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                    [ArticleID] => 174989
                    [Title] => RP to raise $300-M in 5-year bonds
                    [Summary] => The Arroyo administration is raising $300 million from the issuance of five-year bonds that will be listed at the Luxembourg Stock Exchange to help bankroll its projected budget gap in 2003.
                    [DatePublished] => 2002-09-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 140667
                    [Title] => Rechanging Ramcar’s battery
                    [Summary] => Ramcar Inc. chairman and chief executive officer Manuel Agustines has a sure-fire method for  predicting growth in gross national product.  He looks at the movement of motor vehicle battery sales, where Ramcar and its sister-companies currently control 65% of the market. "My projection has always been on the dot.  In times of slow growth, people don’t use their vehicles as often," said Agustines, whose hair has turned completely white in the past month.


                    [DatePublished] => 2001-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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                    [ArticleID] => 128890
                    [Title] => Board formed for ASB Group projects
                    [Summary] => The various parties involved in the rehabilitation of the ASG Group of Companies have formed a Project Governing Board (PGB)  to oversee the completion of projects and the development of the land-banked properties of the debt-saddled property developer.


The PGB will be chaired by Fortunato Cruz, the rehabilitation receiver appointed by the Securities and Exchange Commission, with ASB chairman Luke Roxas, lawyer Leonardo Siguion-Reyna (representing the unsecured creditors), and a representative from a still to be named trustee bank as members.


                    [DatePublished] => 2001-08-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 86195
                    [Title] => SEC to decide on ASB rehab plan this week
                    [Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.


SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.


                    [DatePublished] => 2001-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 95858
                    [Title] => SEC to decide on ASB rehab plan this week
                    [Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.


SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.


                    [DatePublished] => 2001-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [5] => Array
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                    [ArticleID] => 96759
                    [Title] => ASB, HK group mull 3 options
                    [Summary] => Talks between the beleaguered ASB Group and the Hong Kong-based Chevalier International Holdings Ltd. have turned serious with three options being floated for a possible settlement with ASB creditors.


Sources familiar with the negotiations said Chevalier, whose interests span real estate and other investment ventures, has been discussing with the ASB group three alternative settlement modes before it can proceed with its entry into ASB.


                    [DatePublished] => 2001-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 96702
                    [Title] => HK holding firm shows interest in ASB Group
                    [Summary] => A Hong Kong-based investment holding company has reportedly taken interest in investing into the beleaguered ASB Group as the Securities and Exchange Commission (SEC) granted another 60-day reprieve on the payment of its roughly P9-billion debts.


Chevalier International Holdings Ltd., which is into real estate investments, has secured the approval of ASB’s creditor banks for it to infuse an unspecified amount of capital into the troubled local property developer to jumpstart and hasten its rehabilitation plan.


                    [DatePublished] => 2001-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98567
                    [Title] => ASB Seeks 60-Day Extension Of Debt Reprieve
                    [Summary] => The debt-ridden ASB Holdings Inc. has sought another 60-day extension of a debt moratorium from the Securities and Exchange Commission (SEC) due to time constraints in the hearing on  its rehabilitation plan.


Through its legal counsel Santiago & Santiago, ASB clarified the motion to seek another extension was not intended to delay the proceedings in resolving claims for ASB’s P9-billion outstanding loans.


                    [DatePublished] => 2000-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

BANK AND RIZAL COMMERCIAL BANKING CORP

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                    [ArticleID] => 174989
                    [Title] => RP to raise $300-M in 5-year bonds
                    [Summary] => The Arroyo administration is raising $300 million from the issuance of five-year bonds that will be listed at the Luxembourg Stock Exchange to help bankroll its projected budget gap in 2003.
                    [DatePublished] => 2002-09-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 140667
                    [Title] => Rechanging Ramcar’s battery
                    [Summary] => Ramcar Inc. chairman and chief executive officer Manuel Agustines has a sure-fire method for  predicting growth in gross national product.  He looks at the movement of motor vehicle battery sales, where Ramcar and its sister-companies currently control 65% of the market. "My projection has always been on the dot.  In times of slow growth, people don’t use their vehicles as often," said Agustines, whose hair has turned completely white in the past month.


                    [DatePublished] => 2001-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1488513
                    [AuthorName] => Margaret Jao-Grey 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

            [2] => Array
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                    [ArticleID] => 128890
                    [Title] => Board formed for ASB Group projects
                    [Summary] => The various parties involved in the rehabilitation of the ASG Group of Companies have formed a Project Governing Board (PGB)  to oversee the completion of projects and the development of the land-banked properties of the debt-saddled property developer.


