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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 207603 [Title] => S&P downgrades Meralco forex rating [Summary] => Global ratings agency Standard & Poors (S&P) has downgraded Manila Electric Co.s (Meralco) foreign currency rating for the second time in only two months.
S&P said it downgraded Meralcos "B-" rating to "CCC" and its outlook was negative, reflecting the rating agencys concerns that the company would not be able to meet financial obligations amounting to P12 billion this year.
[DatePublished] => 2003-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 206551 [Title] => Meralco wont apply for new basic rate hike till ERC acts on its motion [Summary] => The Manila Electric Co. (Meralco) has no immediate plans to apply for another basic rate increase until the Energy Regulatory Commission (ERC) resolves the companys motion for reconsideration on its unbundling rate hike petition.
"That is still pending with the ERC. So, there is no need for us to file for another one while one is still pending," Meralco president Jesus Francisco said in a phone interview on Friday.
[DatePublished] => 2003-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MARY ELLEN OLSON
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 207603 [Title] => S&P downgrades Meralco forex rating [Summary] => Global ratings agency Standard & Poors (S&P) has downgraded Manila Electric Co.s (Meralco) foreign currency rating for the second time in only two months.
S&P said it downgraded Meralcos "B-" rating to "CCC" and its outlook was negative, reflecting the rating agencys concerns that the company would not be able to meet financial obligations amounting to P12 billion this year.
[DatePublished] => 2003-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 206551 [Title] => Meralco wont apply for new basic rate hike till ERC acts on its motion [Summary] => The Manila Electric Co. (Meralco) has no immediate plans to apply for another basic rate increase until the Energy Regulatory Commission (ERC) resolves the companys motion for reconsideration on its unbundling rate hike petition.
"That is still pending with the ERC. So, there is no need for us to file for another one while one is still pending," Meralco president Jesus Francisco said in a phone interview on Friday.
[DatePublished] => 2003-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | May 26, 2003 - 12:00am
By Donnabelle L. Gatdula | May 18, 2003 - 12:00am
Recommended
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
17 hours ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
1 day ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
1 day ago
The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
2 days ago
Lotto Nov 7, 2024
EZ2 - 9 25
SUERTRES - 9 0 4
6D Lotto - 6 6 5 5 2 1
6/42 Lotto - 40 2 33 21 14 36
P5,940,000.00
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P110,373,908.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66