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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 314099 [Title] => Peso hits 31-month high of 53.03 to $1 [Summary] => The peso nearly broke through the 53 to a dollar psychological barrier yesterday, hitting a high of 53.030 during intraday trading on the back of continued strong dollar remittances from overseas Filipino workers (OFWs).
At the Philippine Dealing System (PDS), the peso closed at 53.080 to $1, its highest level since the peso last touched the 52.88 to $1 rate on May 27, 2003.
[DatePublished] => 2005-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 310956 [Title] => November inflation of 7.1% nears year-low [Summary] => The countrys inflation rate stayed near a year-low in November as fuel prices and housing costs eased, the National Statistics Office (NSO) reported yesterday.
The government statistics office said the nationwide inflation rate advanced to 7.1 percent in November, up slightly from seven percent the previous two months.
The November inflation figure was still within the Bangko Sentral ng Pilipinas (BSP) full-year target of 7.6 percent to 7.9 percent.
[DatePublished] => 2005-12-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 290877 [Title] => Exports expand slightly in June [Summary] => Exports managed to expand by one percent to $3.35 billion in June from $3.295 billion in the same period last year despite a drop in shipments of electronic products, the National Statistics Office (NSO) reported yesterday.
This was an improvement over the 0.9 percent export growth that was posted in May, the NSO said, updating an earlier report that exports rose by 1.1 percent in that month.
For the first six months of the year, merchandise exports were up 3.3 percent from a year earlier to $19.4 billion, the government statistics office said.
[DatePublished] => 2005-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) ) )
FORECAST LTD
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 314099 [Title] => Peso hits 31-month high of 53.03 to $1 [Summary] => The peso nearly broke through the 53 to a dollar psychological barrier yesterday, hitting a high of 53.030 during intraday trading on the back of continued strong dollar remittances from overseas Filipino workers (OFWs).
At the Philippine Dealing System (PDS), the peso closed at 53.080 to $1, its highest level since the peso last touched the 52.88 to $1 rate on May 27, 2003.
[DatePublished] => 2005-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 310956 [Title] => November inflation of 7.1% nears year-low [Summary] => The countrys inflation rate stayed near a year-low in November as fuel prices and housing costs eased, the National Statistics Office (NSO) reported yesterday.
The government statistics office said the nationwide inflation rate advanced to 7.1 percent in November, up slightly from seven percent the previous two months.
The November inflation figure was still within the Bangko Sentral ng Pilipinas (BSP) full-year target of 7.6 percent to 7.9 percent.
[DatePublished] => 2005-12-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 290877 [Title] => Exports expand slightly in June [Summary] => Exports managed to expand by one percent to $3.35 billion in June from $3.295 billion in the same period last year despite a drop in shipments of electronic products, the National Statistics Office (NSO) reported yesterday.
This was an improvement over the 0.9 percent export growth that was posted in May, the NSO said, updating an earlier report that exports rose by 1.1 percent in that month.
For the first six months of the year, merchandise exports were up 3.3 percent from a year earlier to $19.4 billion, the government statistics office said.
[DatePublished] => 2005-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) ) )
abtest
By Rica Delfinado | December 29, 2005 - 12:00am
By Des Ferriols | December 7, 2005 - 12:00am
By Rica Delfinado | August 11, 2005 - 12:00am
By Rica Delfinado | September 4, 2004 - 12:00am
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