From left: Jonel Carcueva, Junreck Carcueba, Rustom Lim, Mervin Corpuz, Mark Joseph Lobiano, John Paul Laureta, Khyll Lequin, and Riener Lim. Whether chasing medals or chasing horizons, MPT DriveHub , the travel companion app of Metro Pacific Tollways Corporation (MPTC), believes every journey...
Metro Pacific Investments Corp. (MPIC) is aiming to seal a deal to sell about 20 percent of subsidiary Metro Pacific Tollways Corp. to a foreign strategic investor in the next two months. In an interview, MPIC Chairman, President and CEO Manuel V. Pangilinan said they have whittled the number of...
The long-awaited implementation of a unified collection system for the country’s tollways is expected to begin this year alongside the full adoption of a cashless toll policy, according to the Toll Regulatory Board (TRB). TRB Executive Director Alvin Carullo said the cashless collection on...
The Department of Transportation (DOTr) announced on Saturday, Feb. 15, that the implementation of cashless toll collection on major tollways in Luzon will start next month, specifically on March 15. Citing information from the Toll Regulatory Board (TRB), the DOTr said this means that all...
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Pangilinan-led Metro Pacific Investments Corporation (MPIC), is raising P30 billion to P50 billion in equity to pay for maturing obligations. In an interview at the sidelines of Management Association of the Philippines general membership...
MPT Mobility has been recognized with the prestigious Best Philippine Customer Experience of the Year award at the 2024 Asian Experience Awards for the #DriveYourWay campaign for MPT DriveHub. As the digital innovations arm of the Metro Pacific Tollways...
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...
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...
Tollroads operated and managed by conglomerate San Miguel Corporation (SMC) remain business as usual and flood-free despite the heavy downpour caused by Typhoon Kristine. In a statement on Thursday, Oct. 24, SMC said that it placed a quick response team on heightened alert to provide assistance to...
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...
San Miguel-led SMC Tollways Corporation is planning to raise up to P35 billion from a proposed bond issuance to fund and support the continued expansion and operation of the Skyway System. Philippine Rating Services Corporation (PhilRatings) said it has assigned SMC Tollways’ planned issuance...