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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 162856 [Title] => SEC gives CBCPNet 10 days to give info on Internet venture [Summary] => The Securities and Exchange Commission (SEC) has given the minority shareholders of CBCPNet an additional 10-day period to submit material information on the failed Internet ventures financial operations before the corporate watchdog takes over the firms management.
SEC commissioner Jesus Martinez said the lack of an audit report and financial statement of CBCPNet would hinder the planned take over, especially as it concerns the identification and orderly disposal of its assets and the setting of its obligations to creditors.
[DatePublished] => 2002-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MANUEL ORALLO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 162856 [Title] => SEC gives CBCPNet 10 days to give info on Internet venture [Summary] => The Securities and Exchange Commission (SEC) has given the minority shareholders of CBCPNet an additional 10-day period to submit material information on the failed Internet ventures financial operations before the corporate watchdog takes over the firms management.
SEC commissioner Jesus Martinez said the lack of an audit report and financial statement of CBCPNet would hinder the planned take over, especially as it concerns the identification and orderly disposal of its assets and the setting of its obligations to creditors.
[DatePublished] => 2002-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Christina Mendez | May 31, 2002 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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