The Securities and Exchange Commission (SEC) has approved the planned ₱5-billion sustainability-linked bond offering of Cebu Landmasters Inc., representing the third and last tranche of securities registered under its shelf registration of ₱15-billion debt securities program. In a disclosure to...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
Malacañang has attributed the increasing hunger rate to the series of natural disasters that have hit the country in recent months. "Huwag po natin kalimutan na sunud-sunod ang kalamidad na naranasan ng mga kababayan po natin – nakaapekto po ito sa patuloy po na pagtatrabaho ng ating pamahalaan...
Energy Development Corp. (EDC), the Lopez Group 's renewable energy arm, has maintained its top-tier financial standing, receiving the highest PRS Aaa credit rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its ₱12.5 billion in outstanding Fixed-Rate ASEAN...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...
Pulse Asia’s “Ulat ng Bayan” survey conducted from Sept. 27 to 30 showed a decline in President Ferdinand Marcos Jr.’s trust and approval ratings, while Vice President Sara Duterte maintained majority trust despite a slight decrease in her performance score. The survey, based on...
President Marcos continues to be unfazed over the decline in public trust for him in September, Malacañang said. A Social Weather Stations (SWS) survey released on Wednesday, Oct. 15, showed that Marcos posted a trust rating of 43 percent, down from 48 percent in June. The survey conducted from...
The Securities and Exchange Commission (SEC) has approved the planned offering by real estate giant Ayala Land Inc. (ALI) of Association of Southeast Asian Nations (ASEAN) sustainability-linked bonds to raise up to ₱15 billion for the payment of debt and funding of capital expenditures (capex)....
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc. (GT Capital), has cut short the offer period for its ₱2-billion maiden bond issuance due to strong demand. Originally set to run from Oct. 6 to 13, 2025, the offer period...
Metro Pacific Tollways Corp. (MPTC), a unit of Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC), is planning to use proceeds from its ₱20-billion bond offering to fund three tollway projects and refinance existing obligations. "This bond issuance aims to bolster...
President Marcos said that while it was “nice to know” of the recent rise in his trust ratings, the government’s focus should remain on delivering services regardless of surveys. Marcos said this after the latest Social Weather Stations (SWS) survey conducted from June 25 to 29 showed that he...
President Ferdinand Marcos Jr.’s net satisfaction rose significantly to +10 in June, a 20-point rise from -10 in April, based on the latest Social Weather Stations (SWS) survey released on Tuesday, Sept. 30. The survey, conducted from June 25 to 29, found that 46 percent of adult Filipinos were...