^
+ Follow SHAMSHAD AKHTAR Tag
SHAMSHAD AKHTAR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1354568
                    [Title] => UN body sees 6.7% growth for Phl this year
                    [Summary] => 

The Philippine economy is forecast to grow 6.7 percent this year, easing from the 7.2 percent growth in 2013, a report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) said.

[DatePublished] => 2014-08-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140807/economy-BUS1.jpg ) [1] => Array ( [ArticleID] => 286294 [Title] => ADB may suspend lending to RP due to slow reforms [Summary] => The Asian Development Bank (ADB) said yesterday it may cut off lending to the Philippines over the next three years unless the government speeds up reforms designed to shore up its fiscal position.

ADB vice president Joseph Eichenberger said economic growth in the country has been insufficient to lift the country out of poverty over the past 20 years.

"There needs to be deep and sustained change in how things are done in the Philippines," Eichenberger said. "ADB cannot pursue a business-as-usual approach."
[DatePublished] => 2005-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 285039 [Title] => Save RP forests, says ADB [Summary] => Sustainable forest and other natural resource management must be tackled to reduce poverty and ensure livelihoods in the Philippines.

Speaking at the first Philippine Forestry Development Forum hosted at the Asian Development Bank (ADB) recently, Shamshad Akhtar, director general of ADB’s Southeast Asia Department said the Philippines faces an enormous challenge in maintaining and preserving its natural resources, including forests.
[DatePublished] => 2005-07-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 100399 [Title] => Gov't urged to go slow on PSE demutualization [Summary] =>

The Asian Development Bank (ADB) said legislating the demutualization of the Philippine Stock Exchange (PSE) will not guarantee the improvement of the stock exchange.

In a recent forum on the Philippine capital market organized by the Philippine Economic Society and the Foundation for Economic Freedom, Shamshad Akhtar, ADB manager for finance and industry division (East) warned of the temptation to mandate demutualization without properly considering the impact of such an alternative.

"There is danger in the context of emerging markets that governments, eager to derive the [DatePublished] => 2000-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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