DMCI Holdings - updates

Rappler's latest stories on DMCI Holdings


Duterte threatens Consunjis after comments on water concession agreements

Jan 10, 2020 - 9:12 PM

President Rodrigo Duterte threatens to block permits for property developer DM Consunji to dig and construct after DMCI Holdings Inc chairman Isidro Consunji spoke out about the President's latest rant against water firms

BLOCK PERMIT. President Rodrigo Duterte delivers new theats to property and holdings firm DM Consunji. Malacañang photo

Ombudsman charges ex-Philippine Ports Authority officials with graft

Feb 18, 2018 - 7:50 PM

The former officials are accused of anomalously granting permits to a port used by DMCI Mining Corporation

CHARGED. Juan Sta Ana is indicted by the Office of the Ombudsman for graft. Photo from PPA website

The simple life of David M. Consunji

Sep 11, 2017 - 3:05 PM

To know David M Consunji was to know a simple truth: he concerned himself most with those who mattered to him

INSTITUTION. Pictured rightmost of the photo is David M. Consunji, who was called the father of contemporary construction in the Philippines. Photo from company website

DMCI founder David Consunji dies

Sep 05, 2017 - 6:25 AM

UPDATED David Consunji the Philippines 6th richest man established DMCI in 1954 and turned it into one of the top conglomerates in the country

DMCI Holdings still upbeat on 2017 despite mining uncertainty

May 17, 2017 - 3:10 PM

The conglomerate s mining unit is cautiously optimistic as a new chief takes over the Department of Environment and Natural Resources

Real estate, water drag DMCI Holdings' net income

Nov 11, 2016 - 3:56 PM

The suspension of DMCI Mining s two operating units also contribute to the group s sluggish earnings

SHAKY EXISTENCE. Torre de Manila, one of DMCI Homes' projects, is still hounded by controversy. Photo from DMCI Homes website

Duterte and Sereno, Lopez on Semirara, Arianna Huffington | 12PM wRap

Aug 12, 2016 - 12:00 PM

Watch the 12PM wRap with Zak Yuson

Lopez warns Semirara Mining: 'Get your act together'

Aug 12, 2016 - 9:10 AM

The environment department directs the audit team to further assess project area and validate allegation of environmental impacts of the mining operation in Caluya Antique

SEMIRARA MINING. Environment Secretary Gina Lopez talks about her proposal to change her department's processes when it comes to the issuance of environmental compliance certificates. Photo by Joel Liporada/Rappler

DMCI completes P900M steel plant in Calaca, Batangas

Apr 04, 2016 - 2:45 PM

It currently supplies the requirements of the DMCI group but the Consunjis plan to secure sales contracts with other firms

FIRST SINCE 1980s. The steel plant has the capacity to fabricate heavy steel sections for power plants, infrastructure and steel vertical structures. Image from DMCI

Construction magnate Consunji sells entire TPLEX stake to San Miguel

Sep 22, 2015 - 9:23 PM

This allows San Miguel Corporation to gain full ownership of the Tarlac Pangasinan La Union Expressway TPLEX concessionaire

BUY OUT. The transaction brings San Miguel group’s stake in the concessionaire to 100%

DOTC to start dry run of LRT2 Masinag extension traffic plan

Aug 28, 2015 - 6:57 PM

The proposed traffic management plan of the transportation department is seen to ease expected heavy traffic in Marikina Cainta and Antipolo due to the LRT2 extension project

TRAFFIC CONGESTION. Once construction is in full swing, the 3.9-kilometer stretch will reduce lanes for traffic to four from 5. Photo by Chrisee Dela Paz/Rappler

PH gov't opens bid for design of LRT2 West Extension

Jul 08, 2015 - 12:16 PM

By 2019 LRT2 will run from Masinag in Antipolo City all the way to Pier 4 area in Manila City

San Miguel, DMCI, Megawide eye regional prison in Nueva Ecija

Jun 27, 2015 - 9:00 AM

The winning bidder will finance design build and maintain the prison facility for 23 years

SMART INVESTMENT. We find Prison PPP as a smart opportunity to invest in. If you look at Australia, the US, and Brazil, investing in prisons is profitable, says one of the interested bidders. Photos from

LRT2 East, West extension projects to be completed in 2019

Jun 10, 2015 - 9:12 PM

It is expected to cater daily to an additional 75 000 passengers from the densely populated areas of Rizal province

San Miguel taps DMCI for Skyway extension project

May 12, 2015 - 11:29 AM

DMCI will be the contractor for the P26 5B toll road project connecting SLEX to NLEX

