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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 241493 [Title] => GMA Network expects to be debt-free by 05 [Summary] => Banking on its sustained profitability, GMA Network Inc. expects to settle all its debts by end-2005, company officials said.
GMA vice-president for finance Ronaldo Mastrilis said the company will be debt-free by the end of next year with the expected settlement of the remaining portion of a P1.9-billion loan secured in 2000.
Mastrilis said the network will pay P500- million worth of principal loans this year, with financing coming from internally-generated funds.
[DatePublished] => 2004-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 203681 [Title] => GMA sets aside P204-M for capex [Summary] => Seeking to sustain the upward trend in its ratings, GMA Network Inc. has earmarked P204 million for its capital expenditures this year to improve its programming and refurbish its existing facilities to better serve the viewing public.
Felipe S. Yalong, senior vice-president of the Corporate Services Group at GMA, said the TV network intends to introduce more innovative and high-quality programs and develop a regional station to further broaden its presence nationwide.
[DatePublished] => 2003-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
RONALDO MASTRILIS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 241493 [Title] => GMA Network expects to be debt-free by 05 [Summary] => Banking on its sustained profitability, GMA Network Inc. expects to settle all its debts by end-2005, company officials said.
GMA vice-president for finance Ronaldo Mastrilis said the company will be debt-free by the end of next year with the expected settlement of the remaining portion of a P1.9-billion loan secured in 2000.
Mastrilis said the network will pay P500- million worth of principal loans this year, with financing coming from internally-generated funds.
[DatePublished] => 2004-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 203681 [Title] => GMA sets aside P204-M for capex [Summary] => Seeking to sustain the upward trend in its ratings, GMA Network Inc. has earmarked P204 million for its capital expenditures this year to improve its programming and refurbish its existing facilities to better serve the viewing public.
Felipe S. Yalong, senior vice-president of the Corporate Services Group at GMA, said the TV network intends to introduce more innovative and high-quality programs and develop a regional station to further broaden its presence nationwide.
[DatePublished] => 2003-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | March 6, 2004 - 12:00am
By Zinnia B. Dela Peña | April 25, 2003 - 12:00am
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