Companies

International Container Terminal Services Inc. (ICTSI) and issuer Royal Capital B.V. successfully priced a $350 million offering of senior guaranteed perpetual capital securities, guaranteed by ICTSI and structured to constitute equity under International Financial Reporting Standards (IFRS).

In line with a shared goal to support communities affected by Typhoon Yolanda, BDO Foundation and Consuelo Foundation constructed a new school building in the municipality of Mondragon, Northern Samar, that will benefit hundreds of underprivileged students.

Manila Water recently held a ceremonial groundbreaking for its Emergency Reservoir Project at the Cainta Elementary School in Barangay San Roque, Cainta, Rizal as part of its commitment to support local governments in disaster resiliency.

By Riza Lozada Traders expect the stock index to test the 9,400 level this year as a result of a positive economic outlook which will fuel corporate earnings, First Metro Investment Corp. (FMIC), the investment banking arm of the Metrobank Group, said.

Telecoms and digital services provider Philippine Long Distance Telecommunications (PLDT) and its mobile unit Smart Communications have signed a $28.5 million partnership with Chinese Huawei Technologies to improve the delivery of wireless services to its customers.

The Villar group of companies is allotting P175 billion in capital expenditures for the next three years, as it continues to grow its various businesses on the back of a strong economy.

Close to 100,000 Aklanons in three municipalities now have access to better health services as a result of a corporate citizenship initiative of the country’s largest bank.

By Riza Lozada Cement manufacturers were urged to take the initiative in going green and undertaking sustainable operations.

Motukea-impacted landowner community groups in Papua New Guinea (PNG) have signed a landmark agreement with International Container Terminal Services, Inc. (ICTSI), through its subsidiary, to establish a collaborative framework needed for the joint port project to move forward.

Universal bank Union Bank’s EON project has garnered recognition from numerous international award-giving bodies.