+ Follow FINANCE UNDERSECRETARY JAY SINGSON Tag
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[ArticleID] => 326960
[Title] => Gov’t may sell Philnico nickel mine in Surigao by Q3
[Summary] => The prized nickel mine of the Philippine Nickel Co. (Philnico) could be put on the auction block as early as the third quarter of the year once the financial model for the sale of Nonoc mines is finalized by next month.
Finance officials said the financial package for Philnico is expected to be completed by next month and would pave the way for decisions on how China-based nickel giant Jinchuan Group and Shanghai Bao Steel Corp. could proceed with their investment in the mining interest.
[DatePublished] => 2006-03-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 315746
[Title] => Jinchuan Group’s investment in Philnico may be delayed further
[Summary] => The government is going back to the drawing board to re-assess the value of the controversial Nonoc mines before the Chinese mining giant Jinchuan Group could buy into the Philippine Nickel Co. (Philnico).
The Jinchuan-led consortium had been promised a quick resolution of the Philnico case but the re-appraisal of the mine could push the Chinese investment back longer than originally expected.
[DatePublished] => 2006-01-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 300104
[Title] => DOF to rebid Manila Gas properties
[Summary] => The Department of Finance (DOF) will rebid the two properties of Manila Gas Corp. in Manila and Cebu today, a ranking finance official said.
Finance Undersecretary Jay Singson said the bidding last Sept. 15 failed as only one bidder surfaced.
During the bidding last month, only Robinsons Land Corp. submitted its bid. It was learned that Ayala Land Inc. was also present during the bidding process, but did not participate in the exercise.
[DatePublished] => 2005-10-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[3] => Array
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[ArticleID] => 297161
[Title] => NG decides to push back privatization of PNOC-EDC
[Summary] => The National Government (NG) has decided to push back the planned privatization of the state-owned Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) to next year, a ranking finance official said.
Finance Undersecretary Jay Singson said the PNOC-EDC was supposed to be the next big ticket item to be auctioned off by the government this year after the Philippine National Bank (PNB).
[DatePublished] => 2005-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 296823
[Title] => RP signs 50-yr lease contract for 2 properties in Japan
[Summary] => The Department of Finance (DOF) has signed a 50-year lease contract with Berg Company Ltd. Inc. for two Philippine-owned properties in Japan.
The contract involves service and development agreements for Naniwa-Cho and Obanoyama properties both located in Kobe prefecture.
Finance Undersecretary Jay Singson said Berg submitted the highest net present value of Y759.319 million. The notice of award was issued on Jan. 25.
[DatePublished] => 2005-09-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 296469
[Title] => Privatization Council okays sale of RPN-9, IBC-13
[Summary] => The National Government’s Privatization Council has decided to jointly sell its two state-owned television networks – Radio Philippine Network (RPN-9) and Intercontinental Broadcasting Corp. (IBC-13), Finance Undersecretary Jay Singson said yesterday.
Singson said with this decision, they would rebid the financial advisory contract of RPN-9 which was previously awarded to CLSA Exchange Capital.
"The Privatization Council felt that IBC-13 is also ready for privatization so we might as well sell the two television networks together," Singson said.
[DatePublished] => 2005-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 296320
[Title] => NG to sell its stake in SMC next year
[Summary] => The National Government (NG) will likely sell its shares in the food and beverage conglomerate San Miguel Corp. (SMC) next year, a ranking finance official said over the weekend.
"Definitely not this year. If we will be able to resolve all the issues in the latter part of the year, we will probably be selling them (SMC shares) by next year," Finance Undersecretary Jay Singson told reporters over the weekend.
Singson admitted that the NG would still have to study all its options with regard to the privatization of the publicly-listed SMC.
[DatePublished] => 2005-09-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 291780
[Title] => Government has no plan to sell stakes in Petron, PNOC’s exploration firm
[Summary] => The National Government (NG) has no immediate plan to sell its stakes in Petron Corp. and Philippine National Oil Co-Exploration Corp (PNOC-EC).
Finance Undersecretary Jay Singson said yesterday that they do not see the immediate need to sell the government’s stakes in Petron Corp. and PNOC-EC.
"Given the prevailing condition in the oil sector, we need to study our moves carefully," Singson said.
