MPIC keeps P190B capex plan amid global risks
MPIC maintains its P190-billion CAPEX plan, with investments focused on core operations and renewable energy, while reviewing its budget amid global…
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Latest Daily Tribune news and analysis on MPIC Projects.
MPIC maintains its P190-billion CAPEX plan, with investments focused on core operations and renewable energy, while reviewing its budget amid global…
· 2 MIN READ
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…
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‘We are still losing on LRT-1 in part because of Covid-19 (pandemic). Ridership went down obviously and it has not fully recovered.’
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Metro Pacific Investments Corp. is considering selling its stake in LRT-1 operator LRMC as losses persist and ridership remains below pre-pandemic levels.
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‘This initiative goes beyond just recycling; it represents a fundamental shift in how we approach sustainable growth.’
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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,…
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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,…
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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…
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‘This has been attributed to the company’s recent senior management reorganization, which has helped drive expansion efforts’
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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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DoTr is finalizing the termination and considering alternative solutions to restart construction, including invoking the Government Procurement Act or the…
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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…
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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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‘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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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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