Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 173626
                    [Title] => DOF downplays Cerberus decision
                    [Summary] => The Department of Finance downplayed the decision of Cerberus Capital Management to invest in Thailand instead of the Philippines, but admitted that the Arroyo administration needs to undertake steps to improve the country's investment climate. 


Finance Secretary Jose Isidro Camacho said yesterday that Cerberus‚ move did not automatically disqualify the Philippines from its investment portfolio although there is a need to set the right investment climate in order to attract not just Cerberus but other investors as well.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 173501
                    [Title] => Cerberus bypasses RP, invests $500-M in Thailand
                    [Summary] => Dismayed by the delay in the passage of the SPAV law, the US-based Cerberus Capital Management, L.P. has bypassed the Philippine banking industry and instead invested $500 million buying bad loans in Thailand where the laws on asset management companies are more transparent.


Known as a leader in the international distressed debt, securities and reorganization market, Cerberus has invested over $20 billion in the market and has an available capital in excess of $7 billion that it plans to invest in Asia, specifically Japan, Korea and Thailand. 


                    [DatePublished] => 2002-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CAR D

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 173626
                    [Title] => DOF downplays Cerberus decision
                    [Summary] => The Department of Finance downplayed the decision of Cerberus Capital Management to invest in Thailand instead of the Philippines, but admitted that the Arroyo administration needs to undertake steps to improve the country's investment climate. 


Finance Secretary Jose Isidro Camacho said yesterday that Cerberus‚ move did not automatically disqualify the Philippines from its investment portfolio although there is a need to set the right investment climate in order to attract not just Cerberus but other investors as well.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 173501
                    [Title] => Cerberus bypasses RP, invests $500-M in Thailand
                    [Summary] => Dismayed by the delay in the passage of the SPAV law, the US-based Cerberus Capital Management, L.P. has bypassed the Philippine banking industry and instead invested $500 million buying bad loans in Thailand where the laws on asset management companies are more transparent.


Known as a leader in the international distressed debt, securities and reorganization market, Cerberus has invested over $20 billion in the market and has an available capital in excess of $7 billion that it plans to invest in Asia, specifically Japan, Korea and Thailand. 


                    [DatePublished] => 2002-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DOF downplays Cerberus decision

August 27, 2002 - 12:00am

The Department of Finance downplayed the decision of Cerberus Capital Management to invest in Thailand instead of the Philippines, but admitted that the Arroyo administration needs to undertake steps to improve the...

Business

Cerberus bypasses RP, invests $500-M in Thailand

August 26, 2002 - 12:00am

Dismayed by the delay in the passage of the SPAV law, the US-based Cerberus Capital Management, L.P. has bypassed the Philippine banking industry and instead invested $500 million buying bad loans in Thailand where...

Business