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+ Follow BETTY GO BELMONTE AND EUGENIA APOSTOL Tag
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[Title] => Soliven dies in Japan
[Summary] => At six oclock last Thursday evening, Max Soliven called The STAR newsdesk from Tokyo to ask, as he always did when he was away on a trip, "Whats the big news there?"
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BETTY GO BELMONTE AND EUGENIA APOSTOL
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[Title] => Soliven dies in Japan
[Summary] => At six oclock last Thursday evening, Max Soliven called The STAR newsdesk from Tokyo to ask, as he always did when he was away on a trip, "Whats the big news there?"
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abtest
By Doreen G. Yu | November 25, 2006 - 12:00am
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Banks’ exposure to real estate declined in the first quarter as lenders kept a more measured approach to credit allocation in the sector amid tighter financial conditions, according to the Bangko Sentral ng Pilipinas.
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The Philippines may find it more difficult to manage its current account as weak manufacturing, underdeveloped agriculture, import dependence and emerging global risks continue to weigh on the country’s external position, according to the Bangko Sentral ng Pilipinas.
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Foreign direct investment (FDI) net inflows climbed to $611 million in March from a year earlier, driven by higher investments across equity capital, reinvested earnings and debt instruments, according to the Bangko Sentral ng Pilipinas. Preliminary data from the BSP showed that FDI net inflows increased by 26 percent to $611 million in March from $485 million in the
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Inflation may have peaked after easing in May, but underlying price pressures are still building, keeping the Bangko Sentral ng Pilipinas under pressure to tighten policy further, economists said.
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The Bangko Sentral ng Pilipinas (BSP) said it is prepared to take the necessary policy action to bring inflation back to its three-percent target, even after price growth eased more than expected in May.
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