MANILA - Deposit ratings of four banks as well as the senior unsecured rating of the estate-owned National Power Corporation have been upgraded by Moody’s Investor Service.

Ratings of the Sy-led Banco de Oro Unibank, the Ayala-led Bank of the Philippine Islands, estate-owned Land Bank of the Philippines, and the Ty-led Metropolitan Bank & Trust Company were upgraded to Baa2/Prime-2 from Baa3/Prime-3.

Relatively, ratings of the NPC was upgraded to Baa2 with stable outlook, similar to that of the Philippine government’s long-term foreign currency and local currency rating, which the debt watcher also upped Thursday.

L’Fisher offers holiday treats

Enjoy the festive spirit this holiday season at L’Fisher Hotel. Invite family and friends to a delightful yuletide treat with L’Fisher’s special deals this Christmas, a press release from the hotel said.

For two consecutive Saturdays, there will be live performances at L’Fisher Hotel Lobby while guests enjoy the sumptuous Dinner Buffet at the Ripples Restaurant. Westboarders Jazz Trio will delight them with their favorite jazz music on the 13th of December from 7 p.m. to 8:30 p.m. and on December 20, Joshua Pineda, the 2011 Junior Grand Vocalist Champion of the World, will perform his own rendition of Michael Buble classics from 7 p.m. to 8:30 p.m.

On Christmas Eve, December 24,  the USLS Chorale will provide pleasure to listening ears with their wonderful voices as they sing  favorite Christmas Carols for diners at the Ripples Restaurant from 7 p.m. to 8:30 p.m. Little kids will get candy treats from Santa Claus on December 25 from 11 a.m. to 2 p.m. and 6 to10 p.m., the press release said.

Tractorco showcases
technology advances

Tractorco Company Inc.'s first “Tractorco Agrimechanica 2014” held Wednesday succeeded in showcasing how modern machineries can increase farm productivity.

The first-ever event of its kind, initiated and held by British-based Tractorco Company was held at the company's shop in Barangay Bubog, Talisay City, Negros Occidental, a press release from the firm said.

The well-attended activity was attended by private and government executives and officials who witnessed machinery demonstrations, such as stationary forage choppers and hammer mills, a cane loader and forage wagon for collecting cane and rice trash, it added.

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