Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 386924
                    [Title] => An excellent move by the BSP
                    [Summary] => 



Last week, the Philippines liberalized certain currency control rules which were in place for almost ten years. We view this as an economic milestone and an ultimate proof that normalcy has been brought back to our currency market. More importantly, it signifies that the country has indeed recovered from the prolonged debilitating effects of the 1997 financial crisis.


Among the steps undertaken by the central bank are:


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 382319
                    [Title] => Tinkering with market forces
                    [Summary] => 



Consistency. We have repeatedly emphasized the need to be consistent with our policies. Nothing can really turn off investor interest more than the inconsistencies in policy pronouncements. It takes a long and tedious process before investors make up their minds about investing in any market or business. So, for the serious investors, changing rules midstream is a mortal sin.


                    [DatePublished] => 2007-01-29 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 378884
                    [Title] => New highs for the peso, PSEi
                    [Summary] => 



In our Oct. 30 issue entitled "Newton’s Law as Applied to the Stock Market," we discussed how physical laws seem to be applicable to economic and financial markets as well. We mentioned that once certain catalysts put economies or markets into a trend, this will hold until a different force would upset or change the trend. And more often, these trends will last for years and even decades as can be seen on what has been happening to China, India, Brazil and most of the ASEAN countries.


                    [DatePublished] => 2007-01-08 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 376760
                    [Title] => Be careful what you wish for
                    [Summary] => 



It’s the Yuletide season once again. We are ending the year with merry-making, and starting a new one with all sorts of resolutions and wishes. A more prosperous business. The better things in life. Perhaps, even a change in character. Change, per se, is not bad if it leads to something good. But let’s be cautious when we are seeking for drastic ones.


                    [DatePublished] => 2006-12-25 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 373242
                    [Title] => The falling dollar
                    [Summary] => 



Since the start of the year the dollar has fallen by around 9.3 percent against the other major currencies, declining 15 percent against the British pound and 12.7 percent against the euro. It has also declined an average of 4.8 percent against Asian currencies with the Thai baht and Korean won leading the way.
                    [DatePublished] => 2006-12-04 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 346004
                    [Title] => Share prices post biggest drop in two weeks
                    [Summary] => Stocks fell the most in two weeks after oil prices climbed to a record and US economic reports fueled speculation the Federal Reserve will keep raising interest rates.


Philippine Long Distance Telephone Co. (PLDT) and Ayala Land Inc. led the decline on expectations higher US borrowing costs will hurt the economy. The US is the biggest buyer of Philippine exports and the main source of funds from overseas workers.


                    [DatePublished] => 2006-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 340805
                    [Title] => Peso, stocks fall on fears of rising US interest rates
                    [Summary] => The local financial market tumbled yesterday on  concern higher borrowing costs will curb economic growth in the US, the country’s biggest export market and top source of remittances from overseas workers, analysts said.


At the Philippine  Dealing System (PDS), the peso breached the 53-to-a-dollar mark, closing at 53.25 or 33 centavos lower than Wednesday’s close of 52.920 to $1  as regional currencies weakened amid speculation of a rise in US interest rates.


The stock market also tumbled, sending the index to its biggest three-day drop in almost a year. 


                    [DatePublished] => 2006-06-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 335037
                    [Title] => Stocks rise for 3rd straight day on fiscal, earnings outlook
                    [Summary] => Share prices closed 1.26 percent higher yesterday, extending gains on foreign investor interest sparked by an improved fiscal outlook and expecations of strong first-quarter results, dealers said. 


Volume was unusually heavy with transactions including the sale of holding firm A Soriano Corp.’s (Anscor) entire 23-percent stake in port operator International Container Terminal Services Inc (ICTSI). 


                    [DatePublished] => 2006-05-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 328362
                    [Title] => Market seen to continue upward trend this week
                    [Summary] => Local stocks are expected to sustain  their  uptrend this week on follow-through buying seasonal quarter ending window-dressing, and improving economic and corporate prospects.


Last week, the Phisix which will be renamed PSEi by April 1 gained 2.7 percent to close at 2,208 points, its highest level since August 1999.  News of a lower budget deficit buoyed market sentiment.  


                    [DatePublished] => 2006-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 315441
                    [Title] => Index tumbles 17 pts as investors cash in on profits
                    [Summary] => Philippine stocks declined yesterday as investors cashed in on three sessions of gains, traders said.


The benchmark 30-company Philippine Stock Exchange Index fell 17.14 points, or 0.8 percent, to 2,133.79, after rising 2.8 percent in the past three days, including the 0.6 percent advance Thursday to a 10-month closing high.


"There was profit-taking after three sessions of gains. But the momentum is still positive," said Citiseconline.com investment analyst Mark Alan Canizares.


