San Miguel Food and Beverage Inc. (SMFB) has retained its highest Issue Credit Rating of PRS Aaa, with a stable outlook from Philippine Rating Services Corporation (PhilRatings) for its P5-billion outstanding fixed-rate bonds. Obligations rated PRS Aaa are of the highest quality with minimal credit...
The Securities and Exchange Commission (SEC) has approved the planned public offering by Century Properties Group Inc. (CPGI) of P6 billion worth of fixed-rate bonds under shelf registration. In its meeting on Jan. 25, the Commission En Banc resolved to render effective the registration statement...
An art haven in the metro As galleries and museums are allowing limited visitors, and some are temporarily closing their doors, art goes out to the streets of Bonifacio Global City (BGC) as its spaces become the canvas for Filipino artists. Through ArtBGC, BGC’s Public Art program has recently...
This pioneering company transitions from recyclable to biodegradable to promote more sustainable opportunities in the Philippines TOGETHER FOR A CAUSE Before concluding the cleanup drive, employees and dealers from the PC Dumaguete branch invite more volunteers to join their mission Personal...
Solar Philippines Nueva Ecija Corp. (SPNEC) is considering a stock rights offering and form joint ventures as part of plans to develop 10 gigawatt (GW) of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said the development plans will be firmed up once its asset-for-share...
Ericsson, PLDT Inc. and its wireless arm Smart Communications Inc. are using technology and advanced machine learning solutions for protected areas in Sasmuan, Pampanga. The three signed a Memorandum of Agreement (MOA) to conserve a 405-hectare mangrove wetland in the area, a vital habitat to...
By Cherrylin Caacbay Some areas in Pasig City, Makati City, Marikina City, Quezon City, Taytay, Angono, and Binangonan in Rizal will experience water service interruption from Jan. 25 to 26, the Manila Water Company Inc. announced on Monday, Jan. 24. According to the Manila Water advisory, the...
VMware, Inc. a leading innovator in enterprise software, has appointed Paul Simos as Vice-President and Managing Director for Southeast Asia and Korea and Sachin Shridhar as Leader for Strategic Pursuits Practice in the Asia Pacific and Japan. As more businesses in the region are rapidly adapting...
The Metropolitan Waterworks and Sewerage System’s (MWSS) Regulatory Office is looking into the prolonged implementation of Water Service Interruptions (WSIs) by Maynilad Water Services, Inc. at its Putatan Water Treatment Plant’s (PWTP) supply zone. In a statement, MWSS RO Chief Regulator...
The Insurance Commission (IC) has placed pre-need firm Himlayang Pilipino Plans, Inc. (HPPI) under conservatorship due to poor financial management. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 24, that HPPI was placed under conservatorship following its “continuing...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
