^
+ Follow PHILIPPINES AND NAURU Tag
PHILIPPINES AND NAURU
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 199272
                    [Title] => Alvarez consolidates ownership of Philphos
                    [Summary] => The group of Jose Ch. Alvarez is consolidating its ownership of the Philippine Phosphate Fertilizer Corp. (Philphos).


The Alvarez-led Delphi Holdings Inc. acquired 40 percent of Philphos by buying out the Philippine government in 2000. Delphi paid the Philippine government P3.025 billion for its stake.

Philphos was established 30 years ago as a joint venture between the Philippine government and the Republic of Nauru.
[DatePublished] => 2003-03-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 96438 [Title] => RP faces sanctions for not doing enough against money laundering [Summary] => The Philippines faces sanctions from the world’s industrialized economies by the second half of this year due to its "lack of progress" in combating money laundering.

This was among the main points of the testimony of a ranking US Department of Treasury official before a hearing of a government affairs sub-committee of the US Senate, according to a document provided by the US Embassy in Manila.
[DatePublished] => 2001-03-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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