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                    [ArticleID] => 99177
                    [Title] => Index tumbles 7 pts on weak peso, peace and order woes
                    [Summary] => 

Stocks tumbled for the fourth straight day as most investors kept their funds
away from the equities market, although some took the opportunity to buy
oversold issues from a technical standpoint.

Still smarting from Monday's woes -- as the market opened the week in panic
over the series of fatal bomb explosions in leading malls -- the main index
slid another 7.42 points or 0.52 percent to end at 1404.67, just a shade above
the 1400 support which analysts expect will be breached considering the
generally bearish market.

Aside from concerns over urban terrorism -- raising fear
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99178
                    [Title] => 3 prequalify for PNB bidding
                    [Summary] => 

Three bidders, a  local bank and two foreign groups -- beat the  deadline for
the June 9 sale of  the combined 80 percent stake of taipan Lucio Tan and the
government in   Philippine National Bank (PNB), Finance Secretary Jose Pardo
disclosed yesterday.

Pardo said Rizal Commercial Banking Corp. (RCBC), of the Yuchengco group, an
American company and a European  consortium submitted their formal offers to
bid for PNB, beating the May 22 deadline set by the government.

Bangko Sentral ng Pilipinas (BSP) Gov. Rafael B.
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

BEATRICE FOODS CORP

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                (
                    [ArticleID] => 99177
                    [Title] => Index tumbles 7 pts on weak peso, peace and order woes
                    [Summary] => 

Stocks tumbled for the fourth straight day as most investors kept their funds
away from the equities market, although some took the opportunity to buy
oversold issues from a technical standpoint.

Still smarting from Monday's woes -- as the market opened the week in panic
over the series of fatal bomb explosions in leading malls -- the main index
slid another 7.42 points or 0.52 percent to end at 1404.67, just a shade above
the 1400 support which analysts expect will be breached considering the
generally bearish market.

Aside from concerns over urban terrorism -- raising fear
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 99178
                    [Title] => 3 prequalify for PNB bidding
                    [Summary] => 

Three bidders, a  local bank and two foreign groups -- beat the  deadline for
the June 9 sale of  the combined 80 percent stake of taipan Lucio Tan and the
government in   Philippine National Bank (PNB), Finance Secretary Jose Pardo
disclosed yesterday.

Pardo said Rizal Commercial Banking Corp. (RCBC), of the Yuchengco group, an
American company and a European  consortium submitted their formal offers to
bid for PNB, beating the May 22 deadline set by the government.

Bangko Sentral ng Pilipinas (BSP) Gov. Rafael B.
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Index tumbles 7 pts on weak peso, peace and order woes

By Christina Mendez | May 24, 2000 - 12:00am

Stocks tumbled for the fourth straight day as most investors kept their funds away from the equities market, although some took the opportunity to buy oversold issues from a technical standpoint. Still smarting...

Business

3 prequalify for PNB bidding

May 24, 2000 - 12:00am

Three bidders, a local bank and two foreign groups -- beat the deadline for the June 9 sale of the combined 80 percent stake of taipan Lucio Tan and the government in Philippine National Bank (PNB), Finance...

Business