^
+ Follow PATRICK GIRAUD Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 289773
                    [Title] => ADB allows sale of 600-MW Masinloc power plant
                    [Summary] => The Asian Development Bank (ADB) gave  its consent to the sale of the 600-megawatt Masinloc coal-fired power plant in Zambales while another creditor, the Japan Bank for International Cooperation (JBIC) is expected to shortly follow suit. 


The Power Sector Assets and Liabilities Management Corp. (PSALM), the government’s power privatization agency said that the creditor consent extended to Masinloc coincided with ADB’s approval of the transfer of liabilities and eligible generation assets of the National Power Corp. (Napocor).
[DatePublished] => 2005-08-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 224670 [Title] => Gov’t extends $167-M airport dev’t project for one year [Summary] => The government has extended the $167-million Third Airport Development Project for one more year, in the hope of clearing up the anomaly in the pre-qualification of private contractors that would undertake the project.

Finance sources told reporters that the government asked for a one-year extension from creditors while the Department of Transportation and Communications (DOTC) sorts out the controversy over the bidding of the project.
[DatePublished] => 2003-10-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 211469 [Title] => ADB expected to cancel $300-M loans to RP [Summary] => The Asian Development Bank (ADB) expects to cancel about $300 million in loans to the Philippines over Manila’s failure to disburse and utilize the funds, officials at the lending agency said Wednesday.

The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.

Thomas Crouch, country director for the Philippines, said the ADB had a total of $3.2 billion in loans to the country, or about six percent of the Philippines’ total external debt.
[DatePublished] => 2003-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
PATRICK GIRAUD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 289773
                    [Title] => ADB allows sale of 600-MW Masinloc power plant
                    [Summary] => The Asian Development Bank (ADB) gave  its consent to the sale of the 600-megawatt Masinloc coal-fired power plant in Zambales while another creditor, the Japan Bank for International Cooperation (JBIC) is expected to shortly follow suit. 


The Power Sector Assets and Liabilities Management Corp. (PSALM), the government’s power privatization agency said that the creditor consent extended to Masinloc coincided with ADB’s approval of the transfer of liabilities and eligible generation assets of the National Power Corp. (Napocor).
[DatePublished] => 2005-08-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 224670 [Title] => Gov’t extends $167-M airport dev’t project for one year [Summary] => The government has extended the $167-million Third Airport Development Project for one more year, in the hope of clearing up the anomaly in the pre-qualification of private contractors that would undertake the project.

Finance sources told reporters that the government asked for a one-year extension from creditors while the Department of Transportation and Communications (DOTC) sorts out the controversy over the bidding of the project.
[DatePublished] => 2003-10-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 211469 [Title] => ADB expected to cancel $300-M loans to RP [Summary] => The Asian Development Bank (ADB) expects to cancel about $300 million in loans to the Philippines over Manila’s failure to disburse and utilize the funds, officials at the lending agency said Wednesday.

The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.

Thomas Crouch, country director for the Philippines, said the ADB had a total of $3.2 billion in loans to the country, or about six percent of the Philippines’ total external debt.
[DatePublished] => 2003-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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