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PHILIPPINE NEWSPAPER HIGHLIGHTS - MARCH 31, 2004.
Publication: AsiaPulse News Publication Date: 31-MAR-04 |
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COPYRIGHT 2004 Asia Pulse Pty Ltd
MANILA, March 31 Asia Pulse - Highlights of today's newspapers:
THE MANILA TIMES:
- Negros Navigation Co's mother firm Metro Pacific Corp. (MPC) has decided to intervene in its shipping subsidiarys battle against a gigantic debt with a goal to reach the companys recovery in five to 10 years time.
- The government may have to forego some US$200 million should the Asian Development Bank fail to grant concessional terms to a planned peso-dollar swap facility, according to Finance Secretary Juanita D. Amatong.
- The Philippine Stock Exchange (PSE) has suspended indefinitely the trading of the securities of Negros Navigation...
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