^
+ Follow GOVERNOR BUENAVENTURA Tag
GOVERNOR BUENAVENTURA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 243777
                    [Title] => Peso, market fall blamed on political mudslinging
                    [Summary] => President Arroyo, in yet another stinging tirade against her political enemies, blamed the current political mudslinging for the peso’s plunge to a historic low of 56.450 to the dollar at Monday’s close of trading.


"The transient lag in the peso signals an underlying fear that the opposition, by its politicking, is dragging us to the past and crushing our hopes for the future," she warned.
[DatePublished] => 2004-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 243136 [Title] => Releasing pressure [Summary] => Allowing transport groups to raise rates is often likened to opening a Pandora’s Box. There is fear that fare hikes would trigger a series of events that includes labor wage hikes and even spiraling inflation. One need not be reminded that just before the May polls, this constitutes a nightmare for administration candidates.

A fare hike per se does not actually always start a domino effect on the cost of other basic services and goods as past experience has shown. Actually, there are other pressure points that matter more at this point in time.
[DatePublished] => 2004-03-19 00:00:00 [ColumnID] => 133715 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 242150 [Title] => Emotional Erap interview [Summary] => Insiders revealed that when The Philippine STAR Publisher Max V. Soliven interviewed former President Estrada at his detention compound in Camp Capinpin, Erap started to tear and become very emotional during the last seven minutes of the program. The whole room was eerily quiet as everyone listened. Everyone from battle-hardened Max Soliven, the ANC TV crew, to the Sheriff were moved to tears. It was a highly-charged, emotional moment that presidential counselor David Gergen described as a "naked moment" in politics. [DatePublished] => 2004-03-11 00:00:00 [ColumnID] => 135728 [Focus] => 0 [AuthorID] => 1730160 [AuthorName] => S.A. Maguire [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 217830 [Title] => US business concerned over BSP chief’s suspension [Summary] => Executives of US businesses in the Philippines expressed concern over the one-year suspension imposed by the Court of Appeals to Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura.

Buenaventura has remained in his post and has announced plans to appeal the appellate court ruling last week that suspended him without pay for a year due to his decision to shutter a troubled bank three years ago.
[DatePublished] => 2003-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 171146 [Title] => Money-laundering law threshold cut to P500,000 [Summary] => President Arroyo and leaders of Congress agreed yesterday to lower the threshold amount of the Anti-Money Laundering Law from P4 million to P500,000 in compliance with a requirement of the Paris-based Financial Action Task Force (FATF).

The consensus was reached during a Legislative-Executive Development Advisory Council (LEDAC) meeting convened by the President at Malacañang.
[DatePublished] => 2002-08-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 152491 [Title] => FATF wants lower launder threshold [Summary] => The Paris-based Financial Action Task Force (FATF) has asked the Phi-lippines to strengthen its Anti-Money Laundering Law by lowering the P4-million threshold under which a suspicious account can be opened.

In a letter to Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura, the FATF pointed out that while the passage of the law was an important first step, more legal changes have to be made for the Philippines to be removed from a blacklist of countries seen as not doing enough to fight money laundering.
[DatePublished] => 2002-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 135639 [Title] => BSP, National Museum to launch new P50 note [Summary] => The National Museum of the Philippines and the Bangko Sentral ng Pilipinas (BSP) will launch a new P50 note on Oct. 5 in celebration of the National Museum Centennial.

Lawyer Armando Suratos, deputy governor of the Resource Management and Security Plant Complex, and Antonio Cojuangco, chairman of the National Museum Board of Trustees, will be the guests of honor.

They will be welcomed by acting executive director Cecilio Salcedo and staff of the National Museum.
[DatePublished] => 2001-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 96987 [Title] => BAP urges government to respect tenure of BSP governor [Summary] => The prestigious Bankers Association of the Philippines (BAP) has asked the Arroyo administration to respect the tenure of the Bangko Sentral ng Pilipinas (BSP) governor.

BAP president Placido Mapa said the term of office of the BSP governor must be accorded due respect as it enshrined in the Constitution.

"It is equally important that the international business community must perceive that the position is independent of the political arena," Mapa said during the Makati Business Club (MBC) meeting held yesterday.
[DatePublished] => 2001-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 96656 [Title] => Peso ends lower against dollar [Summary] => The peso ended lower yesterday at 51.04 against the dollar amid concerns over political uncertainty, dealers said.

President Estrada, however, gave assurance that the latest fall of the peso was just a "temporary " development due to a series of bomb attacks that rocked Manila at the weekend.

"I appeal to the businessmen to help one another here because if we don’t help each other, we all shall suffer, especially the poor people," the President said.
[DatePublished] => 2001-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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