The Senate Committee on Public Services will exert all efforts at passing the bill crrating the Department of Water Resources and Management this Congress as a means to solve the country's water crisis, Senator Grace Poe said. Poe' said Senate Bill No. 102, one of the Marcos administration's...
In an attempt to minimize water losses, west zone concessionaire Maynilad Water Services, Inc. has tapped an infrastructure intelligence firm to provide satellite and artificial intelligence (AI) technology to detect areas in need of repair. In a statement on Monday, May 6, Maynilad said it...
Engineering and infrastructure firm Megawide Construction Corporation’s planned P5-billion bond offering has been assigned an Issue Credit Rating of PRS Aa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). Megawide plans to offer bonds worth P4 billion, with an...
Maynilad Water Services, Inc. (Maynilad) thanked the Department of Environment and Natural Resources (DENR) and the National Water Resources Board (NWRB) for maintaining the raw water allocation at 50 cubic meters per second (CMD) for the period May 1 to 15, 2024, noting that it is needed given the...
Filipino tech startup Packworks has partnered with Help.NGO to bring connectivity to sari-sari stores through Starlink Internet and boost local entrepreneurship in the Philippines. In a statement, Packworks said its partnership with Help, an international NGO, has resulted in the launched of...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, for its outstanding Fixed Rate Bonds amounting to P5.0 billion. Philippine Rating Services Corporation (PhilRatings)...
For Sen. Grace Poe, the continued conduct of transport strikes is an indication of a still unsettled issue in the transport sector. Activist groups together with jeepney drivers post placards during the first day of transport strike against the government's public utility vehicle (PUV)...
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
Diversified conglomerate San Miguel Corporation’s (SMC) planned P20-billion bond issuance has been assigned the highest PRS Aaa, with a Stable Outlook, Issue Credit Rating by the Philippine Rating Services Corporation (PhilRatings). PhilRatings said in a statement that it also maintained its...
Senators on Monday, April 22, urged the Department of Transportation (DOTr) to plan well its idea of adding another motorcycle lane in EDSA. Senate Public Services Committee Chair Sen. Grace Poe said that while the intention to decongest EDSA is understandable, she's curious as to how the agency...
The Alcantara family’s holding company Alsons Consolidated Resources, Inc. (ACR) has received a high Issuer Credit Rating rating of PRS Aa minus (corp.), with a Stable Outlook, for its P3.0 billion Commercial Paper (CPs) Program. In a statement, Philippine Rating Services Corporation...
Metro Manila's water concessionaires assured the public on Tuesday, April 16, that despite the sweltering temperatures and dwindling water levels at dams, their supply operations remain normal. With the forecast of scorching temperatures reaching 42 degrees Celsius in 24 areas across the...
