Saturday, May 2, 2026
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Tag: Manuel Pangilinan

Metro Pacific Group allotting new funds to protect Tubbataha Reefs

Metro Pacific Investments Foundation (MPIF) signed a memorandum of agreement (MOA) to provide P12 million in funding, equivalent to ₱3 million annually for four...

Meralco studies impact of ME crisis on power

Manila Electric Co. (Meralco) is evaluating the impact of the Middle East crisis on consumer electricity rates as global fuel prices fluctuate, chairman Manuel...

Pangilinan group not keen on hiking stake in SPNEC

The group of businessman Manuel Pangilinan (Meralco) has no plans to acquire the remaining interest of businessman Leandro Leviste in SP New Energy Corp....

PLDT’s profit dips 7% to P30b despite revenue growth

PLDT Inc. reported on Thursday a 7-percent drop in its full-year net income for 2025, blaming the decline to difficult economic conditions encountered in...

Meralco’s 2025 core profit rose 12% to P50.6b

Manila Electric Co. (Meralco) reported on Wednesday a 12-percent increase in its consolidated core net income in 2025 to P50.6 billion from P45.1 billion...

Metro Pacific pauses LRT-1 stake sale as gov’t settles debts

Metro Pacific Investments Corp. (MPIC) has suspended its plan to sell its stake in the operator of Light Rail Transit Line 1 after the...

Metro Pacific pauses LRT-1 stake sale as government settles debts

Metro Pacific Investments Corp. (MPIC) has suspended its plan to sell its stake in the operator of Light Rail Transit Line 1 after the...

LRTA seeks P3-b loan from LandBank to settle debt to private rail operator

The Light Rail Transit Authority is seeking a P3 billion loan from Land Bank of the Philippines to settle its outstanding debt with Light...

MVP Group eyes 2027 re-IPO for MGen Renewable

MVP Group chairman Manuel Pangilinan remains keen on pursuing a planned re-initial public offering (re-IPO) for MGen Renewable Energy Holdings Inc. in 2027. Pangilinan told...

Meralco gets US grants for nuclear study

Manila Electric Co. (Meralco) through its power generating arm Meralco PowerGen Corp. (MGEN) has secured a $2.8-million grant from the US Trade and Development...

Meralco unit eyes Semirara coal auction

Meralco PowerGen Corp., the power generation arm of Manila Electric Co., is considering participating in the upcoming auction for the coal operating contract for...

Meralco reaffirms support for Philippine national energy agenda

Manila Electric Co. (Meralco) reaffirmed its commitment to the government’s national energy agenda during an event at its headquarters, pledging to work with state...

Government issues new service contract for Galoc oil field extension

The government has issued a new petroleum service contract for the Galoc oil field in northwest Palawan to allow a consortium to recover remaining...

MPTC announces toll-free hours for Christmas, New Year

Metro Pacific Tollways Corp. (MPTC) announced Friday it will provide free passage on its expressways during select hours over the Christmas and New Year...
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