West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this December in select parts of Caloocan, Las Piñas, Malabon, Manila, Muntinlupa, Parañaque, Pasay, Quezon City, Valenzuela, and Cavite...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI), the world’s largest independent terminal operator, has signed a 25-year partnership agreement with Transnet SOC Ltd. for the strategic Durban Container Terminal (DCT) Pier 2 in South Africa. “The landmark agreement...
The Brazilian business unit of Razon-led International Container Terminal Services Inc. (ICTSI), CLIA Pouso Alegre, has completed the expansion of its logistics and industrial center. ICTSI said the expansion strengthens the connection between Port of Rio de Janeiro and Southern Minas Gerais, a...
International Container Terminal Services Inc. (ICTSI) subsidiary Batu Ampar Container Terminal (BACT) and Interport Mandiri Utama (Interport), in cooperation with Batam Terminal Petikemas (BTP), will officially assume the single port operator role for the North Pier of Batu Ampar Port in...
GCash reported robust uptake for recent stock offerings made available to small investors via its GStocks PH platform, citing oversubscriptions for both the Maynilad Water Services Inc. initial public offering (IPO) and the preferred share sale of Megawide Corp. “Filipinos are increasingly...
Amid being named as one of the top 10 most complained national government agencies by the Anti-Red Tape Authority (ARTA), the Department of Foreign Affairs (DFA) assured that it is committed to address public concerns and deliver vital services to Filipinos. “Everyday, the hard working men and...
The Securities and Exchange Commission (SEC) has approved the planned ₱5-billion sustainability-linked bond offering of Cebu Landmasters Inc., representing the third and last tranche of securities registered under its shelf registration of ₱15-billion debt securities program. In a disclosure to...
Maynilad Water Services Inc. activated its newest wastewater facility in Southern Metro Manila, the Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, as the concessionaire expands its services. The Tunasan WRF is the company’s 25th wastewater treatment project, capable of treating up...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) sustained its strong growth momentum in the first nine months of 2025, with consolidated core net income rising 14 percent to ₱23.6 billion from ₱20.8 billion for the same period last year. The firm said improved financial and operational...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Newly listed West Zone water concessionaire Maynilad Water Services Inc. said that its net income grew by double-digits in the third quarter on the back of higher revenues and improved cash operating expenses (OPEX). In a statement on Thursday, Nov. 13, the company said its core net income for the...
