^
+ Follow CLEMENTE JR. Tag
CLEMENTE JR.
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1253602
                    [Title] => Sundalo dinedo ng naka-motorsiklo
                    [Summary] => 

Isang miyembro ng Philippine Army ang binaril sa leeg ng dalawang lalaki na sakay ng isang motorsiklo habang ang una ay magpaparada ng kanyang motorsiklo kamakalawa ng gabi sa Cubao, Quezon City.

[DatePublished] => 2013-11-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805066 [AuthorName] => Ricky ­Tulipat [SectionName] => Police Metro [SectionUrl] => police-metro [URL] => ) [1] => Array ( [ArticleID] => 255733 [Title] => Thrift banks want changes in auto loan valuations [Summary] => The country’s thrift banking system is seeking the relaxation of some regulations regarding auto loan valuations and cash services.

In a number of position papers submitted to the Bangko Sentral ng Pilipinas (BSP), banks want an 80-percent loan-to-value (LTV) ratio for auto loans and the lowering of requirements for deposit pick-up/cash delivery services.
[DatePublished] => 2004-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 254987 [Title] => Thrift banks press exemption from GRT, VAT on FCDU accts [Summary] => The Chamber of Thrift Banks (CTB) stressed yesterday that FCDU (foreign currency deposit units) transactions are exempted from the gross receipts tax (GRT) and the value-added tax (VAT).

"In fact, the President signed into law Republic Act (RA) 9294 which made it clear the tax exemptions of FCDUs and OBUs (overseas banking units) during the drafting of the Comprehensive Tax Reform Act of 1997," CTB president Tomas V. Clemente Jr. said in a letter to Bureau of Internal Revenue (BIR) commissioner Guillermo L. Parayno Jr.
[DatePublished] => 2004-06-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 237483 [Title] => Further consolidations, downgrades seen [Summary] => Industry leaders of the thrift and savings banking sector has sadly forecast further consolidation and reclassification of the sector as high levels of non-performing loans (NPLs), poor economic activity and regulatory requirements continue to weigh heavily on the nearly 90 industry players.

Planters Bank president and chief operating officer Ma. Flordelis F. Aguenza admitted that most of the banks either commercial banks (KBs), thrift banks (TBs) and rural banks (RBs) suffered from the 1997 Asian financial crisis.
[DatePublished] => 2004-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 234986 [Title] => Luzon Development Bank gross income hit P35M [Summary] => The Luzon Development Bank (LDB) recorded a gross income of P35 million last year, or over a 25-percent drop from the P44 million recorded in 2002.

However, the drop was due mainly to increased provisioning for loan losses of up to P14 million.

Bank president Tom V. Clemente Jr. explained that the after tax income figure could only be 10 to 15 percent lower than the net income recorded in 2002. Exact figures were still unavailable as of presstime.
[DatePublished] => 2004-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with