^
+ Follow ANGEL ONG Tag
ANGEL ONG
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1261596
                    [Title] => MGB shelves mining permit for King King project
                    [Summary] => 

The Mines and Geosciences Bureau (MGB) has put on hold the evaluation of the mining permit for the proposed $2 billion King King copper-gold project in Campostella Valley pending the resolution of the intra-corporate dispute within tenement owner Nationwide Development Corp. (Nadecor)

[DatePublished] => 2013-11-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 640757 [Title] => Alabang Mango Tee slated Jan. 31 [Summary] =>

Preparations are in full swing for the 27th edition of the Mango Tee, the member-guest tournament of the Alabang Country Club, slated on Jan. 31-Feb. 5.

[DatePublished] => 2010-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Sports [SectionUrl] => sports [URL] => ) [2] => Array ( [ArticleID] => 574327 [Title] => Benpres remains in talks with creditors even as debt level drops [Summary] =>

Benpres Holdings Corp. continues to be in discussions with its creditor-banks even as its debt has been reduced to a manageable level.

[DatePublished] => 2010-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 74855 [Title] => MNTC seeks P1.5-B loan for Mindanao Ave-NLEX  link [Summary] => [DatePublished] => 2008-07-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 67446 [Title] => Benpres eyes $100M from sale of tollways unit [Summary] => [DatePublished] => 2008-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 59394 [Title] => Benpres sells 18% stake in Medical City for P600M [Summary] => [DatePublished] => 2008-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 292792 [Title] => Avenue Asia buys Benpres’ debts [Summary] => Avenue Asia Capital Group, the partner of Union Bank which lost to taipan Lucio Tan in a bid for a 67-percent stake in Philippine National Bank (PNB), has bought the debts of Lopez-controlled Benpres Holdings Corp., The STAR sources disclosed.

Avenue Asia is also a major holder of Bayantel’s $200 million in bonds. It is an international fund that acquires distressed banking assets which earlier bought P2.4 billion of the non-performing loans of the Bank of Philippine Islands (BPI).
[DatePublished] => 2005-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 253794 [Title] => BayanTel sees 12% revenue growth this yr [Summary] => Lopez-owned Bayan Telecommunications Inc. expects revenues this year to grow 12 percent to about P5.7 billion, with data services growing by leaps and bounds and contributing a growing share of the business.

In an interview with The STAR, BayanTel chief finance officer Gary Olivar said they also project earnings before interest, taxes, depreciation and amortization (EBITDA) in 2004 to reach P2.5 billion, or much higher than last year.
[DatePublished] => 2004-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 253912 [Title] => BayanTel sees 12% revenue growth this yr [Summary] => Lopez-owned Bayan Telecommunications Inc. expects revenues this year to grow 12 percent to about P5.7 billion, with data services growing by leaps and bounds and contributing a growing share of the business.

In an interview with The STAR, BayanTel chief finance officer Gary Olivar said they also project earnings before interest, taxes, depreciation and amortization (EBITDA) in 2004 to reach P2.5 billion, or much higher than last year.
[DatePublished] => 2004-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 253620 [Title] => Bayantel questions ‘overly aggressive’ debt level by court-appointed receiver [Summary] => The Lopez-owned Bayan Telecommunications Inc. (Bayantel) has expressed concern over the suggested level of sustainable debt and the role of its receiver over the duration of the company’s rehabilitation as contained in the proposed rehabilitation plan.

Bayantel chief finance officer Gary Olivar told The STAR that the court-appointed receiver is proposing a level of sustainable debt of about $370 million, which the company feels is overly aggressive in view of the business prospects.
[DatePublished] => 2004-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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