+ Follow FILOIL DEVELOPMENT AND MANAGEMENT CORP Tag
FILOIL DEVELOPMENT AND MANAGEMENT CORP
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[results] => Array
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[0] => Array
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[ArticleID] => 835260
[Title] => DOE takes stock of real estate properties of PNOC subsidiary
[Summary] => The Department of Energy (DOE) is taking a stock of the real estate properties of its subsidiary Philippine National Oil Co. (PNOC).
[DatePublished] => 2012-08-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1538806
[AuthorName] => Neil Jerome C. Morales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 340663
[Title] => PNOC subsidiary to sell 123-ha Cavite property
[Summary] => PNOC Development Management Corp. (PDMC), the real estate development arm of the state-owned Philippine National Oil Co. (PNOC), will auction off a 123-hectare property worth at least P1.3 billion in Rosario, Cavite as part of the company’s privatization plan.
PNOC president Eduardo Mañalac told reporters that they are actually looking at various options for the privatization of PDMC.
[DatePublished] => 2006-06-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 208094
[Title] => PNOC remits P14.3-B to NG in 8 years
[Summary] => State-owned Philippine National Oil Company (PNOC) said yesterday that it had remitted a total of P14.3 billion to the National Government over the last eight years.
PNOC president Thelmo Y. Cunanan said this is a clean proof that the oil firm is still one of the most profitable corporations owned and controlled by the government.
"We have been performing well for the past eight years or from the period from 1996 to 2002," Cunanan said.
He said PNOC has been remitting an average of P1.78 billion a year to NG.
[DatePublished] => 2003-05-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 204195
[Title] => PNOC to remit P560.5-M cash dividend to government
[Summary] => State-run Philippine National Oil Co. (PNOC) will remit P560.5 million in cash dividend to the National Government.
"Based on our income last year, we are to remit some P560 million early this year. Being a government-owned and controlled corporation, we are mandated through Republic Act 7656 to declare cash dividends to the National Government representing half of our net income," PNOC president Thelmo Y. Cunanan said.
Cunanan said the dividend comes from two sources: PNOC and Petron.
[DatePublished] => 2003-04-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 174017
[Title] => PNOC remits P167-M dividend to government
[Summary] => State-owned Philippine National Oil Co. (PNOC) said yesterday it remitted P167 million to the National Government to complete the P317-million dividend which the NG is entitled to for 2001.
PNOC president Thelmo Y. Cunanan said the P317 million represents half or 50 percent of the oil company’s net income.
"Based on our income last year, we are to remit some P316 million. Being a government-owned and controlled corporation, we are mandated through Republic Act 7656 to declare cash dividends to the National Government," Cunanan said.
[DatePublished] => 2002-08-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 148074
[Title] => PNOC sets P2-B invest budget
[Summary] => State-owned Philippine National Oil Co. (PNOC) has an investment budget of P2 billion this year, a company official said.
PNOC executive vice president Alfredo Parungao said a major portion of the amount will finance a portion of its subsidiaries’ expenditure program.
PNOC controls six oil and non-oil subsidiaries namely: PNOC-Energy Development Corp. (PNOC-EDC), PNOC-Exploration Corp. (PNOC-EC), PNOC-Shipping and Transport Corp. (PSTC), PNOC-Petrochemical Development Corp. (PPDC), PNOC-Coal Corp. (PCC) and Filoil Development and Management Corp. (FDMC).
[DatePublished] => 2002-01-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 144832
[Title] => Filoil starts housing project in Cavite
[Summary] => The Filoil Development and Management Corp. (Filoil), a real estate development arm of Philippine National Oil Co. (PNOC), has started building an initial 500 socialized housing units in its property in Rosario, Cavite.
Filoil president and chief executive officer Cirilio S. Martinez said the construction of the low-cost housing units is being undertaken by the virtue of Executive Order No. 59 signed by President Arroyo recently.
The socialized housing units, Martinez said, would occupy 25 hectares of the 118-hectare property of Filoil in Rosario, Cavite.
[DatePublished] => 2001-12-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 139942
[Title] => PNOC to streamline operations
[Summary] => State-owned Philippine National Oil Co. (PNOC) will rationalize its operations to avoid duplication of functions among its subsidiaries.
"We are currently working out the rationalization of our subsidiaries so that they would be able to concentrate on one function," PNOC president and chief executive officer Thelmo Y. Cunanan said.
Cunanan said this move will allow PNOC to identify which areas need to improve. "If we have focus, then we could easily find where our strengths and weaknesses are," he said.
[DatePublished] => 2001-11-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 129049
[Title] => Filoil to form joint venture with ATI
[Summary] => Filoil Development and Management Corp. (Filoil), the real estate development arm of the state-owned Philippine National Oil Co. (PNOC), is forging a joint venture agreement with Asian Terminal Inc. (ATI) within this quarter, a company official said.
In an interview, Filoil president and chief executive officer Cirilo S. Martinez said the deal will involve an extensive cargo handling scheme that would allow ATI to use the properties of Filoil located in Rosario, Cavite.
[DatePublished] => 2001-08-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 95426
[Title] => Filoil to develop Cavite property
[Summary] => Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate.
There are four investors that have expressed interest in the project, said Philippine National Oil Co. (PNOC) president and chief executive officer Thelmo Y. Cunanan. Filoil is a subsidiary of PNOC.
Cunanan said the site, located beside the Cavite Export Processing Zone (CEPZ), has been idle, resulting in a monthly loss of nearly P200,000.
[DatePublished] => 2001-06-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 25, 2001 - 12:00am
