^
+ Follow ASIA PACIFIC LTD Tag
ASIA PACIFIC LTD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1377162
                    [Title] => Moody’s thumbs up Cathay’s entry in RCBC
                    [Summary] => 

Moody’s Investors Service said that the planned entry of Cathay Life Insurance Co. Ltd. into the Rizal Commercial Banking Corp. (RCBC) was “credit positive.”

[DatePublished] => 2014-10-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 847614 [Title] => Senate probe sa condo raid OK kay P-Noy [Summary] =>

Hindi haharangin ng Malacañang ang isasa­gawang imbestigasyon ng Senado kaugnay ng pagkakasangkot ni Department of Interior and Local Government (DILG) Udersecretary. Rico Puno sa kontrobersya na ‘pag-raid’ sa condominium unit ng yumaong DILG Sec. Jesse Robredo at tanggapan nito sa Napolcom.

[DatePublished] => 2012-09-11 00:00:00 [ColumnID] => 135019 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [2] => Array ( [ArticleID] => 686423 [Title] => RCBC Savings Bank wants 20 more branches in 2011 [Summary] =>

The RCBC Savings Bank (RSB) is planning to open a maximum of 20 branches this year, while it awaits regulatory approval for its first five license applications.

[DatePublished] => 2011-05-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 685452 [Title] => RCBC raises P4.96B with sale of 14% stake to CVC Asia Pacific [Summary] =>

Rizal Commercial Banking Corp. (RCBC) has raised P4.96 billion in Tier 1 capital with the sale of up to 14-percent equity to CVC Asia Pacific Ltd., a major private equity investor and a subsidiary of global player CVC Capital Partners Ltd.

[DatePublished] => 2011-05-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 567335 [Title] => Total terminals ISO certified [Summary] =>

Total (Philippines) Corp. achieved a new milestone with the twin certification of Bataan and Manila Terminals for ISO 14001 certification.

[DatePublished] => 2010-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 194955 [Title] => Steniel creditors agree to loan restructuring [Summary] => The major creditor banks of listed packaging firm Steniel Manufacturing Corp. have agreed to a restructuring of the company’s existing loans by way of lower amortization and the extension of the principal payment period.

The company informed the Philippine Stock Exchange (PSE) that it has struck an agreement with the banking consortium made up of Metrobank, Chinatrust Phils. and BPI-Family Savings Bank to amend omnibus loan agreement dated Nov. 10, 2000.
[DatePublished] => 2003-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 179139 [Title] => Steniel to restructure P851.5-million loans [Summary] => Publicly-listed packaging firm Steniel Manufacturing Corp. is negotiating with its creditor banks for the restructuring of about P851.5 million in loans ahead of the Oct. 10, 2002 deadline for its payment, a company official told the Philippine Stock Exchange.

Steniel’s corporate information officer Nicanor Juan Montoya said the company received a notice of default last Sept. 30 declaring the entire amount due and payable on or before Oct. 10, as stipulated in the Nov. 10, 2000 omnibus agreement entered with the various lender banks.
[DatePublished] => 2002-10-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 149064 [Title] => NPL level of RP banks seen to peak at 21% in 3rd quarter this year [Summary] => The level of non-performing loans (NPLs) of the country’s banking system is seen to peak at 21 percent by the third quarter this year, according to a global investment banker.

In an interview yesterday, Salomon Smith Barney (SSB) Asia Pacific Ltd. vice president Bradford K. Ti said their estimate was based on the expected performance of the Philippine economy vis-à-vis that of the US economy.

"Much will also depend on how the asset management committees (AMCs) will be able to operate this year," Ti added.
[DatePublished] => 2002-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 97989 [Title] => SEC asked to approve block sale of P426-M Steniel shares [Summary] => Metro Pacific Corp. (MPC) and Philippine International Paper Corp. (PIPC) have asked the Securities and Exchange Commission (SEC) to approve the block sale of P425.6 million worth of Steniel Manufacturing Corp. shares.

Lawyer Gemma Santos, counsel for both the MPC and PIPC, said that the transaction is "bonafide" and that it "is not intended to mislead or defraud the public." She added that this is a precondition to Silverneedle’s purchase of 72.6 percent of Steniel’s outstanding shares before buying the same shares tendered beforehand.
[DatePublished] => 2000-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98713 [Title] => Metro Pacific sells Steniel for P425.5 M [Summary] => Metro Pacific Corp., the local unit of Hong Kong’s First Pacific Co. Ltd., has sold its publicly-listed packaging subsidiary Steniel Manufacturing Corp. to regional investment firm CVC Asia Pacific Ltd. for P425.5 million.

"The sale of Steniel is a further step towards MPC achieving its objective of becoming a premier property and real estate development company," MPC president and CEO Ricardo Pascua said.
[DatePublished] => 2000-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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