+ Follow NARC Tag
NARC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 187316
[Title] => Norkis to assemble Durango, Town & Country van in Cebu
[Summary] => Norkis Automotive Resources Corp. (NARC) president Luis B. Quisumbing announced yesterday that Norkis would start the assembly by 2004 of several Chrysler vehicles, namely the Durango and Town and Country van.
In line with this, Quisumbing said NARC is moving its assembly operations from Mandaue to Canamucan, Compostela, North of Cebu.
The 10-hectare Compostela facility, Quisumbing said, is part of the facilities turned over by NARC’s former partner, Daewoo, as settlement for the dissolution of its partnership with NARC.
[DatePublished] => 2002-12-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 153007
[Title] => Norkis seeks nod to bring in SKD units
[Summary] => Norkis Automotive Resources Corp. (NARC) is seeking an import authority from the Board of Investments (BOI) to bring in 1,000 semi-knocked down (SKD) units of either a sports utility vehicle or a van under a certificate of authority approved by the Estrada administration.
Under that certificate of authority, NARC and its foreign partner, Daimler-Chrysler Corp., have been allowed to import 7,000 SKDs over a three-year period.
NARC and Daimler-Chrysler reportedly need three years to test the market for the best possible model which they would then produce locally.
[DatePublished] => 2002-03-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98268
[Title] => BOI tosses Norkis Automotive’s request to Malacañang
[Summary] => The Board of Investments (BOI) wants Malacañang to make the decision on the request of Norkis Automotive Resources Corp. (NARC) for more time to start its assembly of completely knocked-down (CKD) Chrysler vehicles.
In a memorandum, the BOI Engineering Industries Department (EID) said NARC may be allowed to open letters of credit to enable it to order the goods but it would not issue an import authorization unless it had been cleared by the Office of the President.
[DatePublished] => 2000-12-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 98241
[Title] => Norkis defers plan to produce Chrysler autos
[Summary] => Norkis Automotive Resources Corp. (NARC) is delaying its plan to go into the full production of Chrysler vehicles until 2002.
In a request filed with the Board of Investments (BOI), NARC asked that its authority to import 500 semi knocked-down (SKD) units of Chrysler models be extended until March 2001 pending the approval of its request for the authority to import another 7,000 SKD units.
In the request, NARC also asked for the extension of the 18-month phasing-in period of full completely knocked-down (CKD) operations from August 2000 to February 2002.
[DatePublished] => 2000-12-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 10, 2002 - 12:00am
