Corporate

Maharlika bid fast-tracks ATI stock market exit 

Asian Terminals Inc. (ATI) hit the brakes on trading Tuesday as a Maharlika Investment Corp. (MIC) tender offer set the port operator firmly on course for a voluntary exit from the Philippine Stock Exchange.

BDO Pay offers simpler, cash-free shopping for the holiday season

As holiday shopping peaks, BDO is promoting BDO Pay as a convenient way for shoppers to manage payments during the busy Christmas season.

ACR gets higher credit rating from PhilRatings

Alsons Consolidated Resources Inc. (ACR) has received a higher credit rating from Philippine Rating Services Corp. (PhilRatings), which upgraded the company’s issuer credit rating to PRS Aa with a stable outlook.

Metro Manila water rates to rise next year

Metro Manila water rates will increase starting next year, the Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) said on Monday. The adjustments are meant to reflect changes in taxes and environmental charges.

ICTSI expansion to boost Rio port capacity by over 70% 

International Container Terminal Services Inc. (ICTSI) will invest R$948 million to expand and modernize the Rio Brasil Terminal at the Port of Rio de Janeiro from 2025 to 2029.

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