NLEX Earmarks PhP19B Capex to Help Improve Metro Manila Traffic

The NLEX Corp. is setting aside around PhP19 billion in 2018 to help solve Metro Manila’s daily traffic bottlenecks. This is in response to the government’s call for the private sector to complement the government’s massive infrastructure push under the “Build Build Build” program of the Department of Transportation (DOTr), the Department of Public Works […]
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MPI Reports Record PhP10.3B Core Net Income in FY 2015

Manila—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) today reported consolidated Core Net Income rose 22% to PhP10.3 billion for the year ended 31st December 2015 from PhP8.5 billion in 2014 on the back of strong growth at all its operations. Core Net Income was lifted by: (i) strong traffic growth on all the roads held […]
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MPIC 1H2015 Net Income Up 27% to PhP5.9B

Manila—(PHStocks)—Metro Pacific Investments Corp. (PSE: MPI) has reported consolidated core net income of PhP5.9 billion for the six (6) months ended 30th June 2015, up 27% over the PhP4.6 billion achieved in the first half of 2014 as each of its four main businesses delivered strong growth despite regulatory challenges. The rise in core net income was due mainly […]
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Pangilinan Elected Vice Chairman of Roxas Holding’s Board of Directors

Makati—(PHStocks)—The Board of Directors of Roxas Holdings Inc. (RHI, PSE: ROX) has elected businessman Manuel V. Pangilinan as Vice Chairman. Pangilinan is the founder and CEO of First Pacific Company Limited (142.HK), which recently invested up to 34% in RHI. He is also Chairman of Metro Pacific Investments Corp. (PSE: MPI), Philippine Long Distance Telephone Co. (PSE: TEL), Manila Electric Company (MERALCO, PSE: MER) and many […]
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Metro Pacific Investments 2011 Net Profit Jumps 76% to PhP5B

Makati–(PHStocks)–Metro Pacific Investments Corp. (MPIC) (PSE: MPI) has announced consolidated core net income of PhP5.1 billion for the year ended 31 December 2011, an improvement of 32% over the PhP3.86 billion recorded in 2011. Consolidated reported net income attributable to owners of the parent company, which reflects a net foreign exchange loss and non-recurring items of PhP42 […]
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Metro Pacific Tollways 2011 Net Income Up 26% to PhP1.26B

Manila–(PHStocks)–Metro Pacific Tollways Corp. (PSE: TOL) has reported Core Net Income after tax of PhP1.479 billion for the year ended 2011, slightly higher than the Core Net Income of PhP1.465 billion in 2010. The Income Tax Holiday at the Manila North Tollways Corp. (MNTC) level expired in December 2010. Pre-tax income however rose by 23% to PhP1.873 […]
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PH Stocks Regain Losses

Manila–(PHStocks)–Local shares recovered slightly on Friday, 10 February, after profit taking in the previous day. The bellwether Philippine Stock Exchange index (PSEi) went up by 0.29% or 13.9 points to close the roller coaster week at 4,783.52, after a breaching the 4,800-point mark twice. All counters except the Industrial and Holding Firms indices were up. […]
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PHStocks Week in Review: Going Strong

(PHStocks) – Local shares maintained their strong performance for the week, despite minimal declines due to profit taking. The bellwether Philippine Stock Exchange index (PSEi) closed at 4,251.64 points this week, up 0.25% compared last week. The all-shares index, however, shed 0.86% to close at 3,084.74 points. On a sectoral basis, all counters except the […]
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