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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 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)

PXP Energy, partners farm out 35% stake in Peru oil prospect

2018-01-11 beta.philstar
MANILA, Philippines — Upstream oil and gas firm PXP Energy Corp. and its partners have taken in a new investor in the Peru oil prospect, UK-listed oil explorer Tullow Oil. (4-0)

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)

PHL, Japan to complete talks on new MRT-3 maintenance agreement

2018-01-07 bworldonline
TALKS BETWEEN the Philippine and Japanese governments for a new maintenance deal for the Metro Rail Transit-3 (MRT-3)are seeing progress with exchange of notes verbales to be completed by today, Jan. 8. (4-0)

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)

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)

Maynilad allocates P375 million for Angat-Umiray tunnel rehabilitation

2017-12-28 bworldonline
MAYNILAD Water Services, Inc. is contributing P375 million or about half of the total investments required to rehabilitate the Angat-Umiray transbasin tunnel, one of the most important water supply systems for Metro Manila. (9-0)

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)

MetroPac Water bags P12.35-billion Iloilo project

2017-12-21 bworldonline
METRO PACIFIC Investments Corp. (MPIC) on Thursday said its subsidiary has bagged the P12.35-billion project involving the rehabilitation and expansion of the existing water distribution system of Metro Iloilo Water District (MIWD). (28-0)

PSEi recovers as investors pick up select stocks

2017-12-21 bworldonline
The bellwether Philippine Stock Exchange index (PSEi) gained 0.18% or 15.67 points to finish at 8,378.28. (32-0)

Metro Pacific secures P10-B loan facility

2017-12-20 bworldonline
METRO PACIFIC Investments Corp. (MPIC) said it has signed a loan facility agreement with a couple of banks totaling P10 billion to finance the company’s projects and operations.  (22-0)

Metro Manila’s water bills to rise in January

2017-12-15 bworldonline
CUSTOMERS of Maynilad Water Services, Inc. and Manila Water Company, Inc. will face higher bills starting Jan. 1, as the two water concessionaires raise rates to cover inflation costs and foreign currency differential adjustment (FCDA). (11-0)

Maynilad completes pipe replacement in Parañaque

2017-12-12 bworldonline
MAYNILAD WATER Services, Inc. has completed the replacement of 20 kilometers of old, leaky pipelines in Parañaque City for P136 million, the concessionaire for Metro Manila’s west zone said on Tuesday. (9-0)