Corporate

PhilRatings grants highest rating PRS Aaa  to Robinsons Land bond

The Philippine Rating Services Corp. has extended its highest credit rating - a PRS Aaa with a stable outlook -  to the proposed bond...

Yuchengco Group consolidating its renewable energy units

Renewable energy firm, PetroEnergy Resources Corp. (PERC) has a share purchase agreement with EEI Power Corp. (EPC) to acquire all of the latter’s common...

Meralco 1Q earnings gets boost from higher electricity sales

Manila Electric Co. said Tuesday first-quarter net income increased 26 percent year-on-year to P8.07 billion as revenues of the country’s largest power distributor got...

Las Marias named concurrent CEO of Filinvest Land

Filinvest Land Inc. said Tuesday its president, Tristan Las Marias, has been appointed in a concurrent roles as chief executive officer of the real...

Union Bank Earnings In 1Q Get Boost From Citi Acquisition

Union Bank of the Philippines said Tuesday first-quarter net income jumped 30 percent year-on-year to P3.4 billion, propelled by stronger interest income following the...

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