The PGB will be chaired by Fortunato Cruz, the rehabilitation receiver appointed by the Securities and Exchange Commission, with ASB chairman Luke Roxas, lawyer Leonardo Siguion-Reyna (representing the unsecured creditors), and a representative from a still to be named trustee bank as members.


                    [DatePublished] => 2001-08-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 86195
                    [Title] => SEC to decide on ASB rehab plan this week
                    [Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.


SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.


                    [DatePublished] => 2001-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 95858
                    [Title] => SEC to decide on ASB rehab plan this week
                    [Summary] => The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International Holdings Ltd. — has not made any formal manifestations yet.


SEC general counsel Eugenio Reyes said they are rushing the order to either approve or disapprove ASB’s rehabilitation plan in time for the expiration of the 60-day extension of the suspension of debt payments on Sunday, April 29.


                    [DatePublished] => 2001-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 96759
                    [Title] => ASB, HK group mull 3 options
                    [Summary] => Talks between the beleaguered ASB Group and the Hong Kong-based Chevalier International Holdings Ltd. have turned serious with three options being floated for a possible settlement with ASB creditors.


Sources familiar with the negotiations said Chevalier, whose interests span real estate and other investment ventures, has been discussing with the ASB group three alternative settlement modes before it can proceed with its entry into ASB.


                    [DatePublished] => 2001-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 96702
                    [Title] => HK holding firm shows interest in ASB Group
                    [Summary] => A Hong Kong-based investment holding company has reportedly taken interest in investing into the beleaguered ASB Group as the Securities and Exchange Commission (SEC) granted another 60-day reprieve on the payment of its roughly P9-billion debts.


Chevalier International Holdings Ltd., which is into real estate investments, has secured the approval of ASB’s creditor banks for it to infuse an unspecified amount of capital into the troubled local property developer to jumpstart and hasten its rehabilitation plan.


                    [DatePublished] => 2001-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98567
                    [Title] => ASB Seeks 60-Day Extension Of Debt Reprieve
                    [Summary] => The debt-ridden ASB Holdings Inc. has sought another 60-day extension of a debt moratorium from the Securities and Exchange Commission (SEC) due to time constraints in the hearing on  its rehabilitation plan.


Through its legal counsel Santiago & Santiago, ASB clarified the motion to seek another extension was not intended to delay the proceedings in resolving claims for ASB’s P9-billion outstanding loans.


                    [DatePublished] => 2000-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

RP to raise $300-M in 5-year bonds

By Des Ferriols | September 7, 2002 - 12:00am

The Arroyo administration is raising $300 million from the issuance of five-year bonds that will be listed at the Luxembourg Stock Exchange to help bankroll its projected budget gap in 2003.

Business

Rechanging Ramcar’s battery

By Margaret Jao-Grey  | November 19, 2001 - 12:00am

Ramcar Inc. chairman and chief executive officer Manuel Agustines has a sure-fire method for predicting growth in gross national product. He looks at the movement of motor vehicle battery sales, where Ramcar and...

Business As Usual

Board formed for ASB Group projects

By Christina Mendez | August 5, 2001 - 12:00am

The various parties involved in the rehabilitation of the ASG Group of Companies have formed a Project Governing Board (PGB) to oversee the completion of projects and the development of the land-banked properties...

Business

SEC to decide on ASB rehab plan this week

April 23, 2001 - 12:00am

The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International...

Business

SEC to decide on ASB rehab plan this week

April 23, 2001 - 12:00am

The Securities and Exchange Commission is set to decide within the week the fate of the proposed rehabilitation plan for the ASB Group of Companies even as the supposed "white knight" – Chevalier International...

Business

ASB, HK group mull 3 options

By Christina Mendez | January 16, 2001 - 12:00am

Talks between the beleaguered ASB Group and the Hong Kong-based Chevalier International Holdings Ltd. have turned serious with three options being floated for a possible settlement with ASB creditors. Sources familiar...

Business

HK holding firm shows interest in ASB Group

By Christina Mendez | January 10, 2001 - 12:00am

A Hong Kong-based investment holding company has reportedly taken interest in investing into the beleaguered ASB Group as the Securities and Exchange Commission (SEC) granted another 60-day reprieve on the payment...

Business

ASB Seeks 60-Day Extension Of Debt Reprieve

October 19, 2000 - 12:00am

The debt-ridden ASB Holdings Inc. has sought another 60-day extension of a debt moratorium from the Securities and Exchange Commission (SEC) due to time constraints in the hearing on its rehabilitation plan. Through...

Business