Manila Water raises $500M from sale of sustainability bonds
Manila Water Co. Inc. has issued $500 million in sustainability bonds, which it described as the single largest green bond issue by a listed private water utility in Asia. The…
Manila Water set to issue ‘sustainability bonds’ overseas
Manila Water Co. Inc. is considering issuing US dollar-denominated “sustainability bonds” abroad, intended for refinancing debt and funding their capital expenditure for this year and next. Manila Water made the…
KidZania Manila to close by Aug 31 this year
MANILA, Philippines – ABS-CBN Corp. is permanently closing down the KidZania Manila children’s theme park in Bonifacio Global City by the end of August 2020, ending a five-year run. The…
Manila among world’s top 40 emerging startup ecosystems
Manila ranked among the world’s top 40 emerging startup ecosystems, a report showed, although the cities in neighboring Southeast Asian nations Indonesia and Malaysia placed closer to the top of…
Stocks slide as Metro Manila prepares to open partially for business
The local stock barometer tumbled below 5,600 level on Friday ahead of Metro Manila’s reopening for limited business after a two-month lockdown meant to contain the spread of the new…
Fruitas, Pan de Manila scale up partnership
Lester Yu Leading multi-brand kiosk operator Fruitas Holdings Inc. has diversified its distribution network through an expanded partnership with food retailer Pan de Manila. In a disclosure to the Philippine…
Manila Port shutdown threat averted for now
Transportation Secretary Arthur Tugade. FILE PHOTO MANILA, Philippines — A looming shutdown at Manila’s crucial ports appears averted for now as businesses started withdrawing cargo containers that have been piling…
Metro Manila to have normal water supply for April
The allocation of raw water from Angat dam to the Metropolitan Waterworks and Sewerage System (MWSS) remains normal in April at 46 cubic meters per second, mainly to address the…
Overstaying cargoes at congested Manila ports face seizure
MANILA, Philippines – The government has threatened to confiscate overstaying cargoes in Manila’s ports, accusing businesses of ignoring calls to withdraw their containers which have worsened harbor congestion amid the…