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                    [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 country’s 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 country’s 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] => 
                )

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)

FORECAST LTD

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    [results] => Array
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            [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 country’s 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 country’s 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

Peso hits 31-month high of 53.03 to $1

By Rica Delfinado | December 29, 2005 - 12:00am

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...

Business

November inflation of 7.1% nears year-low

By Des Ferriols | December 7, 2005 - 12:00am

The country’s 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...

Business

Exports expand slightly in June

By Rica Delfinado | August 11, 2005 - 12:00am

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...

Business

Export growth drops sharply to 3.2% in July

By Rica Delfinado | September 4, 2004 - 12:00am

The country’s 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...

Business