^
+ Follow STEARNS Tag
STEARNS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 752246
                    [Title] => Congo: 2 killed in clashes days before poll
                    [Summary] => 

Two people were killed in pre-vote clashes yesterday in Congo's capital and security officials fired into a crowd that included tens of thousands of opposition supporters, prompting officials to ban rallies before a critical poll that observers say could re-ignite conflict in the vast central African nation.

[DatePublished] => 2011-11-27 06:40:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [1] => Array ( [ArticleID] => 54582 [Title] => US gets a dose of its own medicine [Summary] => [DatePublished] => 2008-04-07 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1781272 [AuthorName] => Valentino Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 295111 [Title] => MB approves 2 Napocor loans [Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has granted its final approval to two of the National Power Corp.’s (Napocor) loan applications.

The MB specifically approved Napocor’s ¥1.044 billion proposed suppliers credit facilities from Sojitz Corp. of Japan.

Proceeds from the Japanese loan will finance 100 percent of the contract price of supply and delivery of Daihatsu machineries for the missionary electrification program of Napocor’s small power utilities group (SPUG).
[DatePublished] => 2005-09-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 249462 [Title] => GMA victory seen to inspire investors’ confidence in RP [Summary] => While Philippine exports are gaining ground this year, investors are still concerned over the lack of investments in the all-important electronics sector.

Expecting the "likely victory" of the incumbent President Arroyo, investors said it was possible for the new administration to inspire investor confidence but critical areas of power and utilities have to be addressed.
[DatePublished] => 2004-05-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 157536 [Title] => Government eyes ADB loan to raise funds for Napocor [Summary] => Following the cancellation of a $600-million power project loan from the Asian Development Bank (ADB), the government is now planning to tap the international debt market to finance the $1.65-billion funding requirement of the National Power Corp.

Government had been considering a plan to borrow up to $750 million for the uncovered portion of Napocor’s financing requirements of about $1 billion this year.
[DatePublished] => 2002-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 149908 [Title] => Gov’t may reconsider plan to scrap loans for Napocor [Summary] => The government might reconsider its earlier decision to cancel plans to tap the international debt market for fresh borrowings this year of up to $750 million for state-run National Power Corp. (Napocor).

The $750-million is the uncovered portion of Napocor’s financing requierements of about $1 billion this year.

"We will be willing to do it for Napocor if it makes economic sense," said Finance Secretary Jose Isidro Camacho.
[DatePublished] => 2002-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 148612 [Title] => Napocor gets investment grade ratings [Summary] => The National Power Corp. (Napocor) has received investment grade ratings from three major rating agencies: Moody’s, Standard & Poors and Fitch.

This is the first time a Philippine state-owned entity is able to pierce through the Philippines’ foreign currency sovereign ratings ceiling of Ba1/BB+/BB+, by each of these three agencies respectively.

The achievement of these ratings will allow Napocor to access a significantly broader investor base than that which traditionally purchases debt issues from the republic.
[DatePublished] => 2002-01-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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