Array
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    [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] => 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] => 
                )

            [5] => Array
                (
                    [ArticleID] => 235990
                    [Title] => NEC, Digitel settle supply contract dispute
                    [Summary] => Digital Telecommunications Philippines Inc. (Digitel) and Japan’s NEC  Corp. have finally settled all claims and liabilities with respect to a supply contract they had forged in 1995.


Under the supply contract, NEC agreed to supply to Digitel and install on a turnkey basis a public switched telephone network in the Philippines as part of the Gokongwei-owned firm’s Luzon Telecommunications Development Program.


                    [DatePublished] => 2004-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 209892
                    [Title] => NEC of Japan hits Digitel for ‘inaccurate reporting’
                    [Summary] => The rift between NEC Corp. and Digital Telecommunications Philippines Inc. (Digitel) has taken a new twist as the Japanese-based company accused the Gokongwei-controlled firm of issuing inaccurate statements to its shareholders.


In a letter to the Philippine Stock Exchange, NEC hit the inconsistent statements made by Digitel in its disclosure dated May 26  and during its recent annual shareholders meeting.


                    [DatePublished] => 2003-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

WILLIAM S

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] => 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] => 
                )

            [5] => Array
                (
                    [ArticleID] => 235990
                    [Title] => NEC, Digitel settle supply contract dispute
                    [Summary] => Digital Telecommunications Philippines Inc. (Digitel) and Japan’s NEC  Corp. have finally settled all claims and liabilities with respect to a supply contract they had forged in 1995.


Under the supply contract, NEC agreed to supply to Digitel and install on a turnkey basis a public switched telephone network in the Philippines as part of the Gokongwei-owned firm’s Luzon Telecommunications Development Program.


                    [DatePublished] => 2004-01-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 209892
                    [Title] => NEC of Japan hits Digitel for ‘inaccurate reporting’
                    [Summary] => The rift between NEC Corp. and Digital Telecommunications Philippines Inc. (Digitel) has taken a new twist as the Japanese-based company accused the Gokongwei-controlled firm of issuing inaccurate statements to its shareholders.


In a letter to the Philippine Stock Exchange, NEC hit the inconsistent statements made by Digitel in its disclosure dated May 26  and during its recent annual shareholders meeting.


                    [DatePublished] => 2003-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest