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Headline News

MPIC hopes to get original proponent status for CTBEx

2018-02-11 bworldonline
THE METRO PACIFIC group is expected to secure original proponent status (OPS) for the Cavite-Tagaytay-Batangas Expressway (CTBEx) this month. (9-0)

RHI narrows net loss in Q1

2018-02-08 bworldonline
ROXAS HOLDINGS, Inc. (RHI) narrowed its net loss by 2% during the first quarter of crop year 2018, as revenues surged on higher volume of sugar sold.

CALAEx Laguna Blvd-Mamplasan section to open by December

2018-02-08 bworldonline
THE LAGUNA Boulevard to Mamplasan section of the Cavite-Laguna Expressway (CALAEx) can be opened by December, according to Department of Public Works and Highways (DPWH) Secretary Mark A. Villar. (9-0)

Construction of LRT extension to Cavite possible by midyear

2018-02-02 bworldonline
LIGHT RAIL Manila Corp. (LRMC) may start by midyear the construction of the Light Rail Transit (LRT)-1 extension to Cavite. (4-0)

MPTC to raise P35 billion for 2 projects

2018-01-28 bworldonline
METRO PACIFIC Tollways Corp. (MPTC) plans to raise P35 billion during the first quarter to fund its Cavite-Laguna Expressway (CALAX) and the C-5 South Link project. (4-0)

Metro Pacific eyes Malaysian toll road deal within the year

2018-01-16 bworldonline
METRO PACIFIC Investments Corp. (MPIC) is looking to close an agreement for a tollways venture in Malaysia this year. (9-0)

MPIC tollways unit allots P10B for south projects

2018-01-07 bworldonline
METRO PACIFIC Tollways Corp. (MPTC) is set to spend P10 billion this year for its projects located in the south of Metro Manila. (4-0)

Number of start-ups expected to pick up next year

2017-12-25 bworldonline
A LOCAL public-private start-up incubator expects a rise in the number of technology-based business models in the Philippines next year as digitally innovative businesses continue to increase overseas.

Big firms team up for NAIA rehab

2017-12-21 bworldonline
SEVEN MAJOR COMPANIES, including some of the country’s biggest conglomerates, have formed a consortium to rehabilitate, operate and maintain Ninoy Aquino International Airport (NAIA), those listed among them said in separate disclosures on Thursday. (42-0)

MAP names Maynilad’s Fernandez as new president

2017-12-16 philstar
MANILA, Philippines — The Management Association of the Philippines (MAP) named recently Maynilad Water Services president and CEO Ramoncito “Mon” Fernandez as president for 2018, the 69th person to hold the post since MAP’s inception in 1950.  (5-0)

Lopez-Consunji venture bags P22.6-B Cebu project

2017-12-04 bworldonline
A CONSORTIUM COMPOSED of the Lopez and Consunji groups and Spain’s Acciona Construccion S.A. has bagged the P22.6-billion contract to build and design the Cebu-Cordova Link Expressway (CCLEx), the Metro Pacific group’s first tollway project in the Visayas. (4-0)

MPIC sets P653-B capex for next 5 years

2017-11-16 bworldonline
SYDNEY, AUSTRALIA — Metro Pacific Investments Corp. (MPIC) will be setting aside P653 billion in capital expenditures for the next five years, as it continues to grow its toll roads business both in the Philippines and across the Southeast Asian region, as well as undertake projects under its power, water, hospital, and rail businesses. (12-0)

Canada snares Aussie milk giant for $1.3bn

AUSTRALIA’S biggest diary processor, Murray Goulburn Cooperative, has been sold for $1.3 billion as ownership of another prized Australian food business goes offshore. (5-0)

Mess transit system

In July last year, Transport Secretary Arthur Tugade promised to fix the Metro Rail Transit Line 3 (MRT-3) along Edsa in the first 100 days of the motorbiking Duterte Harley administration. I almost cried when he vowed to give the public a pleasant ride.

Indofoods - Trading At A Decent Valuation

2017-09-24 seekingalpha
Indofoods (OTCPK:PIFMY)(OTCPK:PIFMF) is one of the largest producers of noodles in the world and is the Pepsi distributor of Indonesia. The stock trades at a decent valuation, profit margins are high, and sales have gone through the roof.