Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
PLDT Inc. (PLDT) has expanded the reach of its fiber-to-the home services to the Island Garden City of Samal (IGACOS), bringing the fastest fiber internet connectivity to the “largest resort city” in the country. In a statement, the firm said that, with a growing population and a thriving...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
East Zone concessionaire Manila Water Co. has announced service disruptions in Rizal and Quezon City starting Wednesday night, Sept. 20. Line maintenance, Line Meter Replacement, and Interconnection activities are said to be the cause of the water interruptions. Subsequently, West Zone...
Greenergy Holdings Inc. is investing an additional P480 million into wholly-owned subsidiary Winsun Green Ventures Inc. (WGVI) to strengthen its position in renewable energy (RE) and sustainable community projects. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of...
Publicly-listed Agrinurture Inc. (ANI) has completed the re-acquisition of 100 percent of Freshness First Pty Ltd., an Australian company, for a token one Australian dollar or AU$1, after first selling it in 2015. In a disclosure to the Philippine Stock Exchange (PSE), ANI said efforts to acquire...
Mobile network operator Smart Communications urges peers and stakeholders in the telecommunications industry to come up with a more coordinated response against online and text scams and fraud. “We need to dive deeper into how criminals operate and bring to light the entire cyber scam ecosystem....
Six Philippine corporations —PLDT, Ayala Corp., San Miguel Corp., BDO Unibank, Metrobank, Jollibee Foods Corp. — made it to the list of 750 "World’s Best Companies 2023” by TIME Magazine and analytics partner Statista. According to the Time.com, the inaugural list of...
Smart Communications Inc. (Smart) will receive emergency roaming communication assistance in Morocco, which was hit by a deadly earthquake, and in Libya which suffered from the Mediterranean storm "Daniel". “We hope that through this we can help our kababayans as communication remains difficult...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
East Zone water concessionaire Manila Water Co. has hit its sustainability success for the second half of the year. The goals they have achieved so far are those within the Environmental, Social, and Governance (ESG) targets, like Water Security, Carbon Reduction and Avoidance, and Capital...
