Rockwell Land Corp., the Lopez Group’s upscale property developer, has successfully raised ₱10 billion from the first tranche of its ₱20-billion bonds under the shelf-registered program of the Securities and Exchange Commission (SEC). In a disclosure to the Philippine Stock Exchange (PSE) on...
San Miguel Global Power Holdings Corp. won approval from the Securities and Exchange (SEC) Commission to raise as much as ₱30 billion through a bond offering to refinance its debt and bankroll the expansion of its renewable energy portfolio. The regulator’s en banc commissioners rendered the...
Citicore Energy REIT Corp. (CREIT) secured a high-grade issuer credit rating from Philippine Rating Services Corp. due to its robust financial position amid aggressive expansion of its green asset portfolio. PhilRatings assigned an issuer credit rating of PRS Aa plus (corp.) to the Philippines’...
The Department of Labor and Employment (DOLE) has relaunched its legal query portal to provide workers and employers with faster responses and more efficient access to labor guidance. The upgraded query.dole.gov.ph portal allows users to submit labor-related concerns, track their queries, and...
Razon-led International Container Terminal Services Inc. (ICTSI) has broken ground on an ₱800 million expansion in Batanga, marking the start of construction for what will become the Philippines’ second-largest container gateway. The facility, branded as the South Luzon Container Terminal, is...
Filinvest Land Inc., the real estate arm of the Gotianun family’s conglomerate, received the highest possible credit rating from Philippine Rating Services Corp. (PhilRatings) for its planned ₱11.57 billion bond offering. PhilRatings said the property developer was assigned a PRS Aaa rating...
Infra and utilities conglomerate Metro Pacific Investments Corp. (MPIC) intends to continue investing in infrastructure despite uncertainties and challenges posed by the war in the Middle East, laying the groundwork for more growth after sustaining record performance last year. “The global...
Belle Corp., the leisure and gaming arm of the Sy family’s SM Group, raised ₱280 million in fresh capital after its lottery subsidiary, Pacific Online Systems Corp., purchased a block of the parent company 's treasury shares. In a disclosure to the Philippine Stock Exchange, Bello said...
Razon-led International Container Terminal Services Inc. (ICTSI) is boosting its capital investment by 14 percent this year as it accelerates expansion across its global network from Mexico to the Philippines. In a disclosure to the Philippine Stock Exchange, ICTSI said the company earmarked $740...
League of Cities of the Philippines (LCP) National President and San Juan City Mayor Francis Zamora expressed his gratitude to President Ferdinand "Bongbong" Marcos Jr. and his administration for their steadfast support to local governments across the country, particularly with the passing of the...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this February in select parts of Caloocan, Las Piñas, Manila, Muntinlupa, Parañaque, Pasay, Quezon City, Valenzuela, and Cavite Province at...
Mayor Ruffy Biazon said he was not satisfied by the answers given by representatives of Maynilad Water Services about the daily water service interruptions in Muntinlupa. The water service interruptions in Muntinlupa have occurred in barangays in the past few days, angering customers. Biazon...
