Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, reported a 118 percent jump in core net income last year to P2.53 billion from P1.16 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “Favorable and sustained...
Philex Mining Corporation, one of the country’s top gold and copper producers, expects its net income to have grown double digits in 2021 as it rides on high metal prices. “In terms of EBITDA growth and core income growth for Philex, it should be in the high teens for 2021 over 2020. Maybe even...
Metro Pacific Investments Corporation reported a 23 percent hike in consolidated core net income to P9.5 billion for the first nine months of 2021 from P7.7 billion in the same period last year. In a press briefing, MPIC President and CEO Jose Ma. K. Lim said “this substantial improvement from...
Philex Mining Corporation, the country’s top gold producer, reported a 116 percent jump in core net income to P1.87 billion in the first nine months of 2021 despite the challenges posed by the Covid-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm attributed the surge in...
Metro Pacific Investments Corporation has committed to fully support the ASEAN Green Initiative (AGI) led by the ASEAN Centre for Biodiversity (ACB) in line with the United Nations Decade on Ecosystem Restoration. “As the Philippines’ leading infrastructure investment Company, MPIC is...
Metro Pacific Investments Corporation (MPIC) reported a 13 percent improvement in consolidated core net income to P6.0 billion for the first half of 2021 from P5.3 billion in the same period last year. In a press briefing, MPIC President Jose Ma. K. Lim said “This is a substantial improvement...
Metro Pacific Investments Corporation (MPIC), through its operating companies and with the support of various businesses led by Manuel V. Pangilinan, launched its GABAY Advocacies that aimed to champion a sustainable Philippines through a two-hour digital concert featuring the country’s top OPM...
Metro Pacific Investments Corporation (MPIC) is interested in partnering with to other vaccine manufacturers globally to locally produce a COVID-19 vaccine as well as for other diseases since the Philippines has yet to produce a single vaccine of its own. “You know, if you're at it anyway, you...
Metro Pacific Investments Corporation reported a 272 percent surge in attributable consolidated net income to P7.0 billion in the first quarter of 2021 although core profits declined. In a media briefing, MPIC President Jose Ma. K. Lim said the firm’s bottomline benefitted from the gain...
Businessman Manuel V. Pangilinan has opened the MVP Group’s emergency quarantine facility with 240 individual air-conditioned quarantine tents and beds in Antipolo, Rizal for employees with asymptomatic to mild cases of COVID-19. This emergency quarantine facility will help decongest hospitals in...
Businessman Manuel V. Pangilinan is keen on investing in a proposed vaccine manufacturing in the country, according to a top executive of Glovax Biotech Corp., one of the proponents for a Philippine COVID-19 vaccine plant. MPIC Chairman Manuel V. Pangilinan Giovanni Alingog, president of Glovax -...
Metro Pacific Hospitals Holdings Inc. reported that it has vaccinated more than 13,000 healthcare workers in its 18 hospitals since the arrival of the first batches of the Sinovac and AstraZeneca vaccines in the Philippines in early March. The network’s three largest hospitals in terms of...