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Headline News

NAIA consortium willing to shorten concession period

16h bworldonline
A CONSORTIUM composed of the country’s biggest conglomerates is willing to reduce its proposed concession period for the rehabilitation of the Ninoy Aquino International Airport (NAIA), but warned this would make the construction of a third runway unlikely. (20-0)

Payment systems for SMC, MPIC toll roads integrated by April

2018-03-20 bworldonline
INTEROPERABILITY of payment systems in use at expressways operated by San Miguel Corp. (SMC) and Metro Pacific Investments Corp. (MPIC) will be achieved by the end of April, a regulator said. (28-0)

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)

Panda bond sale ‘in the next week or so’

2018-03-14 bworldonline
THE GOVERNMENT could launch its maiden offer of yuan-denominated — or “panda” — bonds “in the next week or so,” the Finance department announced on Wednesday, even if it maintained that much depends on market conditions. (4-0)

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 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)

MPIC readies more unsolicited proposals for gov’t

2018-03-01 bworldonline
METRO PACIFIC Investments Corp. (MPIC) is readying more unsolicited infrastructure proposals after sustaining a double-digit growth in core net profit despite continuing regulatory uncertainty. (14-0)

Philex posts 6% profit growth to P1.66B

Despite a lower output, Philex Mining Corp. posted a 6-percent increase in net income to P1.66 billion last year from P1.57 billion a year ago due to higher metal prices. (9-0)

Philex Mining Corp. ADR 2017 Q4 - Results - Earnings Call Slides

2018-02-28 seekingalpha
The following slide deck was published by Philex Mining Corp. ADR in conjunction with their 2017 Q4 earnings call. (4-0)

Philex income rises despite lower output

2018-02-28 bworldonline
PHILEX MINING Corp. on Wednesday reported a 6% increase in earnings for 2017 despite reaping a lower output for gold and copper. (4-0)

Philex farmer-beneficiaries now trainers in organic coffee, vegetable farming

2018-02-27 bworldonline
TUBA, BENGUET — Two farmer-beneficiaries of Philex Group Foundation, Inc. (PGFI), the corporate social responsibility arm of Philex Mining Corp., are now paying it forward to fellow farmers through workshops where they serve as the trainers. (4-0)

Maynilad inks P18.5-B notes facility

2018-02-26 bworldonline
MAYNILAD Water Services, Inc. has signed a P18.5-billion notes facility with various banks, which will be used mainly to refinance debt. (14-0)

New SCTEx, NLEx junctions seen to improve safety, access

2018-02-26 bworldonline
NLEX CORP. yesterday formally opened the Subic-Clark-Tarlac Expressway (SCTEx) Mabiga interchange and the North Luzon Expressway (NLEx) Sta. Ines-Magalang exit. (9-0)

MPIC won’t propose projects pending toll dispute resolution

2018-02-26 bworldonline
THE Metro Pacific group said it will hold off on submitting unsolicited proposals for infrastructure projects pending resolution of its road toll dispute with the government. (9-0)

Stocks seen sideways ahead of earnings reports

2018-02-25 bworldonline
LOCAL EQUITIES may continue trading sideways this week as investors reposition their portfolios ahead of the earnings season. (24-0)