^
+ Follow RICARDO PUIG Tag
RICARDO PUIG
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 475446
                    [Title] => Bank profitability better this year, says Tetangco
                    [Summary] => 

MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said bank profitability would be better this year, remarking on the resilience of bank lending amid declining interest rates and stabilizing economic activities.

[DatePublished] => 2009-06-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 382319 [Title] => Tinkering with market forces [Summary] => Consistency. We have repeatedly emphasized the need to be consistent with our policies. Nothing can really turn off investor interest more than the inconsistencies in policy pronouncements. It takes a long and tedious process before investors make up their minds about investing in any market or business. So, for the serious investors, changing rules midstream is a mortal sin.
[DatePublished] => 2007-01-29 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 378884 [Title] => New highs for the peso, PSEi [Summary] => In our Oct. 30 issue entitled "Newton’s Law as Applied to the Stock Market," we discussed how physical laws seem to be applicable to economic and financial markets as well. We mentioned that once certain catalysts put economies or markets into a trend, this will hold until a different force would upset or change the trend. And more often, these trends will last for years and even decades as can be seen on what has been happening to China, India, Brazil and most of the ASEAN countries.
[DatePublished] => 2007-01-08 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 376760 [Title] => Be careful what you wish for [Summary] => It’s the Yuletide season once again. We are ending the year with merry-making, and starting a new one with all sorts of resolutions and wishes. A more prosperous business. The better things in life. Perhaps, even a change in character. Change, per se, is not bad if it leads to something good. But let’s be cautious when we are seeking for drastic ones.
[DatePublished] => 2006-12-25 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 373377 [Title] => Foreign buying in select stocks boosts share prices [Summary] => Shares rose yesterday on foreign buying in banks and property stocks.

The benchmark 30-company Philippine Stock Exchange Index gained 6.84 points, or 0.2 percent, to 2,795.30, after rising 1.6 percent Thursday. Markets were closed Friday for a public holiday.

"We saw foreign investors returning today after being net sellers in recent days," said Ricardo Puig, analyst at Wealth Securities.

The composite index added 6.84 points to 2,795.30,the day’s high, from a low of 2,773.04.
[DatePublished] => 2006-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 373242 [Title] => The falling dollar [Summary] => Since the start of the year the dollar has fallen by around 9.3 percent against the other major currencies, declining 15 percent against the British pound and 12.7 percent against the euro. It has also declined an average of 4.8 percent against Asian currencies with the Thai baht and Korean won leading the way. [DatePublished] => 2006-12-04 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 349672 [Title] => Peso, stocks continue to climb [Summary] => The peso and stocks continued to rally yesterday on rising optimism about the country’s economic outlook and stronger-than-expected second quarter earnings reports.

"The earnings coming out are adding to the optimism that the economy is moving forward and that better numbers will be coming out," said Erick Tan of the Bank of the Philippine Islands (BPI).

Some analysts said the peso and the stocks also got a boost after the government’s latest bond offer received a strong response in what was seen as a vote of confidence in the country.
[DatePublished] => 2006-07-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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