The country can still recover lost ground and accelerate growth to catch up with its aspiration to end poverty and be a predominantly middle-class society under the Ambisyon 2040 through frontier technologies, the Philippine Chamber of Commerce and Industry (PCCI) said. PCCI President Amb....
Premier contractor firm D.M. Consunji, Inc. (DMCI) has started construction of the P10.5 billion Caloocan-Malabon-Navotas (CAMANA) Water Reclamation Facility (WRF) project of Maynilad Water Services, Inc. (Maynilad). In a disclosure to the Philippine Stock Exchange the firm said the...
Local business groups have strongly called for the passage in Congress the amendments to the Public Service Act (PSA) stressing this will help local firms recover from the pandemic, contradicting concerns of some Senators that the bill will pose a threat to domestic industries. In a joint...
In another management shake-up, former Police Deputy Director General Reynaldo Velasco has regained the position as Metropolitan Waterworks and Sewerage System (MWSS) administrator. MWSS Logo In a text message, retired Lt. General Emmanual Salamat confirmed to Manila Bulletin that he is no longer...
Food delivery services are exempted from the unified curfew in Metro Manila which will be implemented starting March 15, Parañaque City Mayor Edwin Olivarez said Friday (March 12). (Jansen Romero / MANILA BULLETIN) “Sa guidelines po na nilabas ng Metro Manila Council, exempted po ‘yan (Based...
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...
