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                    [ArticleID] => 98407
                    [Title] => NDC writes off P4 B in bad investments
                    [Summary] => The Economic Coordinating Council (ECC) has allowed the National Development Co. (NDC) to absorb some P4 billion in losses due to bad investments and loans to such companies as the controversial First Centennial Clark Corp. and the National Steel Corp.


Trade and Industry Secretary Manuel Roxas II told reporters that the ECC approved the NDC decision to clean up its books as the government’s investment arm gears up for financial restructuring.


                    [DatePublished] => 2000-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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FIRST CENTENNIAL

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                    [ArticleID] => 98407
                    [Title] => NDC writes off P4 B in bad investments
                    [Summary] => The Economic Coordinating Council (ECC) has allowed the National Development Co. (NDC) to absorb some P4 billion in losses due to bad investments and loans to such companies as the controversial First Centennial Clark Corp. and the National Steel Corp.


Trade and Industry Secretary Manuel Roxas II told reporters that the ECC approved the NDC decision to clean up its books as the government’s investment arm gears up for financial restructuring.


                    [DatePublished] => 2000-10-04 00:00:00
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abtest

NDC writes off P4 B in bad investments

By Des Ferriols | October 4, 2000 - 12:00am

The Economic Coordinating Council (ECC) has allowed the National Development Co. (NDC) to absorb some P4 billion in losses due to bad investments and loans to such companies as the controversial First Centennial...

Business