Mayor Abby Binay (Photo by Mark Balmores) Makati City Mayor and senatorial aspirant Abby Binay on Thursday, Feb. 13, called on the Philippine Health Insurance Corp. (PhilHealth) to shoulder the cost of medical tests and other preventive healthcare measures, including regular checkups of Filipinos,...
Tanco-led STI Education Services Group, Inc. (STI ESG) is investing ₱950 million for the construction of a new state-of-the-art campus in Alabang designed to meet the evolving needs of students in the 21st century. In a disclosure to the Philippine Stock Exchange, the firm said it has broken...
The National Grid Corporation of the Philippines (NGCP) announced that transmission rates in consumers’ electricity bills increased due to high ancillary service (AS) charges in February. In a briefing on Wednesday, Feb. 12, Julius Datingaling, head of the revenue management department, said...
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...
After its ₱5 billion bond offering period, San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) was assigned an Issuer Credit Rating of PRS Aa plus (corp.), with a stable outlook, by Philippine Rating Services Corporation (PhilRatings). An Issuer Credit Rating is an opinion on the...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) bagged two Silver Awards at the prestigious 2025 Anvil Awards held on Jan. 28, 2025, at the Manila Hotel. The company was recognized for its communications initiatives that highlight efforts to reduce non-revenue water (NRW). The...
Global Dominion Financing Inc. (GDFI), a member of the Asialink Group, has been assigned an Issuer Credit Rating of PRS A plus (corp.), with a stable outlook, by the Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said a company rated PRS A has an above average...
Visayas Container Terminal (VCT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Iloilo, reported that it has welcomed the first gearless vessel to call in the Western Visayas Region. Operated by Regional Container Lines (RCL), the MV Otana Bhum made its...
Cebu Landmasters Inc. is raising P10 billion from the capital market this year through the issuance of sustainability-linked bonds in two tranches to fund its entry to the Luzon market as well as capital expenditures for its ongoing projects in Visayas and Mindanao. In a media interview, CLI...
Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has invested over $25 million (P1.5 billion) for two new mobile harbor cranes (MHC) and a container freight station (CFS). In a statement, ICTSI said these investments...
West Zone concessionaire Maynilad Water Services Inc., a partnership between Metro Pacific Investments Corporation, DMCI Holdings and Marubeni Corporation, expects its business to further improve this year. In an interview, Maynilad President Ramoncito Fernandez said “this should be a better...
Senator Grace Poe said the absence of a law should not result in the loss of jobs of over 60,000 motorcycle riders in the country, since the Land Transportation Franchising and Regulatory Board (LTFRB) has the authority to allow their continued operation. Poe stressed this in a statement on...
