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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 304319 [Title] => ADB ready to launch more peso bonds [Summary] => The Asian Development Bank (ADB) is ready to sell more peso-denominated zero-coupon bonds should there be additional demand for peso loans in the country.
ADB country director for the Philippines Tom Crouch said that the P2.5 billion zero-coupon bond launched last Friday could have been launched two years ago.
The P2.5 billion peso-denominated bond was the fifth in the region in collaboration with the ADB. The earlier successful bond floats were in India, Malaysia, the Peoples Republic of China, and Thailand.
[DatePublished] => 2005-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 222649 [Title] => ADB to invest $25M on acquisition of RP banks bad assets [Summary] => The Asian Development Bank (ADB) is ready to invest up to $25 million for the formation of an asset management company (AMC) which would acquire the bad assets of local banks.
ADB country director for the Philippines Tom Crouch said the multilateral agency is interested to invest either through equity partnership or loan releases.
"We are allowed by our regulations to make investments of $25 million or 25 percent of the total project cost in a private sector activity," Crouch said.
[DatePublished] => 2003-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 211412 [Title] => ADB trims RP growth forecast for this year [Summary] => The Asian Development Bank (ADB) has scaled down its growth forecast for the Philippines gross domestic product (GDP) from four percent to just 3.2 to 3.8 percent. [DatePublished] => 2003-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINES TOM CROUCH
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 304319 [Title] => ADB ready to launch more peso bonds [Summary] => The Asian Development Bank (ADB) is ready to sell more peso-denominated zero-coupon bonds should there be additional demand for peso loans in the country.
ADB country director for the Philippines Tom Crouch said that the P2.5 billion zero-coupon bond launched last Friday could have been launched two years ago.
The P2.5 billion peso-denominated bond was the fifth in the region in collaboration with the ADB. The earlier successful bond floats were in India, Malaysia, the Peoples Republic of China, and Thailand.
[DatePublished] => 2005-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 222649 [Title] => ADB to invest $25M on acquisition of RP banks bad assets [Summary] => The Asian Development Bank (ADB) is ready to invest up to $25 million for the formation of an asset management company (AMC) which would acquire the bad assets of local banks.
ADB country director for the Philippines Tom Crouch said the multilateral agency is interested to invest either through equity partnership or loan releases.
"We are allowed by our regulations to make investments of $25 million or 25 percent of the total project cost in a private sector activity," Crouch said.
[DatePublished] => 2003-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 211412 [Title] => ADB trims RP growth forecast for this year [Summary] => The Asian Development Bank (ADB) has scaled down its growth forecast for the Philippines gross domestic product (GDP) from four percent to just 3.2 to 3.8 percent. [DatePublished] => 2003-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Ted P. Torres | October 30, 2005 - 12:00am
By Ted P. Torres | October 1, 2003 - 12:00am
By Ted P. Torres | June 26, 2003 - 12:00am
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