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Headline News

AF Payments partners with digital wallet app

14h bworldonline
AF PAYMENTS, Inc. has partnered with to allow the reloading of “beep” cards using the application. (5-0)

No LRT-1 operation from March 29-April 1

20h bworldonline
THE Light Rail Transit Line 1 (LRT-1), which runs from Roosevelt in Quezon City to Baclaran in Pasay City, will be closed from March 29 to April 1 in observance of the Catholic Holy Week. LRT-1 operator Light Rail Manila Corp. (LRMC) announced yesterday that comprehensive maintenance works on the trains and system facilities will be undertaken during this shutdown period. The LRT-1, which serves up to 500,000 commuters daily, will resume on April 2 at 4:30 a. (5-0)

More fund-raising activities for infrastructure projects expected

2018-03-18 bworldonline
THE Philippine Dealing and Exchange Corp. (PDEx) hopes to equal the volume of listings it recorded in 2017, as it sees more fund-raising activities to finance infrastructure projects. (35-0)

Maynilad continues to expand pipe network

2018-03-18 bworldonline
MAYNILAD WATER Services, Inc. said it installed 38 kilometers of new water pipes in 2017, resulting in an expansion of its distribution line to 7,675 kilometers. (9-0)

Malaysian firms seeking to participate in building program

2018-03-12 bworldonline
MALAYSIAN businesses are hoping to play a role in the government’s infrastructure program, the country’s Trade Minister Mustapa Mohamed said, with some firms already with their foot at the door in the airports segment. (32-0)

PNR to offer freight service soon

PNR trains, like this, would soon carry cargo to ease congestion at Manila’s ports. —RICHARD A. REYES (5-0)

NAIA rehab bidder cites project urgency amid rising demand

2018-03-11 bworldonline
THE CONSORTIUM bidding to rehabilitate the Ninoy Aquino International Airport (NAIA) for P350 billion said the government could speed up the process of approving its proposal, to keep up with the number of passengers set to use the terminal by 2020. (16-0)

NLEX Corp. to raise P25 B through fixed rate bonds

2018-03-09 bworldonline
A TOLLWAY unit of Metro Pacific Investments Corp. (MPIC) plans to raise P25 billion through the issuance of fixed rate bonds, with P6 billion slated to be offered for its initial tranche. (9-0)

NLEX Corp files for P25-billion shelf registration

2018-03-09 bworldonline
A tollway unit of Metro Pacific Investments Corp. (MPIC) plans to raise P25 billion through the issuance of fixed rate bonds, with P6 billion slated to be offered for its initial tranche. (5-0)

Aboitiz unit offers to upgrade 4 airports

2018-03-07 bworldonline
THE infrastructure unit of the Aboitiz Group submitted an unsolicited proposal to modernize four key regional airports for close to P150 billion. (14-0)

NLEx plans P6-billion bond issuance

2018-03-05 bworldonline
NLEX Corp. is planning to issue up to P6 billion in fixed-rate peso-denominated bonds, with the proceeds to be used to refinance debt. (9-0)

Metro Pacific Investments Corp. ADR 2017 Q4 - Results - Earnings Call Slides

2018-03-05 seekingalpha
The following slide deck was published by Metro Pacific Investments Corp. ADR in conjunction with their 2017 Q4 earnings call. (5-0)

Airport stakeholders discuss viability of Naia’s 3rd runway

As the government took a temporary backseat concerning the future of the Ninoy Aquino International Airport (Naia), two competing private sector proposals have emerged with a conspicuous fault line: the need for an additional airport runway. (8-1)

MPIC profit jumps 15%

Infrastructure holding firm Metro Pacific Investments Corp. grew its net profit last year by 15 percent to P13.2 billion on higher earnings contribution from its power, toll roads, water and hospital businesses. (8-0)

Super consortium’s Naia bid challenged

The tandem of Megawide Construction Corp. and India’s GMR Infrastructure yesterday served a formal notice that it would challenge the “super consortium” of seven Filipino conglomerates in the race to shape the destiny of the crown jewel of Philippine airports. (17-1)