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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298284 [Title] => IFC to raise RP funding by up to 27% in 2006 [Summary] => The International Finance Corp. (IFC) will increase its loan and investment funding to the Philippines by as much as 27 percent next year, helping the country pay for construction of power plants and other infrastructure.
"This coming year, we hope to do $120 to $130 million," said Vipul Bhagat, IFCs country manager. "We could easily increase that amount if economic conditions are favorable.
[DatePublished] => 2005-09-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 284497 [Title] => IFC provides additional $12.5-M loan to Eastwood Cyberzone [Summary] => Eastwood Cyber One Corp., a wholly-owned subsidiary of Megaworld Corp., has secured a $12.5-million long-term loan facility from the International Finance Corp. (IFC), the private sector arm of the World Bank.
In a disclosure to the Philippine Stock Exchange, Megaworld said the loan, payable in 10 years inclusive of a three year-grace period on principal payment, will be used to fund the development of a new office building at the Eastwood City Cyberpark in Quezon City. Principal and interest amortizations of the loan will be sourced from internally-generated funds.
[DatePublished] => 2005-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 162879 [Title] => Megaworld unit gets $25-M loan from WB [Summary] => Eastwood Cyber One Corp. (ECOC), a wholly-owned subsidiary of Megaworld Corp., has secured a $25-million loan from the World Banks lending arm for the private sector, the International Finance Corp., to finance projects at the Eastwood CyberPark in Libis, Quezon City.
Megaworld corporate information officer Francis Canuto said under the loan agreement IFC will extend a loan to ECOC the amount of $25 million payable in 25 years with a three-year grace period on the principal payment. Megaworld, as the parent company, shall guarantee the due and punctual payment of the loan. [DatePublished] => 2002-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
EASTWOOD CYBER ONE CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 298284 [Title] => IFC to raise RP funding by up to 27% in 2006 [Summary] => The International Finance Corp. (IFC) will increase its loan and investment funding to the Philippines by as much as 27 percent next year, helping the country pay for construction of power plants and other infrastructure.
"This coming year, we hope to do $120 to $130 million," said Vipul Bhagat, IFCs country manager. "We could easily increase that amount if economic conditions are favorable.
[DatePublished] => 2005-09-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 284497 [Title] => IFC provides additional $12.5-M loan to Eastwood Cyberzone [Summary] => Eastwood Cyber One Corp., a wholly-owned subsidiary of Megaworld Corp., has secured a $12.5-million long-term loan facility from the International Finance Corp. (IFC), the private sector arm of the World Bank.
In a disclosure to the Philippine Stock Exchange, Megaworld said the loan, payable in 10 years inclusive of a three year-grace period on principal payment, will be used to fund the development of a new office building at the Eastwood City Cyberpark in Quezon City. Principal and interest amortizations of the loan will be sourced from internally-generated funds.
[DatePublished] => 2005-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 162879 [Title] => Megaworld unit gets $25-M loan from WB [Summary] => Eastwood Cyber One Corp. (ECOC), a wholly-owned subsidiary of Megaworld Corp., has secured a $25-million loan from the World Banks lending arm for the private sector, the International Finance Corp., to finance projects at the Eastwood CyberPark in Libis, Quezon City.
Megaworld corporate information officer Francis Canuto said under the loan agreement IFC will extend a loan to ECOC the amount of $25 million payable in 25 years with a three-year grace period on the principal payment. Megaworld, as the parent company, shall guarantee the due and punctual payment of the loan. [DatePublished] => 2002-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
September 24, 2005 - 12:00am
By Zinnia B. Dela Peña | July 2, 2005 - 12:00am
May 31, 2002 - 12:00am
Recommended
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
9 hours ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
9 hours ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
1 day ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
2 days ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
2 days ago
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February 12, 2018
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