Metro Pacific Investments Corporation’s (MPIC) digital healthcare arm mWell is pioneering the use of drones for the delivery of medicine in Southeast Asia in order to reach hard-to-access areas in the Philippines. In a statement, the firm said the service is designed to complement the...
Imagine a world where algorithms predict your love life, analyze your appliance purchases, and potentially solve global hunger. This isn't science fiction; it's the reality of artificial intelligence (AI) steadily weaving its way into our lives. But as AI reshapes industries and a new generation of...
Corruption and education are the top concerns of the country's top executives, represented by the Management Association of the Philippines (MAP), for 2025. In his inaugural address, MAP president Alfredo S. Panlilio said, "We will certainly address the following top 7 concerns of MAP members for...
West Zone concessionaire Maynilad Water Services Inc., a partnership between Metro Pacific Investments Corporation (MPIC), DMCI Holdings and Marubeni Corporation, is already talking to several banks in preparation for its planned $1 billion initial public offering (IPO). In an interview at the...
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Pangilinan-led Metro Pacific Investments Corporation (MPIC), is raising P30 billion to P50 billion in equity to pay for maturing obligations. In an interview at the sidelines of Management Association of the Philippines general membership...
Regulators have given the green light to an alliance between a trio of Philippine energy giants, granting them control over the integrated liquefied natural gas (LNG) project in Batangas province. The Philippine Competition Commission (PCC) announced on Monday. Dec. 23, it approved a joint...
Terra Solar Philippines, a subsidiary of SP New Energy Corp. (SPNEC), has commenced construction on the world's largest solar and battery power facility in the Philippines, following a successful contract with a Chinese energy firm. The groundbreaking ceremony, held on Thursday, Nov. 21, marked the...
Pangilinan-led PLDT Inc. saw its net income in the first nine months of the year inch up by one percent to P28.1 billion from the P27.9 billion reported in the same period last year on the back of sustained growth in its core businesses. During the same period, PLDT reported its core income rose by...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
Manuel V. Pangilinan-led Manila Electric Company has put up a new switching station for a data center in Sta. Rosa, Laguna. Meralco’s new infrastructure will support the power needs of VITRO Inc.'s AI-powered hyper-scale data center. VITRO is a subsidiary of ePLDT and the data center arm of the...
Pangilinan-led conglomerate Metro Pacific Investments Corporation (MPIC) is selling its 50 percent stake in Philippine Coastal Storage & Pipeline Corporation (PCSPC) for about $255 million (P14.55 billion). In a statement, MPIC said it has entered into a definitive agreement to sell its stake...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