[DatePublished] => 2005-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
FINANCE UNDERSECRETARY JAY SINGSON
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 326960
[Title] => Gov’t may sell Philnico nickel mine in Surigao by Q3
[Summary] => The prized nickel mine of the Philippine Nickel Co. (Philnico) could be put on the auction block as early as the third quarter of the year once the financial model for the sale of Nonoc mines is finalized by next month.
Finance officials said the financial package for Philnico is expected to be completed by next month and would pave the way for decisions on how China-based nickel giant Jinchuan Group and Shanghai Bao Steel Corp. could proceed with their investment in the mining interest.
[DatePublished] => 2006-03-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 315746
[Title] => Jinchuan Group’s investment in Philnico may be delayed further
[Summary] => The government is going back to the drawing board to re-assess the value of the controversial Nonoc mines before the Chinese mining giant Jinchuan Group could buy into the Philippine Nickel Co. (Philnico).
The Jinchuan-led consortium had been promised a quick resolution of the Philnico case but the re-appraisal of the mine could push the Chinese investment back longer than originally expected.
[DatePublished] => 2006-01-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 300104
[Title] => DOF to rebid Manila Gas properties
[Summary] => The Department of Finance (DOF) will rebid the two properties of Manila Gas Corp. in Manila and Cebu today, a ranking finance official said.
Finance Undersecretary Jay Singson said the bidding last Sept. 15 failed as only one bidder surfaced.
During the bidding last month, only Robinsons Land Corp. submitted its bid. It was learned that Ayala Land Inc. was also present during the bidding process, but did not participate in the exercise.
[DatePublished] => 2005-10-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 297161
[Title] => NG decides to push back privatization of PNOC-EDC
[Summary] => The National Government (NG) has decided to push back the planned privatization of the state-owned Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) to next year, a ranking finance official said.
Finance Undersecretary Jay Singson said the PNOC-EDC was supposed to be the next big ticket item to be auctioned off by the government this year after the Philippine National Bank (PNB).
[DatePublished] => 2005-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 296823
[Title] => RP signs 50-yr lease contract for 2 properties in Japan
[Summary] => The Department of Finance (DOF) has signed a 50-year lease contract with Berg Company Ltd. Inc. for two Philippine-owned properties in Japan.
The contract involves service and development agreements for Naniwa-Cho and Obanoyama properties both located in Kobe prefecture.
Finance Undersecretary Jay Singson said Berg submitted the highest net present value of Y759.319 million. The notice of award was issued on Jan. 25.
[DatePublished] => 2005-09-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 296469
[Title] => Privatization Council okays sale of RPN-9, IBC-13
[Summary] => The National Government’s Privatization Council has decided to jointly sell its two state-owned television networks – Radio Philippine Network (RPN-9) and Intercontinental Broadcasting Corp. (IBC-13), Finance Undersecretary Jay Singson said yesterday.
Singson said with this decision, they would rebid the financial advisory contract of RPN-9 which was previously awarded to CLSA Exchange Capital.
"The Privatization Council felt that IBC-13 is also ready for privatization so we might as well sell the two television networks together," Singson said.
[DatePublished] => 2005-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 296320
[Title] => NG to sell its stake in SMC next year
[Summary] => The National Government (NG) will likely sell its shares in the food and beverage conglomerate San Miguel Corp. (SMC) next year, a ranking finance official said over the weekend.
"Definitely not this year. If we will be able to resolve all the issues in the latter part of the year, we will probably be selling them (SMC shares) by next year," Finance Undersecretary Jay Singson told reporters over the weekend.
Singson admitted that the NG would still have to study all its options with regard to the privatization of the publicly-listed SMC.
[DatePublished] => 2005-09-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 291780
[Title] => Government has no plan to sell stakes in Petron, PNOC’s exploration firm
[Summary] => The National Government (NG) has no immediate plan to sell its stakes in Petron Corp. and Philippine National Oil Co-Exploration Corp (PNOC-EC).
Finance Undersecretary Jay Singson said yesterday that they do not see the immediate need to sell the government’s stakes in Petron Corp. and PNOC-EC.
"Given the prevailing condition in the oil sector, we need to study our moves carefully," Singson said.
[DatePublished] => 2005-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 5, 2005 - 12:00am
