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                    [ArticleID] => 289773
                    [Title] => ADB allows sale of 600-MW Masinloc power plant
                    [Summary] => The Asian Development Bank (ADB) gave  its consent to the sale of the 600-megawatt Masinloc coal-fired power plant in Zambales while another creditor, the Japan Bank for International Cooperation (JBIC) is expected to shortly follow suit. 


The Power Sector Assets and Liabilities Management Corp. (PSALM), the government’s power privatization agency said that the creditor consent extended to Masinloc coincided with ADB’s approval of the transfer of liabilities and eligible generation assets of  the National Power Corp. (Napocor). 


                    [DatePublished] => 2005-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 224670
                    [Title] => Gov’t extends $167-M airport dev’t project for one year
                    [Summary] => The government has extended the $167-million Third Airport Development Project for one more year, in the hope of clearing up the anomaly in the pre-qualification of private contractors that would undertake the project.


Finance sources told reporters that the government asked for a one-year extension from creditors while the Department of Transportation and Communications (DOTC) sorts out the controversy over the bidding of the project.


                    [DatePublished] => 2003-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 211469
                    [Title] => ADB expected to cancel $300-M loans to RP
                    [Summary] => The Asian Development Bank (ADB) expects to cancel  about $300 million in loans to the Philippines over Manila’s failure to  disburse and utilize the funds, officials at the lending agency said  Wednesday.


The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.


Thomas Crouch, country director for the Philippines, said the ADB had a  total of $3.2 billion in loans to the country, or about six percent of  the Philippines’ total external debt.


                    [DatePublished] => 2003-06-26 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 
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                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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PATRICK GIRAUD

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 289773
                    [Title] => ADB allows sale of 600-MW Masinloc power plant
                    [Summary] => The Asian Development Bank (ADB) gave  its consent to the sale of the 600-megawatt Masinloc coal-fired power plant in Zambales while another creditor, the Japan Bank for International Cooperation (JBIC) is expected to shortly follow suit. 


The Power Sector Assets and Liabilities Management Corp. (PSALM), the government’s power privatization agency said that the creditor consent extended to Masinloc coincided with ADB’s approval of the transfer of liabilities and eligible generation assets of  the National Power Corp. (Napocor). 


                    [DatePublished] => 2005-08-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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            [1] => Array
                (
                    [ArticleID] => 224670
                    [Title] => Gov’t extends $167-M airport dev’t project for one year
                    [Summary] => The government has extended the $167-million Third Airport Development Project for one more year, in the hope of clearing up the anomaly in the pre-qualification of private contractors that would undertake the project.


Finance sources told reporters that the government asked for a one-year extension from creditors while the Department of Transportation and Communications (DOTC) sorts out the controversy over the bidding of the project.


                    [DatePublished] => 2003-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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                (
                    [ArticleID] => 211469
                    [Title] => ADB expected to cancel $300-M loans to RP
                    [Summary] => The Asian Development Bank (ADB) expects to cancel  about $300 million in loans to the Philippines over Manila’s failure to  disburse and utilize the funds, officials at the lending agency said  Wednesday.


The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.


Thomas Crouch, country director for the Philippines, said the ADB had a  total of $3.2 billion in loans to the country, or about six percent of  the Philippines’ total external debt.


                    [DatePublished] => 2003-06-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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abtest

ADB allows sale of 600-MW Masinloc power plant

By Rocel Felix | August 4, 2005 - 12:00am

The Asian Development Bank (ADB) gave its consent to the sale of the 600-megawatt Masinloc coal-fired power plant in Zambales while another creditor, the Japan Bank for International Cooperation (JBIC) is expected...

Business

Gov’t extends $167-M airport dev’t project for one year

By Des Ferriols | October 19, 2003 - 12:00am

The government has extended the $167-million Third Airport Development Project for one more year, in the hope of clearing up the anomaly in the pre-qualification of private contractors that would undertake the project. Finance...

Business

ADB expected to cancel $300-M loans to RP

June 26, 2003 - 12:00am

The Asian Development Bank (ADB) expects to cancel about $300 million in loans to the Philippines over Manila’s failure to disburse and utilize the funds, officials at the lending agency said Wednesday. The...

Headlines