+ Follow JOSE MARIO CUYEGKENG Tag
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[ArticleID] => 1039421
[Title] => BSP on wait-and-see stance after US Fed maintains key rates
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is in a wait-and-see mode for now as local investors are not expected to react to the United States Federal Reserve’s latest affirmation of low interest rates and continued stimulus.
[DatePublished] => 2013-08-01 14:19:31
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[SectionName] => Business
[SectionUrl] => business
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[ArticleID] => 83064
[Title] => Peso closes at 1-yr low as dollar surges
[Summary] =>
The peso slumped yesterday to its lowest level in nearly one year as the dollar continued to gain ground against most currencies in the region.
[DatePublished] => 2008-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
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[ArticleID] => 365379
[Title] => Election spending to spur economic activity
[Summary] =>
Next year’s election spending is expected to generate economic activity in order to offset the decrease in exports, a Singapore based economist said yesterday.
Jose Mario Cuyegkeng, senior economist of ING Bank said the growth in exports this year will not be duplicated in 2007 as the world economy slows down.
"Global environment is not growing as fast this year," Cuyegkeng told members of the Financial Executives Association of the Philippines (Finex) at a conference in New World Hotel.
[DatePublished] => 2006-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 295394
[Title] => August inflation rises to 7.2%; BSP may hike rates
[Summary] => The country’s inflation rate accelerated to a higher-than-expected 7.2 percent in August as global oil prices surged to record levels, prompting a Bangko Sentral ng Pilipinas (BSP) warning that interest rates may be raised.
The National Statistics Office (NSO) reported yesterday that the increase in consumer price index topped the BSP’s forecast range of between 6.6 and 7.1 percent for August. Inflation stood at 7.1 percent in July.
[DatePublished] => 2005-09-07 00:00:00
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[ArticleID] => 280072
[Title] => BSP seen leaving interest rates unchanged
[Summary] => The Philippine central bank is expected to keep interest rates steady at a regular policy meeting today as it steers a course between a slowing economy on the one hand and inflationary pressures on the other.
The Bangko Sentral ng Pilipinas, which favors an accommodative monetary policy to stimulate economic growth, raised rates by a quarter of a point on April 7 — its first rate change in nearly two years — in response to rising inflationary pressure.
Its overnight borrowing rate is now seven percent and its lending rate 9.25 percent.
[DatePublished] => 2005-06-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1721149
[AuthorName] => Rosemarie Francisco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
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[ArticleID] => 272840
[Title] => Inflation stays steady at 8.5% in March
[Summary] => Consumer prices, stoked by rocketing costs of oil, rose 8.5 percent in March, the same as February and in line with official and analysts’ forecasts, the National Statistics Office (NSO) reported yesterday.
While at the top end of the Bangko Sentral ng Pilipinas (BSP) forecast range, economists said the slower pace of increases in prices of food, beverages, tobacco, fuel and water meant the BSP had room to leave rates unchanged at Thursday’s meeting.
[DatePublished] => 2005-04-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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JOSE MARIO CUYEGKENG
Array
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[0] => Array
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[ArticleID] => 1039421
[Title] => BSP on wait-and-see stance after US Fed maintains key rates
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is in a wait-and-see mode for now as local investors are not expected to react to the United States Federal Reserve’s latest affirmation of low interest rates and continued stimulus.
[DatePublished] => 2013-08-01 14:19:31
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 83064
[Title] => Peso closes at 1-yr low as dollar surges
[Summary] =>
The peso slumped yesterday to its lowest level in nearly one year as the dollar continued to gain ground against most currencies in the region.
[DatePublished] => 2008-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 365379
[Title] => Election spending to spur economic activity
[Summary] =>
Next year’s election spending is expected to generate economic activity in order to offset the decrease in exports, a Singapore based economist said yesterday.
Jose Mario Cuyegkeng, senior economist of ING Bank said the growth in exports this year will not be duplicated in 2007 as the world economy slows down.
"Global environment is not growing as fast this year," Cuyegkeng told members of the Financial Executives Association of the Philippines (Finex) at a conference in New World Hotel.
[DatePublished] => 2006-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 295394
[Title] => August inflation rises to 7.2%; BSP may hike rates
[Summary] => The country’s inflation rate accelerated to a higher-than-expected 7.2 percent in August as global oil prices surged to record levels, prompting a Bangko Sentral ng Pilipinas (BSP) warning that interest rates may be raised.
The National Statistics Office (NSO) reported yesterday that the increase in consumer price index topped the BSP’s forecast range of between 6.6 and 7.1 percent for August. Inflation stood at 7.1 percent in July.
[DatePublished] => 2005-09-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 280072
[Title] => BSP seen leaving interest rates unchanged
[Summary] => The Philippine central bank is expected to keep interest rates steady at a regular policy meeting today as it steers a course between a slowing economy on the one hand and inflationary pressures on the other.
The Bangko Sentral ng Pilipinas, which favors an accommodative monetary policy to stimulate economic growth, raised rates by a quarter of a point on April 7 — its first rate change in nearly two years — in response to rising inflationary pressure.
Its overnight borrowing rate is now seven percent and its lending rate 9.25 percent.
[DatePublished] => 2005-06-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1721149
[AuthorName] => Rosemarie Francisco
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 272840
[Title] => Inflation stays steady at 8.5% in March
[Summary] => Consumer prices, stoked by rocketing costs of oil, rose 8.5 percent in March, the same as February and in line with official and analysts’ forecasts, the National Statistics Office (NSO) reported yesterday.
While at the top end of the Bangko Sentral ng Pilipinas (BSP) forecast range, economists said the slower pace of increases in prices of food, beverages, tobacco, fuel and water meant the BSP had room to leave rates unchanged at Thursday’s meeting.
[DatePublished] => 2005-04-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
September 7, 2005 - 12:00am
