Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
Engineering and infrastructure firm Megawide Construction Corporation’s planned P5-billion bond offering has been assigned an Issue Credit Rating of PRS Aa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). Megawide plans to offer bonds worth P4 billion, with an...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, for its outstanding Fixed Rate Bonds amounting to P5.0 billion. Philippine Rating Services Corporation (PhilRatings)...
On April 19, 2024, Hotel 101 Global Pte. Ltd (Hotel 101 Global), in partnership with esteemed engineering firms Kamita Sekkei and Technocrew, alongside the contractor of Hotel 101 - Niseko project - Iwata Chizaki Inc., signed its commitment to the creation of the environmentally forward Hotel 101 -...
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
Diversified conglomerate San Miguel Corporation’s (SMC) planned P20-billion bond issuance has been assigned the highest PRS Aaa, with a Stable Outlook, Issue Credit Rating by the Philippine Rating Services Corporation (PhilRatings). PhilRatings said in a statement that it also maintained its...
The Alcantara family’s holding company Alsons Consolidated Resources, Inc. (ACR) has received a high Issuer Credit Rating rating of PRS Aa minus (corp.), with a Stable Outlook, for its P3.0 billion Commercial Paper (CPs) Program. In a statement, Philippine Rating Services Corporation...
The Department of Education (DepEd) continues to be the country’s most trusted government agency, based on the results of an OCTA Research survey conducted in the first quarter of 2024. The survey results released on Wednesday, April 17 revealed that Deped is trusted by 82 percent of Filipinos....
Petron Corporation, the Philippines’ largest oil company, has retained the highest Issue Credit Rating of PRS Aaa with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings) for its outstanding bonds worth P38.0 billion. Obligations rated PRS Aaa are of the highest...
Senate President Juan Miguel “Migz” Zubiri’s positive trust ratings can be attributed to his “steady, sober leadership of the Senate,” Senate Majority Leader Joel Villanueva said on Wednesday, April 3. Villanueva issued the statement following the Pulse Asia’s recent survey...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate / Manila Bulletin) President Marcos' performance and trust ratings saw double-digit declines in the Pulse Asia’s “Ulat ng Bayan” survey conducted from March 6 to 10. Pulse Asia's survey results, released on Tuesday, April 2, revealed...
President Ferdinand 'Bongbong' Marcos Jr. and Vice President Sara Duterte during the presentation of this year's Basic Education Report on Jan. 25, 2024. (Inday Sara Duterte / Facebook) All top government officials’ performance and trust ratings fell significantly in the first quarter of...