^
+ Follow FRANKFURT AIRPORT SERVICES WORLDWIDE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 385122
                    [Title] => Favila announces creation of investment ombudsman
                    [Summary] => 



In an attempt to encourage investments in the country, Trade and Industry (DTI) Secretary Peter B. Favila has announced the creation of an investment ombudsman who will oversee graft charges against government officials perceived to be blocking investment activities.


With the ombudsman in place, Favila said the government hopes more investments will come in as bureaucracy will be lessened. Initially, the ombudsman will hold office at DTI and will focus on complaints against local government units.
[DatePublished] => 2007-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 370905 [Title] => RP losing $300-$400M yearly due to nullified NAIA-3 deal, says Neri [Summary] => The country is losing between $300 million to $400 million worth of foreign investments a year because of the Supreme Court decision to nullifying the contract between the government and the foreign investors who built the Ninoy Aquino International Airport Terminal 3, a top economic manager said.

At the sidelines of a legal forum held yesterday, Socioeconomic Planning Secretary Romulo L. Neri said the perception of the judiciary declaring contracts void has deterred businessmen from investing in the country.
[DatePublished] => 2006-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 369820 [Title] => Legal issues delay infrastructure projects, says Neri [Summary] => Legal obstacles have been identified as among the reasons why infrastructure projects are being delayed and investors are wary of bringing in business in the country, an economic manager said.

"The main source of delay is the legal issues sometimes that’s why there are snags in the project," Socioeconomic Planning Secretary and National Economic Development Authority (NEDA) Director General Romulo L. Neri, said.
[DatePublished] => 2006-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149173 [Title] => Int’l business community watching NAIA 3 — exec [Summary] => The international business community is "closely watching" the Ninoy Aquino International Airport Passenger Terminal 3 (NAIA-IPT 3) project, an official of FRAport AG Frankfurt Airport Services Worldwide, a German firm involved with the project, said yesterday.

"All eyes are on this very important undertaking," said Bernd Struck, Fraport executive vice president. He pointed out that the project’s success is "crucial to boosting investor confidence in the Philippines."
[DatePublished] => 2002-02-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 147004 [Title] => German firm reaffirms support for airport deal [Summary] => Fraport AG, the German shareholder of the Philippine International Air Terminals Co. Inc. (PIATCO), builder and operator of the soon-to-open International Passenger Terminal 3 of the Ninoy Aquino International Airport (NAIA), recently maintained that it would continue to participate in the construction and management of the new terminal.
[DatePublished] => 2002-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 132060 [Title] => Foreign business groups eye NAIA 3 opening [Summary] => International airlines serving the Philippines, the community of foreign businessmen in the country and the Philippine Association of Travel Agencies, said the $440 million loan for the new international airport will expedite the completion of the project, adding that the opening of NAIA 3 would further enhance tourism and foreign investments in the country.
[DatePublished] => 2001-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FRANKFURT AIRPORT SERVICES WORLDWIDE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 385122
                    [Title] => Favila announces creation of investment ombudsman
                    [Summary] => 



In an attempt to encourage investments in the country, Trade and Industry (DTI) Secretary Peter B. Favila has announced the creation of an investment ombudsman who will oversee graft charges against government officials perceived to be blocking investment activities.


With the ombudsman in place, Favila said the government hopes more investments will come in as bureaucracy will be lessened. Initially, the ombudsman will hold office at DTI and will focus on complaints against local government units.
[DatePublished] => 2007-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 370905 [Title] => RP losing $300-$400M yearly due to nullified NAIA-3 deal, says Neri [Summary] => The country is losing between $300 million to $400 million worth of foreign investments a year because of the Supreme Court decision to nullifying the contract between the government and the foreign investors who built the Ninoy Aquino International Airport Terminal 3, a top economic manager said.

At the sidelines of a legal forum held yesterday, Socioeconomic Planning Secretary Romulo L. Neri said the perception of the judiciary declaring contracts void has deterred businessmen from investing in the country.
[DatePublished] => 2006-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 369820 [Title] => Legal issues delay infrastructure projects, says Neri [Summary] => Legal obstacles have been identified as among the reasons why infrastructure projects are being delayed and investors are wary of bringing in business in the country, an economic manager said.

"The main source of delay is the legal issues sometimes that’s why there are snags in the project," Socioeconomic Planning Secretary and National Economic Development Authority (NEDA) Director General Romulo L. Neri, said.
[DatePublished] => 2006-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149173 [Title] => Int’l business community watching NAIA 3 — exec [Summary] => The international business community is "closely watching" the Ninoy Aquino International Airport Passenger Terminal 3 (NAIA-IPT 3) project, an official of FRAport AG Frankfurt Airport Services Worldwide, a German firm involved with the project, said yesterday.

"All eyes are on this very important undertaking," said Bernd Struck, Fraport executive vice president. He pointed out that the project’s success is "crucial to boosting investor confidence in the Philippines."
[DatePublished] => 2002-02-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 147004 [Title] => German firm reaffirms support for airport deal [Summary] => Fraport AG, the German shareholder of the Philippine International Air Terminals Co. Inc. (PIATCO), builder and operator of the soon-to-open International Passenger Terminal 3 of the Ninoy Aquino International Airport (NAIA), recently maintained that it would continue to participate in the construction and management of the new terminal.
[DatePublished] => 2002-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 132060 [Title] => Foreign business groups eye NAIA 3 opening [Summary] => International airlines serving the Philippines, the community of foreign businessmen in the country and the Philippine Association of Travel Agencies, said the $440 million loan for the new international airport will expedite the completion of the project, adding that the opening of NAIA 3 would further enhance tourism and foreign investments in the country.
[DatePublished] => 2001-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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