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                    [ArticleID] => 316395
                    [Title] => Quedancor not keen on being part owner of tomato paste processor
                    [Summary] => The Quedan Rural Credit and Guarantee Corp. (Quedancor) is lukewarm to a proposal to convert into equity  its P80-million exposure in  state-run tomato processing firm Northern Foods Corp. (NFC).


"At this point, we cannot support proposals to have our loans converted into equity without a concrete commitment (by Northern Foods)  to push through with the plant’s rehabilitation, it will be the only way to make the plant viable and ensure its profitability," said Quedancor president and CEO Nelson Buenaflor.


                    [DatePublished] => 2006-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 269429
                    [Title] => Northern Foods pushes 2-tiered tariff on tomato paste
                    [Summary] => Northern Foods Corp.  (NFC), the country’s only tomato paste producer, is asking the Cabinet-level Tariff and Related Matters (TRM) committee to grant its petition for a two-tiered import tariff to shield the struggling local tomato industry from the influx of cheap tomato paste from China. 


                    [DatePublished] => 2005-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
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BERNARDO JORGE B

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                    [ArticleID] => 316395
                    [Title] => Quedancor not keen on being part owner of tomato paste processor
                    [Summary] => The Quedan Rural Credit and Guarantee Corp. (Quedancor) is lukewarm to a proposal to convert into equity  its P80-million exposure in  state-run tomato processing firm Northern Foods Corp. (NFC).


"At this point, we cannot support proposals to have our loans converted into equity without a concrete commitment (by Northern Foods)  to push through with the plant’s rehabilitation, it will be the only way to make the plant viable and ensure its profitability," said Quedancor president and CEO Nelson Buenaflor.


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                    [AuthorName] => Rocel Felix
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                    [ArticleID] => 269429
                    [Title] => Northern Foods pushes 2-tiered tariff on tomato paste
                    [Summary] => Northern Foods Corp.  (NFC), the country’s only tomato paste producer, is asking the Cabinet-level Tariff and Related Matters (TRM) committee to grant its petition for a two-tiered import tariff to shield the struggling local tomato industry from the influx of cheap tomato paste from China. 


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                    [ColumnID] => 133272
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                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
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Quedancor not keen on being part owner of tomato paste processor

By Rocel Felix | January 13, 2006 - 12:00am

The Quedan Rural Credit and Guarantee Corp. (Quedancor) is lukewarm to a proposal to convert into equity its P80-million exposure in state-run tomato processing firm Northern Foods Corp. (NFC). "At this point,...

Business

Northern Foods pushes 2-tiered tariff on tomato paste

By Rocel Felix | March 7, 2005 - 12:00am

Northern Foods Corp. (NFC), the country’s only tomato paste producer, is asking the Cabinet-level Tariff and Related Matters (TRM) committee to grant its petition for a two-tiered import tariff to shield the...

Business