+ Follow PSMT Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 293005
[Title] => PriceSmart eyes further expansion
[Summary] => Now that the shareholder dispute between PriceSmart USA and PriceSmart Philippines has been resolved, the local warehouse shopping firm is now focusing its attention on further expansion.
William S. Go, PriceSmart Philippines (PSMT) chairman and now majority stockholder of the warehouse shopping firm, announced yesterday that PSMT is allocating from P350 million to P400 million to put up its first provincial outlet in Cebu.
PSMT has actually leased a 2.3-hectare property in the Banilad district of Cebu City for the proposed warehouse shopping outlet.
[DatePublished] => 2005-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 291935
[Title] => New PriceSmart owner vows continued operations in RP
[Summary] => William S. Go, PriceSmart Philippines (PSMT) chairman and now majority stockholder of the warehouse shopping firm, assured yesterday patrons and members of PriceSmart that his group would work on turning around the beleguered retail outlet group.
In his first press conference after officially taking over management control of PSMT last Aug. 12, Go and his lawyer Ramon C. Esguerra vowed that the warehouse shopping group will continue to operate in the Philippine.
[DatePublished] => 2005-08-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 280680
[Title] => PriceSmart minority owners urge court to halt disbursement of company funds
[Summary] => William S. Go, PriceSmart Philippines (PSMT) chairman and representative of the minority stockholders of the warehouse shopping firm, appealed anew yesterday to the Pasig City Regional Trial Court (RTC) to stop the illegal disbursement of company funds by PriceSmart-appointed executives led by PSMT president Benjamin M. Woods.
In a memorandum submitted to the Court, Go and the minority shareholders warned that "the continuation of such illegal disbursements and wastage of company funds would surely result in PSMT’s death as a business concern."
[DatePublished] => 2005-06-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 274002
[Title] => PriceSmart posts 14% sales hike
[Summary] => PriceSmart Philippines (PSMT) posted a 14- percent increase in its second quarter sales for its fiscal year that starts from September 2004 and ends August 2005, according to PSMT Philippines Inc. president Benjamin M. Woods.
For its first quarter sales the increase had been only six percent, Woods said.
The much higher growth in sales in the second quarter, Woods said, is due to its increased importation of US products which is Price-Smart’s strength.
[DatePublished] => 2005-04-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 272703
[Title] => PriceSmart execs pinasasagot sa P38.59M kasong estafa
[Summary] => Inutusan ng Rizal Provincial Prosecutor ang limang opisyales na inilagay ng PriceSmart sa subsidiary nito, ang PSMT Philippines, na sagutin ang mga kasong estafa na kinapapalooban ng P38.59 milyon na isinampa laban sa kanila ng minority shareholders ng PSMT.
Ang halaga ay binubuo ng P30.15 milyong ilegal na stewardship fees na ibinayad sa PriceSmart noong 2003 at P8.44 milyon na hindi awtorisadong pagpapalabas ng pondo ng PSMT noong nakaraang taon.
[DatePublished] => 2005-04-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[5] => Array
(
[ArticleID] => 271299
[Title] => IFC exit from PriceSmart seen to affect firm's credit rating
[Summary] => The International Finance Corp.’s (IFC) exit from PSMT Philippines Inc. may affect PriceSmart’s credit rating, according to William S. Go, minority shareholder of PSMT.
IFC had originally lent PSMT $12.5 million, maturing in June 2012 and payable semi-annually at a fixed rate of 7.44 percent.
IFC, the private sector investment arm of the World Bank, participates in private business ventures to bolster the credibility of the project and enable it to gain easy access to financing and capital.
[DatePublished] => 2005-03-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 271241
[Title] => PriceSmart sumaklolo sa paluging PSMT
[Summary] => Napilitang saklolohan ng PriceSmart na nakabase sa Estados Unidos ang subsidiary nito sa Pilipinas, ang PSMT Philippines, sa pamamagitan ng pag-ako sa P572-milyong utang nito sa International Finance Corp. (IFC) dahil sa patuloy na paghina ng kakayahang pinansiyal ng PSMT.
Ang ginawang ito ng PriceSmart ay lalong nagpatibay sa hangarin ng mga minority stockholders ng PSMT na putulin ang kaugnayan sa kumpanyang Amerikano.
