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                    [ArticleID] => 268111
                    [Title] => CAP exec: We’re not bankrupt
                    [Summary] => The controversial pre-need firm College Assurance Plan (CAP) is not bankrupt, its president and chief executive officer Enrique Sobrepeña told the Senate yesterday.


Sobrepeña told a joint hearing of the Senate committees on trade and commerce and on banks and financial institutions that CAP retained its earnings of P7 billion in 2003, contrary to claims made by the Securities and Exchange Commission (SEC).


He said, however, that CAP still has to pay off P28 million worth of obligations to college students holding educational plans.


                    [DatePublished] => 2005-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 265079
                    [Title] => SEC chief willing to take pay cut
                    [Summary] => Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes.


"If it has to be cut so be it. When I accepted the job, the matter of what I get was not an issue. It’s too late to raise that now," Barin told the Manila Overseas Press Club’s (MOPC) weekly breakfast forum  at the Ristorante La Dolce Fontana in Greenhills, San Juan yesterday.


                    [DatePublished] => 2004-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 162656
                    [Title] => Meralco to cut capex by 40%
                    [Summary] => The Manila Electric Co. (Meralco) said it may reduce its capital expenditures (capex) budget for 2002 to P4.5 billion, or 40 percent lower than the P6.8 billion programmed for the year, if its 30-centavo per kilowatthour (kWh) rate hike petition will not be approved by the Energy Regulatory Commission (ERC) this June.


In a press conference after the company’s stockholders’ meeting, Meralco chairman Manuel Lopez said they are still looking forward to ERC’s decision.


                    [DatePublished] => 2002-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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CHAIRWOMAN FE BARIN

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                    [ArticleID] => 268111
                    [Title] => CAP exec: We’re not bankrupt
                    [Summary] => The controversial pre-need firm College Assurance Plan (CAP) is not bankrupt, its president and chief executive officer Enrique Sobrepeña told the Senate yesterday.


Sobrepeña told a joint hearing of the Senate committees on trade and commerce and on banks and financial institutions that CAP retained its earnings of P7 billion in 2003, contrary to claims made by the Securities and Exchange Commission (SEC).


He said, however, that CAP still has to pay off P28 million worth of obligations to college students holding educational plans.


                    [DatePublished] => 2005-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 265079
                    [Title] => SEC chief willing to take pay cut
                    [Summary] => Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes.


"If it has to be cut so be it. When I accepted the job, the matter of what I get was not an issue. It’s too late to raise that now," Barin told the Manila Overseas Press Club’s (MOPC) weekly breakfast forum  at the Ristorante La Dolce Fontana in Greenhills, San Juan yesterday.


                    [DatePublished] => 2004-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 162656
                    [Title] => Meralco to cut capex by 40%
                    [Summary] => The Manila Electric Co. (Meralco) said it may reduce its capital expenditures (capex) budget for 2002 to P4.5 billion, or 40 percent lower than the P6.8 billion programmed for the year, if its 30-centavo per kilowatthour (kWh) rate hike petition will not be approved by the Energy Regulatory Commission (ERC) this June.


In a press conference after the company’s stockholders’ meeting, Meralco chairman Manuel Lopez said they are still looking forward to ERC’s decision.


                    [DatePublished] => 2002-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

CAP exec: We’re not bankrupt

By Jose Rodel Clapano | February 5, 2005 - 12:00am

The controversial pre-need firm College Assurance Plan (CAP) is not bankrupt, its president and chief executive officer Enrique Sobrepeña told the Senate yesterday. Sobrepeña told a joint hearing of...

Headlines

SEC chief willing to take pay cut

By Zinnia B. Dela Peña | September 17, 2004 - 12:00am

Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes. "If it has to be...

Headlines

Meralco to cut capex by 40%

May 29, 2002 - 12:00am

The Manila Electric Co. (Meralco) said it may reduce its capital expenditures (capex) budget for 2002 to P4.5 billion, or 40 percent lower than the P6.8 billion programmed for the year, if its 30-centavo per kilowatthour...

Business