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                    [ArticleID] => 133337
                    [Title] => FTI eyes swap deal to settle obligations
                    [Summary] => The Food Terminal Inc. is exploring the possibility of settling its P17-million debt with the Laguna Lake Development Authority  by renting out its administration building to LLDA for a minimal fee under some kind of swap arrangement.


The amount represents environmental users fees which had been paid by industrial locators of FTI which the latter failed to remit to LLDA.


LLDA general manager Calixto R. Cataquiz said his agency had served the FTI with a demand notice for the entire amount, but which the FTI initially ignored.


                    [DatePublished] => 2001-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1720791
                    [AuthorName] => Rose de la Cruz
                    [SectionName] => Business
                    [SectionUrl] => business
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BENJAMIN ANGELES JR.

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                    [ArticleID] => 133337
                    [Title] => FTI eyes swap deal to settle obligations
                    [Summary] => The Food Terminal Inc. is exploring the possibility of settling its P17-million debt with the Laguna Lake Development Authority  by renting out its administration building to LLDA for a minimal fee under some kind of swap arrangement.


The amount represents environmental users fees which had been paid by industrial locators of FTI which the latter failed to remit to LLDA.


LLDA general manager Calixto R. Cataquiz said his agency had served the FTI with a demand notice for the entire amount, but which the FTI initially ignored.


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                    [ColumnID] => 133272
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                    [AuthorName] => Rose de la Cruz
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abtest

FTI eyes swap deal to settle obligations

By Rose de la Cruz | September 11, 2001 - 12:00am

The Food Terminal Inc. is exploring the possibility of settling its P17-million debt with the Laguna Lake Development Authority by renting out its administration building to LLDA for a minimal fee under some kind...

Business