Vice President Sara Duterte lauded the “power of collaboration” that enabled the Office of the Vice President (OVP) to expand its services and provide meaningful aid to millions of Filipinos through its partnership with the private sector. Vice President Sara Duterte delivers her message during...
Maynilad Water Services, Inc., the water provider of most cities in Metro Manila, has been granted by the Securities and Exchange Commission (SEC) a permit to sell its P15 billion blue bond offering. This comes after the Philippine Rating Services Corporation granted Maynilad’s blue bonds a PRS...
The Po family’s Arthaland Corporation (ALCO) has maintained the Issue Credit Rating of PRS Aa, with a stable outlook for its outstanding Green Bonds amounting to P6 billion. In a statement, Philippine Rating Services Corporation (PhilRatings) obligations rated PRS Aa are of high quality and are...
Amid the ongoing discussions on the Public Utility Vehicle Modernization Program (PUVMP), the head of Francisco Motors Corporation, one of the biggest and longest manufacturers of jeepneys bared on Friday, June 21, that they were not consulted in the creation of the national standard for the modern...
Senator Raffy Tulfo inspected the controversial 48 unused Dalian trains worth P3.7 billion purchased by the past administration, as he is eyeing to conduct a hearing after the Senate Session break to investigate those behind it. Senator Raffy Tulfo inspects the controversial 48 unused Dalian trains...
Ang-led San Miguel Corporation kicked off on Tuesday, June 18, 2024, the offering of up to P20 billion in fixed-rate retail bonds after receiving the approval of the Securities and Exchange Commission last June 14. In a disclosure to the Philippine Stock Exchange, the diversified conglomerate said...
West Zone concessionaire Maynilad Water Services, Inc. has increased its use of renewable energy in its operations by 15 percent following its partnership with MPower, the local retail electricity supplier of Manila Electric Co. (Meralco). Under this partnership, Maynilad said in a statement on...
DoubleDragon Corp.’s planned and outstanding bond issuances worth P25 billion have been assigned the highest issue credit rating of PRS Aaa by Philippine Rating Services Corp. (PhilRatings). The ratings agency said this is for DoubleDragon’s proposed bond issue of up to P10 billion and its...
Recent rainfall in Luzon failed to raise water levels at Metro Manila's two primary water sources, west zone concessionaire Maynilad Water Services, Inc. said. According to the latest monitoring report from Maynilad as of Monday, June 10, both the Angat and Ipo dams experienced a decrease in water...
West Zone concessionaire Maynilad Water Services, Inc. has completed the installation of an initial 11.6 kilometers of new sewer lines in Valenzuela City. In a statement, Maynilad said the newly installed sewer lines, located along McArthur Highway in Valenzuela, will expedite the delivery of...
International Container Terminal Services Inc.’s (ICTSI) Nigerian operation Onne Multipurpose Terminal (OMT) has handled KOTA CEMPAKA – the largest container vessel to conduct full operations in Eastern Nigeria. In a statement, ICTSI said the 300-meter, 6,660-TEU capacity ship operated by...
Sen. Grace Poe hailed the recent addition of newly accredited players for motorcycle taxis through the Land Transportation Franchising and Regulatory Board (LTFRB). Motorcycle taxis wait for new passengers along EDSA in Mandaluyong City on Friday, May 3. The Land Transportation Franchising and...
