Petron Corporation has filed its registration statement with the Securities and Exchange Commission in line with its plan to raise ₱32 billion from the issuance of bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned Petron’s proposed bond issuance of ₱25 billion,...
President Marcos is not alarmed by the recent drop in his approval and trust ratings and will continue to perform his duties regardless of survey results. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Communications Undersecretary Claire Castro said this after a March...
The Lugtu family’s Asialink Finance Corp. has been given an issuer credit rating of PRS A plus (corp.) with a stable outlook by Philippine Rating Services Corp. (PhilRatings). PhilRatings noted that Asialink, reportedly one of the fastest-growing financing companies in the Philippines with 192...
Pulse Asia President Ferdinand Marcos Jr. saw a sharp decline in his approval and trust ratings, while Vice President Sara Duterte recorded the only gains among the country’s top officials, based on Pulse Asia’s “Ulat ng Bayan” survey conducted from March 23 to 29. The survey revealed that...
The Manila Bulletin has been ranked as one of the most trusted news sources in the Philippines, based on Publicus Asia’s “Pahayag 2025 First Quarter Survey.” The 125-year-old publication earned a trust rating of 35 percent, placing it alongside other major Philippine media outlets. In the...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
Zobel-led Ayala Corporation’s access to yen-denominated loans to fund growth initiatives at competitive rates has been enhanced after being assigned an inaugural foreign currency long-term issuer rating of “A-” by Japan Credit Rating Agency Ltd. (JCR). According to the report released by JCR,...
Robinsons Land Corporation (RLC) retained the highest PRS Aaa rating, with a Stable Outlook, from Philippine Ratings Services Corporation (PhilRatings) for its outstanding bonds amounting to ₱30.4 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The...
Armed Forces of the Philippines (AFP) personnel carry out breaching operations exercise as part of the AFP Joint Exercise (AJEX) DAGIT-PA 2024 in Aborlan, Palawan on Nov. 9, 2024. (Photo: AFP) The Armed Forces of the Philippines (AFP) reiterated its commitment to protect the country and serve the...
The Securities and Exchange Commission (SEC) has approved the planned offering by Filinvest Land Inc. of peso denominated fixed rate bonds worth up to ₱12 billion. The offering, a ₱9 billion base and a ₱3 billion over-subscription option of up to ₱3 billion, consists of five-year bonds due...
D.M. Wenceslao & Associates, Inc. (PSE: DMW) proudly announces that several of its key developments have achieved the prestigious WELL Health-Safety Rating from the International WELL Building Institute (IWBI). The WELL Health-Safety Rating is an evidence-based, third-party verified standard...
Saavedra-led Citicore Energy REIT Corporation (CREIT), the country’s first renewable energy (RE) real estate investment trust, has been assigned a strong Issuer Credit Rating of PRS Aa plus (corp.), with a Stable Outlook by Philippine Rating Services Corporation. An Issuer Credit Rating is an...