National Reinsurance Corporation of the Philippines (NRCP), the country’s sole professional reinsurer, has been assigned a financial strength rating of PRS A plus, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). PhilRatings said an insurer rated PRS A has strong...
Aboitiz Power Corporation (AboitizPower) plans to raise up to ₱30 billion from a planned bond issuance, representing the initial tranche of its new three-year Shelf Registration program of up to ₱100.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
President Marcos said a latest survey showing that he remains the most trusted and approved government official in the country "validates" his administration's efforts within his term. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Marcos said it is validation that the...
President Ferdinand 'Bongbong' Marcos Jr. delivers a speech during the presentation of of the signed Memorandum of Agreement on the Philippine Civil Service Digital Leadership Program in Malacañan Palace on April 24, 2025. (Photo courtesy of PPA/ Noel Pabalate) President Ferdinand Marcos Jr....
Petron Corporation has filed its registration statement with the Securities and Exchange Commission in line with its plan to raise ₱32 billion from the issuance of bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned Petron’s proposed bond issuance of ₱25 billion,...
President Marcos is not alarmed by the recent drop in his approval and trust ratings and will continue to perform his duties regardless of survey results. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) Communications Undersecretary Claire Castro said this after a March...
The Lugtu family’s Asialink Finance Corp. has been given an issuer credit rating of PRS A plus (corp.) with a stable outlook by Philippine Rating Services Corp. (PhilRatings). PhilRatings noted that Asialink, reportedly one of the fastest-growing financing companies in the Philippines with 192...
Pulse Asia President Ferdinand Marcos Jr. saw a sharp decline in his approval and trust ratings, while Vice President Sara Duterte recorded the only gains among the country’s top officials, based on Pulse Asia’s “Ulat ng Bayan” survey conducted from March 23 to 29. The survey revealed that...
The Manila Bulletin has been ranked as one of the most trusted news sources in the Philippines, based on Publicus Asia’s “Pahayag 2025 First Quarter Survey.” The 125-year-old publication earned a trust rating of 35 percent, placing it alongside other major Philippine media outlets. In the...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
Zobel-led Ayala Corporation’s access to yen-denominated loans to fund growth initiatives at competitive rates has been enhanced after being assigned an inaugural foreign currency long-term issuer rating of “A-” by Japan Credit Rating Agency Ltd. (JCR). According to the report released by JCR,...
Robinsons Land Corporation (RLC) retained the highest PRS Aaa rating, with a Stable Outlook, from Philippine Ratings Services Corporation (PhilRatings) for its outstanding bonds amounting to ₱30.4 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The...
