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+ Follow GEORGE AND VERONICA LORENZANA Tag
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[Title] => From the ash fall of Pinatubo
[Summary] => White Rock Resort Inc. remains a favorite case study among bank loan officers.
It began shortly after the 1991 eruption of Mt. Pinatubo when a branch manager visited the resort hotel fronting Subic Bay. The banker expected to commiserate with owners, George and Veronica Lorenzana, who were barely breaking even when two feet of ash fall brought down the roof of their one-storey business. Instead, he met a couple who shrugged off the caved in roof and excitedly talked about how lahar expanded their beach front property from 1.9 hectares to 5.6 hectares.
[DatePublished] => 2002-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1721099
[AuthorName] => Rose G. De La Cruz
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
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GEORGE AND VERONICA LORENZANA
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[Title] => From the ash fall of Pinatubo
[Summary] => White Rock Resort Inc. remains a favorite case study among bank loan officers.
It began shortly after the 1991 eruption of Mt. Pinatubo when a branch manager visited the resort hotel fronting Subic Bay. The banker expected to commiserate with owners, George and Veronica Lorenzana, who were barely breaking even when two feet of ash fall brought down the roof of their one-storey business. Instead, he met a couple who shrugged off the caved in roof and excitedly talked about how lahar expanded their beach front property from 1.9 hectares to 5.6 hectares.
[DatePublished] => 2002-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1721099
[AuthorName] => Rose G. De La Cruz
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
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By Rose G. De La Cruz | May 13, 2002 - 12:00am
Recommended
The Senate impeachment court granted yesterday the request of the prosecution team of the House of Representatives to subpoena the bank and tax records of Vice President Sara Duterte and her husband Manases Carpio ahead of the court’s deliberation on her alleged unexplained wealth.
23 hours ago
Vice President Sara Duterte’s lawyers have yet to discuss whether to elevate to the Supreme Court the Senate impeachment court’s decision to subpoena her bank and tax records, saying it is one of the possible options.
23 hours ago
As legalese and personal issues of certain senators again threatened to bog down the seventh day of the impeachment trial of Vice President Sara Duterte, presiding officer Sen. Francis Escudero announced two rulings yesterday that somewhat eased the impatience of the public.
23 hours ago
Vice President Sara Zimmerman Duterte became awesomely rich while serving as vice mayor of Davao City from 2007 to 2010, and as its mayor from 2010 to 2013.
23 hours ago
Three key moments and developments from Day 7, July 20 of Sara Duterte's impeachment trial.
1 day ago
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