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                    [ArticleID] => 223101
                    [Title] => PSALM, electric co-ops ink deal for debt writeoff
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Electrification Administration (NEA) have signed over the weekend a memorandum of agreement (MOA) that will allow PSALM to condone some P18-billion loans of electric cooperatives (ECs). 


"Under the law, we have to condone some co-op loans so we signed a MOA with NEA," PSALM president Edgardo del Fonso said.


Del Fonso, however, clarified that only those ECs that will meet the requirements set by NEA and PSALM will be qualified for the loan condonation. 


                    [DatePublished] => 2003-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 199279
                    [Title] => PPA allots P2.96B for rehab of major ports
                    [Summary] => The Philippine Ports Authority (PPA) has earmarked P2.96 billion or 58 percent of its total budget for capital expenditures for this year to develop, rehabilitate and improve major ports nationwide.


This was revealed yesterday by PPA general manager Alfonso Cusi who said the move was in line with the agency’s thrust of upgrading port services to international standards.


                    [DatePublished] => 2003-03-17 00:00:00
                    [ColumnID] => 133272
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RESTRUCTURING PROGRAM

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                    [ArticleID] => 223101
                    [Title] => PSALM, electric co-ops ink deal for debt writeoff
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Electrification Administration (NEA) have signed over the weekend a memorandum of agreement (MOA) that will allow PSALM to condone some P18-billion loans of electric cooperatives (ECs). 


"Under the law, we have to condone some co-op loans so we signed a MOA with NEA," PSALM president Edgardo del Fonso said.


Del Fonso, however, clarified that only those ECs that will meet the requirements set by NEA and PSALM will be qualified for the loan condonation. 


                    [DatePublished] => 2003-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 199279
                    [Title] => PPA allots P2.96B for rehab of major ports
                    [Summary] => The Philippine Ports Authority (PPA) has earmarked P2.96 billion or 58 percent of its total budget for capital expenditures for this year to develop, rehabilitate and improve major ports nationwide.


This was revealed yesterday by PPA general manager Alfonso Cusi who said the move was in line with the agency’s thrust of upgrading port services to international standards.


                    [DatePublished] => 2003-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

PSALM, electric co-ops ink deal for debt writeoff

October 5, 2003 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Electrification Administration (NEA) have signed over the weekend a memorandum of agreement (MOA) that will allow PSALM to condone...

Business

PPA allots P2.96B for rehab of major ports

March 17, 2003 - 12:00am

The Philippine Ports Authority (PPA) has earmarked P2.96 billion or 58 percent of its total budget for capital expenditures for this year to develop, rehabilitate and improve major ports nationwide. This was revealed...

Business