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                    [Title] => Lawmaker seeks probe on DBP loans
                    [Summary] => 
Rep. Teodorico Haresco of the party-list group Ang Kasangga wants the House of Representatives to look into loans the Development Bank of the Philippines (DBP) has granted private companies.  
                    [DatePublished] => 2011-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Business
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                    [ArticleID] => 556397
                    [Title] => Stocks rise as investors focus on energy issues
                    [Summary] => 
The local stock market closed slightly higher yesterday, tracking the modest gains on Wall St., as investors turned their focus on selected stocks in the energy sector, traders said.
                    [DatePublished] => 2010-03-11 00:00:00
                    [ColumnID] => 133272
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                    [Title] => First Pacific cements control over RP mining giant
                    [Summary] => 
Hong Kong-based investment firm First Pacific Co. Ltd. today said it has become the largest stockholder in Philex Mining Corp. after consolidating its stake in Philex, the country's number one mining company, to 40.7 percent.
                    [DatePublished] => 2009-12-03 17:13:47
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                    [Title] => ISM Communications Corp raises capital to P3B
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                    [DatePublished] => 2007-09-28 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => ISM Communications Corp raises capital to P3B
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                    [DatePublished] => 2007-09-28 00:00:00
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 359868
                    [Title] => Philweb to acquire additional ISM Communications shares
                    [Summary] => Information technology and online gaming firm Philweb Corp. has agreed to acquire the 10.9-percent stake held by Hong Kong-based Softbank Investment International (Strategic) Ltd. in ISM Communications Corp. for $1.43 million.


In a disclosure to the Philippine Stock Exchange, Philweb said it would acquire 2.29 billion shares in ISM, payable in four equal tranches every three months from the date of the agreement.


With the acquisition, Philweb’s ownership in ISM will increase to 40 percent.


                    [DatePublished] => 2006-09-26 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 335728
                    [Title] => Philweb, ePLDT execute investment agreement
                    [Summary] => Publicly listed information technology company Philweb, majority owned by former Trade Minister Roberto Ongpin, and ePLDT yesterday executed an investment agreement covering the proposed subscription by ePLDT to 20 percent of Philweb.


The investment and subscription agreement covers 25.12 billion new common shares of Philweb equivalent to 20 percent of the resulting expanded outstanding capital stock at a price of two centavos per share or a total of P502.4 million.


                    [DatePublished] => 2006-05-09 00:00:00
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                    [ArticleID] => 318991
                    [Title] => Upstart telco CURE hikes capital after getting 3G license
                    [Summary] => Connectivity Unlimited Resources Inc. (CURE), an upstart telecommunications company controlled by former Trade Minister Roberto Ongpin, has raised its paid-in capital to P451.44 million after securing a third-generation or 3G license from the National Telecommunications Commission (NTC).


"With this increase in paid-up capital, CURE has now fulfilled all of the requirements in accordance with its award of the 3G frequency," CURE president Eric Recto said in a letter to the NTC.


                    [DatePublished] => 2006-01-29 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Shares recover 14 pts on technical rebound
                    [Summary] => 

After a four-day skid, local stocks picked up appeal anew as investors
downplayed the weakness in the US and Asian markets -- along with a falling
peso -- to accumulate selected issues on follow-through buying.

The main index avoided plunging below the 1400-mark to eke out a modest one
percent or 14.12 point gain, ending at 1418.79.
                    [DatePublished] => 2000-05-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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TRADE MINISTER ROBERTO ONGPIN

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                    [Title] => Lawmaker seeks probe on DBP loans
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Rep. Teodorico Haresco of the party-list group Ang Kasangga wants the House of Representatives to look into loans the Development Bank of the Philippines (DBP) has granted private companies.  
                    [DatePublished] => 2011-09-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Jess Diaz
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                    [ArticleID] => 556397
                    [Title] => Stocks rise as investors focus on energy issues
                    [Summary] => 
The local stock market closed slightly higher yesterday, tracking the modest gains on Wall St., as investors turned their focus on selected stocks in the energy sector, traders said.
                    [DatePublished] => 2010-03-11 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 528741
                    [Title] => First Pacific cements control over RP mining giant
                    [Summary] => 
Hong Kong-based investment firm First Pacific Co. Ltd. today said it has become the largest stockholder in Philex Mining Corp. after consolidating its stake in Philex, the country's number one mining company, to 40.7 percent.
                    [DatePublished] => 2009-12-03 17:13:47
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                    [Title] => ISM Communications Corp raises capital to P3B
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => ISM Communications Corp raises capital to P3B
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                    [ArticleID] => 359868
                    [Title] => Philweb to acquire additional ISM Communications shares
                    [Summary] => Information technology and online gaming firm Philweb Corp. has agreed to acquire the 10.9-percent stake held by Hong Kong-based Softbank Investment International (Strategic) Ltd. in ISM Communications Corp. for $1.43 million.