DMCI: Only SC can stop Torre de Manila

Jan 14, 2015 - 2:21 PM

The developer of the controversial condominium dubbed as the national photobomb says the project will continue unless the court halts it

PHOTOBOMING CONDO. DMCI Home Inc.'s Torre de Manila project takes a peak behind the Rizal Monument. In this photo, President Benigno S. Aquino III leads the flag raising ceremonies for the commemoration of the 118th Anniversary of the Martyrdom of Dr. Jose Rizal. Photo by Malacañang

BDO eyes Mindanao expansion through ONB buyout

Dec 24, 2014 - 11:15 AM

The SM led bank says acquiring ONB is strategic due to its profitable business history

MRT7 construction to start before 2014 ends

Aug 25, 2014 - 1:02 PM

After several years of delay San Miguel secures a performance undertaking from the finance department green lighting the P63 billion PPP project

Ayala, MPIC tie up anew for LRT 1 bidding

Jan 16, 2014 - 5:08 PM

The companies will compete with DMCI San Miguel and MTD Philippines for the P65 B project extending the LRT 1 to Cavite

TAKE TWO. Original bidders for the railway project will join a second bidding in April. Photo courtesy of the PPP Center

6 firms vie for P65-B LRT-1 Cavite extension project

Jan 11, 2014 - 1:49 AM

Six groups are scheduled to meet with the DOTC s bids and awards committee to discuss project terms after a first bidding failed in August

INTERESTED. More firms expressed interest in the P65 billion LRT 1 Extension deal.Photo courtesy of the PPP Center

Market abuse? DOJ sets probe amid Meralco price hike

Dec 16, 2013 - 2:42 PM

DOJ will look into allegations of unfair business practice by power firms to increase the price hike of Meralco 3 times more than expected

4 firms eye LRT expansion project

Dec 10, 2013 - 7:46 PM

SMC DMCI Holdings Megawide Corporation and Globalvia have purchased bid documents for the re bidding of the P65 B Light Rail Transit Cavite extension

REBIDDING. At least 4 groups have expressed interest in the rebidding for the LRT-1 extension project. Photo courtesy of the Public-Private Partnership Center.

Ayala takes second look at LRT-1 Cavite project

Oct 23, 2013 - 5:13 PM

The Ayala group wants to revive its rail partnership with Metro Pacific but will make a final decision on the LRT 1 Cavite project once it sees the final bid terms

ONE MORE TIME. The Ayala group may join the next bidding for the LRT-1 Cavite extension if the terms are right. Photo courtesy of the PPP Center

MWSS rate cut order weighs down PSEi

Sep 12, 2013 - 4:28 PM

The main index and the share prices of companies that have stakes in water utility services all went down after the water rate cut is announced

LRT-1 Cavite extension bidding 'a failure'

Aug 29, 2013 - 12:55 PM

The transportation department will rebid the rail project in the 4th quarter

A FAILURE. The government says bidding for LRT-1 Cavite extension failed. The project will be bid out again in the next quarter. Photo courtesy of the PPP Center

LRT-1 Cavite extension bidding failed?

Aug 16, 2013 - 9:05 AM

DOTC Usec Jose Lotilla says the lone bidder the Pangilinan led Light Rail Manila Consortium submitted an unacceptable proposal

DMCI eyes London delisting of mining unit

Jun 18, 2013 - 3:14 PM

Consunji led DMCI Group will seek the approval of its shareholders to delist its mining unit from the London stock exchange a move meant to cut costs

LEAVING. A man walks past the London Stock Exchange. March 2013 file photo by AFP

Japan to supply trains for LRT-1 Cavite train project

Feb 22, 2013 - 6:20 PM

Japan will finance and supply the 39 trains for the LRT 1 extension to Cavite

The LRT-1 extension will service people living in Cavite

Fast facts: Who owns Semirara?

Feb 17, 2013 - 4:01 PM

A landslide at a mine site of Semirara the country s largest coal producer kills 5 and leaves 5 more missing Who owns the company? How big is the business?

5TH RICHEST. David M. Consunji's net worth of $2.7 billion in 2012, ranked him the 5th richest man in the Philippines, according to Forbes. Photo taken from DMC's 2011 annual report.

Japan's Marubeni buys stake in Maynilad

Feb 14, 2013 - 3:26 PM

The deal marks Marubeni s entry in the water distribution business

Japan's Marubeni buys 20% stake in Maynilad

Jul 25, 2012 - 11:02 AM

Japan s Marubeni Corp is buying a 20 stake in water distributor Maynilad Water Services Inc