^
+ Follow MEXICO AND INDIA Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 319298
                    [Title] => Economy grows 5.1% in 2005
                    [Summary] => Weak farm output and high oil prices capped the country’s economic growth at 5.1 percent in 2005, just below the government’s target of 5.3 percent growth. 


But the figure was better than most private sector forecasts of below five percent, leading government officials to expect gross domestic product (GDP) to meet the earlier forecast of between 5.7-and 6.3-percent growth this year.
[DatePublished] => 2006-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 316481 [Title] => OFW remittances hit $9.7B in 11 months [Summary] => Filipinos abroad sent home $895 million in November,bringing the 11-month total up by a strong 26.6 percent to $9.7 billion, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

The November inflow was nearly 22 percent higher than a year ago level.

For the whole of 2005, the BSP expects total remittances to hit $10.7 billion as the country deployed more workers abroad, especially highly-skilled and highly-paid land and sea-based workers
[DatePublished] => 2006-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 314997 [Title] => Peso continues New Year rally, hits high of 52.57:$1 [Summary] => The peso continued its New Year rally yesterday, hitting an intraday high of 52.570 to the dollar on the back of fresh dollar remittances from overseas Filipino workers (OFWs) and a positive fiscal outlook for this year.

Analysts said a smaller deficit increases the country’s chances of getting a higher credit rating that will lower borrowing costs for the government and companies.

The peso closed at 52.660 to the dollar, posting its strongest finish since the 52.650 on May 21, 2003. It was also 17.50 centavos higher than Monday’s close of 52.835 to $1. [DatePublished] => 2006-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) [4] => Array ( [ArticleID] => 310810 [Title] => Peso gains anew on OFW inflows [Summary] => The peso strengthened anew yesterday, breaking past the 54 to a dollar barrier on speculation Filipinos working abroad are increasing the amount of money they send home for the yearend holiday season.

At the Philippine Dealing System (PDS), the peso gained 18 centavos to settle at 53.975 from Friday’s close of 54.155 to $1.

The last time the peso touched the 53 level was on Nov. 29 when it closed at 53.945 to the dollar.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 302464 [Title] => RBs junking parochial mentality [Summary] => The Rural Bankers Association of the Philippines (RBAP) is determined to strengthen the sector by professionalizing its member banks, expanding the services overseas, forge partnerships with regulators and private sector players, expand further its participation in lending to the microfinance sector, and strengthen its capital base. [DatePublished] => 2005-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 302210 [Title] => NEDA confident RP economy will grow 5.3% this yr [Summary] => The National Economic and Development Authority (NEDA) is confident that the Philippine economy will grow by 5.3 percent this year despite forecasts of continued increases in the world crude prices. For the next year, the NEDA forecast is for a 6.3- percent growth.

At the start of 2005, the target was set at a broad range of 5.7 to 6.7 percent before the world oil prices consistently broke all price ceilings. The growth targets was trimmed to 5.3 percent after the first semester.
[DatePublished] => 2005-10-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 301850 [Title] => OFW inflows hit record high of $956M in August [Summary] => Filipinos working abroad sent home a record $956 million in August, bringing total remittances for the first eight months of 2005 to $7 billion, a 28-percent increase from a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

BSP Governor Amando Tetangco Jr. said the "vigorous marketing campaign" of commercial banks to encourage more Filipinos to send their money back home through official banking channels accounted for the increase, along with the growing number of Filipinos who are going abroad to work.
[DatePublished] => 2005-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 257850 [Title] => ICT Group acquires US data firm to expand BPO services [Summary] => US-based ICT Group, a leading global provider of integrated customer relationship management (CRM) solutions, has acquired data capture company DPS Data Group, LLC, of Wilmington, Delaware to help further expand its business process outsourcing (BPO) services capabilities.

