^
+ Follow FORUM PACIFIC Tag
FORUM PACIFIC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1424834
                    [Title] => Index nearly touches 7,800-pt mark
                    [Summary] => 

A late afternoon rally pushed local stocks to a new  record high yesterday ahead of the Chinese New Year.

[DatePublished] => 2015-02-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150129/index.jpg ) [1] => Array ( [ArticleID] => 1401249 [Title] => Group reiterates need to institutionalize EITI [Summary] =>

A national multi-stakeholder group reiterated yesterday the need to institutionalize the Extractive Industries Transparency Initiative (EITI) through legislation to force all mining and  oil and gas companies to disclose vital information regarding their operations including revenue and taxes paid to the government.

[DatePublished] => 2014-12-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1253386 [Title] => Weak regional markets dampen Phl stocks [Summary] =>

Local share prices continued to decline yesterday, dragged down by weak regional markets  ahead of   China’s Communist Party meeting   to set the  direction of its economic policy.

[DatePublished] => 2013-11-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 828827 [Title] => Forum Pacific eyes new deals to boost profits [Summary] =>

Listed upstream oil firm Forum Pacific Inc. is banking on new petroleum and gas service contracts to increase its profitability.

[DatePublished] => 2012-07-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 769280 [Title] => PSE lifts restrictions on Gatchalian firms [Summary] =>

The Philippine Stock Exchange (PSE) lifted yesterday restrictions on all trades involving shares in six companies affiliated with plastics king William Gatchalian, after nearly three years of investigation into alleged fraudulent trading activities.

[DatePublished] => 2012-01-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 346587 [Title] => SEC penalizes 10 listed companies [Summary] => The Securities and Exchange Commission has imposed fines on 10 listed corporations for failure to file audited financial statements for the year 2005.

Among these companies include Banco Filipino Savings & Mortgage Bank, Federal Chemicals, Benguet Corp., MRC Allied Industries Inc., Forum Pacific, Wise Holdings, RFM Corp., Swift Corp., Mondragon International, and Sanitary Wares Manufacturing Corp.

Trading in shares of Benguet may be suspended by the SEC should it fail to settle the fine after the hearing scheduled by the SEC.
[DatePublished] => 2006-07-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 250079 [Title] => PSE to suspend 10 firms for reportorial violations [Summary] => The Philippine Stock Exchange (PSE) has threatened to suspend trading in 10 publicly-listed companies for their failure to submit last year’s annual reports as well as pay the assessed fines.

In a notice to brokers yesterday, the PSE said it would suspend starting on Monday, May 17, stock transactions in Zipporah Realty Holdings Inc., Wise Holdings Inc., Uniwide Holdings Inc., Unioil Resources & Holdings Co. Inc., Solid Group Inc., Mondragon International Phils. Inc., Forum Pacific Inc., Fil-Estate Corp., DMCI Holdings Inc. and Cyber Bay Corp.
[DatePublished] => 2004-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98802 [Title] => Baguio Gold takes steps to hasten PAL backdoor listing [Summary] => Publicly listed Baguio Gold Holdings Corp. will be issuing about 23 billion worth of new shares to execute its share-swap agreement with majority stockholders of Philippine Airlines and complete the backdoor listing of the flag carrier.

Baguio Gold, the latest acquisition of beer and tobacco magnate Lucio Tan, informed the Philippine Stock Exchange that it will be buying 100 percent of the outstanding capital stock of eight companies holding a combined 85.09 percent stake in PAL in exchange for additional shares in the listed firm.
[DatePublished] => 2000-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 98709 [Title] => PAL to use Baguio Gold for backdoor listing [Summary] => The plan has been set in motion. Flag carrier Philippine Airlines will soon test the equities market as it prepares to list at the Philippine Stock Exchange (PSE) via the backdoor route, using Baguio Gold Holdings Corp. as the corporate vehicle.

In a disclosure to the PSE, Baguio Gold corporate secretary Ma. Cecilia Pesayco said the company will be issuing new shares in exchange for the acquisition of about 90 percent of the outstanding capital stock of PAL. Both Baguio Gold and PAL are controlled by liquor and tobacco tycoon Lucio Tan.
[DatePublished] => 2000-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 87671 [Title] => Oil deposits in Cebu confirmed [Summary] =>

CEBU - There is definitely oil in Jibitnil Island in Medellin, Cebu.

The Department of Energy (DOE) and the Philippine National Oil Co. confirmed this during a meeting the other day with Forum Pacific, the energy department's private contractor.

Rannie Abando, DOE's oil and gas division chief, said the exact location, volume and commercial value of the oil deposits have yet to be determined by an oil exploration to be conducted later this year.

Abando said it will take one to three months to determine whether the oil deposits are of commercial quantity. [DatePublished] => 2000-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1194344 [AuthorName] => by Freeman News Service [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )

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