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+ Follow CHIANG MAI INITIATIVE Tag
CHIANG MAI INITIATIVE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1514362
                    [Title] => Asean renews forex liquidity support program
                    [Summary] => 

The Association of Southeast Asian Nations (Asean) has renewed for the fifth time the short-term foreign exchange liquidity support for member countries experiencing balance of payments difficulties.

[DatePublished] => 2015-10-24 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151025/asean-renews-2.jpg ) [1] => Array ( [ArticleID] => 1342169 [Title] => A nation at risk [Summary] =>

UN and other sources make the Asia-Pacific region the world’s most disaster-prone area in the world. 

[DatePublished] => 2014-07-04 00:00:00 [ColumnID] => 134149 [Focus] => 0 [AuthorID] => 1804944 [AuthorName] => Roberto R. Romulo [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1004711 [Title] => ‘Phl firms not ready for Asean integration’ [Summary] =>

Philippine businesses are not prepared for the upcoming Association of Southeast Asian Nations (ASEAN) regional economic integration, according to BDO Unibank Inc. president Nestor Tan.

[DatePublished] => 2013-07-24 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => http://imageshack.us/a/img819/3674/gen5new.jpg ) [3] => Array ( [ArticleID] => 802984 [Title] => Asean+3 to double Chiang Mai initiative safety net to $240B [Summary] =>

Finance ministers and central bank heads of the 10-member Association of Southeast Asian Nations (ASEAN) along with China, South Korea and Japan or the so-called ASEAN + 3 yesterday met in Manila for its 15th annual meeting and agreed to double the amount of the group’s regional currency swap pool, known as the Chiang Mai Initiative Multilateralisation (CMIM) to $240 billion from the current $120 billion.

[DatePublished] => 2012-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 773005 [Title] => ASEAN+3 currency swap arrangement's research office officially opened [Summary] =>

The ASEAN+3 Macroeconomic Research Office was officially opened in Singapore on Tuesday as an independent macroeconomic surveillance unit of the Chiang Mai Initiative Multilateralization (CMIM) Agreement, the Monetary Authority of Singapore said.

[DatePublished] => 2012-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 560569 [Title] => $120 billion available under Chiang Mai Initiative - Asean central bank chiefs [Summary] =>

Finance ministers and central bank governors of the Association of Southeast Asian Nations (Asean), China, Japan, and Korea announced yesterday the availability of the $120-billion fund under the Chiang Mai Initiative to address the balance of payments and short-term liquidity difficulties in the region.

[DatePublished] => 2010-03-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 516012 [Title] => RP to push for $5-billion climate change adaptation fund for Asean [Summary] =>

President Arroyo will push for the setting up of a $5-billion Asean climate change adaptation fund to strengthen defenses of member states against severe weather disturbances and allow them to respond quickly to disasters.

[DatePublished] => 2009-10-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 480013 [Title] => RP, Japan enter into new talks on currency swap [Summary] =>

The Philippines has entered into discussions with Japan for the possibility of opening a new bilateral currency swap agreement that would supplement the facility provided by the Chiang Mai Initiative.

[DatePublished] => 2009-06-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 472398 [Title] => GMA off to Korea [Summary] =>

MANILA, Philippines – Neither the threat of an attack by North Korea nor the spread of the Influenza A(H1N1) virus could stop President Arroyo from leaving today for a visit to South Korea.

[DatePublished] => 2009-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => [SectionUrl] => [URL] => ) [9] => Array ( [ArticleID] => 470242 [Title] => GMA off to Korea [Summary] =>

MANILA, Philippines – President Arroyo will visit the Republic of Korea on May 30 to June 2, upon the invitation of South Korean President Lee Myung Bak, the Department of Foreign Affairs (DFA) announced yesterday.

[DatePublished] => 2009-05-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804865 [AuthorName] => Pia Lee-Brago [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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