Manuel Pangilinan - updates

Rappler's latest stories on Manuel Pangilinan

ARTICLE FINDER

PLDT not keen on joining Globe for independent cell tower firm

May 15, 2018 - 12:40 PM

PLDT chief Manuel Pangilinan says his firm does not see the need to share any of its existing network elements, including cellular towers

NOT KEEN. ‘At this time, we don't see any benefit or need to share any of our existing network elements, including our towers,’ PLDT chief Manuel Pangilinan says. Photo by Alecs Ongcal/Rappler

PLDT unit seals partial sale of Rocket Internet stake

May 07, 2018 - 7:25 PM

As a result of the sale, the Manuel Pangilinan-led telco's equity ownership in Rocket Internet is reduced from 6.1% to 2%

PLDT not in hurry to fully divest from Rocket Internet

Apr 18, 2018 - 6:50 PM

PLDT's Manuel Pangilinan says his company is playing it by ear

NO RUSH. PLDT chief Manuel Pangilinan says there's no pressure on the part of PLDT to dispose its remaining one third of Rocket Internet shares. Photo by Alecs Ongcal/Rappler

Metro Pacific expands footprint in Vietnam water market

Apr 02, 2018 - 7:25 PM

The listed infrastructure conglomerate led by Manuel Pangilinan acquires a stake in Tuan Loc Water Resources

Construction of NLEX-SLEX Connector Road to start by July

Apr 01, 2018 - 8:55 PM

Back in July 2016, NLEX Corporation secured a P23.2-billion deal to build, operate, and maintain the NLEX-SLEX Connector Road

CONNECTOR ROAD. NLEX-SLEX Connector Road would link C3 in Caloocan City to the Polytechnic University of the Philippines (PUP) campus in Sta Mesa, Manila. Map from DPWH website

PLDT to give up Cure frequencies 'at no cost'

Feb 07, 2018 - 1:20 PM

(UPDATED) This comes after President Rodrigo Duterte publicly threatened to send tax auditors to telecommunications companies demanding payment for returning radio frequencies to the government

AT NO COST. PLDT chief Manuel Pangilinan agrees not to be compensated for the surrendered Cure frequencies, DICT acting chief Eliseo Rio Jr says. Photo by Alecs Ongcal/Rappler

PLDT unit to forge strategic partnerships in Q1 2018

Jan 10, 2018 - 4:37 PM

Voyager Innovations chairman Manuel Pangilinan says the upcoming partnership deals 'will excite the market'

NEW PARTNERS. 'It will excite the market,' PLDT chief Manuel Pangilinan says of the upcoming partnership agreements. Photo by Alecs Ongcal/Rappler

Conglomerates in talks for 'super consortium' to upgrade NAIA

Dec 07, 2017 - 3:50 PM

Andrew Tan's Alliance Global and Lucio Tan's LT Group confirm there are talks with other business groups, though no formal agreements have been reached

PLDT open to Chinese strategic partners

Nov 28, 2017 - 7:00 PM

'I think it's a rather novel idea and it's something we should consider, either at the PLDT level or at the Voyager level or both,' says PLDT chairman Manuel Pangilinan

PAYING RESPECTS. PLDT chairman Manuel V Pangilinan congratulates John Gokongwei Jr on winning the Management Association of the Philippines (MAP) man of the year 2017 award at a ceremony on November 27. Photo by Alecs Ongcal/Rappler

Pangilinan still optimistic over oil hunt in West Philippine Sea

Nov 14, 2017 - 6:15 PM

As ASEAN countries and China prepare to craft a Code of Conduct, Filipino tycoon Manuel Pangilinan is hopeful potential oil and gas reserves in the disputed waters can eventually be tapped

HOPEFUL. 'We are quite optimistic that something could happen, but that is entirely beyond our control,' PXP Energy chief Manuel Pangilinan says. Photo by Angie de Silva/Rappler

PLDT increases target recurring core income for 2017

Nov 09, 2017 - 5:05 PM

PLDT chief Manuel Pangilinan says his group is confident it can raise recurring core income guidance by half a billion pesos to P22 billion this year

HIGHER TARGET. 'We are quite confident that we can raise our core guidance by half a billion pesos to P22 billion of recurring core income in the year 2017,' PLDT chairman Manuel Pangilinan says. Photo by Alecs Ongcal/Rappler

