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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143957 [Title] => The lights are still on [Summary] => A lot of questions were raised when giant energy firm, Enron Corp., filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code last Dec. 3. There were also apprehensions on what will happen to its overseas operations.
In the Philippines, Enron has a holding company called Enron Power Phils. Corp. Under this firm are two major power plants managed by the Batangas Power Corp. and the Subic Power Corp. Both are build-operate-transfer projects which helped solve the countrys power crisis in the early 1990s.
[DatePublished] => 2001-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
BATANGAS POWER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143957 [Title] => The lights are still on [Summary] => A lot of questions were raised when giant energy firm, Enron Corp., filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code last Dec. 3. There were also apprehensions on what will happen to its overseas operations.
In the Philippines, Enron has a holding company called Enron Power Phils. Corp. Under this firm are two major power plants managed by the Batangas Power Corp. and the Subic Power Corp. Both are build-operate-transfer projects which helped solve the countrys power crisis in the early 1990s.
[DatePublished] => 2001-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
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By Estela Banzon-De La Paz | December 17, 2001 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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