The water rates of Manila Water Company Inc. will slightly increase in the second quarter of the year, while customers of Maynilad Water Services Inc. will enjoy a small rollback in rates. In a virtual briefing on Thursday, Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Patrick...
Business process outsourcing company, MDS Call Solutions, Inc. (MDSCSI) takes its voice and digital services up a notch with Globe. MDSCSI collaborated with Globe’s enterprise arm, Globe Business, to support its Amazon Web Services (AWS) cloud migration and SMS Application Programming Interface...
Cirtek Holdings Philippines Corporation (CHPC) has been assigned an Issuer Credit Rating of PRS A (corp.) with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings) in relation to its P2 billion commercial paper issuance. This is the initial tranche from a proposed Shelf...
International Container Terminal Services, Inc. (ICTSI) reported a slight uptick in audited consolidated attributable net income to US$101.8 million last year, one percent higher than the US$100.4 million earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said the growth in...
ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...
The National Home Mortgage Finance Corporation (NHMFC) has raised a total of P319.32 million with the closing of its fourth securitization transaction called ‘BALAI Bonds 2’, for a portion of its Residential Loan portfolio. The transaction consists of one tranche of Senior Notes and one tranche...
After a slowdown in 2020, Philippine companies’ migration into cloud is expected to grow rapidly this year back to its robust 2019 level as enterprises accelerate adoption of new technologies to become more resilient. This was the gist during a virtual press conference of Amazon Web Services...
The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for operating an unauthorized investment program that resembles a Ponzi scheme. The SEC Enforcement and Investor Protection Department...
SL Agritech Corporation (SLAC), the leading producer of hybrid rice seeds and premium rice in the Philippines, has been assigned a high issuer credit rating of PRS Aa (corp.), with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). PhilRatings said the rating was given...
Jobs in the services sector are on the rise in the Philippines, according to the latest report by LinkedIn, the world’s largest professional network. LinkedIn 2021 Jobs On The Rise Report for Southeast Asia showed that the jobs on the rise in the Philippines are digital content specialist,...
Despite the COVID-19 lockdowns last year, PLDT's Home business has almost doubled its installation capability todate, with 9 million homes passed, and is on track to quicken the pace, the telco today (Jan. 28) announced. Currently, PLDT's fiber-to-the-home (FTTH) broadband services reach 48 per...
Globe’s recently acquired professional and managed services arm, Cascadeo, won Managed Services Provider (MSP) of the Year at the Channel Partner Insight Innovation Awards 2020. “Whether it's in the US or in the Philippines, Cascadeo sets the benchmark that today's best services are powered...
