The impact of the global financial crisis on the Philippine financial system – an assessment “The problem in politics is this: you don’t get any credit for disasters averted.” Henry M Paulson Jr‚ Former US Treasury Secretary I. Introduction The crisis that originated from the US subprime mortgage market escalated into a global phenomenon. Earlier debates on “decoupling”2 died down as the crisis’ contagion effects proved headstrong‚ cascading to the financial markets of advanced
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AdBoard Members: ASAP VISION-Advertising Suppliers Association of the Philippines (ASAP) is the national association‚ uniting all sectors of advertising suppliers‚ guided by the highest standards of ethical‚ professional and responsible trade practice as partners in the advertising industry. MISSION 1. Professionalize and upgrade the business trades and services of advertising suppliers and firms; 2. Uphold the highest standards of trade practices and ethics in the conduct of business‚
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OVERVIEW OF THE CASE “Subok Na Matibay‚ Subok Na Matatag” (Tested Strong‚ Proven Stable)‚ the slogan of once well-known and once most popular bank in the Philippines‚ the Banco Filipino‚ formerly known as Banco Filipino Savings and Mortgage Bank‚ but surprisingly‚ it was closed twice in 1985 and in 2011 in the history of banks in the Philippines. Banco Filipino started its operation in 1964‚ founded by Tomas Aguirre and was known as one of the thrift bank. The Aguirre family together with
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Synopsis of "Noli Me Tangere" The novel Noli Me Tangere contains 63 chapters and epilogue. It begins with a reception given by Capitan Tiago (Santiago de los Santos) at his house in Calle Analogue (now Juan Luna Street) on the last day of October. The reception or dinner is given in honor of Crisostomo Ibarra‚ a young and rich Filipino who had just returned after seven years of study in Europe. Ibarra was the only son of Don Rafael Ibarra‚ friend of Capitan Tiago‚ and a fiancé of beautiful Maria
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1. Below is a list of topics in usually studied in economics. Determine whether each topic deals under the area of microeconomics or macroeconomics. a. How Bangko Sentral ng Pilipinas influences the consumer spending in the Philippines. b. How a household decides what LPG brand to buy. c. How a firm decides whether to continue business or shutdown. d. How debt affects the income gap among Filipinos. e. How new parents decide whether to work or stay at home with their children. f. How the
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I. PROFILE OF THE CORPORATION HISTORY Sometime in March 1992‚ a very young but energetic ABM Rogelio Y. Bangsil was sent to Fort Ilocandia Resort and Hotel to start the renovation for the future site of Casino Filipino-Laoag. Hand in hand with the construction‚ a massive promotional campaign was launched by his so-called “advance-party” composed of a handful of employees Casino Filipino -Laoag‚ which emerges as a world-class gaming destination with first-class service‚ is a favorite of tourists
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Christ and His Alter Ego “Rizal”: Choice- Point Analysis of SDA and Rizalistas Arenas‚ J. Axel Beruin‚ Lawrence Duran‚ Mary Diane Lacia‚ Kristine Hyacinth Taylan‚ Carl Patrick Professor Augustus Añonuevo Department of Social Sciences October 2012 University of the Philippines Los Baños‚ Laguna “For God so loved the world‚ that he gave his only Son‚ that whoever believes in him should not perish but have eternal life” (John 3:16). The Christian faith’s prime teaching is the
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Mortgage Bank (PSE: BF)‚ or simply Banco Filipino‚ was a savings and loan association based in the Philippines. It is also known for property developments such as BF Homes‚ subdivisions in Parañaque‚ Quezon City and Las Piñas. The Bangko Sentral ng Pilipinas (BSP) on March 17‚ 2011 ordered the closure of Banco Filipino Savings and Mortgage Bank and placed it under the receivership of state-run Philippine Deposit Insurance Corp. (PDIC)‚ saying its liabilities topped its assets by P8.4 billion.[1] History
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liquefied petroleum gas (LPG)‚ kerosene‚ and other petroleum and crude oil products The Philippines downstream oil industry had been deregulated since1998 and is currently dominated by two (2) major oil refining and marketing companies; Petron and Pilipinas Shell. A third oil refiner and marketer‚ Caltex Philippines Inc. converted its 86‚500 bbl/d refinery into an import terminal in 2003 and now operates as a plain marketing and distributing company under the name “Chevron”‚ but maintains its Caltex
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SWOT analysis details Strengths Strong market position in the Philippines banking market Metrobank is one of the three largest banks in the Philippines. Metrobank currently spans a consolidated network of over 1‚400 ATMs nationwide; over 760 domestic branches; and 38 foreign branches‚ subsidiaries‚ and representative offices. The bank’s customer base covers a cross section of the top Philippine corporate market‚ but has always been particularly strong in the middle market corporate sector of the
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