The company is planning to use resources at its Philippine and other global contact center operations to support its BPO business. Currently, ICT is supporting 14 separate sales and service programs for eight different clients from its existing facilities in Makati City and Ortigas.
[DatePublished] => 2004-07-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MEXICO AND INDIA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 319298
                    [Title] => Economy grows 5.1% in 2005
                    [Summary] => Weak farm output and high oil prices capped the country’s economic growth at 5.1 percent in 2005, just below the government’s target of 5.3 percent growth. 


But the figure was better than most private sector forecasts of below five percent, leading government officials to expect gross domestic product (GDP) to meet the earlier forecast of between 5.7-and 6.3-percent growth this year.
[DatePublished] => 2006-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 316481 [Title] => OFW remittances hit $9.7B in 11 months [Summary] => Filipinos abroad sent home $895 million in November,bringing the 11-month total up by a strong 26.6 percent to $9.7 billion, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

The November inflow was nearly 22 percent higher than a year ago level.

For the whole of 2005, the BSP expects total remittances to hit $10.7 billion as the country deployed more workers abroad, especially highly-skilled and highly-paid land and sea-based workers
[DatePublished] => 2006-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 314997 [Title] => Peso continues New Year rally, hits high of 52.57:$1 [Summary] => The peso continued its New Year rally yesterday, hitting an intraday high of 52.570 to the dollar on the back of fresh dollar remittances from overseas Filipino workers (OFWs) and a positive fiscal outlook for this year.

Analysts said a smaller deficit increases the country’s chances of getting a higher credit rating that will lower borrowing costs for the government and companies.

The peso closed at 52.660 to the dollar, posting its strongest finish since the 52.650 on May 21, 2003. It was also 17.50 centavos higher than Monday’s close of 52.835 to $1. [DatePublished] => 2006-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) [4] => Array ( [ArticleID] => 310810 [Title] => Peso gains anew on OFW inflows [Summary] => The peso strengthened anew yesterday, breaking past the 54 to a dollar barrier on speculation Filipinos working abroad are increasing the amount of money they send home for the yearend holiday season.

At the Philippine Dealing System (PDS), the peso gained 18 centavos to settle at 53.975 from Friday’s close of 54.155 to $1.

The last time the peso touched the 53 level was on Nov. 29 when it closed at 53.945 to the dollar.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 302464 [Title] => RBs junking parochial mentality [Summary] => The Rural Bankers Association of the Philippines (RBAP) is determined to strengthen the sector by professionalizing its member banks, expanding the services overseas, forge partnerships with regulators and private sector players, expand further its participation in lending to the microfinance sector, and strengthen its capital base. [DatePublished] => 2005-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 302210 [Title] => NEDA confident RP economy will grow 5.3% this yr [Summary] => The National Economic and Development Authority (NEDA) is confident that the Philippine economy will grow by 5.3 percent this year despite forecasts of continued increases in the world crude prices. For the next year, the NEDA forecast is for a 6.3- percent growth.

At the start of 2005, the target was set at a broad range of 5.7 to 6.7 percent before the world oil prices consistently broke all price ceilings. The growth targets was trimmed to 5.3 percent after the first semester.
[DatePublished] => 2005-10-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 301850 [Title] => OFW inflows hit record high of $956M in August [Summary] => Filipinos working abroad sent home a record $956 million in August, bringing total remittances for the first eight months of 2005 to $7 billion, a 28-percent increase from a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

BSP Governor Amando Tetangco Jr. said the "vigorous marketing campaign" of commercial banks to encourage more Filipinos to send their money back home through official banking channels accounted for the increase, along with the growing number of Filipinos who are going abroad to work.
[DatePublished] => 2005-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 257850 [Title] => ICT Group acquires US data firm to expand BPO services [Summary] => US-based ICT Group, a leading global provider of integrated customer relationship management (CRM) solutions, has acquired data capture company DPS Data Group, LLC, of Wilmington, Delaware to help further expand its business process outsourcing (BPO) services capabilities.

The company is planning to use resources at its Philippine and other global contact center operations to support its BPO business. Currently, ICT is supporting 14 separate sales and service programs for eight different clients from its existing facilities in Makati City and Ortigas.
[DatePublished] => 2004-07-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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