JCRA reaffirms Ayala Corporation’s A- rating with stable outlook
The Japan Credit Rating Agency, Ltd. (JCR) has reaffirmed Ayala Corporation’s A- long-term foreign currency issuer rating, keeping its outlook stable. The decision reflects confidence in the company’s wide-ranging business portfolio, consistent earnings performance, and careful financial management.
PH, India push closer to trade deal
The Philippines and India have taken another step toward a possible free trade agreement, using a high-level bilateral trade meeting to advance discussions on deeper economic integration and broaden cooperation in sectors ranging from renewable energy to artificial intelligence.
PCC flags power retail competition roadblock
Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.
GSIS sets aside ₱15.1B for Mindanao quake victims
The Government Service Insurance System (GSIS) has allocated ₱15.1 billion in emergency assistance for over 608,000 members and pensioners affected by the magnitude 7.8 earthquake in Mindanao, president and general manager Wick Veloso announced.
Raslag secures ERC compliance for Pampanga solar plant
Local renewable energy firm Raslag Corp. has obtained a Certificate of Compliance from the Energy Regulatory Commission for its 36.646-megawatt solar facility in Magalang, Pampanga. Though it began operating in October 2024, the COC formally registers the plant and confirms it meets all regulatory requirements, granting it associated rights and privileges.
