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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265079 [Title] => SEC chief willing to take pay cut [Summary] => Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes.
"If it has to be cut so be it. When I accepted the job, the matter of what I get was not an issue. Its too late to raise that now," Barin told the Manila Overseas Press Clubs (MOPC) weekly breakfast forum at the Ristorante La Dolce Fontana in Greenhills, San Juan yesterday.
[DatePublished] => 2004-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 262557 [Title] => SEC asked to explain P.5-M salary for a liquidator [Summary] => A ranking member of the House of Representatives has asked the Securities and Exchange Commission (SEC) to disclose its dealings with companies placed under receivership by the regulatory body following published reports that a liquidator is receives P500,000 monthly income from the government agency.
Rep. Jesus Jurdin Romualdo (Camiguin), nominee for the 12-man House panel for the Commission on Appointments, said he was surprised upon learning that a liquidator can earn up to half a million pesos a month.
[DatePublished] => 2004-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 262441 [Title] => PSE mulls creation of integrity board [Summary] => The Philippine Stock Exchange (PSE) could set up an integrity board that would ensure the objectivity of audits conducted by its trading watchdog, the Compliance and Surveillance Group (CSG).
According to Securities and Exchange Commission (SEC) chairman Lilia Bautista, they may no longer require the PSE to spin off the CSG into a separate corporation but instead, merely require the exchange to create an integrity board that that would ensure the CSGs independence.
[DatePublished] => 2004-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261952 [Title] => Barin appointment hailed [Summary] => The top officials of the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) lauded yesterday the appointment of Fe Barin, a long-time member of the Monetary Board, as the new SEC chairperson to replace Lilia Bautista.
Bautista, who, in turn, was named the next Philippine ambassador to Belgium, said Barin is fit for the job considering the latters expertise in banking regulations.
[DatePublished] => 2004-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 252324 [Title] => ISM eyes PT&T [Summary] => ISM Communications Corp. (formerly Itogon-Suyoc Mines Inc.) has just confirmed that it is indeed targeting to acquire a controlling 40 percent stake in an unlisted and one of the oldest telecommunications companies in the country for P400 million. Due diligence investigations of the companys books will soon follow.
[DatePublished] => 2004-06-02 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 251896 [Title] => Legarda bats for more women on corporate boards [Summary] => Sen. Loren Legarda has urged leaders of Philippine corporations to put more eligible women on their boards to help promote gender equality in the boardroom.
"We definitely would like to see more women on corporate boards," Legarda said.
"If we really mean business in fostering gender equality, then corporations should be encouraged to designate more qualified women to sit on their highest policy-making bodies," Legarda said.
[DatePublished] => 2004-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 249238 [Title] => Sophisticated pyramiding [Summary] => By next month, the cost per kilo of feeding a pig or chicken would be higher than the cost per kilo of feeding a Filipino.
Heres why. On the one hand, the price of barely edible rice is expected to remain steady at between P12 and P14. On the other hand, the price of feeds a mixture of stuff including corn meal is expected to hit between P18 and P20 a kilo because whatever supply there will be in June will be significantly less than demand.
[DatePublished] => 2004-05-08 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 202795 [Title] => The secret ingredient [Summary] => Did you know 1: The secret ingredient in good hand-made paper is overly ripe okra. You see, the mucilage in okra binds the cellulose of fibers like abaca, which has been broken down to a pulp to form the paper.
[DatePublished] => 2003-04-15 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 177501 [Title] => Pre-need trust funds now at P44-B [Summary] => The Securities and Exchange Commission has placed the trust funds of the pre-need industry at P44 billion, up by P7 billion since six months ago, and declared all 46 pre-need companies solvent.
Citing its latest available data, the SEC said it looked at the 2001 financial statements of all pre-need companies and found each one to have more assets than liabilities, a measure of solvency.
The commission also released the latest trust fund balance of the industry after getting reports from trustee banks which invest the funds independently of the pre-need companies.
[DatePublished] => 2002-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 175448 [Title] => Everflow decries smear campaign [Summary] => The Everflow Company branded yesterday as highly anomalous earlier published reports, which suggested that the firm is under investigation by the Securities and Exchange Commission (SEC) for fraud.
Merchant Marine Capt. Felix Aquino said the recent attack against their company was aimed to put pressure on SEC, particularly its Compliance and Enforcement Department (CED) to issue a cease-and-desist order (CDO), despite the lack of evidence to warrant such an issuance.
[DatePublished] => 2002-09-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LILIA BAUTISTA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265079 [Title] => SEC chief willing to take pay cut [Summary] => Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes.
"If it has to be cut so be it. When I accepted the job, the matter of what I get was not an issue. Its too late to raise that now," Barin told the Manila Overseas Press Clubs (MOPC) weekly breakfast forum at the Ristorante La Dolce Fontana in Greenhills, San Juan yesterday.
