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Metro Pacific upbeat on water business outside Metro Manila

SYDNEY—The Metro Pacific group sees potential for its water business outside greater Metro Manila to sell twice as much as the volume of Maynilad Water Services Inc. in the coming years, citing vast opportunity in the privatization of water infrastructure in urbanizing regions. (5-0)

Metro Pacific to ramp up water business expansion

7h bworldonline
SYDNEY, Australia ― Metro Pacific Investments Corp. (MPIC) is ramping up the expansion of its water business outside of Metro Manila, as it eyes 26 projects in partnership with local water districts. (11-0)

Metro Pacific water unit gears up for expansion

7h philstar
SYDNEY – Metro Pacific Water, the water unit of infrastructure conglomerate Metro Pacific Investments Corp. for operations outside Metro Manila, has identified a number of water districts to take over or partner with in line with its aggressive expansion plan in the coming years. (5-0)

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)

Remittances reports turn off market; PSEi down 1.27%

The benchmark Philippine Stock Exchange index yesterday sank as investors were disappointed with the latest results on overseas remittances, a pillar of the country’s economy. (23-0)

Aggressive JG Summit-FDC Clark Airport offer provokes rivals

Rival bidders eyeing the Clark International Airport in Pampanga province were caught off guard when the consortium of Filinvest Development Corp. and JG Summit Holdings submitted a new offer to develop and operate the gateway to the tune of P839 billion. (13-0)

Filinvest, JGS tap Changi for Clark proposal

2017-11-14 bworldonline
FILINVEST Development Corp. (FDC) and JG Summit Holdings, Inc. (JGS) submitted a new unsolicited proposal worth P839 billion to develop Clark International Airport as the country’s second international gateway. (13-0)

Metro Pacific Investments Corp. ADR 2017 Q3 - Results - Earnings Call Slides

2017-11-12 seekingalpha
The following slide deck was published by Metro Pacific Investments Corp. ADR in conjunction with their 2017 Q3 earnings call. (5-0)

GT Capital profit rises 19% to P11 B

2017-11-10 philstar
MANILA, Philippines — GT Capital Holdings Inc. reported a 19 percent growth in core net income to P11 billion as it continued to benefit from strong domestic demand. (7-0)

More holding firms turn in positive results

2017-11-10 bworldonline
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine months to September. (52-0)

Metro Pacific buys into Vietnamese water company

2017-11-10 bworldonline
PHILIPPINE-listed infrastructure giant Metro Pacific Investments Corp. (MPIC) has forayed into the Vietnamese water market thru a P615-million deal that gives it a 45% stake in a contractor at one of Vietnam’s economic zones. (9-1)

Indonesia wants to tap Philippine firms for infra projects

2017-11-09 philstar
JAKARTA, Indonesia – The Indonesian government is encouraging Philippine firms to invest in infrastructure projects in this vast Southeast Asian state. (5-0)

Maynilad builds new P6.75-B Putatan plant

2017-11-09 philstar
MANILA, Philippines — West Zone concessionaire Maynilad Water Services Inc. is building a P6.75-billion new water treatment plant in Muntinlupa aimed at enhancing water supply reliability in the southern part of Metro Manila. (11-0)

PLDT expects recovery to continue in 2018

2017-11-09 bworldonline
PLDT, Inc. expects to sustain its recovery next year, as the telco giant mulls raising capital expenditures above regular levels without incurring additional debt to address mounting criticism on slow Internet speed. (5-0)

Metro Pacific open to more partnerships with Indonesian firm

2017-11-08 philstar
JAKARTA, Indonesia - Metro Pacific Investments Corp. (MPIC) is open to expanding its partnership with Indonesian infrastructure holding firm PT Nusantara Infrastructure Tbk in other infrastructure sectors including water and energy following the tie-up forged for tollways. (8-0)