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                    [ArticleID] => 237835
                    [Title] => FPI urges GIHL not to ask for higher tariff on steel imports
                    [Summary] => The Federation of Philippine Industries (FPI) urged yesterday Global Infrastructure Holding Ltd. (GIHL) not to ask for a higher tariff on steel imports.


FPI president Jesus Arranza said "raising tariffs on steel imports will increase the prices of consumer goods, both for food and non-food items."


"Prices of products that use tin cans as packaging materials such as sardines, corned beef, and cooking oil will go up," Arranza warned.


                    [DatePublished] => 2004-02-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 235981
                    [Title] => LNM Group continues to pursue bid for Nat’l Steel
                    [Summary] => The LNM group will continue to pursue its bid for the National Steel Corp. (NSC) even after reports that majority of NSC’s creditor-banks have accepted the improved offer of Global Infrastructure Holding Ltd. (GIHL).


LNM Holdings marketing manager Eric Tierie said yesterday that LNM is now willing to translate its offer to more outright cash instead of a profit-sharing scheme.


LNM would offer 10 percent more than the P13.25 billion offer of GIHL or P14.575 billion with the amount payable in less than eight years and P2.5-billion payable upfront. 


                    [DatePublished] => 2004-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 230816
                    [Title] => LNM says NSC acquisition is meant to challenge China’s dominance in SEA
                    [Summary] => OSTRAVA, Czech Republic – Acquiring the Philippine National Steel Corp. (NSC) is deemed by the LNM Group as a strategically important move in Southeast Asia to counter-balance the current dominance of China in the region.


This was admitted by K.A.P. Singh, a director of the LNM Group and the concurrent vice chairman of the Managing Board and chief operating officer of Ispat Nova Hut, the Czech steel firm acquired by the LNM Group early this year.


                    [DatePublished] => 2003-12-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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GLOBAL INFRASTRUCTURE HOLDING LTD

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    [results] => Array
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                    [ArticleID] => 237835
                    [Title] => FPI urges GIHL not to ask for higher tariff on steel imports
                    [Summary] => The Federation of Philippine Industries (FPI) urged yesterday Global Infrastructure Holding Ltd. (GIHL) not to ask for a higher tariff on steel imports.


FPI president Jesus Arranza said "raising tariffs on steel imports will increase the prices of consumer goods, both for food and non-food items."


"Prices of products that use tin cans as packaging materials such as sardines, corned beef, and cooking oil will go up," Arranza warned.


                    [DatePublished] => 2004-02-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 235981
                    [Title] => LNM Group continues to pursue bid for Nat’l Steel
                    [Summary] => The LNM group will continue to pursue its bid for the National Steel Corp. (NSC) even after reports that majority of NSC’s creditor-banks have accepted the improved offer of Global Infrastructure Holding Ltd. (GIHL).


LNM Holdings marketing manager Eric Tierie said yesterday that LNM is now willing to translate its offer to more outright cash instead of a profit-sharing scheme.


LNM would offer 10 percent more than the P13.25 billion offer of GIHL or P14.575 billion with the amount payable in less than eight years and P2.5-billion payable upfront. 


                    [DatePublished] => 2004-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 230816
                    [Title] => LNM says NSC acquisition is meant to challenge China’s dominance in SEA
                    [Summary] => OSTRAVA, Czech Republic – Acquiring the Philippine National Steel Corp. (NSC) is deemed by the LNM Group as a strategically important move in Southeast Asia to counter-balance the current dominance of China in the region.


This was admitted by K.A.P. Singh, a director of the LNM Group and the concurrent vice chairman of the Managing Board and chief operating officer of Ispat Nova Hut, the Czech steel firm acquired by the LNM Group early this year.


                    [DatePublished] => 2003-12-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

FPI urges GIHL not to ask for higher tariff on steel imports

By Marianne V. Go | February 6, 2004 - 12:00am

The Federation of Philippine Industries (FPI) urged yesterday Global Infrastructure Holding Ltd. (GIHL) not to ask for a higher tariff on steel imports. FPI president Jesus Arranza said "raising tariffs on...

Business

LNM Group continues to pursue bid for Nat’l Steel

By Marianne V. Go | January 22, 2004 - 12:00am

The LNM group will continue to pursue its bid for the National Steel Corp. (NSC) even after reports that majority of NSC’s creditor-banks have accepted the improved offer of Global Infrastructure Holding Ltd....

Business

LNM says NSC acquisition is meant to challenge China’s dominance in SEA

By Marianne V. Go | December 8, 2003 - 12:00am

OSTRAVA, Czech Republic – Acquiring the Philippine National Steel Corp. (NSC) is deemed by the LNM Group as a strategically important move in Southeast Asia to counter-balance the current dominance of China...

Business