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                    [ArticleID] => 610061
                    [Title] => PDIC justifies executives' hidden perks, bonuses
                    [Summary] => 
The Philippine Deposit Insurance Corporation (PDIC) justified yesterday the perks and bonuses hidden in so-called reimbursable funds of their executives, saying these were all covered by a code of ethics.
                    [DatePublished] => 2010-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 254290
                    [Title] => QC RTC okays amended rehab plan of Philrealty
                    [Summary] => The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable.


In an order issued yesterday, the court said Philrealty deserves a chance at rehabilitation in accordance with the amended plan, which calls for the settlement of bank loans through a combination of dacion-en-pago (payment-in-kind scheme) and debt restructuring.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 252020
                    [Title] => Philrealty seeks court approval for its amended rehabilitation program
                    [Summary] => The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement of P1.31 billion in secured debt through a dacion en pago (payment in kind) arrangement.


The amended rehab plan also calls for the restructuring of P890.6 million in secured debt over a period of 10 years, and the completion of the Skyline tower of Philrealty’s Andrea North Project in Quezon City, estimated to cost P1.18 billion.


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 201120
                    [Title] => Erap, naka-inom nang pumirma ng 'Jose'
                    [Summary] => Dahil sa dami ng ginagamit na alyas, pag-inom ng alak at pagtulog ng madaling-araw, maraming dokumentong napirmahan si dating Pangulong Estrada na ang gamit na pangalan ay "Jose" sa halip na Joseph.


Ito ang sinabi kahapon ni Chief Special Prosecutor Dennis Villa-Ignacio matapos dalhin sa Sandiganbayan Special Division ang 22 dokumento na nagpapakita ng mga pirma ni Estrada na Jose ang pangalan.


Naniniwala si Villa-Ignacio na nagkaroon na ng pagkalito ang dating pangulo kung ang ipipirma ay Velarde o Estrada.


                    [DatePublished] => 2003-04-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 185505
                    [Title] => He’s so vain
                    [Summary] => Bank notes 1: Not content with undergoing liposuction – the real reason for his dramatic weight loss – this head of a financial institution decided to also have a hair transplant. The guy admittedly looks good on TV these days (but don't tell him that because he's already exceedingly vain).
* * *

Bank notes 2: President Macapagal-Arroyo has yet to appoint the replacement of Philippine Deposit Insurance Corp.
                    [DatePublished] => 2002-11-26 00:00:00
                    [ColumnID] => 135040
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 91849
                    [Title] => Export Bank set to finalize Urban Bank reopening
                    [Summary] => The Export Industry Bank (EIB), a so-called "‘white knight" that aims to rescue Urban Bank, hopes to sign a memorandum of agreement (MOA) this week with the Philippine Deposit Insurance Corp. (PDIC) and the National Association of Urban Bank Inc. and Urbancorp Investments Inc. Depositors and Creditors (NAUD).


Urban Bank was placed under the receivership of PDIC in April 2000 after it declared a bank holiday and was later found insolvent and illiquid.


                    [DatePublished] => 2001-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 86401
                    [Title] => SSS eyes big returns from Urban Bank investment
                    [Summary] => The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its investment arm, Urbancorp Investment Inc. (UII), SSS chairman and president Vitaliano Nañagas said yesterday.


                    [DatePublished] => 2001-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 96032
                    [Title] => SSS eyes big returns from Urban Bank investment
                    [Summary] => The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its investment arm, Urbancorp Investment Inc. (UII), SSS chairman and president Vitaliano Nañagas said yesterday.


                    [DatePublished] => 2001-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

EXPORT INDUSTRY BANK

Array
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    [results] => Array
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                    [ArticleID] => 610061
                    [Title] => PDIC justifies executives' hidden perks, bonuses
                    [Summary] => 
The Philippine Deposit Insurance Corporation (PDIC) justified yesterday the perks and bonuses hidden in so-called reimbursable funds of their executives, saying these were all covered by a code of ethics.
                    [DatePublished] => 2010-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 254290
                    [Title] => QC RTC okays amended rehab plan of Philrealty
                    [Summary] => The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable.


In an order issued yesterday, the court said Philrealty deserves a chance at rehabilitation in accordance with the amended plan, which calls for the settlement of bank loans through a combination of dacion-en-pago (payment-in-kind scheme) and debt restructuring.


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
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                    [ArticleID] => 252020
                    [Title] => Philrealty seeks court approval for its amended rehabilitation program
                    [Summary] => The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement of P1.31 billion in secured debt through a dacion en pago (payment in kind) arrangement.


The amended rehab plan also calls for the restructuring of P890.6 million in secured debt over a period of 10 years, and the completion of the Skyline tower of Philrealty’s Andrea North Project in Quezon City, estimated to cost P1.18 billion.


