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...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
The rate of increase in consumer prices likely slowed to its lowest level since October 2020, with forecasts indicating a decline to 2.5 percent for September, from 3.3 percent in August. Stefan Angrick, Moody’s Analytics senior economist, explained that the significant decrease in inflation is...
Cebu Pacific Air, the Philippines' leading carrier, accepted its 12th aircraft delivery for 2024 — an A321neo — which it will use to support the airline’s ongoing network expansion and fleet modernization efforts. In a statement, Cebu Pacific said the newly added 236-seater aircraft touched...
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...
Cebu Pacific Air (CEB), the Philippines’ leading carrier, reported that it has received another A320neo, its 11th aircraft delivery for the year. In a statement, the Gokongwei Group’s airline said this is part of its commitment to expand its network and provide accessible air travel for...
Two German ships arrived in Manila port, which marked the first time in over 20 years, to emphasize Germany’s “global commitment” to a rules-based international order and “free and secure shipping routes,” German Ambassador to Manila Andreas Pfaffernoschke said on Monday, Sept. 16. ...
San Miguel-led New NAIA Infra Corporation (NNIC), the private entity assuming management of the Ninoy Aquino International Airport (NAIA) on September 14, assured the public that airport operations will continue as usual upon their takeover. In a statement, the firm said “Any future changes or...
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...
Campos-led Del Monte Pacific Limited is planning to raise funds via the selective sale of assets in the U.S. and injection of equity in the Group through strategic partnerships to lower leverage. However, the firm said in a disclosure to the Philippine Stock Exchange that the Group expects to incur...
Cebu Pacific Air is asking San Miguel Corp.-led New NAIA Infrastructure Corporation (NNIC) to ensure that all necessary operational support and systems are in place before any terminal changes are implemented. In a statement, the country’s largest carrier said that while it fully supports the...
