Petron Corporation, a unit of San Miguel Corporation, has been assigned by Philippine Rating Services Corporation (PhilRatings) the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook for its proposed bond issuance. The firm is planning to raise up to P18 billion from the planned offering...
Industry thought leaders called for urgent coordinated policy reforms and new development strategies to strengthen the country’s competitiveness through trade and investments. Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo in his keynote address at the recent...
Robinsons Bank (RBank), the financial services arm of the Gokongwei Group, has once again caught the eye of the global landscape with its various product innovations that have earned distinction in 2021. RBank was recognized as “Most Innovative Digital Banking Services – PH 2021”...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) tapped the services of international weather intelligence provider MetraWeather to enhance its forecast and climate data analysis, which will allow for quicker response to weather disturbances that may affect water service. The...
Facing a heightened demand for its insurance services, Generali Life Assurance Philippines Inc. (GLAPI) tapped into the power of Cloud through Globe Business to prime its business capabilities for rapid growth amidst the increasing consumer appetite for digital services. GLAPI engaged Globe...
It's been a tough two years for many fathers whose work has been canceled due to the many community quarantines. Providing enough financial support for their family has been the main challenge for many. Not to mention, paying their debts. But a good father doesn't just lie under a mango tree and...
Maynilad Water Services, Inc. (Maynilad) has invested P410 million for the installation of more pressure-regulating valves (PRV), which is part of the West Zone concessionaire’s plan to reduce non-revenue water losses. In a statement, Maynilad said it recently installed more PRVs in select points...
San Miguel Brewery Inc. continues to enjoy a triple-A rating, for its P9.54 billion outstanding bonds, from Philippine Rating Services Corporation (PhilRatings). PhilRatings said it has maintained its highest issue credit rating of PRS Aaa, with a Stable Outlook, for SMB’s bonds with the...
The Department of Science and Technology - Philippine Nuclear Research Institute (DOST-PNRI) committed on Wednesday, June 16, to provide technical assistance to help private firm Via Verde carry out its plan to build a fully commercial irradiation facility in the country. DOST Secretary Fortunato...
The Metropolitan Waterwork and Sewerage System and its two concessionaires, Maynilad Water Services, Inc. and Manila Water Company, Inc., have released a development fund for indigenous people (IPs) and local farmers in Bulacan. The development fund, which is close to P37million, was meant for...
Senator Sherwin Gatchalian has filed a bill seeking the development of satellite-based technologies to improve the country’s Internet access. In filing Senate Bill No. 2250 or the proposed “Satellite-Based Technologies for Internet Connectivity Act of 2021,” Gatchalian said satellite...
The Philippine Drug Enforcement Agency (PDEA) and the Wallstreet Courier Services Incorporated (Ninja Van) signed a memorandum of agreement (MOA) on Tuesday, June 15, in a bid to address the problem of drug trafficking using the courier service providers. Ninja Van is a technology company that...
