+ Follow JOJO GONZALES Tag
JOJO GONZALES
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[ArticleID] => 1525135
[Title] => Sustained government spending to ease calls for tax cuts
[Summary] => Philippine Equity Partners Inc. (PEP), the research partner of Bank of America Merrill Lynch, believes calls for the Aquino administration to cut tax rates would recede as government spending continues to pick up.
[DatePublished] => 2015-11-23 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151124/Government-spending-3.jpg
)
[1] => Array
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[ArticleID] => 920129
[Title] => SDA cut to tame capital inflows
[Summary] => The latest cut on special deposit account rates (SDA) is targeted at taming capital inflows that continued to push the peso up and hence, another round of easing could not be discounted, analysts said.
[DatePublished] => 2013-03-16 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
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[ArticleID] => 610493
[Title] => Benign inflation gives BSP more room to keep rates at record lows
[Summary] => Economists and analysts are convinced that the benign inflation has given monetary authorities enough elbow room to keep its key policy rates at record lows at least until the end of the year.
[DatePublished] => 2010-09-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 469626
[Title] => Budget deficit seen to remain at P200 billion
[Summary] => MANILA, Philippines - Despite the revenue drop in April, analysts said the budget deficit of the Arroyo administration would remain at P200 billion this year although spending might have to slow down unless revenues actually improve.
[DatePublished] => 2009-05-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
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[ArticleID] => 383965
[Title] => Stocks end 1.21 percent lower on continued profit-taking
[Summary] =>
Share prices closed 1.21 percent lower yesterday with investors taking profits after the market recently hit its highest level in nearly a decade, dealers said.
They said such a correction was to be expected and positive as it will allow investors to pocket some profits and then come back in.
The composite index fell 39.58 points at 3,232.39 after trading between 3,231.45 and 3,284.95.
The broader all-share index fell 20.89 points to 2,040.29.
Losers led gainers 68 to 41, with 61 stocks unchanged.
[DatePublished] => 2007-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[5] => Array
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[ArticleID] => 367596
[Title] => Bank merger, strong Q3 results propel stocks to new 9-year high
[Summary] =>
Share prices rose to a fresh nine-year high yesterday, buoyed by robust third quarter corporate results and news of a major merger in the banking sector, dealers said.
They said stocks climbed, led by Equitable PCI Bank and Banco de Oro after they announced their merger to form the nation’s second-largest lender by assets.
Other issues rose after the government said inflation was at its slowest pace in more than two years and as the yield of the Benchmark Treasury bill that banks use to price loans fell to a six-month low.
[DatePublished] => 2006-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
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[ArticleID] => 332295
[Title] => Market drifts listlessly in cautious trading
[Summary] => Share prices closed flat yesterday after a listless session marked by profit-taking in overbought stocks, dealers said.
After opening higher following Wall Street’s rally overnight, activity eased off as investors exercised caution with crude oil prices hovering at record levels and looking to go higher still on concerns about Iran’s nuclear program.
The composite index was down 1.99 points to 2,223.73 after trading between 2,218.46 and 2,233.29. Volume was 6.359 billion shares worth P1.520 billion.
[DatePublished] => 2006-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
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[ArticleID] => 297951
[Title] => Market climbs for fourth straight session on bargain hunting
[Summary] => Share prices closed 1.33 percent higher yesterday, extending gains for a fourth straight session on the back of selective bargain hunting in the blue chips, dealers said.
They said, however, that volume was thin ahead of an anti-government rally in the Makati financial district and on expectations the Bangko Sentral ng Pilipinas (BSP) will hike interest rates soon, possibly today.
[DatePublished] => 2005-09-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 278041
[Title] => RP stock market is best performer in Asia since January
[Summary] => Despite slowing from its peak performance in early March, the Philippine stock market remained the best performing bourse in Asia with the main index growing 9.2 percent in dollar terms.
Based on stock prices as of May 11 this year, the Philipine Stock Exchange (PSE) composite index maintained its lead among its Asian counterparts since January based on dollar terms.
On second place was South Korea, which grew 3.1 percent followed by Indonesia (5.8 percent), Singapore (4.6 percent) and Thailand (2.2 percent).
[DatePublished] => 2005-05-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
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[ArticleID] => 237548
[Title] => Jan inflation seen to rise to 3.1%
[Summary] => Philippine consumer prices likely rose 3.1 percent in the year to January, a pace unchanged from a month earlier but faster than the 2.7-percent rise in the year through January 2003, according to a Reuters survey.
Most of the analysts from six financial and research houses expected inflation to pick up in the months ahead as the election campaign ahead of the May 10 polls gives consumption a boost.
[DatePublished] => 2004-02-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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February 8, 2007 - 12:00am
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September 22, 2005 - 12:00am
February 4, 2004 - 12:00am
