+ Follow GIL SAN DIEGO Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 275727
[Title] => Meralco withdraws 12¢ rate hike petition
[Summary] => To pave the way for a new rate-setting mechanism, the Manila Electric Co. (Meralco) withdrew yesterday its controversial 12-centavo rate hike application with the Energy Regulatory Commission (ERC).
In a disclosure to the Philippine Stock Exchange (PSE), Meralco general counsel Gil San Diego said the company has filed a motion to withdraw application with the ERC.
[DatePublished] => 2005-04-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 256537
[Title] => Meralco asks SC to junk Nasecore petition
[Summary] => The Manila Electric Co. (Meralco) said yesterday that it will ask the Supreme Court to dismiss the petition filed by the National Association of Electricity Consumers for Reforms (Nasecore) on the power utility’s rate hike.
Nasecore earlier sought the High Tribunal’s help to stop Meralco from implementing the order of the Energy Regulatory Commission (ERC) allowing the power firm to recover the cost already advanced to the power producers under the so-called generation rate adjustment mechanism (GRAM).
[DatePublished] => 2004-07-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 253619
[Title] => Hike in power rates raises inflation risks
[Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise.
The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January.
[DatePublished] => 2004-06-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1214582
[AuthorName] => Carmina Reyes
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 205173
[Title] => Meralco reports 9.3% hike in 1st quarter sales
[Summary] => Power distributor Manila Electric Co. (Meralco) reported yesterday that its sales volume for the first three months of 2003 has improved by 9.3 percent compared to the same period in 2002.
In a disclosure to the Philippine Stock Exchange (PSE), Meralco vice president and assistant corporate secretary Gil San Diego said the systems loss level also improved to 11.2 percent compared to 13.2 percent in the same period last year.
San Diego added Meralco, at this time, will not be able to report its financial results as a consequence of a significant event.
[DatePublished] => 2003-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 204316
[Title] => Meralco to float $600-M bonds to finance maturing loans
[Summary] => The Manila Electric Co. (Meralco) said yesterday it would float some $600-million worth of bonds to finance its maturing obligations and operating expenses this year.
In a disclosure to the Philippine Stock Exchange (PSE), Meralco corporate secretary Gil San Diego said "the proceeds will be used to finance activities related to the company’s comprehensive liability management plan (CLMP).
[DatePublished] => 2003-04-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 201304
[Title] => Napocor eyes arbitration in dispute with Meralco
[Summary] => The National Power Corp. (Napocor) is considering going into arbitration if the Manila Electric Co. (Meralco) will insist on its counterclaim amounting to P8.5 billion.
"We may consider going into arbitration and forego the ongoing mediation," a Napocor official, who requested anonymity, said. Meralco and Napocor are in the middle of a mediation process. The mediators selected by both firms are former Ambassador Sedfrey Ordoñez and Phinma Group’s Antonio del Rosario.
[DatePublished] => 2003-04-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 171605
[Title] => ERC prodded to stop hearing Meralco plea
[Summary] => A lawyer opposing the rate hike proposal of the Manila Electric Co. (Meralco) has asked the Energy Regulatory Commission (ERC) to immediately stop further proceedings on the utility’s rate unbundling petition.
Lawyer Jose Baldonado argued that Meralco has not filed the board resolution authorizing the filing of that application.
[DatePublished] => 2002-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Nation
[SectionUrl] => nation
[URL] =>
)
[7] => Array
(
[ArticleID] => 165210
[Title] => Pasig judge to issue ruling Friday on PPA class lawsuit
[Summary] => Judge Alfredo Flores of the Pasig City Regional Trial Court (RTC) Branch 167 will rule Friday on a class lawsuit filed by at least 40 organizations seeking a temporary injunction on the collection of the controversial purchased power adjustment (PPA).
During yesterday’s hearing, lawyer for the National Power Corp. (Napocor) Gil San Diego pleaded to the court to dismiss the case even as he questioned the RTC’s jurisdiction to hear the lawsuit.
San Diego said the PPA issue was a concern that must be addressed to the Energy Regulatory Commission (ERC).
