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+ Follow CHINESE GROUP Tag
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[Title] => Chinese firm still keen on Nonoc
[Summary] => Despite the legal tangle delaying the privatization of Nonoc mines, the Chinese mining consortium led by the nickel giant Jinchuan Group has indicated it is willing to wait for the case to clear up.
Finance officials said yesterday that a March deadline has been set for the completion of the feasibility study that would determine, among other things, exactly how much the mine is now worth.
[DatePublished] => 2006-02-21 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1096655
[AuthorName] => Des Ferriols
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[ArticleID] => 280528
[Title] => Govt eyes out-of-court settlement with Philnico
[Summary] => The Arroyo administration is considering the possibility of an out-of-court settlement with Philippine Nickel Co. (Philnico) over some $300 million worth of receivables from the sale of Nonoc mines.
Officials disclosed over the weekend that the Arroyo administration was considering its options which could include a restructured settlement schedule and debt-for-equity swap that would allow the government to retain part of its ownership of Nonoc mines.
[DatePublished] => 2005-06-06 00:00:00
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CHINESE GROUP
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[ArticleID] => 322568
[Title] => Chinese firm still keen on Nonoc
[Summary] => Despite the legal tangle delaying the privatization of Nonoc mines, the Chinese mining consortium led by the nickel giant Jinchuan Group has indicated it is willing to wait for the case to clear up.
Finance officials said yesterday that a March deadline has been set for the completion of the feasibility study that would determine, among other things, exactly how much the mine is now worth.
[DatePublished] => 2006-02-21 00:00:00
[ColumnID] => 133272
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[AuthorName] => Des Ferriols
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[ArticleID] => 280528
[Title] => Govt eyes out-of-court settlement with Philnico
[Summary] => The Arroyo administration is considering the possibility of an out-of-court settlement with Philippine Nickel Co. (Philnico) over some $300 million worth of receivables from the sale of Nonoc mines.
Officials disclosed over the weekend that the Arroyo administration was considering its options which could include a restructured settlement schedule and debt-for-equity swap that would allow the government to retain part of its ownership of Nonoc mines.
[DatePublished] => 2005-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
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[SectionUrl] => business
[URL] =>
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abtest
By Des Ferriols | February 21, 2006 - 12:00am
By Des Ferriols | June 6, 2005 - 12:00am
Recommended
Vice President Sara Duterte challenged Defense Secretary Gilbert Teodoro to identify the government officials defending China on the West Philippine Sea issue, saying even President Marcos might be suspected to be among those being alluded to.
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Malacañang yesterday expressed hope that senator-judges of the impeachment court trying Vice President Sara Duterte would remain unbiased and would not sweep evidence under the rug just to cover up wrongdoing.
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Senators allied with Vice President Sara Duterte questioned the testimony of Roderick Wamil of the Commission on Audit, with minority member Robinhood Padilla even claiming that the confidential funds were spent to quash communist rebellion.
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The statement that only disbursing officers should be held liable for the alleged misuse of confidential funds is the "most damaging" remark made by a senator-judge, according to Malacañang.
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