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                    [ArticleID] => 101084
                    [Title] => Foreign investors worried over reforms in RP
                    [Summary] => 

The government must ensure the passage of the promised reforms in the  capital
markets and power sector if it wants to tap the international capital markets
again this year.

Finance Undersecretary Joel Banares, who has just returned after  successfully
conducting a roadshow of the government's recent $1.6 billion Global bond
offering, warned  that  "foreign investors are very concerned  about the
promised reforms."

"If we don't (pass the reforms), we lose  our credibility and it is so hard to
go back," Banares said, adding that "if the government loses its credibility by
no
                    [DatePublished] => 2000-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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SECURITIES REFORM ACT

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                    [ArticleID] => 101084
                    [Title] => Foreign investors worried over reforms in RP
                    [Summary] => 

The government must ensure the passage of the promised reforms in the  capital
markets and power sector if it wants to tap the international capital markets
again this year.

Finance Undersecretary Joel Banares, who has just returned after  successfully
conducting a roadshow of the government's recent $1.6 billion Global bond
offering, warned  that  "foreign investors are very concerned  about the
promised reforms."

"If we don't (pass the reforms), we lose  our credibility and it is so hard to
go back," Banares said, adding that "if the government loses its credibility by
no
                    [DatePublished] => 2000-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Foreign investors worried over reforms in RP

By Marianne V. Go | March 16, 2000 - 12:00am

The government must ensure the passage of the promised reforms in the capital markets and power sector if it wants to tap the international capital markets again this year. Finance Undersecretary Joel Banares,...

Business