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                    [ArticleID] => 280543
                    [Title] => Gov’t advances P220M for maturing PNR debts
                    [Summary] => The Arroyo administration will overhaul the Philippine National Railways Corp. (PNR), a move that would include increases in train fare as the National Government advanced over P220 million to pay for the company’s maturing obligations. 


Administration officials said PNR’s problems were so serious that the government did not even have even an inkling of the company’s total assets since it has never conducted a physical inventory in its entire corporate existence. 


                    [DatePublished] => 2005-06-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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EXPORT FINANCE INSURANCE CORP

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                    [ArticleID] => 280543
                    [Title] => Gov’t advances P220M for maturing PNR debts
                    [Summary] => The Arroyo administration will overhaul the Philippine National Railways Corp. (PNR), a move that would include increases in train fare as the National Government advanced over P220 million to pay for the company’s maturing obligations. 


Administration officials said PNR’s problems were so serious that the government did not even have even an inkling of the company’s total assets since it has never conducted a physical inventory in its entire corporate existence. 


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abtest

Gov’t advances P220M for maturing PNR debts

By Des Ferriols | June 6, 2005 - 12:00am

The Arroyo administration will overhaul the Philippine National Railways Corp. (PNR), a move that would include increases in train fare as the National Government advanced over P220 million to pay for the company’s...

Business