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....
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...