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+ Follow LEONARDO MABALE Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 428761 [Title] => Results of COA audit on Meralco out next month [Summary] =>The Commission on Audit (COA) is expected to come out with the results of the review of Manila Electric Co’s. books next month.
[DatePublished] => 2009-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 3664 [Title] => Meralco nears halfway mark in P30-B refund program [Summary] => [DatePublished] => 2007-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 313779 [Title] => Meralco to start phase IV-A of refund process next month [Summary] => The Manila Electric Co. (Meralco) expects to start next month phase IV-A of the refund process, a ranking company official said.
"We are now processing the first batch of applications for post-dated checks. We expect that this will be reflected in the January billing period of these customers," Meralco senior assistant vice president and refund management task force head Leonardo Mabale said.
Mabale said they completed last month the delivery of letters of notice to phase IV-A customers.
[DatePublished] => 2005-12-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 313129 [Title] => PCCI opposes government takeover of Meralco [Summary] => The Philippine Chamber of Commerce and Industry (PCCI) is against the proposed government takeover of the Manila Electric Co. (Meralco) and the conversion of its refund to big consumers to equity in the power firm.
PCCI president Donald Dee warned the business community "should not be misled by these two separate and distinct issues."
In a telephone interview, Dee said Meralco is better off in the hands of the private sector.
[DatePublished] => 2005-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 311481 [Title] => Refund process for commercial, industrial customers has started, says Meralco [Summary] => Manila Electric Co. (Meralco) has assured its commercial and industrial customers that the processing of their refunds has started.
Meralco issued this statement to answer allegations made by Federation of Philippine Industries (FPI) president Jesus Aranza that the refund is long overdue and should now be released to industries.
"We would like to assure FPI that we have in fact started the processing of the refund for Phase IV,"Meralco senior assistant vice president and refund management task force head Leonardo Mabale said.
[DatePublished] => 2005-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 279939 [Title] => Meralco admits delay in release of refunds [Summary] => The Manila Electric Co. (Meralco) admitted yesterday that there will be a delay in the release of refunds for industrial and large commercial customers but has offered to issue them post-dated checks instead.
The P18-billion refund process for commercial and industrial customers is the fourth and last phase of the Supreme Courts November 2001 order calling for Meralco to pay back customers some P30 billion in overcharges since 1994.
[DatePublished] => 2005-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 263833 [Title] => Meralco proposes 2-pronged scheme on refunds last phase [Summary] => Power distributor Manila Electric Co. (Meralco) has proposed a two-pronged approach in undertaking the last and costliest phase of its customer refund scheme over a five-year period starting next year.
In a proposal submitted to the Energy Regulatory Commission (ERC), Meralco said it plans to carry out Phase IV of the refund process through a combination of fixed credit to bills and issuance of refund notes to affected clients.
[DatePublished] => 2004-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 251440 [Title] => Meralco needs $120M to pay maturing obligations next year [Summary] => The Manila Electric Co. (Meralco) would need around $120 million next year to finance its long-term maturing obligations, a ranking Meralco official said.
In a press conference after the companys annual stockholders meeting, Meralco treasurer Rafael Andrada said they are trying to raise $200 million from the capital markets to finance their maturing debts this year and in 2005.
For the second half of 2004, the power utility firm will have to raise about $45 to $50 million to fund its remaining long-term debts for the year.
[DatePublished] => 2004-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LEONARDO MABALE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 428761 [Title] => Results of COA audit on Meralco out next month [Summary] =>The Commission on Audit (COA) is expected to come out with the results of the review of Manila Electric Co’s. books next month.
[DatePublished] => 2009-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 3664 [Title] => Meralco nears halfway mark in P30-B refund program [Summary] => [DatePublished] => 2007-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 313779 [Title] => Meralco to start phase IV-A of refund process next month [Summary] => The Manila Electric Co. (Meralco) expects to start next month phase IV-A of the refund process, a ranking company official said.
"We are now processing the first batch of applications for post-dated checks. We expect that this will be reflected in the January billing period of these customers," Meralco senior assistant vice president and refund management task force head Leonardo Mabale said.
Mabale said they completed last month the delivery of letters of notice to phase IV-A customers.
[DatePublished] => 2005-12-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 313129 [Title] => PCCI opposes government takeover of Meralco [Summary] => The Philippine Chamber of Commerce and Industry (PCCI) is against the proposed government takeover of the Manila Electric Co. (Meralco) and the conversion of its refund to big consumers to equity in the power firm.
PCCI president Donald Dee warned the business community "should not be misled by these two separate and distinct issues."
In a telephone interview, Dee said Meralco is better off in the hands of the private sector.
[DatePublished] => 2005-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 311481 [Title] => Refund process for commercial, industrial customers has started, says Meralco [Summary] => Manila Electric Co. (Meralco) has assured its commercial and industrial customers that the processing of their refunds has started.
Meralco issued this statement to answer allegations made by Federation of Philippine Industries (FPI) president Jesus Aranza that the refund is long overdue and should now be released to industries.
"We would like to assure FPI that we have in fact started the processing of the refund for Phase IV,"Meralco senior assistant vice president and refund management task force head Leonardo Mabale said.
[DatePublished] => 2005-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 279939 [Title] => Meralco admits delay in release of refunds [Summary] => The Manila Electric Co. (Meralco) admitted yesterday that there will be a delay in the release of refunds for industrial and large commercial customers but has offered to issue them post-dated checks instead.
The P18-billion refund process for commercial and industrial customers is the fourth and last phase of the Supreme Courts November 2001 order calling for Meralco to pay back customers some P30 billion in overcharges since 1994.
[DatePublished] => 2005-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 263833 [Title] => Meralco proposes 2-pronged scheme on refunds last phase [Summary] => Power distributor Manila Electric Co. (Meralco) has proposed a two-pronged approach in undertaking the last and costliest phase of its customer refund scheme over a five-year period starting next year.
In a proposal submitted to the Energy Regulatory Commission (ERC), Meralco said it plans to carry out Phase IV of the refund process through a combination of fixed credit to bills and issuance of refund notes to affected clients.
[DatePublished] => 2004-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 251440 [Title] => Meralco needs $120M to pay maturing obligations next year [Summary] => The Manila Electric Co. (Meralco) would need around $120 million next year to finance its long-term maturing obligations, a ranking Meralco official said.
In a press conference after the companys annual stockholders meeting, Meralco treasurer Rafael Andrada said they are trying to raise $200 million from the capital markets to finance their maturing debts this year and in 2005.
For the second half of 2004, the power utility firm will have to raise about $45 to $50 million to fund its remaining long-term debts for the year.
[DatePublished] => 2004-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | January 5, 2009 - 12:00am
By Donnabelle L. Gatdula | June 2, 2007 - 12:00am
By Donnabelle L. Gatdula | December 26, 2005 - 12:00am
By Donnabelle L. Gatdula | December 21, 2005 - 12:00am
By Donnabelle L. Gatdula | December 10, 2005 - 12:00am
By Donnabelle L. Gatdula | June 1, 2005 - 12:00am
By Donnabelle L. Gatdula | September 7, 2004 - 12:00am
By Donnabelle L. Gatdula | May 26, 2004 - 12:00am
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Lotto Sep 18, 2024
EZ2/LVM - 27 7
SUERTRES - 0 6 4
4D Lotto - 1 9 2 6
6/45 Mega Lotto - 36 4 29 25 45 28
P55,038,387.00
6/55 Grand Lotto - 2 15 45 31 19 24
P29,700,000.00
Forex
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1$ : P51.66