Pangilinan-led Metro Pacific Investments Corp. (MPIC) sustained its strong growth momentum in the first nine months of 2025, with consolidated core net income rising 14 percent to ₱23.6 billion from ₱20.8 billion for the same period last year. The firm said improved financial and operational...
Hong Kong — Metro Pacific Investments Corp. (MPIC) has revived plans to secure strategic investors for its tollways business in a bid to ease its significant debt burden. Chaye Cabal-Revilla, MPIC chief finance, risk, and sustainability officer, said the conglomerate is seeking to sell a 20...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Metro Pacific Investments Corp. (MPIC) is considering selling its stake in the private operator of the Light Rail Transit Line 1 (LRT-1) as losses continue to mount, according to business titan Manuel V. Pangilinan. “We continue to lose money on LRT-1, and I think we’re considering selling...
Axelum Resources Corp., the country’s leading manufacturer and exporter of coconut food products, reported an 88-percent surge in net income to ₱636 million in the first nine months of 2025 due to higher volumes and selling prices. In a disclosure to the Philippine Stock Exchange (PSE), the...
Metro Pacific Investments Corp. is committed to regaining majority control over Metro Pacific Hospitals Corp. (MPHC) six years after it had decided to trim down its interest to 20 percent to raise funds for its other ventures. In an interview, MPIC Chief Finance, Risk, and Sustainability Officer...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) expects to sustain its double-digit growth trajectory when it reports its third-quarter financial performance in November. In an interview, MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal-Revilla said the company’s...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm mWell has partnered with the Department of Information and Communications Technology (DICT) to explore the integration of healthcare services into the government’s eGov PH App. According to MPIC, the collaboration aims to create...
Metro Pacific Tollways Corp. (MPTC) plans to raise up to ₱20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering. Philippine Rating Services Corp. (PhilRatings) said MPTC is...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm, mWell, has launched the country’s first fully digital health identity designed to enable Filipinos to carry their complete personal health records in their pocket. Accessible via the mWell app, the mWell Health ID serves as a...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
