^
+ Follow MARIANNE V Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 458562
                    [Title] => Manila Water to invest additional P263 billion
                    [Summary] => 

The Ayala-led Manila Water Co. (MWC) will invest an additional P263 billion with the approval of a 15-year extension of its franchise agreement with the Metropolitan Waterworks and Sewerage System (MWSS).

[DatePublished] => 2009-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 274748 [Title] => RP, China seen to sign 10 bilateral pacts [Summary] => The Philippines and China are expected to sign at least 10 bilateral agreements and six commercial agreements worth about $1 billion during the visit of Chinese President Hu JinTao at the end of this month.

According to Ambassador Jose Antonio, special envoy to the People’s Republic of China, the 10 bilateral agreements and six commercial agreements represents "the first wave of Chinese investments in the country."
[DatePublished] => 2005-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 218448 [Title] => Auto makers ask GMA to veto new excise tax law [Summary] => Local auto makers will lobby for a presidential veto against the new excise tax law on motor vehicles after the bicameral conference committee shortened the transition period for the effectivity of the new law from two months to 45 days.

Industry sources said that while automakers have largely conceded to the shift in the basis of the tax from engine size to value, there was a serious conflict over the effectivity date of the law.
[DatePublished] => 2003-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 201536 [Title] => Exports up 3.7% to $2.724B in February [Summary] => Merchandise exports were slightly higher in February despite shrinking shipments to the US, but analysts warned of trouble ahead if the war in Iraq is prolonged or if a killer virus continues to batter Asian economies.

Exports, which make up about two-fifths of the country’s overall economy, rose to $2.724 billion in February from $2.691 billion in January, the National Statistics Office (NSO) reported yesterday.

They were also 3.7 percent higher than the $2.628 billion in February 2002, posting the 11th straight month of year-on-year gains.
[DatePublished] => 2003-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 200120 [Title] => Japanese car exec fears ‘death’ of AUVs sans perks [Summary] => Former Isuzu Philippines executive vice president Hiroshi Ishino expressed fears on the possible "death" of the Asian Utility Vehicles (AUVs) with the removal of government incentives.

Ishino, who virtually built up Isuzu’s AUV division seven years ago, lamented the fact that he is leaving Isuzu at a time when there is uncertainty in the local automotive industry due to the government’s policy changes.
[DatePublished] => 2003-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 180343 [Title] => Define ‘automobile’, Congress asked [Summary] => The Department of Finance (DOF) and the Department of Trade and Industry (DTI) will ask Congress to redefine the term "automobile" in a move to correct the inequities and plug the loopholes of the existing excise tax system of the local automotive industry.

Trade and Industry Secretary Manuel Roxas II said the DOF and DTI have come up with a draft bill that would clearly define the term "automobile" for purposes of excise taxation.
[DatePublished] => 2002-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 172150 [Title] => Crisis for world’s airlines seen to last till 2004 [Summary] => A crisis of overcapacity and financial losses will haunt the world’s airlines at least until 2004 by which time several more will likely have gone bust, an aviation economist said yesterday.

The crisis was caused by the abrupt liberalization of the industry and the September 11 terror attacks aggravated the situation, said Rigas Doganis, chairman of the Brussels-based European Aviation Club.

"Liberalization has made it more difficult to be profitable because of overcapacity," Doganis said in a speech to businessmen in the Philippine capital.
[DatePublished] => 2002-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 170519 [Title] => Roxas pushes creation of pre-need planholders’ protection scheme [Summary] => Trade and Industry Secretary Manuel Roxas II proposed yesterday the creation of a pre-need plan holders’ protection fund following reports of trust fund deficiencies of a number of pre-need firms.

"The government has been dragging its feet too long to the detriment of millions of Filipino consumers who have invested in pre-need plans for the future of their family," Roxas said.
[DatePublished] => 2002-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 168449 [Title] => Free trade talks between Asean, China hit snag [Summary] => China is having difficulty opening up its market as part of a plan to enter into a free trade agreement (FTA) with the Association of South East Asian Nations (ASEAN), high ranking government sources disclosed over the weekend.

"China has already cited difficulties in meeting its commitments as member of the World Trade Organization (WTO)," sources said, adding that "It (China) has complained that its economy has had to undergo structural adjustments."
[DatePublished] => 2002-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 166055 [Title] => SSS needs to raise contributions from members — US firm [Summary] => Watson Wyatt Worlwide, a US consultancy firm, said yesterday there is a need for the state-owned Social Security System (SSS) to increase its member-contribution to avert a financial crisis in the next few years.

"An actuarial valuation of the SS funds showed that the government-run pension fund system would run out of funds by 2015 due to soured investments," a top executive of Watson Wyatt said yesterday.

