^
+ Follow JOSHUA FELMAN Tag
JOSHUA FELMAN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 211452
                    [Title] => IMF to evaluate RP’s data reports
                    [Summary] => The International Monetary Fund (IMF) is sending a mission to the Philippines to evaluate the country’s compliance with internationally accepted standards and codes on reporting economic data. 


Sources from the Bangko Sentral ng Pilipinas (BSP) said the IMF is sending a seven-man team headed by senior advisor Jose Roberto Rosales to meet with Philippine economic, finance and monetary officials in September.
[DatePublished] => 2003-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 204172 [Title] => Despite SARS, IMF to send mission to RP [Summary] => Despite the SARS scare, the International Monetary Fund (IMF) has decided to send its mission to the Philippines for the post-program monitoring (PPM) review on Monday.

The IMF announced yesterday that the mission, to be headed by senior IMF adviser Masahiko Takeda, will conduct the annual review along with former IMF resident representative Sean Nolan who was earlier named as the replacement for former head of mission Joshua Felman.
[DatePublished] => 2003-04-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 203218 [Title] => IMF may defer visit to RP due to SARS [Summary] => The International Monetary Fund (IMF) may postpone its post-program monitoring mission to the Philippines that was originally scheduled in May due to lingering fears over the uncontrolled spread of the Severe Acute Respiratory Syndrome (SARS) throughout Asia.

Sources told reporters that the IMF was "lukewarm" on the forthcoming mission, an annual review of the country’s overall economic performance headed by the new head of mission, Sean Nolan.
[DatePublished] => 2003-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 203063 [Title] => RP can draw up own economic program without IMF, says BSP [Summary] => The Bangko Sentral ng Pilipinas (BSP) said the country is perfectly capable of drawing up its own economic program to achieve growth without supervision by any international agency, including the International Monetary Fund (IMF). [DatePublished] => 2003-04-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 199274 [Title] => Nolan heads IMF mission to RP [Summary] => The International Monetary Fund (IMF) has named its former resident representative Sean Nolan as head of its Philippine mission following the recall of former mission head Joshua Felman.

Washington sources revealed over the weekend that the IMF has temporarily assigned Nolan to head the IMF’s Philippine mission until a permanent replacement has been found.
[DatePublished] => 2003-03-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 197431 [Title] => Government asks IMF to replace its chief of mission in RP [Summary] => The Philippine government has officially asked for the removal of Joshua Felman, chief of the International Monetary Fund’s (IMF) Philippine mission, for his alleged involvement in the fiasco involving investment bank UBS Warburg, a well-placed source said over the weekend.

The IMF is currently represented in the Philippines by Vikram Haksar but Felman is the official head of mission who visits the country several times a year to oversee the conduct of key evaluation missions, including the so-called Article IV review or post program monitoring.
[DatePublished] => 2003-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 188360 [Title] => IMF wants gov’t to impose tax on text messaging [Summary] => The International Monetary Fund (IMF) said it was critical for the Arroyo administration to implement short-term tax reforms to diversify its tax base, including the imposition of an excise tax on text messages.

Concluding a ten-day post-program monitoring review, the IMF mission headed by Joshua Felman presented its recommendations, saying that 2003 would be "challenging," compounded by the continued erosion of the government’s tax base.
[DatePublished] => 2002-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 165934 [Title] => IMF wants mergers, too [Summary] => The International Monetary Fund (IMF) wants more mergers in the country’s banking system.

IMF team leader Joshua Felman added that they want banks to improve their balance sheets "which have become increasingly burdened by their non-performing assets (NPAs)."

Felman added that they want monetary authorities to press Philippine banks "to add more equity to their coffers, to initiate more mergers, and entertain more buyers."
[DatePublished] => 2002-06-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 165630 [Title] => IMF backs procurement bill [Summary] => The International Monetary Fund (IMF) expressed support for the passage of the proposed procurement law. House Bill (HB) 4809, "An Act Providing for the Modernization... [DatePublished] => 2002-06-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 164930 [Title] => IMF: No abrupt power rate cuts [Summary] => The International Monetary Fund (IMF), in remarks made available yesterday, has warned the Philippines against abrupt cuts in electricity charges.

IMF mission head Joshua Felman said the government "needs to pull off a delicate balancing act" in order to bring down power rates while giving investors a fair deal.

He said the government must take into account the "looming power shortage" that could hit the country if it does not attract new investors to set up power plants to replace aging ones.
[DatePublished] => 2002-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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