^
+ Follow SECURITIZATION Tag
SECURITIZATION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 395651
                    [Title] => Securitization of assets gathers steam in East Asian bond markets
                    [Summary] => 





The securitization of assets in emerging East Asian bond markets has gathered steam after the 1997 financial crisis, and has the potential to be used as a tool to fund the region’s massive infrastructure needs and provide support to microfinance and human resource development, according to a report of the Asian Development Bank (ADB).


Despite its growth, Asia’s use of securitization is far more modest compared to Europe and North America, despite the fact that structured finance holds considerable potential for regional development.
[DatePublished] => 2007-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 264308 [Title] => Trivialized [Summary] => We are spending far too much time debating the merits and demerits of congressional pork; far too much time squabbling over how the "Bayanihan Fund" will be used; far too much time arguing over the justness of asking policemen to donate a day’s pay to the Treasury; far too much time making media mileage out of piso-piso campaigns purporting to be a solution to the fiscal crisis staring us in the face.

It has to be a flaw in our cultural composition: in the face of immense peril, we trivialize.
[DatePublished] => 2004-09-11 00:00:00 [ColumnID] => 134157 [Focus] => 0 [AuthorID] => 1804783 [AuthorName] => Alex Magno [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [2] => Array ( [ArticleID] => 192201 [Title] => The long road to economic recovery [Summary] => The hype that accompanied the passage into law of the Special Purpose Vehicle (SPV) Act last week, including the President’s choice of the Philippine Stock Exchange as the venue for signing, apparently was not all in vain.
[DatePublished] => 2003-01-20 00:00:00 [ColumnID] => 133715 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 181829 [Title] => Securitization: What kind of animal is it? [Summary] => The House and the Senate have each drafted versions of a Securitization Bill. Because only a handful of securitizations have taken place involving Philippine entities, not too many are familiar with the structure and purpose of securitization. Does securitization involve a form of security, as in promissory notes and shares of stock? Or does it involve a form of security, as in chattel mortgage and pledge? The answer is a little of both.
[DatePublished] => 2002-10-29 00:00:00 [ColumnID] => 135291 [Focus] => 0 [AuthorID] => 1657117 [AuthorName] => POINT OF LAW By Rolando F. Del Castillo [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 166647 [Title] => Securitization: A complex knot for simple senators [Summary] => Not well known to the public is a bill pending before the Senate which if approved would not only address the country’s inability to pool capital needed for economic growth, but would also give millions of Filipinos an alternative means of investment.

To many Filipinos, the alarming fact of living in the Philippines is that after slaving so hard to earn and scrimp and save, there just won’t be enough money to comfortably live on after retirement.
[DatePublished] => 2002-07-01 00:00:00 [ColumnID] => 133715 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 160460 [Title] => Solving home financing via securitization [Summary] => (National President Chamber of Real Estate and Builders’ Association)

Securitization may well be the long-awaited solution to the problem of financing the country’s housing program.

Essentially, securitization means using future money today. Represented by a document and backed up with a financial asset like the title of a house, this money enables the government to finance priority projects like housing. The document or paper may be in the form of an interest-bearing treasury bill, treasury note or bond with certain period of maturity.
[DatePublished] => 2002-05-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1321738 [AuthorName] => Florentino S. Dulalia Jr. [SectionName] => Real Estate [SectionUrl] => real-estate [URL] => ) [6] => Array ( [ArticleID] => 143771 [Title] => Banks with large NPAs won’t form AMCs just yet [Summary] => Commercial banks with large non-performing assets (NPAs) have put off plans to create asset management companies (AMC) or special purpose asset vehicles (SPAV). [DatePublished] => 2001-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 142100 [Title] => GFIs may acquire asset-backed securities [Summary] => Government financial institutions (GFIs) could be allowed to acquire asset-backed securities under the proposed securitization law.

Sources at the House committee on economic affairs said the committee is still trying to get affected sectors to agree to the proposal that GFIs participate in the market that will be developed once the securitization bill is enacted into law.
[DatePublished] => 2001-12-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 141672 [Title] => DOF pushes tax breaks in transfer of securities-backed assets to SPVs [Summary] => The Deparment of Finance (DOF) is supporting proposals in Congress to eliminate transaction taxes in the transfer of securities-backed assets to special purpose vehicles (SPVs) or asset management companies (AMCs) that will market foreclosed assets to new investors.

The proposed tax exemptions are one of the critical features of House Bill 2759 entitled An Act to Establish the Legal and Regulatory Framework for Securitization and the Development of an Asset-Backed Securities Market authored by Speaker Jose de Venecia.
[DatePublished] => 2001-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with