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                    [ArticleID] => 14598
                    [Title] => Gov’t eyes financial advisor for sale of Meralco stake
                    [Summary] => 
            
                    [DatePublished] => 2007-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 2980
                    [Title] => China presses for extradition treaties with Western nations
                    [Summary] => 
            
                    [DatePublished] => 2007-05-29 14:02:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 387293
                    [Title] => Gov’t to sell Meralco shares as a single block
                    [Summary] => 




Government shares in Manila Electric Co. (Meralco) would be sold as a single block possibly in the second half of the year, finance officials said yesterday.


After closing the sale of its shares in Philippine Long Distance and Telephone Co. (PLDT), Finance Secretary Margarito B. Teves told reporters that government would focus its efforts on selling its Meralco shares.


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 380351
                    [Title] => Meralco stockholders mull buying gov’t stake
                    [Summary] => 



With an improving financial stance, Manila Electric Co. (Meralco) is considering changes in its equity structure, a ranking company official said.


Meralco chairman Manuel Lopez told reporters that the Lopez group may likely increase its shareholdings by buying some of the government’s stake in the power utility firm.


"It is something that we are looking at," Lopez said.


At the onset of the year, the government, through the Department of Finance (DOF), had announced plans to push through with the sale of its Meralco shares.


                    [DatePublished] => 2007-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 379224
                    [Title] => Meralco announces rate refund plan
                    [Summary] => 

The Manila Electric Co. (Meralco) announced yesterday plans to refund its millions of customers on any excess from the previous collection of currency exchange rate adjustments (CERA).


Meralco also announced it might scrap the collection of CERA, ABS-CBN News Channel reported yesterday.


In the May 2003 approval, CERA was set at 11.87 percent of the distribution charge. The scheme allowed Meralco to automatically pass on to consumers the effect of peso depreciation on principal repayments of foreign debts.


                    [DatePublished] => 2007-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 372087
                    [Title] => Lopez Group considers sale of Meralco stake
                    [Summary] => 



The Lopez Group intends to revisit plans of disposing its stake at Manila Electric Co. (Meralco) amid continuing controversies being faced by the power utility firm, a top company official said yesterday.


Oscar Lopez, chairman of the Lopez Group, told reporters during a forum sponsored by the Foreign Correspondents Association of the Philippines (FOCAP), said the sale option is still being explored by the company.


"If the price is right, we will (divest our shares). If there is a good offer, we will (sell)," he said 


                    [DatePublished] => 2006-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 234377
                    [Title] => Meralco-First Gas contract to result in 3¢/kwh savings for consumers
                    [Summary] => Manila Electric Co. (Meralco) customers will soon enjoy a three-centavo per kilowatthour (kwh) savings from their electric bill after the power utility firm concluded its contract negotiations with one of its independent power producers (IPPs) with a package of concessions potentially worth up to P30 billion. 


In a disclosure to the Philippine Stock Exchange (PSE), Meralco said its independent review committee (IRC) has wrapped up renegotiations of its power contract with First Gas Power Corp., a company also under the Lopez group.


                    [DatePublished] => 2004-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 205207
                    [Title] => Why our business environment remains scary
                    [Summary] => Outside of the less than ideal world economic environment, the reason why we have all but vanished from the radar screens of potential investors is politely attributed to political risk. When analysts say investors are worried about our political risk, they mean we are one hell of an unpredictable country to invest in. And they are right.


                    [DatePublished] => 2003-05-07 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 101263
                    [Title] => Meralco to spend P7 B for expansion program this yr
                    [Summary] => 

Manila Electric Co. (Meralco) will spend about P7 billion for its expansion and
systems improvement program this year, a top official of the Lopez conglomerate
said.

Benpres Holdings Corp.
                    [DatePublished] => 2000-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

UNION FENOSA

Array
(
    [results] => Array
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            [0] => Array
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                    [ArticleID] => 14598
                    [Title] => Gov’t eyes financial advisor for sale of Meralco stake
                    [Summary] => 
            
                    [DatePublished] => 2007-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 2980
                    [Title] => China presses for extradition treaties with Western nations
                    [Summary] => 
            
                    [DatePublished] => 2007-05-29 14:02:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 387293
                    [Title] => Gov’t to sell Meralco shares as a single block
                    [Summary] => 




Government shares in Manila Electric Co. (Meralco) would be sold as a single block possibly in the second half of the year, finance officials said yesterday.


After closing the sale of its shares in Philippine Long Distance and Telephone Co. (PLDT), Finance Secretary Margarito B. Teves told reporters that government would focus its efforts on selling its Meralco shares.


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 380351
                    [Title] => Meralco stockholders mull buying gov’t stake
                    [Summary] => 



With an improving financial stance, Manila Electric Co. (Meralco) is considering changes in its equity structure, a ranking company official said.


Meralco chairman Manuel Lopez told reporters that the Lopez group may likely increase its shareholdings by buying some of the government’s stake in the power utility firm.


"It is something that we are looking at," Lopez said.


At the onset of the year, the government, through the Department of Finance (DOF), had announced plans to push through with the sale of its Meralco shares.


                    [DatePublished] => 2007-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 379224
                    [Title] => Meralco announces rate refund plan
                    [Summary] => 

The Manila Electric Co. (Meralco) announced yesterday plans to refund its millions of customers on any excess from the previous collection of currency exchange rate adjustments (CERA).


Meralco also announced it might scrap the collection of CERA, ABS-CBN News Channel reported yesterday.


In the May 2003 approval, CERA was set at 11.87 percent of the distribution charge. The scheme allowed Meralco to automatically pass on to consumers the effect of peso depreciation on principal repayments of foreign debts.


                    [DatePublished] => 2007-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 372087
                    [Title] => Lopez Group considers sale of Meralco stake
                    [Summary] => 



The Lopez Group intends to revisit plans of disposing its stake at Manila Electric Co. (Meralco) amid continuing controversies being faced by the power utility firm, a top company official said yesterday.


Oscar Lopez, chairman of the Lopez Group, told reporters during a forum sponsored by the Foreign Correspondents Association of the Philippines (FOCAP), said the sale option is still being explored by the company.


"If the price is right, we will (divest our shares). If there is a good offer, we will (sell)," he said 


                    [DatePublished] => 2006-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 234377
                    [Title] => Meralco-First Gas contract to result in 3¢/kwh savings for consumers
                    [Summary] => Manila Electric Co. (Meralco) customers will soon enjoy a three-centavo per kilowatthour (kwh) savings from their electric bill after the power utility firm concluded its contract negotiations with one of its independent power producers (IPPs) with a package of concessions potentially worth up to P30 billion. 


In a disclosure to the Philippine Stock Exchange (PSE), Meralco said its independent review committee (IRC) has wrapped up renegotiations of its power contract with First Gas Power Corp., a company also under the Lopez group.


                    [DatePublished] => 2004-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 205207
                    [Title] => Why our business environment remains scary
                    [Summary] => Outside of the less than ideal world economic environment, the reason why we have all but vanished from the radar screens of potential investors is politely attributed to political risk. When analysts say investors are worried about our political risk, they mean we are one hell of an unpredictable country to invest in. And they are right.


                    [DatePublished] => 2003-05-07 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 101263
                    [Title] => Meralco to spend P7 B for expansion program this yr
                    [Summary] => 

Manila Electric Co. (Meralco) will spend about P7 billion for its expansion and
systems improvement program this year, a top official of the Lopez conglomerate
said.

Benpres Holdings Corp.
                    [DatePublished] => 2000-01-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest