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Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery

By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

DSWD-Davao to aid disaster victims in recovery, rehab amid regionwide ECT payouts

THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reaffirmed its commitment to aid all victims of recent disasters in the Davao Region on their journey towards recovery and rehabilitation......»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

D& L sees earnings recovery this year

D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Military operation in Iloilo results in recovery of bodies, capture of CNT members

Military operation in Iloilo results in recovery of bodies, capture of CNT members.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Millennials banked on to spur HMO recovery

The Generation Y, colloquially known as the millennials, is expected to help prop up the health maintenance organization sector into recovery as health protection tops their priority list......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Marcos visits Australia again for ASEAN summit

Marcos said the ASEAN-Australia Special Summit in Melbourne is an opportunity for the government to reiterate the country’s position on regional and international issues......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

President Marcos to attend Asean-Australia meet in Melbourne

President Marcos leaves today for Melbourne, Australia to take part in the Association of Southeast Asian Nations (ASEAN)-Australia Special Summit......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Philippines to lead growth in ASEAN+3

The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Thailand joins ASEAN agriculture-MSME development plan

The ASEAN Business Advisory Council Thailand has become the latest to sign to the region-wide private sector-led agriculture-MSME Development plan initiated in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Philippines to join ASEAN Tourism Forum 2024 in Lao PDR

The Philippines’ diverse tourism offerings will once again be showcased internationally as the country is set to participate at the ASEAN Tourism Forum (ATF) 2024 in Lao PDR......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116

Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

CTTMO to deploy 300 personnel for Holy Week

AN OFFICIAL from the Davao City Transport and Traffic Management Office (CTTMO) announced plans to deploy approximately 300 personnel throughout Holy Week to manage anticipated crowds......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

11,300 cops deployed for Holy Week, summer

The National Capital Region Police Office (NCRPO) would deploy over 11,300 police officers in Metro Manila as early as March 25 to ensure public safety during the Holy Week and the rest of summer, an official said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 16th, 2024

‘300 cities, towns submit Cha-cha signatures’

Pages of signatures from around 300 cities and municipalities for the ongoing people’s initiative to amend the Constitution have started pouring in to the different Commission on Elections offices nationwide......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Petitioning relatives for employment-based green cards

One of the most popular and informative articles for Filipinos was about petitioning family members for employment-based green cards, such as nieces, cousins, siblings, etc. for such jobs as caregivers for your parents or care homes, housekeepers to enable you to work longer for your high-paying job. For those of you who missed the article, I want to remind Filipinos again......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024