^
+ Follow FORUM CENTER Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100530
                    [Title] => No favorites in Napocor sale -- Puno
                    [Summary] => 

The privatization of the National Power Corp. (Napocor) will not favor foreign investors and the so-called Estrada cronies, according to a government official.

"In fact, we have been encouraging foreign groups starting business in the energy sector to tap local partners," Napocor president Federico E. Puno said, in reaction to allegations from some congressional quarters.

Puno added that even those entering the exploration, generation and distribution of energy and energy-sources have found it viable to seek local partners. [DatePublished] => 2000-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100711 [Title] => Puno warns of added debts, higher power costs [Summary] =>

The government may incur additional debts and a possible hike in power rates if the National Power Corp. (Napocor) is not privatized soon, Napocor president and chief executive officer Federico Puno said recently.

He said the National Government will have to constantly recapitalize the government power firm as long as it remains in the public sector realm.

"There will be three basic scenarios if Napocor is not privatized. First, we have (Napocor) to be recapitalized. [DatePublished] => 2000-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

FORUM CENTER
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100530
                    [Title] => No favorites in Napocor sale -- Puno
                    [Summary] => 

The privatization of the National Power Corp. (Napocor) will not favor foreign investors and the so-called Estrada cronies, according to a government official.

"In fact, we have been encouraging foreign groups starting business in the energy sector to tap local partners," Napocor president Federico E. Puno said, in reaction to allegations from some congressional quarters.

Puno added that even those entering the exploration, generation and distribution of energy and energy-sources have found it viable to seek local partners. [DatePublished] => 2000-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100711 [Title] => Puno warns of added debts, higher power costs [Summary] =>

The government may incur additional debts and a possible hike in power rates if the National Power Corp. (Napocor) is not privatized soon, Napocor president and chief executive officer Federico Puno said recently.

He said the National Government will have to constantly recapitalize the government power firm as long as it remains in the public sector realm.

"There will be three basic scenarios if Napocor is not privatized. First, we have (Napocor) to be recapitalized. [DatePublished] => 2000-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with