Megawide Construction Corporation’s proposed bond issue of up to P4 billion has been assigned an issue credit rating of PRS Aa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said Megawide plans to issue bonds worth P3.0 billion, with an...
One notable law signed by President Rodrigo R. Duterte early this month is Republic Act No. 11765, otherwise known as the Financial Products and Services Consumer Protection Act (FCPA), which gave three financial regulators the power to speed up addressing consumers’ complaints against financial...
Parts of eight cities in the Metro Manila and in Bulacan will experience water service interruption which will be implemented by the Maynilad Water Services, Inc. starting Monday evening, May 16, until June 1. The Maynilad Water Services, Inc. said that the service interruption in portions of...
The Maynilad Water Services announced that a total of 64 barangays in Pasay City will experience water interruption for 17 days from May 16 to June 1. The affected barangays will be experiencing low to no water supply from 10:00 p.m. to 4:00 a.m. daily during the said dates. The 64 barangays that...
Real estate giant Ayala Land Inc. is planning to raise up to P33 billion from a planned bond issuance of P22 billion with an oversubscription option of up to P11.0 billion. The proceeds of the proposed bond offering will be used by the firm for refinancing and to fund general corporate...
BEXCS Logistic Solutions Inc. is riding the robust logistics growth in the country with the launch of its franchising program to fuel the company’s expansion binge. The end-to-end logistics service provider is seeking to establish 360 branches around the country this year through its...
Filinvest Land Inc. is planning to raise up to P11.9 billion from its proposed P8.0 billion bond issuance, with an oversubscription option of up to P3.9 billion. In a statement, Philippine Rating Services Corporation (PhilRatings) said it has assigned its highest Issue Credit Rating of PRS Aaa to...
Shared services provider, Asticom Technology Inc., a wholly-owned subsidiary of Globe Telecom, reached the P2-billion revenue mark in six years of operations and manages 5,000 workers to date. 79358 Launched in March 2015 as a staffing and managed services solutions company, Asticom now operates as...
Senator Grace Poe on Thursday, April 21 asked water concessionaires and concerned government agencies to intensify their collaborative efforts to mitigate the impact of the dry season on water supply across the country. "We need all hands on deck to ably manage the water requirements of our...
J&T Express continues to expand its fleet of trucks and other transportation modes Business owners are in for a treat with the fastest shipping offer by J&T Express. The new Business Parcel (BP) service can now deliver items on selected locations nationwide in as fast as two days, while...
The country will experience generally fair weather on Maundy Thursday, April 14 although some areas will have cloudy skies with scattered rain showers due to the trough of Typhoon "Malakas", the state weather bureau said. (Satellite image from PAGASA / MANILA BULLETIN) According to Philippine...
Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, retained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong capacity to...
