Sy-led SM Investments Corp. (SMIC) maintained its top-tier credit rating for its ₱7.5 billion outstanding fixed-rate bonds as robust earnings and aggressive expansion in its retail, banking, and property units shore up its financial stability. Philippine Rating Services Corp. (PhilRatings) kept...
The Quezon City government has received its sixth consecutive Unmodified Opinion from the Commission on Audit (COA), reflecting its continued compliance with financial reporting standards and responsible management of public funds. The latest audit result affirmed the city’s continued efforts to...
Global debt watcher Moody’s Ratings has downgraded its outlook on the Philippine banking system to negative from stable, warning that lackluster economic growth could raise credit costs while elevated inflation and emerging risks weaken asset quality. “We have revised our outlook for the...
National Reinsurance Corp. of the Philippines (NRCP), the country’s sole professional reinsurer, was assigned a strong financial strength rating of PRS A Plus, with a stable outlook, by Philippine Rating Services Corp. (PhilRatings). PhilRatings said an insurer rated PRS A has strong financial...
The Marcos administration posted its lowest net satisfaction rating since taking office in 2022, according to a Social Weather Stations (SWS) survey that found the score to be the weakest recorded by any Philippine administration since 2010. Results of the March 24-31 survey showed the...
The Civil Service Commission (CSC) has approved a preference rating system that allows qualified overseas Filipino workers (OFWs) who fall short of the 80-percent passing mark in the Career Service Examination (CSE) to receive additional points. Under CSC Resolution No. 2600596, the commission...
Philippine bond yields posted one of the largest increases in emerging East Asia in recent months as the war in the Middle East fueled inflation, prompted tighter monetary policy, and heightened investor concerns over the country’s economic vulnerabilities, according to the Asian Development Bank...
A Social Weather Stations (SWS) survey conducted in March found lower net satisfaction ratings for the Senate and Supreme Court compared with November 2025, while the House of Representatives ' rating was largely unchanged. The survey was conducted from March 24 to 31 through face-to-face...
Zobel-led Ayala Corp. maintained its A- foreign currency long-term issuer rating with a stable outlook from Japan Credit Rating Agency Ltd. (JCR), reflecting the strength of the conglomerate’s diversified portfolio, resilient earnings base, and prudent financial management. In its latest rating...
Sy-led SM Prime Holdings Inc. (SM Prime), a leading integrated property developer in Asia, has decided to defer its planned bond offering worth up to ₱18 billion until further notice due to adverse market conditions. The firm informed the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, has successfully raised ₱9 billion through its latest retail bond issuance, which was three times oversubscribed. The firm said in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
Maynilad Water Services, Inc. has retained its top rating of PRS Aaa, with a Stable Outlook, from the Philippine Rating Services Corp. (PhilRatings) for its outstanding blue bonds amounting to ₱15 billion. Obligations rated PRS Aaa are considered of the highest quality with minimal credit risk,...