Metro Pacific eyes more toll roads, water projects in ASEAN countries

Nov 08, 2017 - 6:15 PM

For Indonesia alone, Metro Pacific CEO Jose Maria Lim says his firm is exploring dozens of toll road concession deals

Metro Pacific tollways unit expands presence in Indonesia

Nov 06, 2017 - 8:40 PM

For $132 million, the toll road arm of Metro Pacific Investments Corporation raises its stake in Indonesian infrastructure holding company PT Nusantara

Manny Pangilinan's group mulls buying out MRT3 owners

Aug 23, 2017 - 3:10 PM

Metro Pacific has an option to acquire a 48 stake in MRTC after signing cooperation agreements with various groups that hold rights and interests The conglomerate has yet to exercise this option

BUYOUT? 'The tentative cost of rehabilitating the system is about P12.5 billion, but there’ll be further cash out to take out certain of the shareholders of MRT, including the government,' Manny Pangilinan of Metro Pacific says. Photo by Martin San Diego/Rappler

More electronic toll collection options for Metro Pacific's roads soon

Aug 22, 2017 - 8:00 PM

For now motorists traversing the NLEX can pay toll fees using their Easy Trip RFID Beep cards as well as Mastercard contactless debit prepaid and credit cards

ELECTRONIC TOLL COLLECTION. Metro Pacific Tollways chairman Manuel Pangilinan tries new electronic toll collection of North Luzon Expressway. Photo courtesy of PayMaya Philippines

Beacon divestment lifts PLDT's core income to over P12B

Aug 10, 2017 - 1:44 PM

UPDATED PLDT s core income for the 2nd quarter of 2017 increases to P12 1 billion from P10 5 billion in the same period a year ago

Manny Pangilinan to eventually divest from Inquirer

Aug 04, 2017 - 4:45 PM

The intention is to give 100 [ownership in Inquirer] to [Ramon Ang] says Manuel Pangilinan who holds a minority stake in Inquirer

INQUIRER TAKEOVER. Manuel Pangilinan (right) says he has no problem divesting from Inquirer so that the takeover of Ramon Ang (left) will be seamless. Photo by Martin San Diego/Rappler

PH gov't told to pay Maynilad over P3B for delayed tariff hike

Jul 26, 2017 - 7:40 AM

An arbitral tribunal orders the Republic of the Philippines to reimburse the country s largest water concessionaire of its losses from unenforced tariff adjustments

BIG VICTORY. In a decision dated July 24, the three-man arbitral tribunal unanonimously upheld the validity of Maynilad's claim against the government to compensate the water concessionaire for the delayed tariff adjustments from 2013 to 2017. Rappler file photo

PLDT opposes DOLE order on contractual workers' regularization

Jul 25, 2017 - 4:46 PM

The Manuel Pangilinan led telco says there is no evidence proving that it violated the rules of the Department of Labor and Employment

NO EVIDENCE. Manuel Pangilinan-led PLDT questions the absence of evidence and the use of 'template' findings by the DOLE on its regularization order. Photo by Martin San Diego/Rappler

MVP open to selling his entire Inquirer stake

Jul 19, 2017 - 7:46 AM

This comes amid talks between Ramon Ang and the Rufino Prieto family for a majority stake in the Philippine Daily Inquirer

OPEN TO DIVEST. Manuel Pangilinan says he is willing to sell his Inquirer stake to Ramon Ang or anyone 'if the price is right.' Photo by Martin San Diego/Rappler

Metro Pacific sets sights on Clark airport upgrade

Jul 16, 2017 - 11:50 PM

The Bases Conversion and Development Authority plans to start the auction for the airport s P12 5 billion expansion within the year

INTERESTED. 'Yes, we will take a look at it,' MPIC chairman Manuel Pangilinan replies when asked if it will bid for Clark airport upgrade. Background photo from Wikicommons

PLDT eyes gains from manpower reduction, asset sales but expects 'steep climb'

Jun 13, 2017 - 11:35 PM

The telco is projecting savings of around P7 billion over several years from outsourcing its IT to IBM and is still eyeing selling the rest of its stake in Meralco

Groups of Ramon Ang, MVP set sights on MRT3 upgrade

Jun 05, 2017 - 7:40 AM

It was in 1999 when MRT3 was opened to decongest EDSA Now EDSA remains congested

Metro Pacific, PH's largest infra firm, unfazed by unrest in Mindanao

May 27, 2017 - 10:24 AM

Metro Pacific Investments Corporation MPIC – which holds power water rails toll roads logistics and hospitals in its portfolio – will soon announce a big investment in Mindanao

