Friday, May 1, 2026
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Tag: MPIC

S&P upgrades First Pacific on higher valuation for Metro Pacific

S&P Global Ratings upgraded its long-term issuer credit rating on First Pacific Co. Ltd. to ‘BBB’ from ‘BBB-’ on Wednesday, citing a jump in...

Metro Pacific’s health platform mWell draws strong investor interest

Metro Pacific Investments Corp.’s (MPIC) digital health platform mWell is drawing interest from investors as it integrates new acquisitions and prepares for overseas expansion,...

Metro Pacific earmarks P200 billion for 2026 capex amid solar expansion

Infrastructure conglomerate Metro Pacific Investments Corp (MPIC) has earmarked over P200 billion in capital expenditures for 2026, largely driven by power investments and the...

MPIC’s core income increased by 15% to P27.1b in 2025

Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) posted a 15 percent increase in consolidated core net income to P27.1 billion in 2025, up from...

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...

NLEX-C5 Northlink project reaches 50% completion

NLEX Corp. said construction of Section 1A of the NLEX-C5 Northlink Segment 8.2 is nearly 50 percent complete, bringing the company a step closer...

Metro Pacific completes acquisition of coconut producer Franklin Baker

Metro Pacific Investments Corp. (MPIC) announced Wednesday it has completed the acquisition of Mindanao-based coconut manufacturer and supplier Franklin Baker Company of the Philippines...

MPIC’s nine-month profit rose 7% to P24.8b

Metro Pacific Investments Corp. (MPIC), the Philippine investment holding unit of Hong Kong-based First Pacific Co. Ltd., saw its reported net income attributable to...

LRT-1 Cavite Extension project faces delay on funding woes

Light Railway Manila Corp. (LRMC) said over the weekend the construction of the next phases of the LRT Line 1 Cavite Extension could be...

Maynilad denies talks with PrimeWater

Maynilad Water Services Inc. (Maynilad) on Friday denied any involvement in discussions regarding a potential acquisition of PrimeWater Infrastructure Corp. by major shareholder Metro...

MPIC plans to sell shares in Philippines, Indonesia toll roads

HONG KONG—Metro Pacific Investments Corp. (MPIC) plans to sell 20-percent to 30-percent stakes in its Philippine and Indonesian toll road units via private placements...

MPIC signs non-disclosure agreement with PrimeWater

Metro Pacific Investments Corp (MPIC), an infrastructure conglomerate, formalized its interest in acquiring PrimeWater Infrastructure Corp, a water utility firm owned by the Villar...

Metro Pacific eyes selling stake in LRT-1 operator over losses

Metro Pacific Investments Corp. (MPIC) is considering selling its stake in the Light Rail Manila Corp. (LRMC), the operator of the Light Rail Transit...

Digital health services to be added to eGov PH app

The digital healthcare arm of Metro Pacific Investments Corp. (MPIC), mWell, has signed a memorandum of understanding (MOU) with the Department of Information and...
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