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PHILIPPINE NEWSPAPER HIGHLIGHTS - APRIL 1, 2004.
MANILA, April 1 Asia Pulse - Highlights of today's newspapers:
MANILA TIMES:
- The government is unlikely to meet its fiscal deficit target this year, according to the International Monetary Fund (IMF). The multilateral lender forecast the national government's budget deficit this year to reach 4.5 per cent of the country's domestic economic output. This is slightly higher than the Arroyo administrations target of just 4.2 per cent of gross domestic product (GDP).
- A trade official of the Australian embassy on Wednesday welcomed the protest filed by Manila against Canberra before the Word Trade Organization (WTO) over the Australian ban on Philippine bananas, saying it was the right thing to do to settle the issue.
- The International Monetary Fund (IMF) on Wednesday wants bank regulators to crack the whip and force lenders to sell their bad assets.
- The National Coffee Development Board (NCDB) is hoping that government would create a coffee fund to further improve and develop the industry in time for the lowering of tariff rates in 2005.
- Makati Business Club (MBC) Executive Director Guillermo M. Luz on Tuesday said that the business sector is in a wait-and-see attitude but hoping for the best results from the May 2004 Presidential Elections.
- Arroyo urges Bangko Sentral to bring down exchange rate; To P50-$1 or lower by...
- Newspaper article from: Manila Bulletin Maglalang, Ferdie August 4, 2001 700+ words
...Gloria Macapagal Arroyo urged the Bangko Sentral ng Pilipinas (BSP) at a press...Executive cited a Hong Kong Shanghai Banking Corp. (HKSBC) report that the Philippine...plans to manage the bidding for Bangko Sentral's additional funds this year...
- 18 Local and Foreign Banks extend $500-million Term Loan facility to Bangko...
- Newspaper article from: Manila Bulletin November 16, 2005 700+ words
Byline: LEE C. CHIPONGIAN The Bangko Sentral ng Pilipinas yesterday signed and closed the $500-million...Bank Calyon Intal Commercial Bank of China Sumitomo Mitsui Banking Corp. ING Bank N.V. Australia and New Zealand Bank HSH Nordbank...
- No complaints, says Singson. (Bangko Sentral ng Pilipinas Governor Gabriel...
- Magazine article from: The Banker June 1, 1996 700+ words
...foreigners Gabriel Singson, Governor of the Bangko Sentral ng Pilipinas (central bank), seemed...P1,017 billion. According to the Bangko Sentral, net income for commercial banks increased...7.5% for the whole year. The Bangko Sentral blamed the rice shortage for pushing...
- Eight years of the Bangko Sentral ng Pilipinas.(Opinion/Editorial)
- Newspaper article from: Manila Bulletin July 3, 2001 700+ words
...restructured the CBP and created the Bangko Sentral ng Pilipinas (BSP), pursuant to...Monetary Fund and the World Bank. The Bangko Sentral stated recently that the banking system...began in the 1980s and capped by the Bangko Sentral's creation in 1993. The Bangko ...
- The Bangko Sentral ng Pilipinas celebrates its 12th anniversary on July 3,...
- Newspaper article from: Manila Bulletin July 3, 2005 700+ words
...New Central Bank Act of 1993, the Bangko Sentral ng Pilipinas (BSP) is the central...overall supervision is exercised by the Bangko Sentral ng Pilipinas Governor. We congratulate the Bangko Sentral ng Pilipinas headed by its newly appointed...
- JdV cites highest reserves ever; Bangko Sentral reports $18.414 B in 2005.(Main...
- Newspaper article from: Manila Bulletin January 7, 2006 700+ words
...Lynch officials told De Venecia and Bangko Sentral Gov. Amando M. Tetangco Jr. that...for which the Speaker received the Bangko Sentral ng Pilipinas award in July last year...than 2004as $16.227 billion, the Bangko Sentral ng Pilipinas (BSP) said yesterday...
- Bangko Sentral tightens credit policy.(Business)
- Newspaper article from: Manila Bulletin March 17, 2006 700+ words
Bangko Sentral ng Pilipinasa policy-making arm the Monetary Board has tightened...lending and lending to the Philippine Deposit Insurance Corporation. Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said the rationale...
- Bangko Sentral warns banks hoarding dollars; Peso breaches P54,...
- Newspaper article from: Manila Bulletin February 7, 2003 700+ words
...said the central bank sold dollars at P54.10, but the Bangko Sentral ng Pilipinas did not admit it and clung to the option it...existing circulars will be dealt with accordingly, said Bangko Sentral Deputy Governor Alberto Reyes said. We are also re-activating...