Day: August 26, 2025

Manila: Double Dragon Corp.’s proposed bond issuance, amounting to up to PHP10.9 billion, has been awarded the highest rating of RPS Aaa. This announcement was made by Double Dragon in a disclosure with the Philippine Stock Exchange (PSE). According to Philippines News Agency, Double Dragon anticipates that the Retail Bond Issuance will occur by September 2025, offering a fixed interest rate of 7.7 percent. The tenors for these bonds are planned to be 3.5 years and 5.5 years, which the company expects will showcase a positively robust capital market in the Philippines. Furthermore, the company mentioned that the proposed DD

Cagayan de oro: The National Telecommunications Commission (NTC) launched the nationwide broadband mapping system here on Tuesday, developed by engineers and information technology professionals from Northern Mindanao. NTC Commissioner Ella Blanca Lopez stated that the operation of the Quality of Service (QoS) and Broadband Mapping System serves as a toolkit for NTC offices to assist policymakers, investors, and local governments in providing prompt and data-driven information. According to Philippines News Agency, the initiative aims to offer consumers an improved experience through the ease of doing business in markets and institutions. “This is to establish clear and transparent benchmarks on (data)

Negros island: The Police Regional Office – Negros Island Region (PRO-NIR) has intensified its campaign to eliminate illegal firearms amid continued violations that led to the recent recovery of unlicensed guns in Negros Occidental. PRO-NIR Director, Brig. Gen. Arnold Thomas Ibay, said in a statement on Tuesday that they are committed to ensuring a safer, more peaceful region by curbing the proliferation of loose firearms. According to Philippines News Agency, on Monday, police operatives arrested Alfredo Castro, 38, in Barangay Tampalon, Kabankalan City for violating Republic Act 10591 or the Comprehensive Firearms and Ammunition Regulation Act. By virtue of a

Cagayan de oro: The city government on Tuesday opened the Cagayan de Oro City Primary Care Center-Tablon as part of its healthcare development plan. The primary care center is included in the city government’s PHP10-billion annual budget last year. According to Philippines News Agency, the Tablon Center will initially offer primary care to residents, especially in the city’s eastern villages, including outpatient consultation, pharmacy services, laboratory and diagnostics, and health education and preventive care. It is an extension of the Cagayan de Oro City Hospital and offers easier access to patients nearby. “Patients can now save money on traveling, with

Bacolod: The city government has secured the commitment of the Department of Public Works and Highways (DPWH) and the Almana Construction and Development Corp. to complete the PHP152-million diversion channel at the reclamation area by the end of 2025. Mayor Greg Gasataya met with Bacolod City District Engineering Office officer-in-charge Leah Jamero and Almana Construction president Ritchie Neil Corpuz at the Bacolod City Government Center on Tuesday. According to Philippines News Agency, Mayor Gasataya stated that key agreements were discussed for the flood control project’s completion, which began in 2023. The mayor mentioned that they aim for the diversion channel