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                    [ArticleID] => 259468
                    [Title] => Korean bank urges nationals to review business interests in RP
                    [Summary] => The Korea Exchange Bank (KEB) has advised Korean businessmen "to take a second long look and reconsider doing business in the Philippines," a top bank official said.


"There are no limitations in doing business in Manila. In fact, we have major ongoing investments such as LG Electronics and the Kepco power plant in Ilijan, Batangas as well as proposed investments in the Malampaya natural gas fields and Samsung in several infrastructure projects here," KEB Manila general manager Seung Kwon Kim said.


                    [DatePublished] => 2004-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 137026
                    [Title] => Banks want scheme to recover bad loans
                    [Summary] => With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans.


Banking experts said that more mature markets in developed economies have long developed mechanisms by which banks are still able to recover non-performing loans.


Development Bank of the Philippines (DBP) chairman Vitaliano Nañagas II, said schemes such as asset management would emerge naturally as the banking sector evolves and matures.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 130582
                    [Title] => Foreign investors still upbeat on RP
                    [Summary] => Despite the continued unpredictability of the currency exchange rate, foreign investors are becoming more and more optimistic about investment prospects in the country as the Arroyo administration struggles to contain the economic and political uncertainties.


Investors looking for havens in Asia are being lured by China but others said the Philippines was emerging as one of the more favorable locations despite the pessimism of most local investors.


                    [DatePublished] => 2001-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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LONE STAR FUND

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 259468
                    [Title] => Korean bank urges nationals to review business interests in RP
                    [Summary] => The Korea Exchange Bank (KEB) has advised Korean businessmen "to take a second long look and reconsider doing business in the Philippines," a top bank official said.


"There are no limitations in doing business in Manila. In fact, we have major ongoing investments such as LG Electronics and the Kepco power plant in Ilijan, Batangas as well as proposed investments in the Malampaya natural gas fields and Samsung in several infrastructure projects here," KEB Manila general manager Seung Kwon Kim said.


                    [DatePublished] => 2004-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 137026
                    [Title] => Banks want scheme to recover bad loans
                    [Summary] => With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans.


Banking experts said that more mature markets in developed economies have long developed mechanisms by which banks are still able to recover non-performing loans.


Development Bank of the Philippines (DBP) chairman Vitaliano Nañagas II, said schemes such as asset management would emerge naturally as the banking sector evolves and matures.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 130582
                    [Title] => Foreign investors still upbeat on RP
                    [Summary] => Despite the continued unpredictability of the currency exchange rate, foreign investors are becoming more and more optimistic about investment prospects in the country as the Arroyo administration struggles to contain the economic and political uncertainties.


Investors looking for havens in Asia are being lured by China but others said the Philippines was emerging as one of the more favorable locations despite the pessimism of most local investors.


                    [DatePublished] => 2001-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Korean bank urges nationals to review business interests in RP

By Ted P. Torres | July 31, 2004 - 12:00am

The Korea Exchange Bank (KEB) has advised Korean businessmen "to take a second long look and reconsider doing business in the Philippines," a top bank official said. "There are no limitations in doing...

Business

Banks want scheme to recover bad loans

By Des Ferriols | October 18, 2001 - 12:00am

With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans. Banking experts said that...

Business

Foreign investors still upbeat on RP

By Des Ferriols | August 19, 2001 - 12:00am

Despite the continued unpredictability of the currency exchange rate, foreign investors are becoming more and more optimistic about investment prospects in the country as the Arroyo administration struggles to contain...

Business