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Ayala, MPIC take PPP project to next level

A consortium led by the Ayala Corp. and Metro Pacific Investments Corp. has signed an agreement with Singapore’s MSI Global Pte. Ltd. to help implement a P1.7-billion project for the Philippines’ mass transit system.

Posted: April 12th, 2014 in Headlines | Read More »

MNTC offers retail bonds to raise funds for NLEX project

North Luzon Expressway. INQUIRER FILE PHOTO

North Luzon Expressway Manila North Tollways Corp. debuted on the local bond market on Wednesday with a retail bond offering of up to P7 billion, making history as the first unlisted local company to tap the local bond market.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

Cosco acquires NE Pacific


Cosco Capital Inc. led by retailer Lucio Co has continued its expansion into other retailing formats outside of flagship Puregold Price Club Inc. with a deal to acquire the largest mall in Cabanatuan, Nueva Ecija.

Posted: March 4th, 2014 in Uncategorized | Read More »

MPIC eyes projects in Thailand, Indonesia


Infrastructure holding firm Metro Pacific Investments Corp. is scouting for fresh overseas investment opportunities related to its core water utility and tollroad businesses in Thailand and Indonesia alongside hopes that infrastructure-building projects will pick up pace in the remaining years of the Aquino administration.

Posted: February 24th, 2014 in Headlines | Read More »

Railway smart card system to go live ahead of schedule


The winning consortium for a public private partnership deal to build and operate a smart-card system for Metro Manila’s elevated railways said the project would be implemented ahead of schedule with a capital spending budget of about $300 million, one of its executives said last week.

Posted: February 2nd, 2014 in Headlines | Read More »

Ayala, MVP bag P1.72-B PPP project


It’s a happy new year indeed for two of the country’s biggest business groups. A consortium led by Ayala Corp. and Manuel V. Pangilinan-led Metro Pacific Investments Corp. finally bagged a P1.72-billion public private partnership (PPP) deal to develop and operate a common ticketing system for elevated railways in Metro Manila, the Department of Transportation and Communications announced Friday.

Posted: January 31st, 2014 in Editor's Pick,Headlines | Read More »

Ayala, MPIC submit best bid for smart-card project


Ayala Corp. and Metro Pacific Investments Corp. are the frontrunners in a P1.72-billion deal to operate a smart-card system for Metro Manila’s elevated trains after their consortium outbid by a “hairline” the next best offer by the SM Group of billionaire Henry Sy.

Posted: December 9th, 2013 in Editor's Pick,Headlines | Read More »

Meralco staggers rate hike after protests

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Faced with unprecedented protest actions over an impending record rate increase, Manila Electric Co. (Meralco) on Friday announced it would carry out the estimated P3.44-per-kilowatt-hour increase in generation charge in stages, starting this December.

Posted: December 6th, 2013 in Latest Business Stories | Read More »

MPC delays Zamboanga asset purchase

Infrastructure giant Metro Pacific Investments Corp. has pushed back plans to acquire a major hospital in Zamboanga City after buy-in talks were stalled by the recent armed clashes between the government and a rebel group, the company’s top official said.

Posted: November 9th, 2013 in Headlines | Read More »

JG Summit eyes more airport projects


Conglomerate JG Summit Holdings Inc. is keeping an eye on airport projects that the government would auction off other than the P17.5- billion Mactan-Cebu International Airport, which the Gokongweis are bidding for together with Metro Pacific Investments Corp.

Posted: September 15th, 2013 in Headlines | Read More »

P23-B ‘connector road’ project awaits Aquino nod


President Aquino is set to decide on the implementation of a P23-billion “connector road” proposed by Manuel V. Pangilinan-led Metro Pacific Investments Corp. that would link the company’s North Luzon Expressway (NLex) to the South Luzon Expressway (SLex), a senior government official said.

Posted: September 3rd, 2013 in Headlines | Read More »

Ayala reevaluates infra bidding strategy

Ayala Corp. is firming up its bidding strategy for infrastructure deals, including reevaluating a strategic joint venture for railways while looking to seal a partnership for a toll-road to Cavite and Laguna, managing director Eric Francia said Wednesday.

Posted: August 28th, 2013 in Headlines | Read More »



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