CreditSights keeps “Underperform” rating on PLDT, sees VITRO REIT IPO as credit positive
CreditSights, a unit of Fitch Solutions, has retained its “Underperform” rating for PLDT Inc., even as it views the telecom firm’s planned data center real estate investment trust (REIT) initial public offering (IPO) as beneficial to its credit standing.
SEC revokes registration of Delisha Lending for regulatory breaches
The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.
RLC infuses six properties worth ₱10.62 billion into REIT
Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).
DMCI to open Batangas resort early next year
DMCI Homes Inc. on Tuesday said it is opening its resort in San Juan in Batangas by February next year, positioning it as a beachfront destination that brings together leisure amenities and facilities for business and social events within a single integrated resort.
DICT rolls out digital IDs for delivery riders under new licensing system
The Department of Information and Communications Technology (DICT) has launched digital identification for delivery personnel to boost consumer protection, curb fraud, and formally recognize legitimate workers.
