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NLEX Corp. bonds retains top rating

NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest
Nlex Corporation Metro Pacific Group Philippine Rating Services Corporation Philratings Department Of Public Metro Pacific Tollways Corporation Issue Credit Rating
Source: mb.com.ph

Newbie mining firm acquires iron ore MPSA in Zamboanga

DAVAO CITY—A newcomer into the mining operation recently acquired the Mineral Production Sharing Agreement (MPSA) of an iron ore mining area in Zamboanga del Sur, and a coal mine area in Zamboanga Sibugay. The Mount Zynai 0304 Mining Corp., wholly owned by Filipino businessmen and with headquarters here, disclosed that it…
Davao City Zamboanga Del Norte Pagadian City Province Of Zamboanga Sibugay Zamboanga Sibugay Zamboanga Del Sur

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Focus more on long-term investments than debt payments: solon

Albay Rep. Joey Salceda (File photo) MANILA - The chairperson of the House Ways and Means Committee on Tuesday said while the country's debt levels are still manageable, the government should be investing more in long-term, growth-creating programs rather than debt payments. Albay Representative Joey Salceda emphasized the need to bring the infrastructure and long-term investments to a healthy level than debt payment. He, however, pointed out that the capital outlays for the fiscal year 2022...
The Philippines Fidelv Ramos Joey Salceda Rodrigo Roa Duterte Bureau Of The Treasury Btr Means Committee On

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