Filinvest Land Inc., a member of the Gotianun Group, has obtained the highest Issue Credit Rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. The firm disclosed to the Philippine Stock Exchange that it is planning a P8.0...
AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
Maynilad Water Services Inc. has announced a four-day water interruption next week affecting 2.9 million people in its west zone concession area. The water interruption will pave the way for the company's massive pipeline replacement as part of the flood control project of the Department of Public...
There will be no water shortage in the next summer on the back of short-term to medium-term security efforts of the government and its concessionaires, new Metropolitan Waterworks and Sewerage System (MWSS) Administrator Leonor Cleofas assured. In a phone interview, Cleofas said there will be no...
MAFBEX Wired Manila Foods and Beverages Expo or MAFBEX Wired, organized by Worldbex Services International in partnership with De La Salle-College of Saint Benilde School of Hotel, Restaurant, and Institution Management, launched its month-long event this Oct. 6, 2021. With its second rendition of...
SL Agritech Corporation (SLAC), a leading producer of hybrid rice seeds and premium rice in the Philippines, is planning to raise P4 billion through the issuance of commercial papers. The firm was assigned an issuer credit rating of PRS Aa (corp.), with a Stable Outlook, by Philippine Rating...
GT Capital Holdings Inc., the flagship of the Ty family, is venturing into the business of providing vehicle warranty for used cars in the country through Premium Warranty Services Philippines, Inc. (PWSPI). In a disclosure to the Philippine Stock Exchange, GT Capital said PWSPI starts commercial...
Customers of Maynilad Water Services, Inc. will experience a slight reduction in their water bills starting this month until October, following the government approval of the company’s fourth quarter Foreign Currency Differential Adjustment (FCDA). As for the customers of Manila Water Company...
Aboitiz Power Corporation’s proposed P12-billion bond issuance has been assigned the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). The AboitizPower bonds have a base issue size of up to P6.0 billion, with an oversubscription...
The Department of Education (DepEd) has launched the National Quality Management System (NQMS) certifiable to the ISO 9001:2015 standards to enhance education service delivery and client satisfaction nationwide. (Photo from DepEd) Education Secretary Leonor Briones, in a statement issued Friday,...
The revised concession agreement (CA) between Metropolitan Waterworks and Sewerage System (MWSS) and Manila Water Company Inc. was supposed to take effect on September 30, but the two parties agreed to push it to a later date. 36025 This, according to Manila Water, will synchronize the date of...
The mission of providing easy access to accurate sexual and reproductive health information as well as quality education and affordable healthcare services to everybody towards leading healthy lives is a priority for the European Union (EU) worldwide and in the Philippines. European Union (EU) This...
