After a long-standing controversy with its owners, President Duterte has signed the laws granting new franchises for water concessionaires Maynilad and Manila Water, allowing the two firms to continue their operations for another 25 years in Metro Manila and nearby provinces. File photos Based on...
SMC Global Power Holdings Corp. has retained its highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation for its outstanding bond issuances amounting to P73.85 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk....
The logistics industry has performed an essential and tireless role in keeping Philippine society alive and moving during the pandemic. One of the industry’s key players which took a massive role in serving the nation by improving and expanding its processes, facilities, and roster of services is...
converge Domestic credit rating agency Philippine Ratings Services Corp. (PhilRatings) gave the highest credit rating of "Aaa with stable outlook” to the P5 billion maiden bond offer of Converge ICT Solutions Inc., with an oversubscription option of up to P5 billion. PRS gave the rating due to...
Philippine Red Cross (PRC) Chairman and Chief Executive Officer (CEO) Senator Richard Gordon appealed on Friday, Dec. 17, to the public to donate for the affected communities in Visayas and Mindanao due to Typhoon "Odette". Photo from the Philippine Red Cross PRC said that the typhoon caused...
SM Investments Corporation (SMIC), the holding company of the SM Group of Companies, is planning to raise up to P15 billion from a planned bond issuance. The conglomerate plans to issue P10 billion in bonds with an oversubscription option of up to P5 billion. The bonds have been assigned the...
Typhoon "Odette" (international name: "Rai") is moving westward and is likely emerge over the Panay Gulf and the Sulu Sea on Friday morning, Dec. 17, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. (Photo from PAGASA / MANILA BULLETIN) PAGASA said in...
Typhoon 'Odette' has further weakened as it made landfall in Carcar, Cebu on Thursday night, Dec. 16, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. (Photo from PAGASA / MANILA BULLETIN) As of 10 p.m. on Thursday (Dec. 16) the center of Odette was...
Typhoon 'Odette' has maintained its strength and is headed for the waters off to the east of Caraga region, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Thursday, Dec. 16. (Photo from PAGASA / MANILA BULLETIN) As of 1:00 a.m. PAGASA said that the...
Signal no. 3 was raised in four areas as Typhoon "Odette" (international name: "Rai") slightly intensified on Wednesday night, Dec. 15, the the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. (Photo from PAGASA / MANILA BULLETIN) In its 11 p.m. bulletin,...
Severe tropical storm "Odette" (international name: "Rai") has intensified into typhoon on Wednesday, Dec. 15, as tropical cyclone wind signal number 2 was hoisted in some areas. Track of Typhoon 'Odette' (PAGASA photo / MANILA BULLETIN) In its 11 a.m. bulletin, the Philippine Atmospheric,...
The Maynilad Water Services Inc. issued an advisory on emergency water interruption in some parts of Las Pinas, Paranaque, and Pasay City on Dec. 13-14. The Maynilad Water Services Inc. advised customers in some portions of Las Pinas, Paranaque, and Pasay City that water service interruptions will...