[DatePublished] => 2004-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 262557 [Title] => SEC asked to explain P.5-M salary for a liquidator [Summary] => A ranking member of the House of Representatives has asked the Securities and Exchange Commission (SEC) to disclose its dealings with companies placed under receivership by the regulatory body following published reports that a liquidator is receives P500,000 monthly income from the government agency.
Rep. Jesus Jurdin Romualdo (Camiguin), nominee for the 12-man House panel for the Commission on Appointments, said he was surprised upon learning that a liquidator can earn up to half a million pesos a month.
[DatePublished] => 2004-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 262441 [Title] => PSE mulls creation of integrity board [Summary] => The Philippine Stock Exchange (PSE) could set up an integrity board that would ensure the objectivity of audits conducted by its trading watchdog, the Compliance and Surveillance Group (CSG).
According to Securities and Exchange Commission (SEC) chairman Lilia Bautista, they may no longer require the PSE to spin off the CSG into a separate corporation but instead, merely require the exchange to create an integrity board that that would ensure the CSGs independence.
[DatePublished] => 2004-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261952 [Title] => Barin appointment hailed [Summary] => The top officials of the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) lauded yesterday the appointment of Fe Barin, a long-time member of the Monetary Board, as the new SEC chairperson to replace Lilia Bautista.
Bautista, who, in turn, was named the next Philippine ambassador to Belgium, said Barin is fit for the job considering the latters expertise in banking regulations.
[DatePublished] => 2004-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 252324 [Title] => ISM eyes PT&T [Summary] => ISM Communications Corp. (formerly Itogon-Suyoc Mines Inc.) has just confirmed that it is indeed targeting to acquire a controlling 40 percent stake in an unlisted and one of the oldest telecommunications companies in the country for P400 million. Due diligence investigations of the companys books will soon follow.
[DatePublished] => 2004-06-02 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 251896 [Title] => Legarda bats for more women on corporate boards [Summary] => Sen. Loren Legarda has urged leaders of Philippine corporations to put more eligible women on their boards to help promote gender equality in the boardroom.
"We definitely would like to see more women on corporate boards," Legarda said.
"If we really mean business in fostering gender equality, then corporations should be encouraged to designate more qualified women to sit on their highest policy-making bodies," Legarda said.
[DatePublished] => 2004-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 249238 [Title] => Sophisticated pyramiding [Summary] => By next month, the cost per kilo of feeding a pig or chicken would be higher than the cost per kilo of feeding a Filipino.
Heres why. On the one hand, the price of barely edible rice is expected to remain steady at between P12 and P14. On the other hand, the price of feeds a mixture of stuff including corn meal is expected to hit between P18 and P20 a kilo because whatever supply there will be in June will be significantly less than demand.
[DatePublished] => 2004-05-08 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 202795 [Title] => The secret ingredient [Summary] => Did you know 1: The secret ingredient in good hand-made paper is overly ripe okra. You see, the mucilage in okra binds the cellulose of fibers like abaca, which has been broken down to a pulp to form the paper.
[DatePublished] => 2003-04-15 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 177501 [Title] => Pre-need trust funds now at P44-B [Summary] => The Securities and Exchange Commission has placed the trust funds of the pre-need industry at P44 billion, up by P7 billion since six months ago, and declared all 46 pre-need companies solvent.
Citing its latest available data, the SEC said it looked at the 2001 financial statements of all pre-need companies and found each one to have more assets than liabilities, a measure of solvency.
The commission also released the latest trust fund balance of the industry after getting reports from trustee banks which invest the funds independently of the pre-need companies.
[DatePublished] => 2002-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 175448 [Title] => Everflow decries smear campaign [Summary] => The Everflow Company branded yesterday as highly anomalous earlier published reports, which suggested that the firm is under investigation by the Securities and Exchange Commission (SEC) for fraud.
Merchant Marine Capt. Felix Aquino said the recent attack against their company was aimed to put pressure on SEC, particularly its Compliance and Enforcement Department (CED) to issue a cease-and-desist order (CDO), despite the lack of evidence to warrant such an issuance.
[DatePublished] => 2002-09-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | September 17, 2004 - 12:00am
August 25, 2004 - 12:00am
By Zinnia B. Dela Peña | August 24, 2004 - 12:00am
By Zinnia B. Dela Peña | August 20, 2004 - 12:00am
June 2, 2004 - 12:00am
May 30, 2004 - 12:00am
By Margaret Jao-Grey | May 8, 2004 - 12:00am
By Margaret Jao-Grey | April 15, 2003 - 12:00am
September 26, 2002 - 12:00am
September 10, 2002 - 12:00am
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