
                    [Title] => Gov’t wants to reduce ratio of foreign debt to total debt
                    [Summary] => 
The government wants to further trim the share of foreign debt to the country’s total debt given strong liquidity in the domestic banking sector.

                    [DatePublished] => 2014-03-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 964365
                    [Title] => Ascott boosts Phl presence with Alabang serviced residence
                    [Summary] => 
Ascott Ltd, the wholly-owned serviced residence business unit of Singapore-based CapitalLand – one of the biggest property developers in Asia – has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang.

                    [DatePublished] => 2013-07-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Real Estate
                    [SectionUrl] => real-estate
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 953493
                    [Title] => Is Phl economy overheating?
                    [Summary] => 
Economic good news are everywhere, but once and for all, is the Philippine economy overheating—that is, is it simply growing at a pace that’s unusually high yet unsustainable?

                    [DatePublished] => 2013-06-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1405019
                    [AuthorName] => John M. Destacamento
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 911569
                    [Title] => Debt-to-GDP ratio up to 51.4% in 2012
                    [Summary] => 
The government’s outstanding debt as a proportion of the country’s gross domestic product (GDP) increased last year, dealing a minor blow to the country’s goal of hitting the international benchmark for investment grade.

                    [DatePublished] => 2013-02-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
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                    [ArticleID] => 859065
                    [Title] => 'Peace deal to boost Phl's credit rating'
                    [Summary] => 
Credit rating agencies are “very pleased” with developments in the Philippines, particularly on the economic and political fronts, Finance Secretary Cesar Purisima said yesterday.
                    [DatePublished] => 2012-10-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1539221
                    [AuthorName] => Neil Jerome Morales
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

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                    [ArticleID] => 621012
                    [Title] => Aquino vows government will be proactive in promoting investments
                    [Summary] => 
President Aquino said his administration would be “proactive” in promoting investments and would not be like the comical Juan Tamad.
                    [DatePublished] => 2010-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 384461
                    [Title] => ADB extends $250-M loan to RP
                    [Summary] => 





The Asian Development Bank (ADB) has extended a $250 million loan to the Philippines for the implementation of reforms aimed at improving the investment climate, better manage the country’s finances, and help enhance economic growth.


The loan facility carries a 15-year term, including a grace period of three years, with interest determined by the ADB’s Libor-based lending window.


                    [DatePublished] => 2007-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 286297
                    [Title] => Country able to repay debt despite crisis, says treasurer
                    [Summary] => The Philippines is fully capable of repaying its foreign debt despite the political turmoil and a recent string of warnings from credit rating agencies, National Treasurer Omar Cruz said yesterday.


Earlier Moody’s Investors’ Service Inc. followed action by two other major rating companies – Fitch and Standard & Poor’s – and cut the outlook on the Philippines’ sovereign B1 rating to negative from stable, citing the possibility of negative consequences the country’s political problems may have on the budget and external payments.


                    [DatePublished] => 2005-07-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 286001
                    [Title] => EDITORIAL – On the road to maturity
                    [Summary] => 
Once again the economy took a beating from the continuing political crisis yesterday as Fitch and Standard & Poor’s downgraded the country’s credit rating from stable to negative. In reaction, the peso and share prices fell. The markets may stabilize in the coming weeks, but this will depend on the way the nation deals with the latest political storm.


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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            [9] => Array
                (
                    [ArticleID] => 267954
                    [Title] => RP may be spared from Moody’s two-notch downgrade
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism that the country would be spared from a two-notch credit rating downgrade from Moody’s Investor Services following the decisive stance by Philippine monetary officials not to prop up the peso.


Moody’s has been rumored to be mulling a two-notch downgrade for the Philippines in February unless the Arroyo administration delivers on its key tax reform measures. 


                    [DatePublished] => 2005-01-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

FITCH AND STANDARD

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                    [ArticleID] => 1305121
                    [Title] => Gov’t wants to reduce ratio of foreign debt to total debt
                    [Summary] => 
The government wants to further trim the share of foreign debt to the country’s total debt given strong liquidity in the domestic banking sector.

                    [DatePublished] => 2014-03-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 964365
                    [Title] => Ascott boosts Phl presence with Alabang serviced residence
                    [Summary] => 
Ascott Ltd, the wholly-owned serviced residence business unit of Singapore-based CapitalLand – one of the biggest property developers in Asia – has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang.

                    [DatePublished] => 2013-07-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Real Estate
                    [SectionUrl] => real-estate
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 953493
                    [Title] => Is Phl economy overheating?
                    [Summary] => 
Economic good news are everywhere, but once and for all, is the Philippine economy overheating—that is, is it simply growing at a pace that’s unusually high yet unsustainable?

                    [DatePublished] => 2013-06-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1405019
                    [AuthorName] => John M. Destacamento
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 911569
                    [Title] => Debt-to-GDP ratio up to 51.4% in 2012
                    [Summary] => 
The government’s outstanding debt as a proportion of the country’s gross domestic product (GDP) increased last year, dealing a minor blow to the country’s goal of hitting the international benchmark for investment grade.

