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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 150218 [Title] => Roxas nixes revaluation of deal between SMC, Kirin [Summary] => Trade and Industry Secretary Manuel Roxas II has thumbed down a proposal to revaluate Kirin Brewerys investment in San Miguel Corp. (SMC), saying it is too late to change the terms of the transaction.
Reacting to reports that the Presidential Commission on Good Government (PCGG) is calling for a revaluation of the $450-million deal, Roxas said it would not be good for the government to twiddle with the valuation at this stage.
[DatePublished] => 2002-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SAN MIGUEL AND KIRIN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 150218 [Title] => Roxas nixes revaluation of deal between SMC, Kirin [Summary] => Trade and Industry Secretary Manuel Roxas II has thumbed down a proposal to revaluate Kirin Brewerys investment in San Miguel Corp. (SMC), saying it is too late to change the terms of the transaction.
Reacting to reports that the Presidential Commission on Good Government (PCGG) is calling for a revaluation of the $450-million deal, Roxas said it would not be good for the government to twiddle with the valuation at this stage.
[DatePublished] => 2002-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | February 11, 2002 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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