The Manila Electric Co.’s (Meralco) net income posted a double-digit surge last year, fueled by the improved power generation and retail electricity operations, as well as an uptick in energy sales through its distribution utility (DU) business. Meralco, the largest power retailer in the country,...
Despite the pandemic-induced recession, PLDT is on track to haul in one million new Fiber customers for 2021, after netting over 478,000 new Fiber-to-the-Home (FTTH) subscribers for the first half of the year. “We stay focused on serving our customers, especially during this crisis, being a...
After 23 years at the helm of PLDT Inc., Manuel V. Pangilinan today (June 8) officially passed his baton as President and CEO baton to chief revenue officer Alfredo "Al" S. Panlilio during the telco's virtual annual stockholders' meeting. ASPanlilio-1000x620 Pangilinan, 75, stays on as chairman of...
A joint venture firm between Metro Pacific Water (MPW), part of a conglomerate led by business magnate Manuel V. Pangilinan; and the Dumaguete City Water District (DCWD) had officially commenced operations this February 1 for improved water supply and services to customers in Dumaguete City and...
Pangilinan-led PXP Energy Corporation is seeking the imprimatur of the Philippine government as to the next steps it must pursue relative to its joint exploration deal with China National Offshore Oil Corporation (CNOOC) for oil and gas exploration at the Recto Bank offshore northwest Palawan...
A modernizing PLDT Inc. will upgrade all customers still using its old, ordinary, copper telephone wires to fiber in the next 18 months, boosting internet speeds for free. "We will grow our business by helping our customers – and the country – rebuild their lives and livelihoods with powerful...
