+ Follow PILIPINAS GOVERNOR RAFAEL B Tag
PILIPINAS GOVERNOR RAFAEL B
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[results] => Array
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[ArticleID] => 199097
[Title] => Creba urges temporary monetary controls
[Summary] => The Chamber of Real Estate and Builders Association (CREBA) urged the government yesterday to temporarily impose monetary controls as a safety net against the economic meltdown expected to result from the imminent US-Iraq war.
These controls are (1) a fixed peso-dollar exchange rate, (2) a cap on interest rates, and (3) a 90-day holding period and exit tax on withdrawals of foreign portfolio investments.
[DatePublished] => 2003-03-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
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[ArticleID] => 194456
[Title] => Is peso being propped up against dollar?
[Summary] => Is the peso being propped up againt the dollar?
This possibility surfaced yesterday as the peso continued to resist breaching the psychological 54-to-a-dollar barrier despite mounting pressure from companies building their dollar holdings on rising concern over the possibility of a war in the Middle East.
At the Philippine Dealing System (PDS), the peso managed to close below the 54-to-the-dollar level, settling at 53.980 yesterday or two centavos lower than the previous day’s close of 53.960 to the dollar.
[DatePublished] => 2003-02-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
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[ArticleID] => 132711
[Title] => Government sees sustained growth
[Summary] => Despite inherent risks and the continued slowdown in the economies of its major trading partners, the government expressed confidence yesterday that economic growth, which was better-than-expected in the first semester, can be sustained for the rest of the year.
[DatePublished] => 2001-09-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 98181
[Title] => Yields on longer term T-bills seen to rise
[Summary] => Yields on the 182-day and 364-day Treasury bills could rise tomorrow, while the 91-day bellwether rate will continue to correct, according to Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura.
Buenaventura noted that market sentiment is for a continued increase for the 182- and 364-day T-bill rates because of the higher-than-expected budget deficit for this year.
He warned that if the worst case scenario for the deficit materializes, which is a P126.5 billion deficit this year, interest rates are bound to rise.
[DatePublished] => 2000-12-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
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[ArticleID] => 98759
[Title] => Peso weakens anew, closes at 49.25 to $1
[Summary] => After staging a dramatic rebound against the dollar last Monday, the peso weakened anew yesterday closing at 49.25 against the dollar or a loss of P1.20 from Monday’s close of 48.05 to $1.
Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura said the peso-dollar rate merely corrected yesterday.
He admitted that the peso’s strong performance last Monday was probably an "overreaction". Even regional currencies, specifically the Thai baht, corrected yesterday.
[DatePublished] => 2000-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
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[ArticleID] => 98765
[Title] => BSP reiterates continued support for PNB
[Summary] => Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura reiterated yesterday the BSP’s support for the Philippine National Bank (PNB) after confirming that the BSP extended a P25-billion emergency loan to PNB last month following heavy withdrawals in September due to uncertainty over taipan Lucio Tan’s additional capital infusion of P10 billion in the bank.
[DatePublished] => 2000-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[6] => Array
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[ArticleID] => 98658
[Title] => GIR level stands at $14.5 B
[Summary] => The country’s gross international reserves (GIR) stood at $14.5 billion as of Oct. 25, according to Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura.
Buenaventura denied reports that the GIR had dropped to $13 billion due to the BSP’s intermittent intermention in the Philippine Dealing System (PDS) which has not stopped the peso from crashing below the P50 to $1 level and is now headed toward the P52 to $1 level.
[DatePublished] => 2000-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
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[ArticleID] => 98506
[Title] => Gov’t revises growth, inflation targets for next year
[Summary] => The government has revised its growth and inflation targets for next year.
According to Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura, the gross domestic product target range has been narrowed to between four to 4.5 percent in 2001 from the earlier projected range of four to five percent.
Gross national product (GNP) is now also targetted at a narrower range of between 4.2 percent to 4.7 percent from the original range of 4.5 percent to 5.5 percent.
[DatePublished] => 2000-10-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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February 7, 2003 - 12:00am
November 8, 2000 - 12:00am
October 27, 2000 - 12:00am