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [Title] => Erap, naka-inom nang pumirma ng 'Jose'
                    [Summary] => Dahil sa dami ng ginagamit na alyas, pag-inom ng alak at pagtulog ng madaling-araw, maraming dokumentong napirmahan si dating Pangulong Estrada na ang gamit na pangalan ay "Jose" sa halip na Joseph.


Ito ang sinabi kahapon ni Chief Special Prosecutor Dennis Villa-Ignacio matapos dalhin sa Sandiganbayan Special Division ang 22 dokumento na nagpapakita ng mga pirma ni Estrada na Jose ang pangalan.


Naniniwala si Villa-Ignacio na nagkaroon na ng pagkalito ang dating pangulo kung ang ipipirma ay Velarde o Estrada.


                    [DatePublished] => 2003-04-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
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            [4] => Array
                (
                    [ArticleID] => 185505
                    [Title] => He’s so vain
                    [Summary] => Bank notes 1: Not content with undergoing liposuction – the real reason for his dramatic weight loss – this head of a financial institution decided to also have a hair transplant. The guy admittedly looks good on TV these days (but don't tell him that because he's already exceedingly vain).
* * *

Bank notes 2: President Macapagal-Arroyo has yet to appoint the replacement of Philippine Deposit Insurance Corp.
                    [DatePublished] => 2002-11-26 00:00:00
                    [ColumnID] => 135040
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 91849
                    [Title] => Export Bank set to finalize Urban Bank reopening
                    [Summary] => The Export Industry Bank (EIB), a so-called "‘white knight" that aims to rescue Urban Bank, hopes to sign a memorandum of agreement (MOA) this week with the Philippine Deposit Insurance Corp. (PDIC) and the National Association of Urban Bank Inc. and Urbancorp Investments Inc. Depositors and Creditors (NAUD).


Urban Bank was placed under the receivership of PDIC in April 2000 after it declared a bank holiday and was later found insolvent and illiquid.


                    [DatePublished] => 2001-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 86401
                    [Title] => SSS eyes big returns from Urban Bank investment
                    [Summary] => The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its investment arm, Urbancorp Investment Inc. (UII), SSS chairman and president Vitaliano Nañagas said yesterday.


                    [DatePublished] => 2001-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 96032
                    [Title] => SSS eyes big returns from Urban Bank investment
                    [Summary] => The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its investment arm, Urbancorp Investment Inc. (UII), SSS chairman and president Vitaliano Nañagas said yesterday.


                    [DatePublished] => 2001-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

PDIC justifies executives' hidden perks, bonuses

By Christina Mendez | September 9, 2010 - 12:00am

The Philippine Deposit Insurance Corporation (PDIC) justified yesterday the perks and bonuses hidden in so-called reimbursable funds of their executives, saying these were all covered by a code of ethics.

Headlines

QC RTC okays amended rehab plan of Philrealty

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

The Quezon City Regional Trial Court has approved the amended rehabilitation plan for cash-strapped Philippine Realty and Holdings Inc. as it found the company’s business still viable. In an order issued yesterday,...

Business

Philrealty seeks court approval for its amended rehabilitation program

By Zinnia B. Dela Peña | May 31, 2004 - 12:00am

The rehabilitation receiver for Philippine Realty and Holdings Inc. has asked the Quezon City Regional Trial Court to approve the property developer’s amended recovery program, which calls for the settlement...

Business

Erap, naka-inom nang pumirma ng 'Jose'

April 1, 2003 - 12:00am

Dahil sa dami ng ginagamit na alyas, pag-inom ng alak at pagtulog ng madaling-araw, maraming dokumentong napirmahan si dating Pangulong Estrada na ang gamit na pangalan ay "Jose" sa halip na Joseph. Ito...

Bansa

He’s so vain

By Margaret Jao-Grey  | November 26, 2002 - 12:00am

Bank notes 1: Not content with undergoing liposuction – the real reason for his dramatic weight loss – this head of a financial institution decided to also have a hair transplant. The guy admittedly looks...

Business

Export Bank set to finalize Urban Bank reopening

By Ted P. Torres | July 11, 2001 - 12:00am

The Export Industry Bank (EIB), a so-called "‘white knight" that aims to rescue Urban Bank, hopes to sign a memorandum of agreement (MOA) this week with the Philippine Deposit Insurance Corp. (PDIC)...

Business

SSS eyes big returns from Urban Bank investment

By Ted P. Torres | May 11, 2001 - 12:00am

The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its...

Business

SSS eyes big returns from Urban Bank investment

By Ted P. Torres | May 11, 2001 - 12:00am

The Social Security System (SSS) expects to earn more than P500 million in interest income from a proposed P600-million investment in the Export Industry Bank (EIB) which is expected to take over Urban Bank and its...

Business