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+ Follow MASAHIKO TAKEDA Tag
MASAHIKO TAKEDA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 799342
                    [Title] => Further monetary easing not urgent - IMF
                    [Summary] => 

Further monetary easing is not an urgent need for the Philippines as the central bank has room to wait for more news on economic growth.

[DatePublished] => 2012-04-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1379229 [AuthorName] => Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 359825 [Title] => Investor interest in RP rising, says DOF [Summary] => As the government’s fiscal position improved steadily over the last three quarters, investor interest in the Philippines is rising again, Finance officials said yesterday.

Coming from a series of meetings with various foreign investor groups in Singapore last week, National Treasurer Omar Cruz told reporters that investors who have thus far adopted a wait-and-see attitude are now actively enthusiastic over the Philippine market.
[DatePublished] => 2006-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 359690 [Title] => IMF urges developing nations to control widening gap between rich and poor [Summary] => Governments need to take active control of the widening divide between the rich and the poor in developing Asian economies, the International Monetary Fund (IMF) said.

With the growing possibility of rising poverty as economies expand, the IMF said policies should actively address the income disparity through progressive taxation and allow governments to facilitate better income distribution.
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 359293 [Title] => Effects of Thai coup contained, says IMF [Summary] => The impact of the leadership crisis in Thailand appeared to be contained, the International Monetary Fund (IMF) said yesterday, adding that investor confidence appeared to be differentiating between specific emerging Asian markets.

The IMF said that after the market correction in May and June this year, emerging markets in Asia demonstrated resilience and immediately bounced back.

IMF senior adviser Masahiko Takeda said the Philippines, in particular, showed stronger rebound than other emerging economies in the region.
[DatePublished] => 2006-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 310192 [Title] => IMF to RP: Consolidate, rationalize fiscal perks [Summary] => The International Monetary Fund (IMF) said the Philippine government needs to consolidate and rationalize its fiscal incentives over the medium term but it would be up to the authorities how they intended to do it.

According to the IMF, the government need not focus on giving industries fiscal incentives since the money could be better spent providing basic support that improve competitiveness over the long term.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 310397 [Title] => IMF to RP: Consolidate, rationalize fiscal perks [Summary] => The International Monetary Fund (IMF) said the Philippine government needs to consolidate and rationalize its fiscal incentives over the medium term but it would be up to the authorities how they intended to do it.

According to the IMF, the government need not focus on giving industries fiscal incentives since the money could be better spent providing basic support that improve competitiveness over the long term.
[DatePublished] => 2005-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 308250 [Title] => No need for RP to take further policy action amid rising oil prices — IMF [Summary] => Monetary authorities need not take further policy actions to curb the inflationary impact of global oil prices, the International Monetary Fund (IMF) said as it projected the national average inflation rate to average at 7.7 percent this year and 7.8 percent in 2006.

This developed as Fund officials said the Philippines could opt for one last extension of the post-program monitoring (PPM).
[DatePublished] => 2005-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 308058 [Title] => IMF upgrades economic growth projection for RP [Summary] => The International Monetary Fund (IMF) has upgraded its economic growth projection for the Philippines this year but adopted a conservative economic projection for 2006.

The IMF said yesterday that it is expecting the economy to grow by five percent this year, which is slightly up from its original growth projection of 4.75 percent.

Its projected economic growth rate for 2006 is also five percent but this is lower than the 5.7 percent growth projected by the National Economic and Development Authority (NEDA).
[DatePublished] => 2005-11-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 284458 [Title] => NFA up for major restructuring [Summary] => The National Food Authority (NFA) is up for a major restructuring to ease the weight of its impact on the government’s consolidated public sector deficit, government officials said yesterday.

Finance Secretary Cesar V. Purisima said NFA contributed P27 billion to the 2004 consolidated debt and the government loses an average of P2 billion a year in subsidies.

"This is too much for a trading company," Purisima said. "We need to instill discipline on government owned and controlled corporations (GOCCs). NFA itself needs restructuring."
[DatePublished] => 2005-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 283657 [Title] => NFA, other GOCCs must not be a financial burden to NG, says IMF [Summary] => The National Food Authority (NFA) and other government corporations should be prevented from shifting the burden of fiscal adjustment to the National Government, the International Monetary Fund (IMF) warned over the weekend.

After the efforts to unburden the National Power Corp. (NPC), the IMF said the National Government should avoid taking on more fiscal burden from other government corporations.
[DatePublished] => 2005-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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