The Department of the Interior and Local Government (DILG) bagged the coveted best national government agency by the Career Executive Service Board (CESB). It was the fifth time the DILG received the coveted plum as it also received the Career Executive Service Performance Evaluation System...
After financial analytics firm S&P Global maintained the Philippines’ long-term foreign currency-rating at BBB+, House Ways and Means Chairman and Albay 2nd district Rep. Joey Salceda credited the Marcos administration for successful economic recovery. Albay 2nd district Rep. Joey Salceda On...
Debt-watcher S&P Global maintained the Philippines' investment grade status with stable outlook as it expects the economy to remain robust on the back of strong domestic demand. S&P on Thursday, Nov. 17, kept the country's long-term foreign-currency rating at "BBB+," which is one notch away...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is planning to raise up to P20 billion from a proposed bond issue with a base amount of up to P8 billion, with an oversubscription option of up to P12 billion. The issuance will come from the Company’s fourth and final...
Cebu Landmasters Inc., a property developer in the Visayas and Mindanao, is planning to raise up to P8 billion from the initial tranche of its new three-year Shelf Registration program amounting to P15.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned a very...
Former President Rodrigo Duterte (JOEY DALUMPINES / PRESIDENTIAL FILE PHOTO) A Social Weather Stations (SWS) survey conducted from April 19 to 29, 2022 has found that 78 percent of Filipinos were satisfied, 9 percent undecided, and 13 percent dissatisfied with the performance of former President...
The planned P10-billion maiden Peso Green Bond offering of AC Energy Corporation (ACEN) has been given the highest PRS Aaa issue credit rating with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). The issue is intended to comply with the ASEAN Green Bonds Standards with...
Outgoing Vice President Leni Robredo is ending her six-year term with a bang after the Office of the Vice President (OVP) received an unqualified opinion, the highest audit rating given to a government agency, for the fourth straight year from the Commission on Audit (COA). Vice President Leni...
Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation (SMC), has been assigned an 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...
The Philippine Drug Enforcement Agency (PDEA) has garnered an unmodified opinion, the highest audit rating given by the Commission on Audit (COA) for the "fair presentation" of its financial reports and records. PDEA Director General Wilkins Villanueva (Photo courtesy of PDEA) PDEA Director General...
Robinsons Land Corporation, one of the country’s leading property developers, is planning to raise up to P15 billion from a bond issuance representing the initial tranche of its P30 billion shelf-registered bonds. RLC’s proposed bond issuance is worth P10 billion with an oversubscription option...
SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of up to P10 billion. This is the initial tranche of the company’s new three-year Shelf Registration program amounting to P60 billion....
