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MPIC improves offer for MRT-3 rehab

2017-08-16 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) has submitted to the Duterte administration a much improved unsolicited proposal to rehabilitate and improve Metro Rail Transit 3 (MRT-3) which includes a two-year moratorium on fare increases.

MPIC claims for overdue toll adjustments bloat to P7.5 B

2017-08-14 philstar
MANILA, Philippines - Metro Pacific Investments Corp.’s claims for overdue toll adjustments  for the North Luzon Expressway (NLEX) and Manila-Cavite Toll Expressway (CAVITEX) have reached P7.5 billion as of June, NLEX Corp. president and chief executive officer Rodrigo Franco told reporters, yesterday.

GT Capital set P50-B 2017 capex

2017-08-13 philstar
MANILA, Philippines -  GT Capital Holdings Inc., the listed conglomerate of tycoon George Ty, is collecting in roughly P50 billion for capital expenditure this year, slightly lower than the P52 billion set aside last year, a ranking official said.

GT Capital core profit up 19%

2017-08-11 philstar
MANILA, Philippines - GT Capital Holdings Inc. of tycoon George Ty reported a core net income of P7.4 billion in the first half of the year, up 19 percent year on year.

MPIC readies bid for P60-B C5 Expressway

2017-08-07 philstar
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. is planning to submit within the year the complete proposal for the P60-billion C5 Expressway.

MPIC to work within new gov’t infra framework

2017-08-06 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) said it is willing to work within the government’s new framework for infrastructure projects.

MVP eyes majority stake in Air21

2017-08-06 philstar
MANILA, Philippines -  The MVP Group wants a majority stake in Air21 as it sees the highly lucrative and less regulated logistics industry as the emerging battlefront among conglomerates.

MPIC first-half core profit up 17% to P7.8B

2017-08-04 business.inquirer.net
Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) grew its first semester core profit by 17 percent year-on-year to P7.8 billion on the back of an expanded power portfolio alongside higher earnings from its tollroad and hospital businesses.

Metro Pacific core income rises to P7.8 B

2017-08-04 philstar
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) reported a 17 percent increase in its core net income in the first half to P7.8 billion as it expanded its presence in the power sector.

Metro Pacific aims for P13.3B core profit

2017-08-04 business.inquirer.net
Metro Pacific chair Manuel V. Pangilinan and chief finance officer David Nicol in a press briefing on Aug. 4, 2017

MPIC lands in global top 50 list for excellent investor relations

2017-07-29 philstar
MANILA, Philippines - Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) recently made it to an international publication’s list of the 50 leading firms in investor relations (IR).

Market posts modest gain

2017-07-25 business.inquirer.net
The Philippine Stock Exchange Index yesterday posted a slight gain, although trading was light and equities elsewhere in the region weakened on concerns about the economy and politics in the United States ahead of a vote on healthcare reform.

Government told to pay Maynilad P3.4 B

2017-07-25 philstar
MANILA, Philippines - West Zone concessionaire Maynilad Water Services Inc.  has won its arbitration case against the government over the losses it incurred from the delayed implementation of the tariff hike.

Asean stocks tepid as investors look for US rate hike hints

2017-07-25 themalaymailonline
Singapore shares rose as much as 0.5 per cent, led by financial and telecom stocks. — Reuters picSINGAPORE, July 25 — South-east Asian stock markets marked time today ahead of a US Federal Reserve meeting later in the day as investors looked for hints on the timing of the Fed's next policy tightening.

MPIC mulls P20-B Cavitex-Port Area expressway

2017-07-24 philstar
Metro Pacific Tollways Corp. president and chief executive officer Rodrigo Franco told reporters the proposed expressway has an initial project cost of P20 billion. STAR/File

MRT-7 seen completed, ready for operations in 2019

2017-07-20 business.inquirer.net
Conglomerate San Miguel Corp. (SMC) is keeping its 2019 completion target for the massive Metro Rail Transit Line 7, despite right-of-way issues that typically delay big-ticket infrastructure projects.

MPIC to bid for Clark airport operations, maintenance

2017-07-16 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) is joining the planned bidding of the operations and maintenance of the Clark International Airport in Pampanga.

PH shares close marginally higher in volatile trading

2017-07-07 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) swung between gains and losses Friday, following volatility in markets overseas.

BCDA taps MPIC, French firm for study on Clark international food market

2017-07-07 philstar
MANILA, Philippines -  The Bases Conversion and Development Authority (BCDA) has teamed up with infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) and French firm Semmaris for a feasibility study on the development of an international food market in New Clark City.

MPIC bags ‘Benchmark of Excellence’ plums at Asian Excellence Awards

2017-07-02 philstar
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) recently won “Benchmark of Excellence” awards in the areas of investor relations, environmental communications and corporate governance in the 7th Asian Excellence Awards 2017 organized by Corporate Governance Asia, the most authoritative corporate governance journal in Asia.

MPIC submits proposal for P25-B CTBEX project

2017-06-26 philstar
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) has submitted to the Department of Public Works and Highways (DPWH) an alignment proposal to build an expressway to connect Cavite, Tagaytay and Batangas for P25 billion.

MPIC to resubmit P50 B C-5 overhead expressway proposal

2017-06-25 philstar
MANILA, Philippines - The tollway arm of Metro Pacific Investments Corp. (MPIC)  intends to resubmit to the government a proposal to build a P50 billion overhead expressway along C-5.

Maynilad earmarks P21 B for 4 new sewage facilities

2017-06-23 philstar
MANILA, Philippines -  West Zone concessionaire Maynilad Water Services Inc. is investing P21 billion for the construction of four sewage treatment plants (STPs) in the next five years as part of its wastewater management program.

MPIC open to settlement on NLEX, Cavitex toll claims

2017-06-21 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) is open to a settlement with the government for its compensation claims in relation to overdue toll adjustments for the North Luzon Expressway (NLEX) and Manila-Cavite Toll Expressway (Cavitex).

Calax Laguna segment breaks ground

2017-06-19 philstar
MANILA, Philippines - Metro Pacific Investments Corp. subsidiary MPCALA Holdings Inc., which broke ground for the Cavite-Laguna Expressway (Calax) yesterday, expects to seal before the end of the month the P23.6 billion loan agreement with banks to fund the construction of the project.

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