Corporate

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.

PCC, SEC sign data sharing agreement

The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data sharing agreement to strengthen cooperation in promoting transparency and fair competition in the corporate sector.

SEC warns vs unauthorized Hajj package offers

The Securities and Exchange Commission (SEC) has warned the public against private entities offering Hajj pilgrimage packages without proper authority.

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