MPIC targets growth with a 15% capex hike
Metro Pacific Investments Corp. (MPIC) raises its capital spending by 15% to P116.15 billion in 2024, focusing on key projects like a 3,500 MW solar plant and…
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Metro Pacific Investments Corp. (MPIC) raises its capital spending by 15% to P116.15 billion in 2024, focusing on key projects like a 3,500 MW solar plant and…
MPIC maintains its P190-billion CAPEX plan, with investments focused on core operations and renewable energy, while reviewing its budget amid global…
Metro Pacific Investments Corp. reports a 15% rise in 2025 core net income to P27.1 billion, driven by strong performance from Meralco, Maynilad Water, toll…
‘We are still losing on LRT-1 in part because of Covid-19 (pandemic). Ridership went down obviously and it has not fully recovered.’
Metro Pacific Investments Corp. is considering selling its stake in LRT-1 operator LRMC as losses persist and ridership remains below pre-pandemic levels.
‘This initiative goes beyond just recycling; it represents a fundamental shift in how we approach sustainable growth.’
Metro Pacific Investments Corp. (MPIC) reported a 20% rise in consolidated core net income to P15.0 billion in H1 2025, driven by strong performances in power,…
‘We’d like to engage them because everybody’s reported their first quarter results. So, now we can go back to work.’
Metro Pacific Investments Corp. (MPIC) reported a 48% rise in Q1 net income to P9.1 billion, driven by gains from asset sales and strong performance in power,…
Metro Pacific Investments Corp. (MPIC) saw a 48 percent jump in net income to P9.1 billion in the first quarter from P6.1 billion a year ago, driven by gains…
‘This has been attributed to the company’s recent senior management reorganization, which has helped drive expansion efforts’
The facility, which kicked off its ceremonial maiden harvest on Tuesday, aims to revolutionize local vegetable farming with high-yield, technology-driven…
Terra Solar Philippines Inc., an affiliate of SPNEC, is currently constructing the first Terra Solar project, a 3,500-megawatt solar farm with a 4,500…
DoTr is finalizing the termination and considering alternative solutions to restart construction, including invoking the Government Procurement Act or the…
Metro Pacific Investments Corp. (MPIC) is unlikely to refile its MRT-3 operations proposal, citing fare approval challenges. Chairman Manuel V. Pangilinan…
‘We deferred discussion with them because MPTC (Metro Pacific Tollways Corp.) is raising money, equity money to reduce debts. We have significant debts’
It is the largest vegetable greenhouse facility in the Philippines, located in San Rafael, Bulacan. The farm is expected to start commercial operation in the…