SMC turns Meralco exit into RE capital
San Miguel Global Power exits Meralco after 17 years, redirecting P21 billion in forgone dividends into renewable energy projects. Learn how this strategic…
· 1 MIN READ
Topic
Metro Pacific Investments Corp. (MPIC)
Latest Daily Tribune news and analysis on Metro Pacific Investments Corp. (MPIC).
MPIC leans on discipline as Mideast jitters bite
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…
· 1 MIN READ
MPIC profit climbs 20% on strong core
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,…
· 1 MIN READ
MPIC profit climbs on core strength
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…
· 1 MIN READ
MPIC eyes more hospital buyouts after strong deal flow
‘This has been attributed to the company’s recent senior management reorganization, which has helped drive expansion efforts’
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NLEx: Marilao Bridge repair to finish by end of March
NLEx Corp. plans to complete the reconstruction of the Marilao Interchange Bridge by the end of March. Transportation officials and lawmakers urge caution from…
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MPIC wants bigger solar energy exposure
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…
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20% MPTC stake sale seen slashing MPIC debt
DoTr is finalizing the termination and considering alternative solutions to restart construction, including invoking the Government Procurement Act or the…
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MPIC unlikely to pursue MRT-3 bid due to tariff concerns
Metro Pacific Investments Corp. (MPIC) is unlikely to refile its MRT-3 operations proposal, citing fare approval challenges. Chairman Manuel V. Pangilinan…
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MPIC, SMC toll merger on hold
‘We deferred discussion with them because MPTC (Metro Pacific Tollways Corp.) is raising money, equity money to reduce debts. We have significant debts’
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Costly board seat
The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.
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NLEX Candaba 3rd viaduct opens in December
The Candaba 3rd Viaduct, constructed as part of NLEX Corporation’s decongestion program, began in the third quarter of 2023.
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MPIC hits record P20.8-B income
The growth was primarily attributed to the company’s improved core businesses, including energy, water and toll roads
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MPIC offloads Subic fuel storage, earns P29B
PCSPC, located in the Subic Bay Freeport Zone, operates the Philippines’ largest import terminal for jet fuel, petroleum, and sustainable fuels, with a storage…
· 1 MIN READ
PLDT, Meralco, MPIC acquire shares in Digico
· 3 MIN READ