In a disclosure to the Philippine Stock Exchange, Philweb said it would acquire 2.29 billion shares in ISM, payable in four equal tranches every three months from the date of the agreement.


With the acquisition, Philweb’s ownership in ISM will increase to 40 percent.


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                    [ArticleID] => 335728
                    [Title] => Philweb, ePLDT execute investment agreement
                    [Summary] => Publicly listed information technology company Philweb, majority owned by former Trade Minister Roberto Ongpin, and ePLDT yesterday executed an investment agreement covering the proposed subscription by ePLDT to 20 percent of Philweb.


The investment and subscription agreement covers 25.12 billion new common shares of Philweb equivalent to 20 percent of the resulting expanded outstanding capital stock at a price of two centavos per share or a total of P502.4 million.


                    [DatePublished] => 2006-05-09 00:00:00
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                    [Title] => Upstart telco CURE hikes capital after getting 3G license
                    [Summary] => Connectivity Unlimited Resources Inc. (CURE), an upstart telecommunications company controlled by former Trade Minister Roberto Ongpin, has raised its paid-in capital to P451.44 million after securing a third-generation or 3G license from the National Telecommunications Commission (NTC).


"With this increase in paid-up capital, CURE has now fulfilled all of the requirements in accordance with its award of the 3G frequency," CURE president Eric Recto said in a letter to the NTC.


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                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [URL] => 
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                    [ArticleID] => 99186
                    [Title] => Shares recover 14 pts on technical rebound
                    [Summary] => 

After a four-day skid, local stocks picked up appeal anew as investors
downplayed the weakness in the US and Asian markets -- along with a falling
peso -- to accumulate selected issues on follow-through buying.

The main index avoided plunging below the 1400-mark to eke out a modest one
percent or 14.12 point gain, ending at 1418.79.
                    [DatePublished] => 2000-05-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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abtest

Lawmaker seeks probe on DBP loans

By Jess Diaz | September 11, 2011 - 12:00am

Rep. Teodorico Haresco of the party-list group Ang Kasangga wants the House of Representatives to look into loans the Development Bank of the Philippines (DBP) has granted private companies.  

Business

Stocks rise as investors focus on energy issues

March 11, 2010 - 12:00am

The local stock market closed slightly higher yesterday, tracking the modest gains on Wall St., as investors turned their focus on selected stocks in the energy sector, traders said.

Business

First Pacific cements control over RP mining giant

December 3, 2009 - 5:13pm

Hong Kong-based investment firm First Pacific Co. Ltd. today said it has become the largest stockholder in Philex Mining Corp. after consolidating its stake in Philex, the country's number one mining company, to...

ISM Communications Corp raises capital to P3B

By Zinnia B. Dela Peña | September 28, 2007 - 12:00am

Business

ISM Communications Corp raises capital to P3B

By Zinnia B. Dela Peña | September 28, 2007 - 12:00am

Business

Philweb to acquire additional ISM Communications shares

By Zinnia B. Dela Peña | September 26, 2006 - 12:00am

Information technology and online gaming firm Philweb Corp. has agreed to acquire the 10.9-percent stake held by Hong Kong-based Softbank Investment International (Strategic) Ltd. in ISM Communications Corp. for...

Business

Philweb, ePLDT execute investment agreement

May 9, 2006 - 12:00am

Publicly listed information technology company Philweb, majority owned by former Trade Minister Roberto Ongpin, and ePLDT yesterday executed an investment agreement covering the proposed subscription by ePLDT to...

Business

Upstart telco CURE hikes capital after getting 3G license

By Zinnia B. Dela Peña | January 29, 2006 - 12:00am

Connectivity Unlimited Resources Inc. (CURE), an upstart telecommunications company controlled by former Trade Minister Roberto Ongpin, has raised its paid-in capital to P451.44 million after securing a third-generation...

Business

Shares recover 14 pts on technical rebound

By Christina Mendez | May 25, 2000 - 12:00am

After a four-day skid, local stocks picked up appeal anew as investors downplayed the weakness in the US and Asian markets -- along with a falling peso -- to accumulate selected issues on follow-through buying. The...

Business