Metro Pacific Water Solutions (MPWS), a unit of the Metro Pacific Group, has signed a memorandum of understanding (MOU) with Hitachi Asia Ltd., a subsidiary of Hitachi Ltd., to explore potential joint projects in the water and wastewater management sector in the Philippines. In a statement, Metro...
Metro Pacific affiliate Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, expects to perform even better next year after turning its performance around in 2024. “Rising demand in key export markets continue to fuel our...
NLEX Corporation, a subsidiary of Metro Pacific Tollways Corporation, has retained its highest Issue Credit Rating of PRS Aaa with a Stable Outlook from the Philippine Rating Services Corporation (PhilRatings) for its outstanding fixed-rate bonds worth P6.0 billion. Obligations rated PRS Aaa are of...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
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...
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...
Former Public Works chief Rogelio L. "Babes" Singson has been hailed by the big business group Management Association of the Philippines (MAP) as its Management Person of the Year 2024. In a statement on Wednesday, Oct. 9, MAP said Singson, who is currently president and chief executive officer...
MPT DriveHub, the all-in-one travel companion app, now offers Compulsory Third-Party Liability (CTPL) Insurance to help you #DriveYourWay and stay protected. When renewing your vehicle registration, you must go through the process that includes choosing the right Compulsory Third Party Liability...
Metro Pacific Investments Corporation’s digital healthcare platform, mWell, reported that it has integrated Physiare Physical Therapy Center’s cutting-edge physical therapy offerings in the mWell HealthHub. In a statement, mWell said this collaboration provides users with seamless access...
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...
Metro Pacific Health Corporation (MPH), the leading private hospital group in the country, has acquired a majority stake in San Francisco Doctors Hospital (SFDH) in Agusan del Sur. The investment,. made with subsidiary Santos Clinic, Inc. (SCI) which owns and operates Manuel J. Santos Hospital...
MPCALA Holdings Inc., a unit of Metro Pacific Tollways Corporation, to complete the entire 45-kilometer Cavite-Laguna Expressway (CALAX) by the third quarter of 2025. In a statement, the firm said it will open the longest section of CALAX by the first quarter of 2025. The CALAX Governor’s Drive...
