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CHAIRWOMAN FE BARIN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 268111 [Title] => CAP exec: Were not bankrupt [Summary] => The controversial pre-need firm College Assurance Plan (CAP) is not bankrupt, its president and chief executive officer Enrique Sobrepeña told the Senate yesterday.
Sobrepeña told a joint hearing of the Senate committees on trade and commerce and on banks and financial institutions that CAP retained its earnings of P7 billion in 2003, contrary to claims made by the Securities and Exchange Commission (SEC).
He said, however, that CAP still has to pay off P28 million worth of obligations to college students holding educational plans.
[DatePublished] => 2005-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097133 [AuthorName] => Jose Rodel Clapano [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 265079 [Title] => SEC chief willing to take pay cut [Summary] => Securities and Exchange Commission (SEC) Chairwoman Fe Barin said yesterday she will volunteer for a pay cut as her personal contribution in helping the country get over its financial woes.
"If it has to be cut so be it. When I accepted the job, the matter of what I get was not an issue. Its too late to raise that now," Barin told the Manila Overseas Press Clubs (MOPC) weekly breakfast forum at the Ristorante La Dolce Fontana in Greenhills, San Juan yesterday.
[DatePublished] => 2004-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 162656 [Title] => Meralco to cut capex by 40% [Summary] => The Manila Electric Co. (Meralco) said it may reduce its capital expenditures (capex) budget for 2002 to P4.5 billion, or 40 percent lower than the P6.8 billion programmed for the year, if its 30-centavo per kilowatthour (kWh) rate hike petition will not be approved by the Energy Regulatory Commission (ERC) this June.
In a press conference after the companys stockholders meeting, Meralco chairman Manuel Lopez said they are still looking forward to ERCs decision.
[DatePublished] => 2002-05-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Jose Rodel Clapano | February 5, 2005 - 12:00am
By Zinnia B. Dela Peña | September 17, 2004 - 12:00am
May 29, 2002 - 12:00am
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