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+ Follow GLOBAL INFRASTRUCTURE HOLDINGS LTD Tag
GLOBAL INFRASTRUCTURE HOLDINGS LTD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1244142
                    [Title] => Foreign steel makers eye Global Steel’s closed facilities
                    [Summary] => 

Foreign steel makers have expressed interest in reviving Global Steel Philippines, Inc.’s (GSPI) closed facility or setting up a new steel plant here, a Trade official said.

[DatePublished] => 2013-10-12 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 271903 [Title] => 4% hike in prices of canned meat products feared [Summary] => Meat processors plan to impose a four-percent increase in the prices of canned meat products if government hikes the tariff on imported tinplates.

"It would be difficult to hold on to prices if government decides after all to increase the tariff on imported tinplates which is the basic material for cans and it will definitely affect our pricing. At the outset we see a four-percent increase in prices of canned meat products," said Francisco Buencamino, executive director of the Philippine Association of Meat Processors of the Philippines Inc. (PAMPI).
[DatePublished] => 2005-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 269535 [Title] => Global Steelworks to start commercial operation by June [Summary] => Global Steelworks International Inc. (GSII), formerly the National Steel Corp., has informed the Board of Investments (BOI) that it will begin commercial operation by June this year.

The start of GSII’s full commercial operation is supposed to trigger the imposition of the approved increase in tariff rate on hot and cold rolled coils that will be produced by GSII.

However, according to government sources, GSII must inform the Tariff and Related Matters (TRM) committee once the firm is commercially operational.
[DatePublished] => 2005-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 268002 [Title] => Ready to go [Summary] => The rehabilitation of the North Luzon Expressway, the country’s largest infrastructure project since the start of the new millennium, is close to completion.
[DatePublished] => 2005-01-30 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 265691 [Title] => NSC reopening to energize Mindanao economy — Roxas [Summary] => The reopening of the National Steel Corp. (NSC) will energize industries in Northern Mindanao and stimulate the economy of the whole of Mindanao, according to Sen. Mar Roxas, chairman of the Senate committees on trade and commerce and on economic affairs.

"The resurrection of the steel giant will directly and indirectly provide thousands of good-paying jobs, income and livelihood to communities in Iligan City, Northern Mindanao and adjacent regions," Roxas said.
[DatePublished] => 2004-10-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 265292 [Title] => GIHL completes P1-B downpayment to NSC [Summary] => Global Infrastructure Holdings Ltd. (GIHL) has remitted in full its P1-billion downpayment for National Steel Corp. (NSC), said Sushant Das, president of GIHL’s parent firm Global Steelworks International Inc. (GSII).

With the payment, Das said GIHL can now proceed with the acquisition of NSC, including the takeover of the plant’s assets and operations.
[DatePublished] => 2004-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 264719 [Title] => Closure of NSC sale to Global Ispat remains on hold [Summary] => The closure of the sale of National Steel Corp. (NSC) to Global Infrastructure Holdings Ltd. (GIHL) continues to be held up even as an Asset Purchase Agreement was finally signed last Friday, Sept. 10.

Two other agreements – the Omnibus Agreement and the Sharing Agreement have not been signed because of two other conditions that the creditor banks have to complete.
[DatePublished] => 2004-09-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 264108 [Title] => Local steel firms question capability of NSC [Summary] => Local steel makers doubt the capacity of the new foreign owners of National Steel Corp. (NSC) to modernize the plant and produce globally competitive steel products due to their lack of financial and technical resources.
[DatePublished] => 2004-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 258900 [Title] => Hike in prices of canned food products feared [Summary] => Prices of processed canned meat and fish products could cost almost twice their current retail level if the government pursues plans to raise tariffs on imported steel products like tinplates and impose more stringent meat import rules.
[DatePublished] => 2004-07-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 251536 [Title] => Ecozone status sought for Nat’l Steel location [Summary] => National Steel Corp. (NSC) has filed an application with the Philippine Economic Zone Authority (PEZA) for the declaration of its location a special economic zone.

If approved, NSC will be entitled to various incentives including tax breaks that will allow the company to pay a lower five-percent income tax in lieu of other taxes that it will otherwise have to pay.

Banking sources said the application is likely to be approved as part of the incentive package that the government had conceded to give the steel company once bailed out by investors.
[DatePublished] => 2004-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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