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[ArticleID] => 186106
[Title] => Shemberg expects favorable ruling
[Summary] => MACTAN, Cebu Shemberg Biotech Corp. (SBC), a major global player in the seaweed processing industry, is optimistic it will get a favorable ruling on its motion to suspend payments of its loan to the Bank of the Philippine Islands (BPI).
The BPI of the Ayala Group of Companies, with a 10 percent stake in SBC, has a loan of about P60 million to the seaweed company, including accrued interests.
[DatePublished] => 2002-12-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
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[ArticleID] => 186106
[Title] => Shemberg expects favorable ruling
[Summary] => MACTAN, Cebu Shemberg Biotech Corp. (SBC), a major global player in the seaweed processing industry, is optimistic it will get a favorable ruling on its motion to suspend payments of its loan to the Bank of the Philippine Islands (BPI).
The BPI of the Ayala Group of Companies, with a 10 percent stake in SBC, has a loan of about P60 million to the seaweed company, including accrued interests.
[DatePublished] => 2002-12-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
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abtest
By Rocel Felix | December 1, 2002 - 12:00am
Recommended
The prosecution team of the House of Representatives is now in possession of bank documents and tax records of Vice President Sara Duterte and her husband Manases Carpio, as allegations of unexplained wealth against her will take centerstage in the next phase of her impeachment trial.
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The Senate has retained better performance and trust ratings than the House of Representatives despite a drop in the latest survey conducted by the OCTA Research group.
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BSP Governor Eli Remolona Jr., in a Senate hearing last week, cited the need for the country to have more exports to bring in more dollars we need to buy the increasing amount of goods that we now import. Remittances and BPOs are not enough.
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The House prosecution panel has yet to decide whether it will skip the bribery article against Vice President Sara Duterte and move straight to the unexplained wealth charge, prosecution adviser and spokesperson Robert Ace Barbers said Thursday, September 3.
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The military never received confidential funds from the Department of Education when DepEd was headed by Vice President Sara Duterte, according to a member of her defense team who testified as a hostile witness in her impeachment trial yesterday.
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