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SPVA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 420045 [Title] => Banks unload P149-B bad assets under SPVA [Summary] => Local banks have unloaded a total of P148. [DatePublished] => 2008-12-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 48058 [Title] => BSP gives banks more time to apply for SPVA incentives [Summary] => [DatePublished] => 2008-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 278157 [Title] => Purisima backs bill extending life of SPV Act [Summary] => Finance Secretary Cesar V. Purisima is supporting the proposed bill calling for the extension of the Special Purpose Vehicles Act (SPVA) to one-and-a-half years.
"The Department of Finance (DOF) is extending by another 18 months the period by which an SPV may register with the Securities and Exchange Commission (SEC) and another two years from the effectivity of the amended bill, the entitlement of tax exemptions and fee privileges of all sales of transfer of non-performing assets (NPAs) to the SPVs," Purisima said.
[DatePublished] => 2005-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 276248 [Title] => BSP wants more NPAs entitled to perks under new SPVA [Summary] => The Bangko Sentral ng Pilipinas (BSP) wants to qualify more non-performing assets (NPAs) for incentives under the amended Special Purpose Vehicles Act (SPVA) now pending for approval by Congress.
The BSP said yesterday that it was asking Congress not only to extend the effectivity of SPVA incentives but also to move the cut-off date for qualified NPAs in order to qualify newer NPAs for incentives.
[DatePublished] => 2005-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | December 2, 2008 - 12:00am
By Rocel Felix | May 18, 2005 - 12:00am
By Des Ferriols | May 4, 2005 - 12:00am
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EZ2 - 30 17
SUERTRES - 8 5 7
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Forex
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