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                    [ArticleID] => 306117
                    [Title] => Global Steel default worries 13 creditors
                    [Summary] => The 13 creditor banks of Global Steel International (formerly National Steel Corp.) are becoming apprehensive over the Indian firm’s early default of its remaining P12.5-billion debt with the banks.


The banks are also dismayed that Global Steel has been trying to use some of its assets, already pledged to the banks, as collateral/guarantee for a Philippine Export-Import Bank sovereign guaranty for a $20-million to $30-million loan it is seeking from a foreign creditor.


                    [DatePublished] => 2005-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 226152
                    [Title] => PhilEximbank grants $3-million guarantee for Clark call centers
                    [Summary] => The Philippine Export-Import Bank (PhilEximbank) has granted a $3-million guarantee for the expansion of the Cyber City call center located at the Clark Economic Zone as the government struggles to jumpstart the information communications technology (ICT) industry with its meager resources.


Finance Secretary Jose Isidro Camacho revealed yesterday that the guarantee facility was approved by the state-controlled PhilEximbank, carrying the full faith and credit of the sovereign.


                    [DatePublished] => 2003-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 224924
                    [Title] => US credit agency to finance $1-B worth of big-ticket, high-risk gov’t projects
                    [Summary] => Overseas Private Investment Corp. (OPIC) of the United States has agreed to finance some $1- billion worth of big-ticket and high-risk projects of government-owned corporations. OPIC’s decision came along with a go-signal for the Philippine Export-Import Bank (PhilEximbank) to pursue its pending project proposals. 


Finance Secretary Jose Isidro Camacho said the OPIC decision came as a surprise to Philippine officials who were expecting the proposals to be rejected due to internal policy questions within the OPIC. 


                    [DatePublished] => 2003-10-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 206034
                    [Title] => PhilEximbank to guarantee loans of SunPower Phils
                    [Summary] => The Philippine Export Import Bank (PhilEximbank) has agreed to guarantee up to $200 million worth of loans for the $300-million solar wafer cells manufacturing project of SunPower Philippines Manufacturing Ltd., an affiliate of US-based SunPower Corp. 


Finance Secretary Jose Isidro Camacho revealed that the PhilEximbank board of directors agreed to extend a loan guarantee for SunPower, a Brittish-owned company that has registered with the Philippine Economic Zone Authority (PEZA) as a pioneering project. 


                    [DatePublished] => 2003-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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PHILEXIMBANK

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                    [ArticleID] => 306117
                    [Title] => Global Steel default worries 13 creditors
                    [Summary] => The 13 creditor banks of Global Steel International (formerly National Steel Corp.) are becoming apprehensive over the Indian firm’s early default of its remaining P12.5-billion debt with the banks.


The banks are also dismayed that Global Steel has been trying to use some of its assets, already pledged to the banks, as collateral/guarantee for a Philippine Export-Import Bank sovereign guaranty for a $20-million to $30-million loan it is seeking from a foreign creditor.


                    [DatePublished] => 2005-11-10 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Marianne V. Go
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                    [ArticleID] => 226152
                    [Title] => PhilEximbank grants $3-million guarantee for Clark call centers
                    [Summary] => The Philippine Export-Import Bank (PhilEximbank) has granted a $3-million guarantee for the expansion of the Cyber City call center located at the Clark Economic Zone as the government struggles to jumpstart the information communications technology (ICT) industry with its meager resources.


Finance Secretary Jose Isidro Camacho revealed yesterday that the guarantee facility was approved by the state-controlled PhilEximbank, carrying the full faith and credit of the sovereign.


                    [DatePublished] => 2003-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 224924
                    [Title] => US credit agency to finance $1-B worth of big-ticket, high-risk gov’t projects
                    [Summary] => Overseas Private Investment Corp. (OPIC) of the United States has agreed to finance some $1- billion worth of big-ticket and high-risk projects of government-owned corporations. OPIC’s decision came along with a go-signal for the Philippine Export-Import Bank (PhilEximbank) to pursue its pending project proposals. 


Finance Secretary Jose Isidro Camacho said the OPIC decision came as a surprise to Philippine officials who were expecting the proposals to be rejected due to internal policy questions within the OPIC. 


                    [DatePublished] => 2003-10-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [SectionUrl] => business
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                )

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                    [ArticleID] => 206034
                    [Title] => PhilEximbank to guarantee loans of SunPower Phils
                    [Summary] => The Philippine Export Import Bank (PhilEximbank) has agreed to guarantee up to $200 million worth of loans for the $300-million solar wafer cells manufacturing project of SunPower Philippines Manufacturing Ltd., an affiliate of US-based SunPower Corp. 


Finance Secretary Jose Isidro Camacho revealed that the PhilEximbank board of directors agreed to extend a loan guarantee for SunPower, a Brittish-owned company that has registered with the Philippine Economic Zone Authority (PEZA) as a pioneering project. 


                    [DatePublished] => 2003-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Global Steel default worries 13 creditors

By Marianne V. Go | November 10, 2005 - 12:00am

The 13 creditor banks of Global Steel International (formerly National Steel Corp.) are becoming apprehensive over the Indian firm’s early default of its remaining P12.5-billion debt with the banks. The banks...

Business

PhilEximbank grants $3-million guarantee for Clark call centers

By Des Ferriols | October 31, 2003 - 12:00am

The Philippine Export-Import Bank (PhilEximbank) has granted a $3-million guarantee for the expansion of the Cyber City call center located at the Clark Economic Zone as the government struggles to jumpstart the...

Business

US credit agency to finance $1-B worth of big-ticket, high-risk gov’t projects

By Des Ferriols | October 21, 2003 - 12:00am

Overseas Private Investment Corp. (OPIC) of the United States has agreed to finance some $1- billion worth of big-ticket and high-risk projects of government-owned corporations. OPIC’s decision came along with...

Business

PhilEximbank to guarantee loans of SunPower Phils

May 14, 2003 - 12:00am

The Philippine Export Import Bank (PhilEximbank) has agreed to guarantee up to $200 million worth of loans for the $300-million solar wafer cells manufacturing project of SunPower Philippines Manufacturing Ltd.,...

Business