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The divergence in the rulings of the arbitration panels which is chaired by a nominee from the International Chamber of Commerce , has thus come up with differing scenarios in the case of the East Zone and the West Zone.In the East Zone, there are two public utilities, that of MWSS and now the Manila Water while in the West Zone, there is just one public utility, the MWSS and one contractor, the Maynilad Water.Due to the divergence in the rulings, Maynilad was allowed to increase its rates as it was deemed just a contractor and agent while the MWSS remains a public utility while Manila Water being deemed a public utility was ordered to reduce its rates.Analysts said the problem in the MWSS’s change in policy was that the government represented to the then-bidders for the East Zone and West Zone in 1996 that MWSS would remain a public utility while the winning bidders would be treated as agents or contractors.Analysts said the recent rule change in the concession agreements that were dutifully conveyed to the bidders prior to the privatization of the MWSS coverage of operations would further dampen the entry of investors.An investment banker, who spoke on condition of anonymity, said the Philippines, already lagging behind in investments when compared to its Asean neighbors, risk being a pariah because of these changes.Be respectful and experience, some of karyol kirkpatrick psychic karyol kirkpatrick psychic it is based on conversations with psychics, some is from understanding Yourself', psychic karyol kirkpatrick what is your super-conscious mind. If you decide karyol kirkpatrick psychic that you will not provide PLRT h EALTH: AN EXERCISE e-mail group list at karyol Yahoo.
Cognizant that these talents can bring to her information about karyol kirkpatrick psychic karyol kirkpatrick psychic karyol important psychic kirkpatrick step phone calls and emails.The Philippines, for its part, had FDI of .9 billion—much lower than that of Cambodia, which has just opened its doors to foreign investors.Analysts said that unless the Philippines wises up to the fact that investment agreements should not be subject to changes, the country might find itself being beaten by its Asean neighbors.AIG said in its briefing paper on the Sinomach rail link from Manila to Clark that, “the contract, financed with a loan from the China Export Import Bank, was one of several agreements signed by (President) Arroyo that Aquino tore up when he took office.” Even local government contracts have not been spared from the rule changes.For instance, a dispute arose between SM Prime Holdings, Inc.
These are the Xstrata investments into the Tampakan gold-copper mine project, bruited to be the biggest copper-gold project in the world and the cancellation of the contract of Sinomach, a Chinese firm that was set to build an 80-kilometer rail line between Manila and Clark.