The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) penalized Maynilad Water Services Inc. ₱54.28 million following a series of prolonged service interruptions that left more than 165,000 customers in the southern West Concession Area without reliable access to water. In a...
As geopolitical tensions in the Middle East heighten risks to thousands of overseas Filipino workers (OFWs) in the region, a new study suggests that OFWs view credible government leadership as a key factor to gaining migrant trust and implementing truly effective support services for OFWs. The...
Po-led upscale developer Arthaland Corp. has maintained its issue credit rating of PRS Aa, with a stable outlook, from Philippine Rating Services Corp. (PhilRatings) for its outstanding green bonds amounting to ₱3 billion, due to its growth trajectory. Obligations rated PRS Aa are of high quality...
A massive pipe leak in Tondo on Sunday has prompted Metro Manila 's two water concessionaires to initiate a series of supply restoration activities in affected areas. In a statement on Monday, April 13, West-zone concessionaire Maynilad Water Services, Inc. reported that its technical teams...
Oral health is something that should neither be ignored nor neglected by Filipinos. This was the gist of House Bill (HB) No. 4691, or the proposed "Oral Healthcare Act” that was filed by Leyte-based congressmen led by Leyte 1st district Rep. Martin Romualdez in the current 20th Congress. “Hindi...
The Securities and Exchange Commission (SEC) has ordered Melot’s Catering Services to stop its illegal solicitation of investments from the public until it secures the commission’s approval. In a March 14 order, the SEC’s enforcement and investor protection department (EIPD) directed...
Philippine Rating Services Corp. (PhilRatings) is maintaining its top-tier credit rating for Vista Land & Lifescapes Inc., moving to distance the homebuilder from a criminal complaint filed by regulators against a separate entity within billionaire Manuel Villar Jr.’s business empire. The local...
The China-led Asian Infrastructure Investment Bank (AIIB) has greenlit a $300-million loan supporting capital expenditures (capex) for the improvement and expansion of three local ports operated by tycoon Enrique K. Razon Jr. ’s International Container Terminal Services Inc. (ICTSI). The latest...
Malacañang on Thursday, March 26, clarified that essential government services such as ambulance, police, fire, and health operations will not be affected by the government’s energy conservation measures amid rising global fuel prices. Executive Secretary Ralph Recto said agencies delivering...
The government is ramping up its digital transformation efforts, with the Department of Information and Communications Technology (DICT) targeting 60 million users of the eGovPH Super App by 2028, following its milestone of 40 million downloads. The push coincides with the expansion of physical and...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) has sold its controlling stake in Yantai International Container Terminal Ltd. (YICTL) to its state-owned partner Yantai Port Holdings Co. Ltd. for about ₱6.7 billion due to lack of full control. YICTL, a joint venture...
Affordable housing developer Haus Talk Inc. (HTI) has raised ₱1.8 billion from its fixed-rate bond issuance, upsized from its base offer of ₱1 billion, although its oversubscription option of another ₱1 billion was not fully taken up. Following this, the firm listed the bonds at Philippine...
