Makati City Mayor Nancy Binay expressed her gratitude to First Lady Louise Araneta-Marcos for spearheading the “Lab For All: Laboratoryo, Konsulta, at Gamot Para sa Lahat” program, following a series of medical missions conducted in the city. The initiative is a nationwide community-based...
National Reinsurance Corp. of the Philippines (NRCP), the country’s sole professional reinsurer, was assigned a strong financial strength rating of PRS A Plus, with a stable outlook, by Philippine Rating Services Corp. (PhilRatings). PhilRatings said an insurer rated PRS A has strong financial...
Approximately 5.3 million Filipinos are expected to benefit from improved government services after about 500 government agencies and facilities across Mindanao were connected under the first phase of the Mindanao Integrated Government Network (MIGN), the Department of Information and...
El Niño is now in the Philippines, and we should begin preparing for its impact. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), there is an 80 percent probability that current conditions will develop into a full-blown El Niño event that may...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
Companies controlled by billionaire Enrique K. Razon Jr. have deployed emergency relief operations in Mindanao following the devastating magnitude 7.8 earthquake. Manila Water Co., International Container Terminal Services Inc. (ICTSI), and power distributor Primelectric Holdings Inc. spearheaded...
Maynilad Water Services Inc. will lower water tariffs for the third quarter starting July 1 on the back of stronger peso that has reduced the cost of servicing the utility’s foreign debt. The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS-RO) approved a rate rollback of...
Sy-led SM Prime Holdings Inc. (SM Prime), a leading integrated property developer in Asia, has decided to defer its planned bond offering worth up to ₱18 billion until further notice due to adverse market conditions. The firm informed the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, has successfully raised ₱9 billion through its latest retail bond issuance, which was three times oversubscribed. The firm said in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
West Zone concessionaire Maynilad Water Services Inc. expects to commission its new pumping station and reservoir in Valenzuela City by the third quarter of 2026, part of an ongoing effort to improve water storage and pressure across northern Metro Manila. In a statement, Maynilad said the company...
Maynilad Water Services, Inc. has retained its top rating of PRS Aaa, with a Stable Outlook, from the Philippine Rating Services Corp. (PhilRatings) for its outstanding blue bonds amounting to ₱15 billion. Obligations rated PRS Aaa are considered of the highest quality with minimal credit risk,...
Around 3,000 Muslim faithful gathered at the Quezon Memorial Circle in Quezon City on Wednesday morning, May 27, to observe Eid’l Adha through congregational prayers and thanksgiving rites at Liwasang Aurora. Worshippers began arriving as early as 4:30 a.m., with the Eid prayer and khutbah...
