DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this March in select parts of Caloocan, Las Piñas, Parañaque, Quezon City, and Cavite Province at no extra cost. Maynilad’s...
Mayor Abby Binay Over 95,000 individuals, including those from EMBO barangays transferred to Taguig City’s jurisdiction and non-Makati residents, have benefited from Makati City's expanded healthcare services through its health centers, Ospital ng Makati (OsMak), and the mobile multi-service...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
Maynilad President and CEO Ramoncito Fernandez Maynilad Water Services Inc. has firmed up plans for its initial public offering, targeting to raise up to ₱49.15 billion around the third quarter of this year, as further delays could limit its options. In a disclosure, the firm said its board of...
West zone concessionaire Maynilad Water Services, Inc. invested nearly ₱26 billion in capital expenditure (capex) last year to improve water and wastewater services in its service area. In a statement on Tuesday, March 11, Maynilad reported spending ₱25.75 billion on capex projects...
Filipinos receiving and sending money from overseas lost an estimated total of ₱8.37 billion in 2023 to "hidden" fees charged by banks and money remittance centers on foreign currencies, according to findings from transparency research commissioned by global fintech firm Wise. Kristo Käärmann,...
ICTSI's global operations continue to drive record-breaking growth, with net income surging 66 percent in 2024 Global port operator International Container Terminal Services Inc. (ICTSI) tallied an impressive growth momentum in 2024, growing its net income by 66 percent despite geopolitical...
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...
The Department of Trade and Industry (DTI) will lead the Philippines’ business mission in the United States (US) to help solidify the country’s position as a quality provider of healthcare information management services, expanding the sector’s reach into new markets. In a statement, the DTI...
2GO Special Containers and Value-Added Services Inc. (SCVASI), a subsidiary of transportation and logistics firm 2GO Group Inc., has launched a standalone custom brokerage service aimed at enhancing logistics efficiency and reliability. In a statement on Monday, Feb. 24, 2GO SCVASI described 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...
