The country’s slow internet speed needs “government intervention” to eliminate the congressional franchise requirement and build common towers in hardship areas, presidential aspirant Vice President Leni Robredo said on Monday, Jan. 31. Vice President Leni Robredo (OVP photo) If she wins the...
media Artificial intelligence (AI) could be a game changer in financial services because it can be used to develop customer-centric solutions in financial services, said Union Bank of the Philippines (UnionBank) Head of AI Center of Excellence Dr. Adrienne Heinrich. "Besides looking at AI solutions...
San Miguel Food and Beverage Inc. (SMFB) has retained its highest Issue Credit Rating of PRS Aaa, with a stable outlook from Philippine Rating Services Corporation (PhilRatings) for its P5-billion outstanding fixed-rate bonds. Obligations rated PRS Aaa are of the highest quality with minimal credit...
The Metropolitan Waterworks and Sewerage System’s (MWSS) Regulatory Office is looking into the prolonged implementation of Water Service Interruptions (WSIs) by Maynilad Water Services, Inc. at its Putatan Water Treatment Plant’s (PWTP) supply zone. In a statement, MWSS RO Chief Regulator...
Senator Sherwin Gatchalian on Sunday assured that problems about rude customers would also be addressed under the bill that seeks to protect delivery riders. Gatchalian is referring to Senate Bill No. 2302 or the proposed “Food, Grocery and Pharmacy Delivery Services Protection Act” which seeks...
Asia Link Finance Corporation (Asialink) has obtained an Issuer Credit Rating of PRS A plus (corp.), with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) while it explores funding options. Asialink offers unsecured and secured credit facilities that cater to the...
After a long-standing controversy with its owners, President Duterte has signed the laws granting new franchises for water concessionaires Maynilad and Manila Water, allowing the two firms to continue their operations for another 25 years in Metro Manila and nearby provinces. File photos Based on...
SMC Global Power Holdings Corp. has retained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation for its outstanding bond issuances amounting to P73.85 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk....
The logistics industry has performed an essential and tireless role in keeping Philippine society alive and moving during the pandemic. One of the industry’s key players which took a massive role in serving the nation by improving and expanding its processes, facilities, and roster of services is...
converge Domestic credit rating agency Philippine Ratings Services Corp. (PhilRatings) gave the highest credit rating of "Aaa with stable outlook” to the P5 billion maiden bond offer of Converge ICT Solutions Inc., with an oversubscription option of up to P5 billion. PRS gave the rating due to...
Philippine Red Cross (PRC) Chairman and Chief Executive Officer (CEO) Senator Richard Gordon appealed on Friday, Dec. 17, to the public to donate for the affected communities in Visayas and Mindanao due to Typhoon "Odette". Photo from the Philippine Red Cross PRC said that the typhoon caused...
SM Investments Corporation (SMIC), the holding company of the SM Group of Companies, is planning to raise up to P15 billion from a planned bond issuance. The conglomerate plans to issue P10 billion in bonds with an oversubscription option of up to P5 billion. The bonds have been assigned the...
