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Smart, Globe wrangle over mobile number portability issues

ABS-CBN News
Updated as of Oct 07 01:04 PM

The MNP, which took effect last Sept. 30, orders telcos to let postpaid and prepaid subscribers switch providers and keep their numbers for free. Read more »

PLDT says 'open' to idea of selling telco towers

Jessica Fenol, ABS-CBN News
Updated as of Aug 05 09:32 PM

PLDT said is looking at selling a certain number of telco towers that are not strategic in maintaining its position. Read more »

PLDT posts P15.2-B core income in H1, up 10 pct

ABS-CBN News
Posted at Aug 05 02:41 PM

PLDT said its telco core net income in the first six months of the year hit P15.2 billion, up 10 percent, helped by lower tax rates. Read more »

Homes galore for Hidilyn as Century Properties giving house to Olympian

ABS-CBN News
Posted at Jul 27 04:24 PM

Century's PHirst Park Homes Inc said it was awarding the property to Diaz "for her outstanding achievements as the Philippines’ first ever Olympic gold medalist."    Read more »

Regine, Lea, other OPM stars in digital concert for sustainable PH campaign

ABS-CBN News
Posted at Jul 14 03:57 PM

Regine Velasquez and Lea Salonga will lead some of biggest names in the music industry in a virtual concert on Wednesday, July 14, as MVP Group of Companies is set to launch its Gabay Advocacies for a Sustainable Philippines.   Read more »

How Al Panlilio plans to lead telco giant PLDT as new president, CEO

Bruce Rodriguez, ABS-CBN News
Posted at Jun 09 10:52 AM

Newly appointed president and CEO of PLDT Inc Alfredo Panlilio said he will build on the legacy that Manny Pangilinan started and anchor the telco giant to further success. Read more »

Manny Pangilinan steps down as president, CEO of PLDT Inc

ABS-CBN News
Updated as of Jun 08 05:12 PM

Tycoon Manny V. Pangilinan on Tuesday stepped down as president and CEO of telco giant PLDT Inc. Read more »

Metro Pacific net income drops 26 percent to P2.5 billion in Q1

ABS-CBN News
Posted at May 05 03:51 PM

Metro Pacific Investment Corp's net income dropped 26 percent in the first quarter to P2.5 billion due to decreases in toll road traffic, light rail services, and commercial and industrial demand for water and power.   Read more »

Meralco sees better sales in 2021 despite pandemic

Bruce Rodriguez, ABS-CBN News
Posted at Apr 26 10:21 PM

MANILA – The Philippines' biggest power distributor, Meralco, expects its performance to improve to near pre-pandemic levels in 2021 as it sees recovery across its different business segments. Read more »

MVP group opens COVID-19 quarantine facility for employees

ABS-CBN News
Posted at Apr 20 10:43 AM

Tycoon Manny Pangilinan has opened a quarantine facility located in Antipolo, Rizal for employees of the MVP group who are asymptomatic and with mild cases of COVID-19, its telco unit PLDT Inc said.   Read more »

MVP backs proposed exhibition between select PBA team, China

ABS-CBN News
Posted at Apr 10 07:43 PM

Samahang Basketbol ng Pilipinas (SBP) chairman Manny Pangilinan supported the proposal to hold an exhibition series between a select team from the PBA and China's superstars. Read more »

'Resounding yes!' says Manny Pangilinan on reopening economy amid pandemic

ABS-CBN News
Updated as of Apr 10 10:57 PM

MANILA - Businessman Manny Pangilinan on Saturday said he was all for reopening the economy just as Metro Manila and nearby provinces Laguna, Cavite, Rizal and Bulacan remained under the strictest quarantine level amid a surge in COVID-19 cases.   Read more »

'Fake news:' Manny Pangilinan denies claims he issued 'ECQ' advisory to employees

ABS-CBN News
Posted at Mar 27 02:52 PM

Businessman Manuel "Manny" Pangilinan on Saturday belied rumors that he warned employees of a supposed reimplementation of a lockdown to halt the spread of COVID-19.  Read more »

Metro Pacific hospital unit says over half of group's healthcare workers vaccinated

ABS-CBN News
Posted at Mar 15 09:34 AM

Metro Pacific Hospitals Holdings Inc said its network of 18 hospitals has vaccinated over 13,000 workers as of March 12. Read more »

PLDT says revenues hit 'all-time high' in 2020 as pandemic pushed data demand

ABS-CBN News
Posted at Mar 04 04:09 PM

PLDT Inc said telco core income jumped 4 percent to P28.1 billion in 2020 with revenues at an "all-time high" as the COVID-19 pandemic pushed millions of Filipinos to work and attend school online.    Read more »

Metro Pacific net income declines in 2020 as pandemic shrinks economy

ABS-CBN News
Posted at Mar 03 01:58 PM

Metro Pacific Investment Corp said Wednesday its consolidated core net income dropped 34 percent in 2020, amid the economic contraction brought on by the COVID-19 pandemic.  Read more »

Manny Pangilinan group helps store Sinovac vaccine in Marikina warehouse

ABS-CBN News
Posted at Mar 02 09:42 AM

The group of tycoon Manuel Pangilinan said Tuesday Metro Pacific Investment Corp through its logistics arm has "taken the initiative" to store batches of China's COVID-19 vaccine Sinovac in its facility.    Read more »

Meralco net income falls as pandemic shutters businesses, industries

Bruce Rodriguez, ABS-CBN News
Posted at Mar 01 07:48 PM

Meralco reported a 9-percent reduction in core net income for 2020 to P21.7 billion while reported net income saw a sharper 30 percent dive to P16.3 billion.   Read more »

Savings from CREATE tax cuts to be re-invested back to the economy: business leaders

Warren de Guzman, ABS-CBN News
Posted at Feb 17 10:59 PM

The country's top businessmen said the passage of a bill that will cut corporate taxes from 30 percent to 25 percent will attract not just foreign investors, but also re-investments from big local firms. Read more »

Valenzuela mayor says rumors on his family distract public from tollway issue

ABS-CBN News
Updated as of Dec 21 09:31 AM

Valenzuela City Mayor Rex Gatchalian on Monday belied rumors on his family that he said distract the public on the issue of heavy traffic in the city's tollway. Read more »