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Philippine Rating Services Corporation, known as PhilRatings is a rating agency in the Philippines. [1] PhilRatings provides credit ratings for bonds, commercial paper, banks and other financial institutions, local governments, project finance transactions and asset-backed securities. [1] It is an affiliate of Standard & Poor's. [1]
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
This subsidiary, a joint venture between First Holdings and the Sunpower of the United States, aims to develop the solar energy industry in the Philippines and to compete with companies providing wafer-slicing services in China, Japan, and Germany. The Philippines was not spared from the global financial crunch of 2008, and so was First Holdings.
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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, [4] PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Fortune International, Hope Luxury, Marlboro, and More, among others.
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The major functions of the SEC include the registration and supervision of corporations, including financing and lending companies. It is also charged with the registration of securities, analysis of every registered security, and the evaluation of the financial condition and operations of applicants for security issue. [4]