[DatePublished] => 2002-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805358
[AuthorName] => Non Alquitran
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
GIL SAN DIEGO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 275727
[Title] => Meralco withdraws 12¢ rate hike petition
[Summary] => To pave the way for a new rate-setting mechanism, the Manila Electric Co. (Meralco) withdrew yesterday its controversial 12-centavo rate hike application with the Energy Regulatory Commission (ERC).
In a disclosure to the Philippine Stock Exchange (PSE), Meralco general counsel Gil San Diego said the company has filed a motion to withdraw application with the ERC.
[DatePublished] => 2005-04-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 256537
[Title] => Meralco asks SC to junk Nasecore petition
[Summary] => The Manila Electric Co. (Meralco) said yesterday that it will ask the Supreme Court to dismiss the petition filed by the National Association of Electricity Consumers for Reforms (Nasecore) on the power utility’s rate hike.
Nasecore earlier sought the High Tribunal’s help to stop Meralco from implementing the order of the Energy Regulatory Commission (ERC) allowing the power firm to recover the cost already advanced to the power producers under the so-called generation rate adjustment mechanism (GRAM).
[DatePublished] => 2004-07-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 253619
[Title] => Hike in power rates raises inflation risks
[Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise.
The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January.
[DatePublished] => 2004-06-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1214582
[AuthorName] => Carmina Reyes
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 205173
[Title] => Meralco reports 9.3% hike in 1st quarter sales
[Summary] => Power distributor Manila Electric Co. (Meralco) reported yesterday that its sales volume for the first three months of 2003 has improved by 9.3 percent compared to the same period in 2002.
In a disclosure to the Philippine Stock Exchange (PSE), Meralco vice president and assistant corporate secretary Gil San Diego said the systems loss level also improved to 11.2 percent compared to 13.2 percent in the same period last year.
San Diego added Meralco, at this time, will not be able to report its financial results as a consequence of a significant event.
[DatePublished] => 2003-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 204316
[Title] => Meralco to float $600-M bonds to finance maturing loans
[Summary] => The Manila Electric Co. (Meralco) said yesterday it would float some $600-million worth of bonds to finance its maturing obligations and operating expenses this year.
In a disclosure to the Philippine Stock Exchange (PSE), Meralco corporate secretary Gil San Diego said "the proceeds will be used to finance activities related to the company’s comprehensive liability management plan (CLMP).
[DatePublished] => 2003-04-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 201304
[Title] => Napocor eyes arbitration in dispute with Meralco
[Summary] => The National Power Corp. (Napocor) is considering going into arbitration if the Manila Electric Co. (Meralco) will insist on its counterclaim amounting to P8.5 billion.
"We may consider going into arbitration and forego the ongoing mediation," a Napocor official, who requested anonymity, said. Meralco and Napocor are in the middle of a mediation process. The mediators selected by both firms are former Ambassador Sedfrey Ordoñez and Phinma Group’s Antonio del Rosario.
[DatePublished] => 2003-04-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 171605
[Title] => ERC prodded to stop hearing Meralco plea
[Summary] => A lawyer opposing the rate hike proposal of the Manila Electric Co. (Meralco) has asked the Energy Regulatory Commission (ERC) to immediately stop further proceedings on the utility’s rate unbundling petition.
Lawyer Jose Baldonado argued that Meralco has not filed the board resolution authorizing the filing of that application.
[DatePublished] => 2002-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Nation
[SectionUrl] => nation
[URL] =>
)
[7] => Array
(
[ArticleID] => 165210
[Title] => Pasig judge to issue ruling Friday on PPA class lawsuit
[Summary] => Judge Alfredo Flores of the Pasig City Regional Trial Court (RTC) Branch 167 will rule Friday on a class lawsuit filed by at least 40 organizations seeking a temporary injunction on the collection of the controversial purchased power adjustment (PPA).
During yesterday’s hearing, lawyer for the National Power Corp. (Napocor) Gil San Diego pleaded to the court to dismiss the case even as he questioned the RTC’s jurisdiction to hear the lawsuit.
San Diego said the PPA issue was a concern that must be addressed to the Energy Regulatory Commission (ERC).
[DatePublished] => 2002-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805358
[AuthorName] => Non Alquitran
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
August 11, 2002 - 12:00am
