^
+ Follow SUNNY SUN Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 347294
                    [Title] => Nene seeks early rebidding for Masinloc power plant
                    [Summary] => Senate Minority Leader Aquilino Pimentel Jr. urged the government to start as soon as possible the rebidding of the 600-megawatt Masinloc power plant in Zambales instead of giving YNN Pacific Consortium another 30 days to settle the $227-million downpayment it failed to pay after three extensions.


Pimentel said YNN Pacific lost its right to acquire the power plant when the Power Sector Assets and Liabilities Management (PSALM) Corp. confiscated its $14-million performance bond.
[DatePublished] => 2006-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 345525 [Title] => End of the road [Summary] => Finally! PSALM saw the light and drew on the $14-million performance bond of YNN Pacific Consortium Inc. We pray this brings the deplorable Masinloc saga to a rightful close.

Sadly, a number of those involved were embarrassingly caught in an attempt to deceive the electricity-consuming public were it not for the vigilance of a few brave individuals in media, the legislature and civil society.

A number of lessons can be drawn from this sorry episode, lessons we hope will be heeded by those principal actors involved in this shameful affair.
[DatePublished] => 2006-07-05 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 343766 [Title] => Alcordo replies [Summary] => Energy Regulatory Commission member Jesus Alcordo has sent us a letter airing his side on the current issues concerning the sale of the 800-megawatt Masinloc power plant to the YNN-Sunny Sun group.

Alcordo said he wishes to clarify in particular the questions this column raised regarding the suspect timing of the suspension of ERC Resolution 21 and on his divestment of his shareholdings from a power firm in which Sunny Sun is also identified with.

In the spirit of journalistic fairness, I am reprinting in this column the pertinent portions of Alcordo’s letter:
[DatePublished] => 2006-06-25 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 342837 [Title] => Winning Masinloc bidder still looking for money? [Summary] => PERSONAL: Readers who had sent me email in the past five days are requested, if they think it is still necessary, to send them again.

For some reason, the contents of my inbox and outbox, my file of attachments, and my address book were wiped out two days ago as I was installing the latest version of Eudora. So here I am groping in white space.
[DatePublished] => 2006-06-20 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [4] => Array ( [ArticleID] => 342064 [Title] => Buwis ng YNN pinasisilip ng solon [Summary] => Hiniling kahapon ng isang kongresista sa Bureau of Internal Revenue (BIR) na imbestigahan ang isang kompanyang nakabili umano ng plantang pangkuryente na Masinloc kung nagbabayad ito ng tamang buwis.

Sa isang pahayag, sinabi ni Partylist Rep. Teddy Casino, lumalabas na malaki ang kinikita ng kompanyang YNN na pag-aari ng isang Sunny Sun sa pagnenegosyo ng kuryente.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [5] => Array ( [ArticleID] => 341842 [Title] => Masinloc mystery deepens [Summary] => Picking up from where we left off, the Energy Regulatory Commission issued a statement on the controversy. ERC categorically denied that its Resolution No. 21 was meant to open a window for YNN and Meralco to sign a sweetheart deal without the benefit of public bidding.
[DatePublished] => 2006-06-14 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 340645 [Title] => Senate big question: Is Drilon a gentleman? [Summary] => UNGENTLEMANLY: Senate President Franklin Drilon has until today and tomorrow, the last two days of the current regular session of the 13th Congress to show that he is not only an honorable senator but also a gentleman.

In July 2004, Drilon and Sen. Manuel Villar – both aspiring for the Senate presidency – entered into a gentleman’s agreement to cast aside their rivalry and share the Senate presidency this way: Drilon will sit in the first and second regular sessions and Villar will follow in the third regular session.
[DatePublished] => 2006-06-08 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [7] => Array ( [ArticleID] => 339981 [Title] => Masinloc bid winner unable to pay $227 M [Summary] => NO NUMBERS GAME: Somebody high up in the government should be reminded that they should not play with cold numbers, but must work on real human persons.

We do not reduce the number of Filipinos languishing below the poverty line by redefining numerically what poverty is and simply lowering the line below which a person or household is statistically considered poor.
[DatePublished] => 2006-06-04 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [8] => Array ( [ArticleID] => 338121 [Title] => Bentahan ng Masinloc plant pinatitigil ni Joker [Summary] => Pinaiimbestigahan ni Sen. Joker Arroyo ang negosasyon na pinasok ng National Power Corporation (Napocor) ukol sa pagbenta ng Power Sector Asset and Liabilities Management Corporation (PSALM) ng 600MW Masinloc coal-plant sa Zambales matapos na madiskubreng nababalot ito ng anomalya.

Ayon kay Sen. Arroyo, chairman ng Senate blue ribbon committee, dapat ng kanselahin ang naturang bilihan dahil na rin sa kwestyonableng katauhan ng mga kumpanyang sumali sa subastahan at paglabag sa mga kasunduan at sa umiiral na batas ng bansa.
[DatePublished] => 2006-05-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) ) )
SUNNY SUN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 347294
                    [Title] => Nene seeks early rebidding for Masinloc power plant
                    [Summary] => Senate Minority Leader Aquilino Pimentel Jr. urged the government to start as soon as possible the rebidding of the 600-megawatt Masinloc power plant in Zambales instead of giving YNN Pacific Consortium another 30 days to settle the $227-million downpayment it failed to pay after three extensions.


