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+ Follow IL HOUNG LEE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 527905
                    [Title] => IMF says RP banks remain resilient
                    [Summary] => 

The International Monetary Fund (IMF) said the local banking system remained resilient after the Bangko Sentral ng Pilipinas (BSP) managed to put in place reforms aimed at containing the effects of the global financial crisis.

[DatePublished] => 2009-12-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 526702 [Title] => IMF sees payments surplus at $6 billion [Summary] =>

The International Monetary Fund (IMF) sees the country’s balance of payments (BOP) surplus surging to $6 billion this year from $89 million last year due to the impact of the global financial crisis.

[DatePublished] => 2009-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 526363 [Title] => November inflation seen at 2.4%-3.3% [Summary] =>

Consumer prices are expected to climb for the third straight month in November to a range of 2.4 percent to 3.3 percent due to the damages caused by tropical storm Ondoy and typhoon Pepeng, the Bangko Sentral ng Pilipinas (BSP) said yesterday.

[DatePublished] => 2009-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 526365 [Title] => IMF ups RP growth forecast to 1.5% in 2009 [Summary] =>

The International Monetary Fund (IMF) adjusted upwards the country’s economic growth forecast for this year and next year despite the damages caused by tropical storm Ondoy and typhoon Pepeng.

[DatePublished] => 2009-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 526438 [Title] => IMF upgrades RP growth forecast to 1.5% in 2009 [Summary] =>

MANILA, Philippines (Xinhua) - The visiting team of the International Monetary Fund concluded its week-long review of the Philippine economy with an upward adjustment to the country's growth path to 1.5 percent this year and 3.5 percent in 2010.

[DatePublished] => 2009-11-25 22:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 479933 [Title] => World Bank: RP headed for outright recession [Summary] =>

The World Bank (WB) expects the Philippines to hit “outright recession” this year with domestic production declining by half a percent before recovering to a 2.4-percent growth in 2010 and 4.5 percent in 2011.

[DatePublished] => 2009-06-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 476365 [Title] => IMF says BSP still has room for further easing [Summary] =>

MANILA, Philippines - The International Monetary Fund (IMF) said the Bangko Sentral ng Pilipinas (BSP) should stop easing its monetary policy only when the country’s economic recovery has reached solid footing, saying there is still moderate scope for further monetary easing.

[DatePublished] => 2009-06-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 476016 [Title] => IMF sees RP economy declining 1% this year [Summary] =>

MANILA, Philippines – The International Monetary Fund (IMF) expects the country’s economic growth to decline by one percent this year before posting a modest 2.25-percent expansion in 2010.

[DatePublished] => 2009-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 418265 [Title] => RP growth to be propelled by domestic demand - IMF [Summary] => With its exports slowing down, the International Monetary Fund (IMF) said all of the country’s growth would come from domestic demand, raising the risky proposition of sustainability with declining exports. [DatePublished] => 2008-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 415626 [Title] => IMF tells RP to limit fiscal deficit in 2009 [Summary] => Although an economic stimulus package is necessary to cushion the impact of the global slowdown, the International Monetary Fund (IMF) said the country’s fiscal deficit should not be more than P140 billion in 2009. [DatePublished] => 2008-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
IL HOUNG LEE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 527905
                    [Title] => IMF says RP banks remain resilient
                    [Summary] => 

The International Monetary Fund (IMF) said the local banking system remained resilient after the Bangko Sentral ng Pilipinas (BSP) managed to put in place reforms aimed at containing the effects of the global financial crisis.

[DatePublished] => 2009-12-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 526702 [Title] => IMF sees payments surplus at $6 billion [Summary] =>

The International Monetary Fund (IMF) sees the country’s balance of payments (BOP) surplus surging to $6 billion this year from $89 million last year due to the impact of the global financial crisis.

[DatePublished] => 2009-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 526363 [Title] => November inflation seen at 2.4%-3.3% [Summary] =>

Consumer prices are expected to climb for the third straight month in November to a range of 2.4 percent to 3.3 percent due to the damages caused by tropical storm Ondoy and typhoon Pepeng, the Bangko Sentral ng Pilipinas (BSP) said yesterday.

[DatePublished] => 2009-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 526365 [Title] => IMF ups RP growth forecast to 1.5% in 2009 [Summary] =>

The International Monetary Fund (IMF) adjusted upwards the country’s economic growth forecast for this year and next year despite the damages caused by tropical storm Ondoy and typhoon Pepeng.

[DatePublished] => 2009-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 526438 [Title] => IMF upgrades RP growth forecast to 1.5% in 2009 [Summary] =>

MANILA, Philippines (Xinhua) - The visiting team of the International Monetary Fund concluded its week-long review of the Philippine economy with an upward adjustment to the country's growth path to 1.5 percent this year and 3.5 percent in 2010.

[DatePublished] => 2009-11-25 22:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 479933 [Title] => World Bank: RP headed for outright recession [Summary] =>

The World Bank (WB) expects the Philippines to hit “outright recession” this year with domestic production declining by half a percent before recovering to a 2.4-percent growth in 2010 and 4.5 percent in 2011.

[DatePublished] => 2009-06-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 476365 [Title] => IMF says BSP still has room for further easing [Summary] =>

MANILA, Philippines - The International Monetary Fund (IMF) said the Bangko Sentral ng Pilipinas (BSP) should stop easing its monetary policy only when the country’s economic recovery has reached solid footing, saying there is still moderate scope for further monetary easing.

[DatePublished] => 2009-06-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 476016 [Title] => IMF sees RP economy declining 1% this year [Summary] =>

MANILA, Philippines – The International Monetary Fund (IMF) expects the country’s economic growth to decline by one percent this year before posting a modest 2.25-percent expansion in 2010.

[DatePublished] => 2009-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 418265 [Title] => RP growth to be propelled by domestic demand - IMF [Summary] => With its exports slowing down, the International Monetary Fund (IMF) said all of the country’s growth would come from domestic demand, raising the risky proposition of sustainability with declining exports. [DatePublished] => 2008-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 415626 [Title] => IMF tells RP to limit fiscal deficit in 2009 [Summary] => Although an economic stimulus package is necessary to cushion the impact of the global slowdown, the International Monetary Fund (IMF) said the country’s fiscal deficit should not be more than P140 billion in 2009. [DatePublished] => 2008-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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