Category: newsSource: manila_shimbun manila_shimbunNov 16th, 2016

MPIC, China firms in talks for joint ventures in infra

MANILA, Philippines – Infrastructure conglomerate Metro Pacific Investments Corp......»»

Category: financeSource:  philstarRelated NewsNov 16th, 2016

Changi Airport eyes up to 30% stake in P350-B Naia project

Singapore's Changi Airport Group is keen on taking up a 30-percent stake in the venture among seven local conglomerates to expand and operate the crown jewel of Philippine air gateways---Manila's Ninoy Aquino International Airport (Naia).   This was revealed by businessman Manuel V. Pangilinan, who was a guest speaker at the Joint Meeting of the Economic Cooperation Committees of the Philippines and Japan.   Pangilinan is chair of infrastructure giant Metro Pacific Investments Corp., one of the consortium members.   The other participants are Ayala Corp., Aboitiz Equity Ventures, Andrew Tan's Alliance Global Group Inc., Lucio Tan's Asia Emerging Dragon, G...Keep on reading: Changi Airport eyes up to 30% stake in P350-B Naia project.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2018

Metro Pacific eyes Malaysian toll road deal within the year

METRO PACIFIC Investments Corp. (MPIC) is looking to close an agreement for a tollways venture in Malaysia this year. “We hope we could close something within the year,” MPIC Chairman Manuel V. Pangilinan told reporters on the sidelines of the Financial Executives Institute of the Philippines anniversary gala on Jan. 15. Mr. Pangilinan said MPIC […] The post Metro Pacific eyes Malaysian toll road deal within the year appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 17th, 2018

MPIC to borrow P50 B to fund infra projects

MANILA, Philippines — The tollway arm of Metro Pacific Investments Corp......»»

Category: financeSource:  philstarRelated NewsNov 19th, 2017

MPIC tollway arm increases stake in Indonesia infra firm

MANILA, Philippines — The tollways arm of Metro Pacific Investments Corp......»»

Category: financeSource:  philstarRelated NewsNov 6th, 2017

MPIC eyes more Philippines, ASEAN infra projects

MANILA, Philippines - Metro Pacific Investments Corp. is looking for new infrastructure and tollways projects in the country and in the ASEAN region......»»

Category: financeSource:  philstarRelated NewsAug 29th, 2017

MPIC to work within new gov’t infra framework

MANILA, Philippines -  Metro Pacific Investments Corp......»»

Category: financeSource:  philstarRelated NewsAug 6th, 2017

MPIC eyeing investment in logistics firms o

MANILA, Philippines -  Metro Pacific Investments Corp.  (MPIC) is putting in more money in its local logistics firms this year as it seeks to make logistics.....»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2017

Philippines, China firms work out joint venture deals

MANILA, Philippines – President Duterte’s decision for the country to align with China is already spurring a number of Filipino and Chinese firms to embark o.....»»

Category: financeSource:  philstarRelated NewsOct 5th, 2016

Facebook granted Chinese electronics firms access to user data

MANILA, Philippines - In the wake of the controversial Cambridge Analytica scandal, The New York Times reported that Facebook, on Tuesday, June 5 confirmed that at least four Chinese electronics firms were granted private access to user data. The social media giant disclosed that it has data-sharing ........»»

Category: newsSource:  rapplerRelated NewsJun 6th, 2018

Infra spending seen to push Philippine growth up to 8% this year

The rate of public spending on infrastructure and accelerated pace of project completion would enable the Philippines to post a seven to eight percent growth rate this year, said First Metro Investment Corp......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2018

Chinese delegation expresses interest in PHL investment

CHINESE firms are demonstrating increased interest in doing business in the Philippines due to the growing economy, the Department of Finance (DoF) said. In a statement, the DoF said that the All-China Federation of Commerce and Industry (ACFCI) expressed interest in a meeting with Finance Secretary Carlos G. Dominguez III on May 24. “I bring […] The post Chinese delegation expresses interest in PHL investment appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 27th, 2018

BoI: Chinese firms bullish on investing

Chinese companies remain upbeat about investing in the Philippines with a 30-man delegation recently in the country to scout for opportunities, the Board of Investments said on Friday. The Chinese delegation, led by Director Wang Kewen of the China Overseas Development Association (CODA), was said to be interested in the infrastructure, energy, industrial parks and [...] The post BoI: Chinese firms bullish on investing appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 26th, 2018

Roque on blacklisted Chinese firms, PH in competitive rankings, House on BBL | Evening wRap

Today on Rappler: Presidential Spokesperson Harry Roque downplays concerns over the possible involvement in Marawi rehabilitation of two Chinese firms blacklisted by the World Bank for corrupt practices.  The Philippines drops 9 notches to 50th spot out of 63 economies in this year’s World Competitiveness Yearbook rankings of the International ........»»

Category: newsSource:  rapplerRelated NewsMay 24th, 2018

Clark Airport O& M contract attracts MPIC, 7 other firms

Eight firms led by Metro Pacific Investments Corp. and San Miguel Holdings Corp. have purchased bid documents for the operations and maintenance of the Clark International Airport in Pampanga, according to the Bases Conversion and Development Authority......»»

Category: financeSource:  philstarRelated NewsMay 21st, 2018

China firms in Marawi rehab once blacklisted by World Bank

MANILA, Philippines – Two Chinese companies poised to win a P17.2-billion contract to rehabilitate the former battle area in Marawi City were once blacklisted by the World Bank over corrupt practices in the Philippines. China State Construction Engineering Corporation (CSCEC) and China Geo Engineering Corporation (CGC) allegedly colluded with ........»»

Category: newsSource:  rapplerRelated NewsMay 14th, 2018

ADB To Focus on Mindanao; Infra to Help Boost PH Growth

The Asian Development Bank (ADB) vowed increased funding for various infrastructure projects thoughout the Philippines, touted as one of Asia’s fastest growing economies, but said it would pay special attention to Mindanao. The multilateral development bank has reaffirmed its commitment to eradicate poverty through achieving inclusive growth in Asia and the Pacific region, as the […].....»»

Category: newsSource:  metrocebuRelated NewsMay 8th, 2018

Oil companies cut prices by 30 centavos

Oil companies cut pump prices by as much as 30 centavos as global oil prices fell last week on uncertainty over the United States' move to abandon a deal with Iran that lifted sanctions against the oil-producing country. The price reduction took effect 6 a.m. on Monday in stations of five oil firms --- Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines Inc., Seaoil Philippines Inc., Flying V and PTT Philippines Corp. Shell, Seaoil and Flying V also reduced kerosene prices by 60 centavos per liter. As a result, diesel prices in Metro Manila now range from P39.05 to P45.08 per liter, while gasoline, P48.15 to P58.35 per liter. ---Ronnel W. Domingo...Keep on reading: Oil companies cut prices by 30 centavos.....»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2018

UBS looks to acquire controlling stake in China joint venture

UBS GROUP AG submitted an application to acquire a majority stake in its Chinese securities venture, becoming the first global bank to take advantage of Beijing’s latest commitment to open its financial markets to foreign firms. The China Securities Regulatory Commission received the application from the Zurich-based bank on Tuesday, according to a statement on […] The post UBS looks to acquire controlling stake in China joint venture appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 3rd, 2018

Philippines, Singapore ink $187 million business agreements

President Duterte witnessed the signing of at least $186.7 million worth of joint venture projects forged during a meeting between Philippine and Singaporean firms here yesterday and jokingly told the businessmen they were free to kill those who would try to extort money from them......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2018