[DatePublished] => 2005-03-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
)
)
PSMT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 293005
[Title] => PriceSmart eyes further expansion
[Summary] => Now that the shareholder dispute between PriceSmart USA and PriceSmart Philippines has been resolved, the local warehouse shopping firm is now focusing its attention on further expansion.
William S. Go, PriceSmart Philippines (PSMT) chairman and now majority stockholder of the warehouse shopping firm, announced yesterday that PSMT is allocating from P350 million to P400 million to put up its first provincial outlet in Cebu.
PSMT has actually leased a 2.3-hectare property in the Banilad district of Cebu City for the proposed warehouse shopping outlet.
[DatePublished] => 2005-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 291935
[Title] => New PriceSmart owner vows continued operations in RP
[Summary] => William S. Go, PriceSmart Philippines (PSMT) chairman and now majority stockholder of the warehouse shopping firm, assured yesterday patrons and members of PriceSmart that his group would work on turning around the beleguered retail outlet group.
In his first press conference after officially taking over management control of PSMT last Aug. 12, Go and his lawyer Ramon C. Esguerra vowed that the warehouse shopping group will continue to operate in the Philippine.
[DatePublished] => 2005-08-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 280680
[Title] => PriceSmart minority owners urge court to halt disbursement of company funds
[Summary] => William S. Go, PriceSmart Philippines (PSMT) chairman and representative of the minority stockholders of the warehouse shopping firm, appealed anew yesterday to the Pasig City Regional Trial Court (RTC) to stop the illegal disbursement of company funds by PriceSmart-appointed executives led by PSMT president Benjamin M. Woods.
In a memorandum submitted to the Court, Go and the minority shareholders warned that "the continuation of such illegal disbursements and wastage of company funds would surely result in PSMT’s death as a business concern."
[DatePublished] => 2005-06-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 274002
[Title] => PriceSmart posts 14% sales hike
[Summary] => PriceSmart Philippines (PSMT) posted a 14- percent increase in its second quarter sales for its fiscal year that starts from September 2004 and ends August 2005, according to PSMT Philippines Inc. president Benjamin M. Woods.
For its first quarter sales the increase had been only six percent, Woods said.
The much higher growth in sales in the second quarter, Woods said, is due to its increased importation of US products which is Price-Smart’s strength.
[DatePublished] => 2005-04-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 272703
[Title] => PriceSmart execs pinasasagot sa P38.59M kasong estafa
[Summary] => Inutusan ng Rizal Provincial Prosecutor ang limang opisyales na inilagay ng PriceSmart sa subsidiary nito, ang PSMT Philippines, na sagutin ang mga kasong estafa na kinapapalooban ng P38.59 milyon na isinampa laban sa kanila ng minority shareholders ng PSMT.
Ang halaga ay binubuo ng P30.15 milyong ilegal na stewardship fees na ibinayad sa PriceSmart noong 2003 at P8.44 milyon na hindi awtorisadong pagpapalabas ng pondo ng PSMT noong nakaraang taon.
[DatePublished] => 2005-04-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[5] => Array
(
[ArticleID] => 271299
[Title] => IFC exit from PriceSmart seen to affect firm's credit rating
[Summary] => The International Finance Corp.’s (IFC) exit from PSMT Philippines Inc. may affect PriceSmart’s credit rating, according to William S. Go, minority shareholder of PSMT.
IFC had originally lent PSMT $12.5 million, maturing in June 2012 and payable semi-annually at a fixed rate of 7.44 percent.
IFC, the private sector investment arm of the World Bank, participates in private business ventures to bolster the credibility of the project and enable it to gain easy access to financing and capital.
[DatePublished] => 2005-03-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 271241
[Title] => PriceSmart sumaklolo sa paluging PSMT
[Summary] => Napilitang saklolohan ng PriceSmart na nakabase sa Estados Unidos ang subsidiary nito sa Pilipinas, ang PSMT Philippines, sa pamamagitan ng pag-ako sa P572-milyong utang nito sa International Finance Corp. (IFC) dahil sa patuloy na paghina ng kakayahang pinansiyal ng PSMT.
Ang ginawang ito ng PriceSmart ay lalong nagpatibay sa hangarin ng mga minority stockholders ng PSMT na putulin ang kaugnayan sa kumpanyang Amerikano.
[DatePublished] => 2005-03-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
)
)
abtest
