NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest...
The Muntinlupa City Council has set the public hearing to investigate Maynilad Water Services’ prolonged water service interruption that has severely affected customers in Muntinlupa and other cities and municipalities. The City Council’s Committee on Environment will hold the hearing at 8:30...
Senator Grace Poe has called on Maynilad Water Services Inc. (Maynilad) to address water service interruptions in the west service zone of the Metropolitan Waterworks and Sewerage System (MWSS) as residents reported to her office their harrowing experience of having no water for 42 hours straight....
Cirtek Holdings Philippines Corporation (CHPC) is planning to issue Commercial Papers (CPs) of up to P2.0 billion as it continues to raise funds from various sources for the expansion of its subsidiaries. Philippine Rating Services Corporation (PhilRatings) assigned Cirtek an Issuer Credit Rating...
Aksyon Demokratiko Vice presidential aspirant Dr. Willie Ong plans to address the rise in mental health concerns amid the coronavirus pandemic. “Ngayong pandemic, talagang nakikita kong problema 'yung mental illness: depression, away sa pamilya,” Ong said. Ong bared his strategies to include...
Several barangays in Tondo and San Nicolas districts in Manila will experience water service interruptions for more than two weeks starting on Monday, Jan. 31. According to Maynilad Water Services, the interruptions will be from 10 p.m. to 6 a.m. for 17 days -- from Jan. 31 to Feb. 17. The...
The country’s slow internet speed needs “government intervention” to eliminate the congressional franchise requirement and build common towers in hardship areas, presidential aspirant Vice President Leni Robredo said on Monday, Jan. 31. Vice President Leni Robredo (OVP photo) If she wins the...
media Artificial intelligence (AI) could be a game changer in financial services because it can be used to develop customer-centric solutions in financial services, said Union Bank of the Philippines (UnionBank) Head of AI Center of Excellence Dr. Adrienne Heinrich. "Besides looking at AI solutions...
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 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...
Senator Sherwin Gatchalian on Sunday assured that problems about rude customers would also be addressed under the bill that seeks to protect delivery riders. Gatchalian is referring to Senate Bill No. 2302 or the proposed “Food, Grocery and Pharmacy Delivery Services Protection Act” which seeks...
Asia Link Finance Corporation (Asialink) has obtained an Issuer Credit Rating of PRS A plus (corp.), with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) while it explores funding options. Asialink offers unsecured and secured credit facilities that cater to the...