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MPIC targets to acquire at least 2 more logistics companies

1h bworldonline
INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) is strengthening its logistics business with plans to acquire two to three logistics firms in the coming years. (14-0)

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 taps P8-B syndicated loan facility

Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) has tapped a syndicated term loan facility worth P8 billion partly to trim the debt of its electricity business unit. (13-0)

Megawide-SSS group to bid for NAIA rehabilitation

2018-01-12 bworldonline
DIVERSIFIED engineering conglomerate Megawide Construction Corp. and Social Security System are planning to submit to the government an unsolicited proposal for the rehabilitation of Ninoy Aquino International Airport (NAIA). (8-0)

MPIC avails of P8-B loan facility

2018-01-12 bworldonline
METRO Pacific Investments Corp. (MPIC) has secured an P8-billion syndicated term loan facility to partially finance the obligations of one of its subsidiaries. (17-0)

MPIC signs P8-B loan facility

2018-01-12 beta.philstar
MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) has signed a syndicated  term loan facility amounting to P8 billion. (20-0)

NLEX to spend P19 B for tollway projects this year

2018-01-11 beta.philstar
MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. is alloting P19 billion in capital expenditures for tollway projects this year. (5-0)

MPIC seen to complete tech review of MRT-3 this month

2018-01-11 beta.philstar
MANILA, Philippines — The Department of Transportation (DOTr) expects Metro Pacific Investments Corp. (MPIC) to complete its technical due diligence for its unsolicited proposal for the Metro Rail Transit Line 3 (MRT-3) this month. (5-0)

Philippines, Japan on track for new MRT deal

2018-01-09 bworldonline
THE PHILIPPINE and Japanese governments are on track to ink a deal for a new maintenance contract for the Metro Rail Transit-3 (MRT-3). (9-0)

Metro Pacific unit sets 2018 capex at P10 B

2018-01-08 beta.philstar
MANILA, Philippines — Metro Pacific Investments Corp. unit Metro Pacific Tollways South Corp. has set its capital expenditures at P10 billion this year, with the bulk to be spent for projects such as the Cavite-Laguna Expressway (CALAx) and C-5 South Link. (5-0)

Business looks southward even as reality hits home

2018-01-07 bworldonline
THE RISE to power of President Rodrigo R. Duterte fuelled hopes of finally ending decades of insurgency in Mindanao to help unlock its potential as an investment haven. (29-0)

MPIC’s Shore it Up program bags Asia environment award

2018-01-07 beta.philstar
MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) recently won the platinum award for excellence in environmental, social and corporate governance, including the best initiative on environmental responsibility for its Shore it Up program at the Asset Corporate Awards in Hong Kong.   (5-0)

Construction of R-10 harbor link to start this year

2018-01-01 bworldonline
CONSTRUCTION of the Radial Road (R-10) section of the North Luzon Expressway Harbor Link Segment 10 is set to begin early this year. (9-0)

CAVITEx toll fee hike proposed

2018-01-01 bworldonline
CAVITEX INFRASTRUCTURE Corp. (CIC) and the Philippine Reclamation Authority (PRA) have proposed a toll fee increase for the R-1 Expressway and R-1 Expressway Extension of the Manila-Cavite Expressway (Cavitex). (9-0)

DOTr seeks new firm for MRT-3 maintenance

2017-12-29 philstar
MANILA, Philippines — The Department of Transportation (DOTr) wants to get a new firm for the maintenance and rehabilitation of the metro’s train system to start as early as April next year to restore the reliability of the system which continues to suffer from frequent breakdowns. (5-0)