+ Follow ISPAT GROUP Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 320280
[Title] => Ispat Group urged to put more funds into Global Steel
[Summary] => Trade and Industry Secretary Peter B. Favila is urging the Ispat Group to put in more funds into Global Steel International (formerly National Steel Corp.) instead of still trying to get the government to extend a sovereign guaranty for GSI’s $20-million loan from international creditor banks.
The $20 million is supposed to fund GSI’s raw material imports.
[DatePublished] => 2006-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 261313
[Title] => NSC’s realty taxes overstated
[Summary] => The Iligan City government has over-estimated the amount of real estate taxes owed by the National Steel Corp. (NSC), government sources said.
Based on their computations, NSC’s tax backlog should only amount to around P150 million, not P929 million as estimated by the Iligan city government.
The city government’s figure, the sources added, was over-inflated even though this includes interest and penalty charges.
[DatePublished] => 2004-08-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 261221
[Title] => Iligan City can’t sell assets of NSC, says liquidator
[Summary] => The local government of Iligan City has no legal right to auction off or sell any properties of the National Steel Corp. (NSC) to pay off the steel firm’s real estate obligation to the City of Iligan.
This was clarified yesterday by NSC liquidator Danilo Concepcion who added that "only the NSC liquidator has the legal capacity to sell any assets or properties of NSC."
[DatePublished] => 2004-08-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 256406
[Title] => Unpaid realty taxes a tougher hurdle for NSC than Danaharta — PNB exec
[Summary] => The issue of the condonation of the unpaid real estate taxes of National Steel Corp. (NSC) by the Iligan City Local Government is more likely to delay the closure of the sale of NSC to the Ispat Group rather than the objection to the sale raised by the Malaysian Pengurusan Danaharta Nasional Berhad, according to Philippine National Bank (PNB) president Lorenzo Tan.
PNB is one of the largest creditors of NSC.
[DatePublished] => 2004-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 254970
[Title] => Gov’t backs NSC deal with Indian firm
[Summary] => The government is fully behind the deal struck by the creditor banks of the National Steel Corp. (NSC) with the Ispat Group of India.
This was disclosed yesterday by Trade and Industry Secretary Cesar Purisima who said, "we’d like to support this deal because it is in an area that is not as economically advanced as the rest of the country."
Investments such as this is a unique opportunity and provides employment to the area," Purisima stressed.
[DatePublished] => 2004-06-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 247517
[Title] => NSC urged to hike steel production to ease supply shortage
[Summary] => The Department of Trade and Industry (DTI) is urging Global Infrastructure Holdings Ltd. (GIHL), the new owners of the National Steel Corp. (NSC) plant in Iligan, to step up production to help alleviate the current shortage in the country’s steel supply.
[DatePublished] => 2004-04-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 247018
[Title] => Landowner presses claim over a portion of NSC lot
[Summary] => The private owner of a portion of land on which part of the National Steel Corp. (NSC) plant stands is appealing to President Arroyo to honor his ownership which has already been affirmed earlier by the Supreme Court.
Teofilo Cacho, through his legal counsel Donald V. Diaz, is bringing to President Arroyo’s attention the impending sale of his properties to the Ispat Group of India.
[DatePublished] => 2004-04-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 241265
[Title] => Group behind GIHL of India identified
[Summary] => The Mittal family, new owner of National Steel Corp. identified owners of Global Infrastructure Holding Inc. (GIHL) and India’s steel giant Ispat Group, has pursued an interest in National Steel Corp. (NSC) since 1994 when Mohan Lai Mittal, founder of Ispat and father of Ispat Group chairman Pramod K. Mittal, visited Manila and bid for the plant.
Although they lost the original bid, time has vindicated the Mittals persistence. It was a Malaysian-based corporate finance firm. Tael Capital which persuaded the younger Mittal brother. Pramod to renew his bid.
[DatePublished] => 2004-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 238078
[Title] => Rebirth of National Steel Corp.a landmark event
[Summary] => (Speech delivered by India’s Ispat Group chairman Pramod Mittal during the inauguration of the National Steel Corp. plant in Iligan City on Feb. 3, 2004)
In the history of a nation, there are few rare events which go down as landmarks and people remember them even generations later.
Those present here today are witness to one such sweet testimony — the rebirth of National Steel Corporation.
[DatePublished] => 2004-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 237704
[Title] => NSC plant site may be declared spc’l ecozone
[Summary] => The government will study the possibility of declaring the National Steel Corp. (NSC) plant site in Iligan City, Davao, as a special economic zone.
This was announced by President Arroyo during the inauguration of the newly-reopened NSC plant.
President Arroyo welcomed the reopening of the mothballed steel plant which will revitalize the economy, not only of Davao, but of the whole country as well.
