Corporate

SEC rejects deferment calls to implement new sustainability reporting guidelines

The Securities and Exchange Commission has adopted revised sustainability reporting guidelines and the use of SuRe forms for listed firms starting this year despite calls for the deferment of their implementation. 

Maynilad eyes four more reservoirs by 2026

West Zone concessionaire Maynilad Water Services Inc. will add 211 million liters to its water-storage capacity by 2026 with the construction of four new reservoirs in different locations to improve supply and water pressure for customers in elevated areas

Manila Water deems water supply deal with Pangasinan terminated

Manila Water Co. Inc. said Wednesday that together with its wholly-owned subsidiary, Manila Water Philippine Ventures Inc., it deemed the 25-year concession agreement with the provincial government of Pangasinan for a water supply project terminated at the end of 2023.

Philippine bourse eyes six IPOs in 2024

The Philippines is expecting six initial public offerings (IPOs) in 2024 as capital markets may benefit from better economic conditions with an easing of inflation and lower interest rates, the head of Manila's bourse said.

FDC P10-billion bond sale secures SEC approval

Filinvest Development Corp. the holding firm of the Gotianun group, on Tuesday obtained approval from the Securities and Exchange Commission (SEC) to sell P10 billion worth of bonds.

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