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...
MVP-led company, MPT Mobility, earned the Bronze award for Best User Experience at the recently concluded Loyalty Engagement Awards 2025 in Singapore. The honor highlights the remarkable success of MPT DriveHub — an innovative travel companion app designed to revolutionize the daily commute on...
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...
ILOILO CITY — Water consumers in Metro Iloilo have been assured of a gradual rate increase from P20 to P28.67 per cubic meter. Metro Pacific Iloilo Water (MPIW) Commercial head Kathleen Sadio said they are implementing the increase in two phases beginning November when consumers will have to pay...
Metro Pacific Tollways Corp. (MPTC), a unit of Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC), is planning to use proceeds from its ₱20-billion bond offering to fund three tollway projects and refinance existing obligations. "This bond issuance aims to bolster...
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...
The Bases Conversion and Development Authority (BCDA) said it has yet to receive an updated offer from Metro Pacific Tollways Corp. (MPTC) for its proposed acquisition of the government’s 50-percent stake in Subic-Clark-Tarlac Expressway (SCTEX). BCDA President and Chief Executive Officer (CEO)...