[DatePublished] => 2004-02-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
ISPAT GROUP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 320280
[Title] => Ispat Group urged to put more funds into Global Steel
[Summary] => Trade and Industry Secretary Peter B. Favila is urging the Ispat Group to put in more funds into Global Steel International (formerly National Steel Corp.) instead of still trying to get the government to extend a sovereign guaranty for GSI’s $20-million loan from international creditor banks.
The $20 million is supposed to fund GSI’s raw material imports.
[DatePublished] => 2006-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 261313
[Title] => NSC’s realty taxes overstated
[Summary] => The Iligan City government has over-estimated the amount of real estate taxes owed by the National Steel Corp. (NSC), government sources said.
Based on their computations, NSC’s tax backlog should only amount to around P150 million, not P929 million as estimated by the Iligan city government.
The city government’s figure, the sources added, was over-inflated even though this includes interest and penalty charges.
[DatePublished] => 2004-08-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 261221
[Title] => Iligan City can’t sell assets of NSC, says liquidator
[Summary] => The local government of Iligan City has no legal right to auction off or sell any properties of the National Steel Corp. (NSC) to pay off the steel firm’s real estate obligation to the City of Iligan.
This was clarified yesterday by NSC liquidator Danilo Concepcion who added that "only the NSC liquidator has the legal capacity to sell any assets or properties of NSC."
[DatePublished] => 2004-08-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 256406
[Title] => Unpaid realty taxes a tougher hurdle for NSC than Danaharta — PNB exec
[Summary] => The issue of the condonation of the unpaid real estate taxes of National Steel Corp. (NSC) by the Iligan City Local Government is more likely to delay the closure of the sale of NSC to the Ispat Group rather than the objection to the sale raised by the Malaysian Pengurusan Danaharta Nasional Berhad, according to Philippine National Bank (PNB) president Lorenzo Tan.
PNB is one of the largest creditors of NSC.
[DatePublished] => 2004-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 254970
[Title] => Gov’t backs NSC deal with Indian firm
[Summary] => The government is fully behind the deal struck by the creditor banks of the National Steel Corp. (NSC) with the Ispat Group of India.
This was disclosed yesterday by Trade and Industry Secretary Cesar Purisima who said, "we’d like to support this deal because it is in an area that is not as economically advanced as the rest of the country."
Investments such as this is a unique opportunity and provides employment to the area," Purisima stressed.
[DatePublished] => 2004-06-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 247517
[Title] => NSC urged to hike steel production to ease supply shortage
[Summary] => The Department of Trade and Industry (DTI) is urging Global Infrastructure Holdings Ltd. (GIHL), the new owners of the National Steel Corp. (NSC) plant in Iligan, to step up production to help alleviate the current shortage in the country’s steel supply.
[DatePublished] => 2004-04-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 247018
[Title] => Landowner presses claim over a portion of NSC lot
[Summary] => The private owner of a portion of land on which part of the National Steel Corp. (NSC) plant stands is appealing to President Arroyo to honor his ownership which has already been affirmed earlier by the Supreme Court.
Teofilo Cacho, through his legal counsel Donald V. Diaz, is bringing to President Arroyo’s attention the impending sale of his properties to the Ispat Group of India.
[DatePublished] => 2004-04-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 241265
[Title] => Group behind GIHL of India identified
[Summary] => The Mittal family, new owner of National Steel Corp. identified owners of Global Infrastructure Holding Inc. (GIHL) and India’s steel giant Ispat Group, has pursued an interest in National Steel Corp. (NSC) since 1994 when Mohan Lai Mittal, founder of Ispat and father of Ispat Group chairman Pramod K. Mittal, visited Manila and bid for the plant.
Although they lost the original bid, time has vindicated the Mittals persistence. It was a Malaysian-based corporate finance firm. Tael Capital which persuaded the younger Mittal brother. Pramod to renew his bid.
[DatePublished] => 2004-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 238078
[Title] => Rebirth of National Steel Corp.a landmark event
[Summary] => (Speech delivered by India’s Ispat Group chairman Pramod Mittal during the inauguration of the National Steel Corp. plant in Iligan City on Feb. 3, 2004)
In the history of a nation, there are few rare events which go down as landmarks and people remember them even generations later.
Those present here today are witness to one such sweet testimony — the rebirth of National Steel Corporation.
[DatePublished] => 2004-02-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 237704
[Title] => NSC plant site may be declared spc’l ecozone
[Summary] => The government will study the possibility of declaring the National Steel Corp. (NSC) plant site in Iligan City, Davao, as a special economic zone.
This was announced by President Arroyo during the inauguration of the newly-reopened NSC plant.
President Arroyo welcomed the reopening of the mothballed steel plant which will revitalize the economy, not only of Davao, but of the whole country as well.
[DatePublished] => 2004-02-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 8, 2004 - 12:00am
