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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 254970 [Title] => Govt 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, "wed 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] => ) [1] => Array ( [ArticleID] => 254773 [Title] => RP sends team to sort out dispute between National Steel creditors, Danaharta [Summary] => A Philippine delegation that reportedly has the blessings of the Arroyo government will go to Malaysia to find out why Pengurusan Danaharta Nasional Berhad is "objecting to and rejecting" the deal creditor banks of National Steel Corp. (NSC) is trying to close with the Ispat Group of India.
Government sources confirmed that it has been asked once again to intercede in behalf of the NSC creditor banks to seal a deal that would allow the sale and rehabilitation of the Iligan-based steel firm.
[DatePublished] => 2004-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 250083 [Title] => Malaysias Danaharta rejects deal between Ispat, NSC creditor banks [Summary] => Malaysias Pengurusan Danaharta Nasional Berhad has informed the creditor banks of National Steel Corp. (NSC) that it is "objecting to and rejecting" the deal with the ispat Group of India.
Creditor bank sources confirmed yesterday that they had received a fax letter from Danaharta "objecting to and rejecting" the Ispat deal.
The creditor banks have not yet met formally as a group to discuss this new development, sources said.
[DatePublished] => 2004-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MALAYSIAN HOTTICK GROUP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 254970 [Title] => Govt 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, "wed 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] => ) [1] => Array ( [ArticleID] => 254773 [Title] => RP sends team to sort out dispute between National Steel creditors, Danaharta [Summary] => A Philippine delegation that reportedly has the blessings of the Arroyo government will go to Malaysia to find out why Pengurusan Danaharta Nasional Berhad is "objecting to and rejecting" the deal creditor banks of National Steel Corp. (NSC) is trying to close with the Ispat Group of India.
Government sources confirmed that it has been asked once again to intercede in behalf of the NSC creditor banks to seal a deal that would allow the sale and rehabilitation of the Iligan-based steel firm.
[DatePublished] => 2004-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 250083 [Title] => Malaysias Danaharta rejects deal between Ispat, NSC creditor banks [Summary] => Malaysias Pengurusan Danaharta Nasional Berhad has informed the creditor banks of National Steel Corp. (NSC) that it is "objecting to and rejecting" the deal with the ispat Group of India.
Creditor bank sources confirmed yesterday that they had received a fax letter from Danaharta "objecting to and rejecting" the Ispat deal.
The creditor banks have not yet met formally as a group to discuss this new development, sources said.
[DatePublished] => 2004-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Marianne V. Go | June 23, 2004 - 12:00am
By Marianne V. Go | June 21, 2004 - 12:00am
By Marianne V. Go | May 15, 2004 - 12:00am
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