Maynilad Water Services Inc., the concessionaire for the West Zone of Metro Manila, is planning to fund its P40 billion capital expenditures next year through a combination of debt instruments, bank loans, and internally generated funds. In an interview, Maynilad President and Chief Executive...
iGlobal Financial Services, Inc. (iGlobal.ph), a financing firm serving entrepreneurs by bridging the gap between traditional banking and alternative funding sources, has been granted a P500 million credit guarantee by the state-run Philippine Guarantee Corp. Seated (L-R): Celso R....
West Zone concessionaire Maynilad Water Services, Inc. announced plans to expand its hybrid sewer system (HSS) to further enhance the collection of household wastewater. With an allocation of P3.5 billion for wastewater projects utilizing the HSS concept, Maynilad said it aims to improve services...
Senator Raffy Tulfo urged the Toll Regulatory Board (TRB) to address the longstanding problem of faulty RFID systems, which had been causing traffic jams in several expressways. Tulfo, who chairs the Senate Committee on Public Services, expressed concern following complaints that the scanners...
Maynilad Water Services, Inc. is expanding the services offered by Portugal-based Administração e Gestão de Sistemas de Salubridade (AGS) that detects pipe leaks more swiftly and effectively. In a statement, the West Zone concessionaire said that Maynilad is extending the monitoring coverage of...
Companies, particularly banks, are urged to tap the capital market by issuing bonds as these are a stable source of funds that can be issued quickly to a large investor base and at a lower cost. The advantages of issuing bonds to raise fresh funds was raised during the seminar entitled...
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...