Watson Wyatt president and chief executive officer John Haley said the government should act now rather than wait for the SSS to collapse. [DatePublished] => 2002-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MARIANNE V
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 458562
                    [Title] => Manila Water to invest additional P263 billion
                    [Summary] => 

The Ayala-led Manila Water Co. (MWC) will invest an additional P263 billion with the approval of a 15-year extension of its franchise agreement with the Metropolitan Waterworks and Sewerage System (MWSS).

[DatePublished] => 2009-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 274748 [Title] => RP, China seen to sign 10 bilateral pacts [Summary] => The Philippines and China are expected to sign at least 10 bilateral agreements and six commercial agreements worth about $1 billion during the visit of Chinese President Hu JinTao at the end of this month.

According to Ambassador Jose Antonio, special envoy to the People’s Republic of China, the 10 bilateral agreements and six commercial agreements represents "the first wave of Chinese investments in the country."
[DatePublished] => 2005-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 218448 [Title] => Auto makers ask GMA to veto new excise tax law [Summary] => Local auto makers will lobby for a presidential veto against the new excise tax law on motor vehicles after the bicameral conference committee shortened the transition period for the effectivity of the new law from two months to 45 days.

Industry sources said that while automakers have largely conceded to the shift in the basis of the tax from engine size to value, there was a serious conflict over the effectivity date of the law.
[DatePublished] => 2003-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 201536 [Title] => Exports up 3.7% to $2.724B in February [Summary] => Merchandise exports were slightly higher in February despite shrinking shipments to the US, but analysts warned of trouble ahead if the war in Iraq is prolonged or if a killer virus continues to batter Asian economies.

Exports, which make up about two-fifths of the country’s overall economy, rose to $2.724 billion in February from $2.691 billion in January, the National Statistics Office (NSO) reported yesterday.

They were also 3.7 percent higher than the $2.628 billion in February 2002, posting the 11th straight month of year-on-year gains.
[DatePublished] => 2003-04-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 200120 [Title] => Japanese car exec fears ‘death’ of AUVs sans perks [Summary] => Former Isuzu Philippines executive vice president Hiroshi Ishino expressed fears on the possible "death" of the Asian Utility Vehicles (AUVs) with the removal of government incentives.

Ishino, who virtually built up Isuzu’s AUV division seven years ago, lamented the fact that he is leaving Isuzu at a time when there is uncertainty in the local automotive industry due to the government’s policy changes.
[DatePublished] => 2003-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 180343 [Title] => Define ‘automobile’, Congress asked [Summary] => The Department of Finance (DOF) and the Department of Trade and Industry (DTI) will ask Congress to redefine the term "automobile" in a move to correct the inequities and plug the loopholes of the existing excise tax system of the local automotive industry.

Trade and Industry Secretary Manuel Roxas II said the DOF and DTI have come up with a draft bill that would clearly define the term "automobile" for purposes of excise taxation.
[DatePublished] => 2002-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 172150 [Title] => Crisis for world’s airlines seen to last till 2004 [Summary] => A crisis of overcapacity and financial losses will haunt the world’s airlines at least until 2004 by which time several more will likely have gone bust, an aviation economist said yesterday.

The crisis was caused by the abrupt liberalization of the industry and the September 11 terror attacks aggravated the situation, said Rigas Doganis, chairman of the Brussels-based European Aviation Club.

"Liberalization has made it more difficult to be profitable because of overcapacity," Doganis said in a speech to businessmen in the Philippine capital.
[DatePublished] => 2002-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 170519 [Title] => Roxas pushes creation of pre-need planholders’ protection scheme [Summary] => Trade and Industry Secretary Manuel Roxas II proposed yesterday the creation of a pre-need plan holders’ protection fund following reports of trust fund deficiencies of a number of pre-need firms.

"The government has been dragging its feet too long to the detriment of millions of Filipino consumers who have invested in pre-need plans for the future of their family," Roxas said.
[DatePublished] => 2002-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 168449 [Title] => Free trade talks between Asean, China hit snag [Summary] => China is having difficulty opening up its market as part of a plan to enter into a free trade agreement (FTA) with the Association of South East Asian Nations (ASEAN), high ranking government sources disclosed over the weekend.

"China has already cited difficulties in meeting its commitments as member of the World Trade Organization (WTO)," sources said, adding that "It (China) has complained that its economy has had to undergo structural adjustments."
[DatePublished] => 2002-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 166055 [Title] => SSS needs to raise contributions from members — US firm [Summary] => Watson Wyatt Worlwide, a US consultancy firm, said yesterday there is a need for the state-owned Social Security System (SSS) to increase its member-contribution to avert a financial crisis in the next few years.

"An actuarial valuation of the SS funds showed that the government-run pension fund system would run out of funds by 2015 due to soured investments," a top executive of Watson Wyatt said yesterday.

Watson Wyatt president and chief executive officer John Haley said the government should act now rather than wait for the SSS to collapse. [DatePublished] => 2002-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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