                    [DatePublished] => 2006-01-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

JEROME GONZALEZ

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 386924
                    [Title] => An excellent move by the BSP
                    [Summary] => 



Last week, the Philippines liberalized certain currency control rules which were in place for almost ten years. We view this as an economic milestone and an ultimate proof that normalcy has been brought back to our currency market. More importantly, it signifies that the country has indeed recovered from the prolonged debilitating effects of the 1997 financial crisis.


Among the steps undertaken by the central bank are:


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 382319
                    [Title] => Tinkering with market forces
                    [Summary] => 



Consistency. We have repeatedly emphasized the need to be consistent with our policies. Nothing can really turn off investor interest more than the inconsistencies in policy pronouncements. It takes a long and tedious process before investors make up their minds about investing in any market or business. So, for the serious investors, changing rules midstream is a mortal sin.


                    [DatePublished] => 2007-01-29 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 378884
                    [Title] => New highs for the peso, PSEi
                    [Summary] => 



In our Oct. 30 issue entitled "Newton’s Law as Applied to the Stock Market," we discussed how physical laws seem to be applicable to economic and financial markets as well. We mentioned that once certain catalysts put economies or markets into a trend, this will hold until a different force would upset or change the trend. And more often, these trends will last for years and even decades as can be seen on what has been happening to China, India, Brazil and most of the ASEAN countries.


                    [DatePublished] => 2007-01-08 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 376760
                    [Title] => Be careful what you wish for
                    [Summary] => 



It’s the Yuletide season once again. We are ending the year with merry-making, and starting a new one with all sorts of resolutions and wishes. A more prosperous business. The better things in life. Perhaps, even a change in character. Change, per se, is not bad if it leads to something good. But let’s be cautious when we are seeking for drastic ones.


                    [DatePublished] => 2006-12-25 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 373242
                    [Title] => The falling dollar
                    [Summary] => 



Since the start of the year the dollar has fallen by around 9.3 percent against the other major currencies, declining 15 percent against the British pound and 12.7 percent against the euro. It has also declined an average of 4.8 percent against Asian currencies with the Thai baht and Korean won leading the way.
                    [DatePublished] => 2006-12-04 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 346004
                    [Title] => Share prices post biggest drop in two weeks
                    [Summary] => Stocks fell the most in two weeks after oil prices climbed to a record and US economic reports fueled speculation the Federal Reserve will keep raising interest rates.


Philippine Long Distance Telephone Co. (PLDT) and Ayala Land Inc. led the decline on expectations higher US borrowing costs will hurt the economy. The US is the biggest buyer of Philippine exports and the main source of funds from overseas workers.


                    [DatePublished] => 2006-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 340805
                    [Title] => Peso, stocks fall on fears of rising US interest rates
                    [Summary] => The local financial market tumbled yesterday on  concern higher borrowing costs will curb economic growth in the US, the country’s biggest export market and top source of remittances from overseas workers, analysts said.


At the Philippine  Dealing System (PDS), the peso breached the 53-to-a-dollar mark, closing at 53.25 or 33 centavos lower than Wednesday’s close of 52.920 to $1  as regional currencies weakened amid speculation of a rise in US interest rates.


The stock market also tumbled, sending the index to its biggest three-day drop in almost a year. 


                    [DatePublished] => 2006-06-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 335037
                    [Title] => Stocks rise for 3rd straight day on fiscal, earnings outlook
                    [Summary] => Share prices closed 1.26 percent higher yesterday, extending gains on foreign investor interest sparked by an improved fiscal outlook and expecations of strong first-quarter results, dealers said. 


Volume was unusually heavy with transactions including the sale of holding firm A Soriano Corp.’s (Anscor) entire 23-percent stake in port operator International Container Terminal Services Inc (ICTSI). 


                    [DatePublished] => 2006-05-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 328362
                    [Title] => Market seen to continue upward trend this week
                    [Summary] => Local stocks are expected to sustain  their  uptrend this week on follow-through buying seasonal quarter ending window-dressing, and improving economic and corporate prospects.


Last week, the Phisix which will be renamed PSEi by April 1 gained 2.7 percent to close at 2,208 points, its highest level since August 1999.  News of a lower budget deficit buoyed market sentiment.  


                    [DatePublished] => 2006-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 315441
                    [Title] => Index tumbles 17 pts as investors cash in on profits
                    [Summary] => Philippine stocks declined yesterday as investors cashed in on three sessions of gains, traders said.


The benchmark 30-company Philippine Stock Exchange Index fell 17.14 points, or 0.8 percent, to 2,133.79, after rising 2.8 percent in the past three days, including the 0.6 percent advance Thursday to a 10-month closing high.


"There was profit-taking after three sessions of gains. But the momentum is still positive," said Citiseconline.com investment analyst Mark Alan Canizares.


                    [DatePublished] => 2006-01-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest