^
+ Follow PHILIPPINE LONG DISTANCE TELEPONE CO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375908
                    [Title] => SSS investment income seen to reach P4.8B
                    [Summary] => 



The Social Security System (SSS) is likely to exceed its investment income target by 20 percent this year as it cashes in on its long-term government bonds, a ranking official said.


SSS senior vice-president for investments Edgar B. Solilapsi said they expect to earn P4.8 billion from their investments this year.

"We bought our long-term government bonds back when they were giving good returns. This is why we have a good position," he explained.
[DatePublished] => 2006-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 277921 [Title] => Globe ready to spend billions to upgrade to 3G technology [Summary] => Globe Telecom will spend billions of pesos to upgrade its platform to third-generation mobile communications technology (3G) as soon as government comes out with a policy on the distribution of frequency.

Globe president and chief executive officer Gerardo Ablaza said the company is just waiting for the National Telecommunications Commission (NTC) to decide on the matter, after which the company would use its financial resources to upgrade its infrastructure and acquire 3G-ready handsets.
[DatePublished] => 2005-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINE LONG DISTANCE TELEPONE CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375908
                    [Title] => SSS investment income seen to reach P4.8B
                    [Summary] => 



The Social Security System (SSS) is likely to exceed its investment income target by 20 percent this year as it cashes in on its long-term government bonds, a ranking official said.


SSS senior vice-president for investments Edgar B. Solilapsi said they expect to earn P4.8 billion from their investments this year.

"We bought our long-term government bonds back when they were giving good returns. This is why we have a good position," he explained.
[DatePublished] => 2006-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 277921 [Title] => Globe ready to spend billions to upgrade to 3G technology [Summary] => Globe Telecom will spend billions of pesos to upgrade its platform to third-generation mobile communications technology (3G) as soon as government comes out with a policy on the distribution of frequency.

Globe president and chief executive officer Gerardo Ablaza said the company is just waiting for the National Telecommunications Commission (NTC) to decide on the matter, after which the company would use its financial resources to upgrade its infrastructure and acquire 3G-ready handsets.
[DatePublished] => 2005-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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