Pimentel said YNN Pacific lost its right to acquire the power plant when the Power Sector Assets and Liabilities Management (PSALM) Corp. confiscated its $14-million performance bond.
[DatePublished] => 2006-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 345525 [Title] => End of the road [Summary] => Finally! PSALM saw the light and drew on the $14-million performance bond of YNN Pacific Consortium Inc. We pray this brings the deplorable Masinloc saga to a rightful close.

Sadly, a number of those involved were embarrassingly caught in an attempt to deceive the electricity-consuming public were it not for the vigilance of a few brave individuals in media, the legislature and civil society.

A number of lessons can be drawn from this sorry episode, lessons we hope will be heeded by those principal actors involved in this shameful affair.
[DatePublished] => 2006-07-05 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 343766 [Title] => Alcordo replies [Summary] => Energy Regulatory Commission member Jesus Alcordo has sent us a letter airing his side on the current issues concerning the sale of the 800-megawatt Masinloc power plant to the YNN-Sunny Sun group.

Alcordo said he wishes to clarify in particular the questions this column raised regarding the suspect timing of the suspension of ERC Resolution 21 and on his divestment of his shareholdings from a power firm in which Sunny Sun is also identified with.

In the spirit of journalistic fairness, I am reprinting in this column the pertinent portions of Alcordo’s letter:
[DatePublished] => 2006-06-25 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 342837 [Title] => Winning Masinloc bidder still looking for money? [Summary] => PERSONAL: Readers who had sent me email in the past five days are requested, if they think it is still necessary, to send them again.

For some reason, the contents of my inbox and outbox, my file of attachments, and my address book were wiped out two days ago as I was installing the latest version of Eudora. So here I am groping in white space.
[DatePublished] => 2006-06-20 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [4] => Array ( [ArticleID] => 342064 [Title] => Buwis ng YNN pinasisilip ng solon [Summary] => Hiniling kahapon ng isang kongresista sa Bureau of Internal Revenue (BIR) na imbestigahan ang isang kompanyang nakabili umano ng plantang pangkuryente na Masinloc kung nagbabayad ito ng tamang buwis.

Sa isang pahayag, sinabi ni Partylist Rep. Teddy Casino, lumalabas na malaki ang kinikita ng kompanyang YNN na pag-aari ng isang Sunny Sun sa pagnenegosyo ng kuryente.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [5] => Array ( [ArticleID] => 341842 [Title] => Masinloc mystery deepens [Summary] => Picking up from where we left off, the Energy Regulatory Commission issued a statement on the controversy. ERC categorically denied that its Resolution No. 21 was meant to open a window for YNN and Meralco to sign a sweetheart deal without the benefit of public bidding.
[DatePublished] => 2006-06-14 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 340645 [Title] => Senate big question: Is Drilon a gentleman? [Summary] => UNGENTLEMANLY: Senate President Franklin Drilon has until today and tomorrow, the last two days of the current regular session of the 13th Congress to show that he is not only an honorable senator but also a gentleman.

In July 2004, Drilon and Sen. Manuel Villar – both aspiring for the Senate presidency – entered into a gentleman’s agreement to cast aside their rivalry and share the Senate presidency this way: Drilon will sit in the first and second regular sessions and Villar will follow in the third regular session.
[DatePublished] => 2006-06-08 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [7] => Array ( [ArticleID] => 339981 [Title] => Masinloc bid winner unable to pay $227 M [Summary] => NO NUMBERS GAME: Somebody high up in the government should be reminded that they should not play with cold numbers, but must work on real human persons.

We do not reduce the number of Filipinos languishing below the poverty line by redefining numerically what poverty is and simply lowering the line below which a person or household is statistically considered poor.
[DatePublished] => 2006-06-04 00:00:00 [ColumnID] => 136322 [Focus] => 0 [AuthorID] => 1804858 [AuthorName] => Federico D. Pascual Jr. [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [8] => Array ( [ArticleID] => 338121 [Title] => Bentahan ng Masinloc plant pinatitigil ni Joker [Summary] => Pinaiimbestigahan ni Sen. Joker Arroyo ang negosasyon na pinasok ng National Power Corporation (Napocor) ukol sa pagbenta ng Power Sector Asset and Liabilities Management Corporation (PSALM) ng 600MW Masinloc coal-plant sa Zambales matapos na madiskubreng nababalot ito ng anomalya.

Ayon kay Sen. Arroyo, chairman ng Senate blue ribbon committee, dapat ng kanselahin ang naturang bilihan dahil na rin sa kwestyonableng katauhan ng mga kumpanyang sumali sa subastahan at paglabag sa mga kasunduan at sa umiiral na batas ng bansa.
[DatePublished] => 2006-05-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) ) )
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