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...
Tycoon Manuel V. Pangilinan, who leads one of the biggest conglomerates in the country, warns of the adverse impact of the corruption scandal on the Philippine economy and credit ratings. Speaking at the 57th FINEX annual conference, he said that, because of this corruption scandal, “government...
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...
Integrated telecommunications firm PLDT Inc. is taking charge of the MVP Group of Companies’ push for hyper-personalized customer experience by boosting its stake in data unit, Kayana Solutions Inc. In a disclosure, PLDT said it has executed a subscription agreement for 594 million additional...
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)...
Globe Telecom Inc. is confident that the recent moves by regulators to lessen the involvement of e-wallets in online gaming will not affect the growth trajectory of its GCash business, which has a diversified revenue stream. In an interview on Monday, Aug. 18, Globe Telecom President and Chief...
Telecommunications giant PLDT Inc. is banking on the contributions of its fast-growing fintech arm Maya to spur growth in earnings at a time when overall demand for telco services is flat and its first half performance posted a slim growth. In a disclosure to the Philippine Stock Exchange, PLDT...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
In the late 2000s, Philippine business saw an intense corporate war as two of the country 's most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco)....
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
Manuel V. Pangilinan-led listed upstream oil and gas company PXP Energy Corp. has increased its stake in Canada’s FEC Resources Inc., which holds a key interest in an oil and gas exploration project off Palawan. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Aug. 1, PXP Energy...
