^
+ Follow TETANGCO JR Tag
TETANGCO JR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1238862
                    [Title] => Sept inflation seen below BSP’s 3-5% target range
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) expects the September inflation rate to remain below the full-year target range of three to five  percent in September.

[DatePublished] => 2013-09-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1439008 [AuthorName] => Kathleen Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1198911 [Title] => BSP sees no urgency to change rates [Summary] =>

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr said the central bank saw “no urgency” to change its monetary stance at a policy meeting today as the inflation outlook remains benign.

[DatePublished] => 2013-09-12 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1439008 [AuthorName] => Kathleen Martin [SectionName] => Business [SectionUrl] => business [URL] => http://imageshack.us/a/img41/7684/l8zb.jpg ) [2] => Array ( [ArticleID] => 885845 [Title] => Philippines maintains policy rates [Summary] =>

Philippine monetary officials decided today to keep policy interest rates steady on back of a manageable inflation outlook amid strong growth.

[DatePublished] => 2012-12-13 22:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [3] => Array ( [ArticleID] => 853651 [Title] => (UPDATE) Central Bank sees Sept. inflation at 3.4-4.3 pct [Summary] =>

Inflation is forecast to range 3.4 to 4.3 percent on back of rising world oil prices, the central bank said today.

[DatePublished] => 2012-09-27 20:10:04 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [4] => Array ( [ArticleID] => 728191 [Title] => Philippine banks' profits up 13 pct in first half of 2011 [Summary] =>

At a time when bank profits around the world are taking a beating, Philippine banks posted a 13 percent rise in profitability in the first six months to P46.47 billion, the country's central bank -- Bangko Sentral ng Pilipinas (BSP) said Sunday.

[DatePublished] => 2011-09-18 18:41:22 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 20236 [Title] => Net ‘hot money’ inflow hits $38.21M in September [Summary] => [DatePublished] => 2007-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 393541 [Title] => GIR seen at $24.5B by yearend [Summary] => The country’s gross international reserves (GIR) level is expected to hit a record high of $24.5 billion this year due to strong inflows from foreign investments, government borrowing, export earnings and remittances from Filipinos working abroad.

The Bangko Sentral ng Pilipinas (BSP) said over the weekend that based on the emerging estimates for 2007 as approved by the Development Budget Coordinating Committee (DBCC), the 2007 GIR level is likely to be at least $500 million over the original projections made in November 2006.
[DatePublished] => 2007-04-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 388215 [Title] => Feb inflation slows to 4-year low of 2.6% [Summary] => The nationwide inflation rate stood at 2.6 percent in February, the slowest rate in four years, the National Statistics Office (NSO) reported yesterday.

Last month’s rise was below central bank and economist forecasts and was also down sharply from 3.9 percent in January, with all commodity groups posting smaller annual price gains, the NSO said.

The government statistics office said the increase in the February consumer price index was the lowest recorded since December 2002, when the rate stood at 2.5 percent.

In the same month last year, inflation was 7.6 [DatePublished] => 2007-03-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 305783 [Title] => Forex reserves level stays above $18B in October [Summary] => The country’s gross international reserves (GIR) went down by  2.5 percent to  $18.086 billion in October from $18.542 billion in September as the National Government and the Bangko Sentral ng Pilipinas settled maturing obligations.

While the October figure was lower than the previous month’s level of $18.542 billion, it exceeded the end-2005 target of $17 billion.

For October, total maturing loans of the National Government amounted to $1.758 billion with a principal of  $1.586 billion and interests of $171 million.
[DatePublished] => 2005-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 265032 [Title] => BOP deficit hits $222M in first seven months [Summary] => The national debt burden created an even wider gap in the country’s balance of payments (BOP), blowing out the deficit to $222 million during the first seven months of the year.

The Bangko Sentral ng Pilipinas (BSP) reported yesterday that despite heavy government borrowing from the foreign credit market, debt servicing put so much strain on the international reserves that the BOP sustained a $127-million deficit in August alone.

The latest BOP shortfall plummeted dramatically from only $95 million from January to July last year.
[DatePublished] => 2004-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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