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                    [Title] => Gov't may require Goodyear to pay rent at market rate
                    [Summary] => 

Government wants Goodyear Philippines to pay land rent at market rates after
its 25-year lease under the Laurel-Langley Agreement expires in May this
year.

A top government source told reporters that negotiations are underway to
discuss the possible renewal of Goodyear's lease on the land it currently
occupies along Zapote Road in Las Piñas.

The official said government is looking at lease rates of at least ten times
more than what Goodyear has been paying since the property was leased to the
company in 1975.

However, the official disclosed that the negotiations w
                    [DatePublished] => 2000-02-28 00:00:00
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                    [Focus] => 0
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                    [SectionName] => Business
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SIME DARBY CO

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                    [ArticleID] => 100888
                    [Title] => Gov't may require Goodyear to pay rent at market rate
                    [Summary] => 

Government wants Goodyear Philippines to pay land rent at market rates after
its 25-year lease under the Laurel-Langley Agreement expires in May this
year.

A top government source told reporters that negotiations are underway to
discuss the possible renewal of Goodyear's lease on the land it currently
occupies along Zapote Road in Las Piñas.

The official said government is looking at lease rates of at least ten times
more than what Goodyear has been paying since the property was leased to the
company in 1975.

However, the official disclosed that the negotiations w
                    [DatePublished] => 2000-02-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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abtest

Gov't may require Goodyear to pay rent at market rate

February 28, 2000 - 12:00am

Government wants Goodyear Philippines to pay land rent at market rates after its 25-year lease under the Laurel-Langley Agreement expires in May this year. A top government source told reporters that negotiations...

Business