Telecommunications giant PLDT Inc. is banking on the contributions of its fast-growing fintech arm Maya to spur growth in earnings at a time when overall demand for telco services is flat and its first half performance posted a slim growth. In a disclosure to the Philippine Stock Exchange, PLDT...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
In the late 2000s, Philippine business saw an intense corporate war as two of the country 's most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco)....
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
Manuel V. Pangilinan-led listed upstream oil and gas company PXP Energy Corp. has increased its stake in Canada’s FEC Resources Inc., which holds a key interest in an oil and gas exploration project off Palawan. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Aug. 1, PXP Energy...
The long-awaited transfer of a Manila Electric Co. (Meralco) stake to San Miguel Corp. has quickly created new ripples in the local business scene, with tycoon Manuel V. Pangilinan’s group signaling its interest in acquiring those very shares. Pangilinan, who serves as Meralco’s chairman and...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) increased its consolidated core net income (CCNI) by a tenth to ₱25.5 billion in the first half of 2025 on the back of the growth of its power generation business. During a media briefing on Monday, July 28, Meralco Senior Vice President and...
Manuel V. Pangilinan-led Metro Pacific Agro Ventures (MPAV) is solidifying its dominance in the domestic food-grade coconut export industry with the acquisition of the Franklin Baker Group of Companies, hot on the heels of its recent stake in Axelum Resources Corp. In a statement, MPAV said it...
Metro Pacific Investments Corporation’s subsidiary mWell has decided not to remain just a digital platform and has officially launched its first Primary Care Facility (PCF) in Main Square Mall, Bacoor City. “While a fully integrated digital platform, mWell built the PCF to showcase its Digital...
Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
Tycoon Manuel V. Pangilinan, president and chief executive officer (CEO) of PLDT Inc., warned that certain provisions of the Konektadong Pinoy bill could be exploited to foster an unfair playing field in the local telecommunications sector. Pangilinan issued the statement during PLDT’s 2025...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making moves in the distribution utility (DU) and its generation business through an ongoing partnership with South Korea. In an ambush interview with Ronnie L. Aperocho, Meralco’s executive vice president and chief operating officer...
