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                    [ArticleID] => 162027
                    [Title] => PSALM mulls $500-M bond float
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) is looking at the possibility of floating some $500-million worth of bonds in the third quarter to cover part of the remaining $750-million financing requirement of the National Power Corp. (Napocor) this year.


Energy Secretary and PSALM director Vincent S. Perez told reporters Wednesday said they are in the process of selecting the underwriters. "At this point, we have received a number of proposals from various financial institutions," Perez said.
[DatePublished] => 2002-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 145059 [Title] => New oil firms face supply problems [Summary] => New oil companies are likely to face supply problems early next year due to the abrupt closure of the oil terminal of Eastern Petroleum Corp. (EPC) in Pasig.

Industry sources, who requested anonymity, said the closure of the terminal has started taking its toll on the Subic Bay Distribution Inc. (SBDI).
[DatePublished] => 2001-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 133973 [Title] => Individual sale of Napocor’s gencos mulled [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM), an entity created to handle the privatization of the National Power Corp. (Napocor), is looking at proposals to sell Napocor’s generation assets individually.

Energy Secretary and PSALM board member Vincent S. Perez, in an interview, said this proposal is one of the options they are studying right now.

"There will be some sales of gencos (generation assets) by clusters and some by individual plant," Perez said, adding that there have been proposals to buy only one power plant of Napocor. [DatePublished] => 2001-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 130976 [Title] => Privatization plan for Napocor ready by November [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) expects to finalize the privatization plan for the state-owned National Power Corp. (Napocor) by November this year, Energy Secretary and PSALM board member Vincent S. Perez said.

Perez said based on the timetable prepared by the financial advisors of Napocor, the final privatization plan is targeted to be approved by President Arroyo on Nov. 30.
[DatePublished] => 2001-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96077 [Title] => 3 Japanese firms eye RP [Summary] => At least three Japanese firms have indicated their intention to invest in the Philippines following a trade mission in March this year by the Japan External Trade Organization (JETRO).

This was revealed by Board of Investments (BOI) managing head Vincent S. Perez Jr. who identified the three firms as Nippon Steel Corp., NTT Software Corp. and Tobe Kako.
[DatePublished] => 2001-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 162027
                    [Title] => PSALM mulls $500-M bond float
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) is looking at the possibility of floating some $500-million worth of bonds in the third quarter to cover part of the remaining $750-million financing requirement of the National Power Corp. (Napocor) this year.


Energy Secretary and PSALM director Vincent S. Perez told reporters Wednesday said they are in the process of selecting the underwriters. "At this point, we have received a number of proposals from various financial institutions," Perez said.
[DatePublished] => 2002-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 145059 [Title] => New oil firms face supply problems [Summary] => New oil companies are likely to face supply problems early next year due to the abrupt closure of the oil terminal of Eastern Petroleum Corp. (EPC) in Pasig.

Industry sources, who requested anonymity, said the closure of the terminal has started taking its toll on the Subic Bay Distribution Inc. (SBDI).
[DatePublished] => 2001-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 133973 [Title] => Individual sale of Napocor’s gencos mulled [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM), an entity created to handle the privatization of the National Power Corp. (Napocor), is looking at proposals to sell Napocor’s generation assets individually.

Energy Secretary and PSALM board member Vincent S. Perez, in an interview, said this proposal is one of the options they are studying right now.

"There will be some sales of gencos (generation assets) by clusters and some by individual plant," Perez said, adding that there have been proposals to buy only one power plant of Napocor. [DatePublished] => 2001-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 130976 [Title] => Privatization plan for Napocor ready by November [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) expects to finalize the privatization plan for the state-owned National Power Corp. (Napocor) by November this year, Energy Secretary and PSALM board member Vincent S. Perez said.

Perez said based on the timetable prepared by the financial advisors of Napocor, the final privatization plan is targeted to be approved by President Arroyo on Nov. 30.
[DatePublished] => 2001-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96077 [Title] => 3 Japanese firms eye RP [Summary] => At least three Japanese firms have indicated their intention to invest in the Philippines following a trade mission in March this year by the Japan External Trade Organization (JETRO).

This was revealed by Board of Investments (BOI) managing head Vincent S. Perez Jr. who identified the three firms as Nippon Steel Corp., NTT Software Corp. and Tobe Kako.
[DatePublished] => 2001-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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