                    [DatePublished] => 2013-02-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 859065
                    [Title] => 'Peace deal to boost Phl's credit rating'
                    [Summary] => 
Credit rating agencies are “very pleased” with developments in the Philippines, particularly on the economic and political fronts, Finance Secretary Cesar Purisima said yesterday.
                    [DatePublished] => 2012-10-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1539221
                    [AuthorName] => Neil Jerome Morales
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                    [ArticleID] => 621012
                    [Title] => Aquino vows government will be proactive in promoting investments
                    [Summary] => 
President Aquino said his administration would be “proactive” in promoting investments and would not be like the comical Juan Tamad.
                    [DatePublished] => 2010-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 384461
                    [Title] => ADB extends $250-M loan to RP
                    [Summary] => 





The Asian Development Bank (ADB) has extended a $250 million loan to the Philippines for the implementation of reforms aimed at improving the investment climate, better manage the country’s finances, and help enhance economic growth.


The loan facility carries a 15-year term, including a grace period of three years, with interest determined by the ADB’s Libor-based lending window.


                    [DatePublished] => 2007-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 286297
                    [Title] => Country able to repay debt despite crisis, says treasurer
                    [Summary] => The Philippines is fully capable of repaying its foreign debt despite the political turmoil and a recent string of warnings from credit rating agencies, National Treasurer Omar Cruz said yesterday.


Earlier Moody’s Investors’ Service Inc. followed action by two other major rating companies – Fitch and Standard & Poor’s – and cut the outlook on the Philippines’ sovereign B1 rating to negative from stable, citing the possibility of negative consequences the country’s political problems may have on the budget and external payments.


                    [DatePublished] => 2005-07-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 286001
                    [Title] => EDITORIAL – On the road to maturity
                    [Summary] => 
Once again the economy took a beating from the continuing political crisis yesterday as Fitch and Standard & Poor’s downgraded the country’s credit rating from stable to negative. In reaction, the peso and share prices fell. The markets may stabilize in the coming weeks, but this will depend on the way the nation deals with the latest political storm.


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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            [9] => Array
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                    [ArticleID] => 267954
                    [Title] => RP may be spared from Moody’s two-notch downgrade
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) expressed optimism that the country would be spared from a two-notch credit rating downgrade from Moody’s Investor Services following the decisive stance by Philippine monetary officials not to prop up the peso.


Moody’s has been rumored to be mulling a two-notch downgrade for the Philippines in February unless the Arroyo administration delivers on its key tax reform measures. 


                    [DatePublished] => 2005-01-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Gov’t wants to reduce ratio of foreign debt to total debt

By Zinnia B. Dela Peña | March 26, 2014 - 12:00am

The government wants to further trim the share of foreign debt to the country’s total debt given strong liquidity in the domestic banking sector.

Business

Ascott boosts Phl presence with Alabang serviced residence

July 12, 2013 - 12:00am

Ascott Ltd, the wholly-owned serviced residence business unit of Singapore-based CapitalLand – one of the biggest property developers in Asia – has increased its presence in the Philippines by securing...

Real Estate

Is Phl economy overheating?

By John M. Destacamento | June 13, 2013 - 12:00am

Economic good news are everywhere, but once and for all, is the Philippine economy overheating—that is, is it simply growing at a pace that’s unusually high yet unsustainable?

Freeman Cebu Business

Debt-to-GDP ratio up to 51.4% in 2012

By Zinnia B. Dela Peña | February 22, 2013 - 12:00am

The government’s outstanding debt as a proportion of the country’s gross domestic product (GDP) increased last year, dealing a minor blow to the country’s goal of hitting the international benchmark...

Business

'Peace deal to boost Phl's credit rating'

By Neil Jerome Morales | October 13, 2012 - 12:00am

Credit rating agencies are “very pleased” with developments in the Philippines, particularly on the economic and political fronts, Finance Secretary Cesar Purisima said yesterday.

Headlines

Aquino vows government will be proactive in promoting investments

By Aurea Calica | October 16, 2010 - 12:00am

President Aquino said his administration would be “proactive” in promoting investments and would not be like the comical Juan Tamad.

Headlines

ADB extends $250-M loan to RP

By Ted P. Torres | February 11, 2007 - 12:00am

The Asian Development Bank (ADB) has extended a $250 million loan to the Philippines for the implementation of reforms aimed at improving the investment climate, better manage the country’s...

Business

Country able to repay debt despite crisis, says treasurer

July 14, 2005 - 12:00am

The Philippines is fully capable of repaying its foreign debt despite the political turmoil and a recent string of warnings from credit rating agencies, National Treasurer Omar Cruz said yesterday. Earlier Moody’s...

Business

EDITORIAL – On the road to maturity

July 12, 2005 - 12:00am

Once again the economy took a beating from the continuing political crisis yesterday as Fitch and Standard & Poor’s downgraded the country’s credit rating from stable to negative. In reaction, the...

Opinion

RP may be spared from Moody’s two-notch downgrade

By Des Ferriols | January 30, 2005 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) expressed optimism that the country would be spared from a two-notch credit rating downgrade from Moody’s Investor Services following the decisive stance by Philippine monetary...

Business