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Metro Pacific eyes P12-B profit despite Delta threat

Bruce Rodriguez, ABS-CBN News
Posted at Aug 04 06:51 PM

MPIC president and chief executive officer Jose Ma Lim said all of the company’s businesses are doing well, especially the hospitals. Read more »

Metro Pacific 'interested' in local manufacture of COVID-19 vaccines, boosters: MVP

Bruce Rodriguez, ABS-CBN News
Posted at May 28 04:56 PM

Philippine infrastructure conglomerate Metro Pacific Investments Corp is interested in the local manufacture of vaccines against COVID-19. Read more »

GT Capital net income up 60 percent in Q1 as Metrobank, Toyota surge

ABS-CBN News
Posted at May 18 09:58 AM

GT Capital Holdings said it booked a net income of P4.1 billion in the first quarter, up 60 percent from P2.5 billion in the same period of last year.    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 »

Metro Pacific says talks for investments in Discovery World Corp 'ongoing'

ABS-CBN News
Posted at Mar 15 12:52 PM

etro Pacific Investment Corp said Monday there are "on going" talks on potential investment in the Tiu family's Discovery World Corp.    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 »

Meralco PowerGen absorbs, buys out 100 pct of Global Business Power

ABS-CBN News
Posted at Dec 23 04:48 PM

Meralco PowerGen Corp (MGen), the power generation firm of Meralco, acquired 100 percent ownership of Global Business Power Corp (GBP) in a move to organize the group's power assets. Read more »

Metro Pacific, partner acquire largest petroleum import terminal in PH

ABS-CBN News
Updated as of Dec 09 12:53 PM

Metro Pacific Investments Corp on Wednesday said it will acquire Philippine Coastal Storage & Pipeline Corp (PCSPC), the largest petroleum products import terminal in the country as it diversifies its portfolio and invest in new revenue streams. Read more »

Megawide commits 'no flight delays' within 6 months after NAIA rehabilitation

ABS-CBN News
Posted at Nov 27 01:48 PM

Megawide committed on Friday that there will be no flight delays after 6 months of taking over operations of the Ninoy Aquino International Airport (NAIA), confident of their expertise in airport operations. Read more »

Metro Pacific income down in Jan- Sept period, eyes recovery in 2022

ABS-CBN News
Posted at Nov 04 09:38 PM

Metro Pacific Investments Corp said revenues and profits should bounce back to 2019 levels by 2022. Read more »

NLEX hiring 1,500 workers to ramp up connector project

ABS-CBN News
Posted at Sep 29 03:32 PM

Displaced OFWs will be given priority in the hiring, said NLEX president and general manager Luigi Bautista.  Read more »

Metro Pacific says cash pile cushioning impact of pandemic as income falls

ABS-CBN News
Posted at Aug 05 09:06 PM

Metro Pacific Investments Corp on Wednesday said it has enough cash to cushion itself from the impact of the COVID-19 pandemic even as its net income fell sharply in the first half.  Read more »

Metro Pacific net income down 6 percent in Q1 due to virus, regulatory reviews

ABS-CBN News
Posted at May 06 09:57 PM

Metro Pacific Investments Corp (MPIC) on Wednesday said its core net income from January to March dropped 6 percent to P3.4 billion due to the COVID-19 outbreak and regulatory reviews of its water concession. Read more »

Pangilinan's Metro Pacific recasts investment plan with Maynilad under fire

ABS-CBN News
Posted at Feb 26 03:29 PM

"Discretionary spending" on top of its infrastructure commitments will divert to warehousing, real estate and tourism. Maynilad will also be unable to pay dividends, Pangilinan said. The company is "committed" to current projects, he said. Read more »

Cavite segment of Cavite-Laguna Expressway breaks ground

ABS-CBN News
Posted at Mar 27 08:42 PM

MANILA - Construction has started on the 27-kilometer Cavite segment of the Cavite-Laguna Expressway (CALAX), the Department of Public Works and Highways (DPWH) said Wednesday.    Read more »