+ Follow OVERSEAS PRIVATE INVESTMENT CORP Tag
OVERSEAS PRIVATE INVESTMENT CORP
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[results] => Array
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[0] => Array
(
[ArticleID] => 1327203
[Title] => More investments seen coming to Phl
[Summary] => Foreign companies and local government officials, fresh from sharing insights during last week’s World Economic Forum (WEF), expect more investments and increased business exposure in the Philippines, one of the fastest growing economies in Southeast Asia.
[DatePublished] => 2014-05-26 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1538806
[AuthorName] => Neil Jerome C. Morales
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140526/wef-logo-1.jpg
)
[1] => Array
(
[ArticleID] => 1319291
[Title] => Kerry urges steps to ensure democracy in Africa
[Summary] => America's top diplomat said yesterday the US is ready to help increase its ties with Africa, but nations across the continent need to take stronger steps to ensure security and democracy for its people.
[DatePublished] => 2014-05-04 04:13:34
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1447904
[AuthorName] => Lara Jakes
[SectionName] => World
[SectionUrl] => world
[URL] =>
)
[2] => Array
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[ArticleID] => 688411
[Title] => Sokor firm, Isabela government set to sign $100-million project
[Summary] => A $100-million project that would convert corn stalks into paper involving South Korea’s CPNP Holdings the world’s 7th largest paper and pulp manufacturing company and the province of Isabela is expected to generate direct employment for more than 500 people and benefit thousands of corn farmers in Isabela.
[DatePublished] => 2011-05-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 286007
[Title] => BA affiliate willing to fund $3-B coal conversion plant
[Summary] => The United States Bank Corp. (USBC), an affiliate of the Bank of America (BA), has expressed interest in bankrolling the $3-billion coal-to-fuels conversion project in the country.
If the project pushes through, the Philippines will become the refinery hub for the expansion of coal to fuel sources in Southeast Asia.
[DatePublished] => 2005-07-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 230048
[Title] => Napocor mulls $250-M bond float
[Summary] => The National Power Corp. (Napocor) is planning to issue some $250-million worth of bonds in the international market in the first quarter of 2004 to partly pay its maturing obligations and finance its operating expenses for next year.
Napocor senior finance department manager Lorna Dy said the Power Sector Assets and Liabilities Management (PSALM) is in talks with ING Barings to lead manage the float.
Dy said the proposed bond issue would make up part of the proposed financing requirements of the state-owned power firm.
[DatePublished] => 2003-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 226639
[Title] => Napocor seen to lose P113B next year
[Summary] => The National Power Corp. (Napocor) expects its net loss to increase by 51 percent to P113 billion in 2004, from a projected P75-billion loss this year, company officials said yesterday.
Napocor senior department manager for finance Lorna Dy said the loss should have been higher were it not for the expected proceeds from the new rates approved by the regulators under the long-run avoidable cost (LRAC); operational budget cuts; and efficiency in collection.
Napocor president Rogelio Murga said they expect to realize some P9 billion from LRAC rates next year.
[DatePublished] => 2003-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
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[ArticleID] => 225790
[Title] => Napocor needs $2-B for debt service, IPP payments
[Summary] => State-owned National Power Corp. (Napocor) will need at least $1 billion for debt service and another $1 billion as payments for the amortization of the capacity fees to its independent power producers (IPPs) next year.
Power Sector Assets and Liabilities Management Corp. (PSALM) president Edgardo del Fonso said Napocor normally sets aside $1 billion for debt servicing every year. Of this amount, $500 million will be for principal and another $500 million for interest.
[DatePublished] => 2003-10-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 224924
[Title] => US credit agency to finance $1-B worth of big-ticket, high-risk gov’t projects
[Summary] => Overseas Private Investment Corp. (OPIC) of the United States has agreed to finance some $1- billion worth of big-ticket and high-risk projects of government-owned corporations. OPIC’s decision came along with a go-signal for the Philippine Export-Import Bank (PhilEximbank) to pursue its pending project proposals.
Finance Secretary Jose Isidro Camacho said the OPIC decision came as a surprise to Philippine officials who were expecting the proposals to be rejected due to internal policy questions within the OPIC.
[DatePublished] => 2003-10-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 224352
[Title] => Bush visit to boost investor confidence — Roxas
[Summary] => Trade and Industry Secretary Manuel Roxas II said yesterday the eight-hour state visit of US President George W. Bush will boost investor confidence and improve trade relations between the two countries.
Roxas said the Philippines and the US are set to discuss vital economic issues which include the expansion of the coverage of the General System of Preference (GSP) and the $1-billion insurance to be made available through the Overseas Private Investment Corp. (OPIC) to American investors who will set up factories and production facilities in the country.
[DatePublished] => 2003-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 222417
[Title] => $250-M PSALM bond issuance to cover Napocor’s funding needs for next year
[Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) may use the proceeds from the $250-million planned bond issuance which will be partially-backed by the Asian Development Bank (ADB) to cover the financing requirement of the National Power Corp. (Napocor) for 2004.
PSALM president Edgardo del Fonso said up to now they are still waiting for the go signal of the ADB for the proposed bond float.
PSALM is mandated to manage the finances and the privatization of the state-owned Napocor.
[DatePublished] => 2003-09-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 2, 2003 - 12:00am
