Filinvest Development Corporation (FDC) has been assigned the highest Issuer Credit Rating of PRS Aaa (corp..), with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings) in relation to its planned ₱8.0 billion preferred share offering. The ratings agency stated that an Issuer...
Philippine Rating Services Corp. (PhilRatings) stated that it is closely monitoring developments within the Del Monte Group to determine if the recent filing for Chapter 11 Bankruptcy of the US unit will impact the ability of Del Monte Philippines, Inc. (DMPI) to pay its outstanding bonds. On July...
The Department of Social Welfare and Development (DSWD) on Friday, July 18, welcomed the good rating the national government received in the latest Pulse Asia survey for its disaster response efforts, saying it serves as a reminder to sustain and improve support for communities affected by...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained the top Issue Credit Rating of PRS Aaa with a Stable Outlook for its ₱2 billion outstanding Fixed Rate Bonds assigned by Philippine Rating Services Corporation (PhilRatings). Obligations...
Public trust in the top four Philippine officials improved in June 2025, based on the latest results of a Stratbase-commissioned survey that was officially released by Social Weather Stations (SWS) on Tuesday, July 15. President Marcos’ net trust rating improved to +18, with 48 percent of...
Debt watcher Moody’s Ratings said that the Bangko Sentral ng Pilipinas’ (BSP) continued easing of key borrowing costs would cushion the local economy amid a challenging external environment, driven especially by the persisting crossfire between Israel and Iran. “Continued monetary easing will...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR...
National Reinsurance Corporation of the Philippines (NRCP), the country’s sole professional reinsurer, has been assigned a financial strength rating of PRS A plus, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). PhilRatings said an insurer rated PRS A has strong...
Aboitiz Power Corporation (AboitizPower) plans to raise up to ₱30 billion from a planned bond issuance, representing the initial tranche of its new three-year Shelf Registration program of up to ₱100.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
President Marcos said a latest survey showing that he remains the most trusted and approved government official in the country "validates" his administration's efforts within his term. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Marcos said it is validation that the...
President Ferdinand 'Bongbong' Marcos Jr. delivers a speech during the presentation of of the signed Memorandum of Agreement on the Philippine Civil Service Digital Leadership Program in Malacañan Palace on April 24, 2025. (Photo courtesy of PPA/ Noel Pabalate) President Ferdinand Marcos Jr....
