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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 149410 [Title] => Napocor may face payment problems on maturing debts [Summary] => The National Power Corp. (Napocor) may face some problems in retiring some $800-million worth of maturing loans this year, according to Napocor sources.
"Operating expenses will not be a problem. It is the maturing loans that need to be addressed," the sources said.
The Napocor, sources said, could use its income from energy sales to fund its operating expenditures. Earlier estimates show that the Napocor would need about $1 billion for its capital expenses this year.
[DatePublished] => 2002-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134461 [Title] => Napocor hikes 2002 budget by 43% to P232B [Summary] => CAGAYAN DE ORO CITY State-owned National Power Corp. (Napocor) will increase its budget for 2002 by 43 percent to P232.37 billion from this years level of P162.54 billion.
Energy Secretary Vince S. Perez said Napocors proposed budget was presented and approved by the House subcommittee on budget for energy.
"This is one of the budget proposals that was speedily approved by Congress," he said.
[DatePublished] => 2001-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LEYTE-MINDANAO AND LEYTE-BOHOL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 149410 [Title] => Napocor may face payment problems on maturing debts [Summary] => The National Power Corp. (Napocor) may face some problems in retiring some $800-million worth of maturing loans this year, according to Napocor sources.
"Operating expenses will not be a problem. It is the maturing loans that need to be addressed," the sources said.
The Napocor, sources said, could use its income from energy sales to fund its operating expenditures. Earlier estimates show that the Napocor would need about $1 billion for its capital expenses this year.
[DatePublished] => 2002-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 134461 [Title] => Napocor hikes 2002 budget by 43% to P232B [Summary] => CAGAYAN DE ORO CITY State-owned National Power Corp. (Napocor) will increase its budget for 2002 by 43 percent to P232.37 billion from this years level of P162.54 billion.
Energy Secretary Vince S. Perez said Napocors proposed budget was presented and approved by the House subcommittee on budget for energy.
"This is one of the budget proposals that was speedily approved by Congress," he said.
[DatePublished] => 2001-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | February 4, 2002 - 12:00am
September 22, 2001 - 12:00am
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