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                    [ArticleID] => 305636
                    [Title] => Binay elected to international organization of local authorities
                    [Summary] => Makati Mayor Jejomar Binay was elected to the executive committee of an international organization of local authorities during its recent congress in Hanoi, Vietnam.


Makati City’s Information and Community Relations Department (ICRD) said the 2005 Congress of the Regional Network of Local Authorities for the Management of Human Settlements (Citynet) was attended by more than 300 mayors and representatives of national and local governments, civil society groups, private companies and international organizations.


                    [DatePublished] => 2005-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Metro
                    [SectionUrl] => metro
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 303729
                    [Title] => GMA Network profit jumps 55% to P1.7B in 9 months
                    [Summary] => GMA Network Inc. reported a 55-percent growth in its net income for the first nine months of the year as it continued to lead TV viewership ratings in the Mega-Manila area, resulting in higher advertising revenues.


GMA chairman and president Felipe Gozon said the network posted a net profit of P1.7 billion in the January to September period this year from P1.098 billion the previous level.  Revenues, on the other hand, rose 36 percent to P7.4 billion from P5.45 billion a year ago.


                    [DatePublished] => 2005-10-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 278385
                    [Title] => GMA Network may revive IPO plan when market improves
                    [Summary] => GMA Network may revive its earlier shelved plan to offer a portion of its shares to the public in five years’ time when the market condition has improved, company officials told The STAR.


"We may sell a portion of the company to the public and to our employees, maybe when the company’s value has doubled," the official said.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 277175
                    [Title] => PLDT, US firm to offer satellite pay TV in RP
                    [Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) and America’s biggest direct-to-home (DTH) satellite TV operator Echostar Communications are finalizing plans to set up a "pervasive and cost-effective" satellite pay TV service in the Philippines on a joint venture basis at a cost of about $85 million.


As planned, Echostar will make available to PLDT more than 2,000 video and audio channels and video-on-demand services that it currently offers to its 11 million American subscribers. 


                    [DatePublished] => 2005-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 270544
                    [Title] => GMA Network Inc. prepays P1.9-B loan, is now debt-free
                    [Summary] => GMA Network Inc., the country’s second biggest broadcasting network, is now debt-free after it prepaid a P1.9-billion five-year term loan, nine months ahead of the scheduled due date.


In a statement, GMA said the loan was paid using internally-generated funds. The network settled more than P543 million in principal and interest last Feb. 28.


The loan, drawn in 2000, was used to upgrade GMA’s facilities and infrastructure and improve its production capabilities.


                    [DatePublished] => 2005-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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)

CITYNET

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                    [ArticleID] => 305636
                    [Title] => Binay elected to international organization of local authorities
                    [Summary] => Makati Mayor Jejomar Binay was elected to the executive committee of an international organization of local authorities during its recent congress in Hanoi, Vietnam.


Makati City’s Information and Community Relations Department (ICRD) said the 2005 Congress of the Regional Network of Local Authorities for the Management of Human Settlements (Citynet) was attended by more than 300 mayors and representatives of national and local governments, civil society groups, private companies and international organizations.


                    [DatePublished] => 2005-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Metro
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                (
                    [ArticleID] => 303729
                    [Title] => GMA Network profit jumps 55% to P1.7B in 9 months
                    [Summary] => GMA Network Inc. reported a 55-percent growth in its net income for the first nine months of the year as it continued to lead TV viewership ratings in the Mega-Manila area, resulting in higher advertising revenues.


GMA chairman and president Felipe Gozon said the network posted a net profit of P1.7 billion in the January to September period this year from P1.098 billion the previous level.  Revenues, on the other hand, rose 36 percent to P7.4 billion from P5.45 billion a year ago.


                    [DatePublished] => 2005-10-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 278385
                    [Title] => GMA Network may revive IPO plan when market improves
                    [Summary] => GMA Network may revive its earlier shelved plan to offer a portion of its shares to the public in five years’ time when the market condition has improved, company officials told The STAR.


"We may sell a portion of the company to the public and to our employees, maybe when the company’s value has doubled," the official said.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 277175
                    [Title] => PLDT, US firm to offer satellite pay TV in RP
                    [Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) and America’s biggest direct-to-home (DTH) satellite TV operator Echostar Communications are finalizing plans to set up a "pervasive and cost-effective" satellite pay TV service in the Philippines on a joint venture basis at a cost of about $85 million.


As planned, Echostar will make available to PLDT more than 2,000 video and audio channels and video-on-demand services that it currently offers to its 11 million American subscribers. 


                    [DatePublished] => 2005-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 270544
                    [Title] => GMA Network Inc. prepays P1.9-B loan, is now debt-free
                    [Summary] => GMA Network Inc., the country’s second biggest broadcasting network, is now debt-free after it prepaid a P1.9-billion five-year term loan, nine months ahead of the scheduled due date.


In a statement, GMA said the loan was paid using internally-generated funds. The network settled more than P543 million in principal and interest last Feb. 28.


The loan, drawn in 2000, was used to upgrade GMA’s facilities and infrastructure and improve its production capabilities.


                    [DatePublished] => 2005-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Binay elected to international organization of local authorities

November 7, 2005 - 12:00am

Makati Mayor Jejomar Binay was elected to the executive committee of an international organization of local authorities during its recent congress in Hanoi, Vietnam. Makati City’s Information and Community...

Metro

GMA Network profit jumps 55% to P1.7B in 9 months

By Zinnia B. Dela Peña | October 26, 2005 - 12:00am

GMA Network Inc. reported a 55-percent growth in its net income for the first nine months of the year as it continued to lead TV viewership ratings in the Mega-Manila area, resulting in higher advertising revenues. GMA...

Business

GMA Network may revive IPO plan when market improves

May 20, 2005 - 12:00am

GMA Network may revive its earlier shelved plan to offer a portion of its shares to the public in five years’ time when the market condition has improved, company officials told The STAR. "We may sell...

Business

PLDT, US firm to offer satellite pay TV in RP

May 12, 2005 - 12:00am

Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) and America’s biggest direct-to-home (DTH) satellite TV operator Echostar Communications are finalizing plans to set up a "pervasive...

Business

GMA Network Inc. prepays P1.9-B loan, is now debt-free

By Zinnia B. Dela Peña | March 16, 2005 - 12:00am

GMA Network Inc., the country’s second biggest broadcasting network, is now debt-free after it prepaid a P1.9-billion five-year term loan, nine months ahead of the scheduled due date. In a statement, GMA said...

Business