STILL SUNNY. Manuel Pangilinan, chairman of Metro Pacific, is still keen on the Mindanao market. Photo by Martin San Diego/Rappler

Metro Pacific on the lookout for at least 2 logistics acquisitions

May 03, 2017 - 6:50 PM

Metro Pacific s president and chief executive officer wants logistics to be a major contributor to the conglomerate s operations

OPPORTUNITIES. Metro Pacific is expanding its logistics unit through acquisition and organic growth

PLDT holds on to declining Rocket Internet

May 01, 2017 - 9:30 AM

Rocket Internet almost quadruples its losses in 2016 to €741 million 807 441 million PLDT owns a 6 1 stake in the German tech firm

'DISAPPOINTING.' It was in August 2014 when Manuel Pangilinan's PLDT invested €333 million (USD$362 million) for a 10% stake in the German firm. This is the telco's biggest overseas investment to date. Photo by Alecs Ongcal/Rappler

Philex Mining suspends Silangan mine project

Apr 30, 2017 - 11:40 PM

This comes after Environment Secretary Gina Lopez banned the open pit method of mining for copper gold silver and complex ores in the Philippines

PHILEX'S FUTURE. Tagged as Philex's next key revenue generator once its Padcal mine closes in 2022, the Silangan mine in Surigao del Norte province has estimated reserves of 5 billion pounds of copper and 9 million ounces of gold in its 25-year mine life. Image from official website of Philex Mining

Maynilad pours P13B into water services expansion, infrastructure

Feb 07, 2017 - 5:10 PM

The water company expects to generate around 40 549 jobs from its capital spending budget program this year despite delays in the implementation of its arbitral award

TARIFF HIKE DELAYS. This capital expenditures for water infrastructure development are implemented despite delays in arbitral award, granting Maynilad a tariff adjustment

Philex clears hurdle in Silangan mine in Mindanao

May 17, 2016 - 6:11 PM

The Silangan project is seen to start production in 2018 and become a key revenue generator for Philex after its Padcal mine closes in 2022

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

Lucio Tan group acquires more shares in VMC

Feb 19, 2016 - 2:19 PM

The deal will boost Lucio Tan s LT Group’s stake in VMC by 4 5 to 28 1

UPS INVESTMENT. Shares bought by Lucio Tan came from Hong Kong-based First Pacific Company Limited. File photo by AFP

PLDT, PCCW Global sign interconnection deal for PH-HK route

Jan 13, 2016 - 2:05 PM

The deal enables PCCW Global and the telco to expand their relationship in new market segments while improving their existing portfolios for fixed mobile and international subscribers

MORE INTERCONNECTION. The deal allows PLDT to enjoy access to PCCW Global's MobileXchange service suite, giving the telco opportunity to differentiate itself in roaming and in domestic services.

MPIC borrows P16.5B to fund project

Dec 02, 2015 - 7:32 PM

Its bank loans will be used for investments in several projects and other corporate purposes

BORROWINGS. The Manuel Pangilinan-led conglomerate has earmarked P401-billion ($8.49-billion) spending from 2015 to 2020. Photo by Chrisee Dela Paz

PLDT president and CEO Nazareno to retire end-2015

Dec 01, 2015 - 1:10 PM

UPDATED PLDT announces a 2nd organizational shakeup with chairman Pangilinan becoming PLDT and Smart president and CEO

RETIREMENT. Pangilinan praises Nazareno for leading 'Smart’s successful climb from third player to market leader.' In the photo are PLDT President and CEO Nazareno (left) and PLDT Chairman Manuel Pangilinan (right).

Metro Pacific officially takes over SCTEX

Nov 06, 2015 - 10:01 AM

The tollways group of Manuel V Pangilinan officially takes over the Subic Clark Tarlac Expressway SCTEX for an upfront payment of P3 5 billion 74 60 million for the contract

IMPROVEMENTS. MNTC President and CEO Rodrigo Franco says the turnover paves the way for the start of improvement of services on SCTEX. Photos by Chrisee Dela Paz/Rappler

Globe CEO on Telstra: I'm not scared of ghosts

Nov 05, 2015 - 8:00 PM

Anyone who comes in is a threat; but I m not going to react to a threat that s not real Sign the contract and we’ll play Globe s Ernest Cu on possible Telstra San Miguel entry

SECURE THE DEAL FIRST. Ernest Cu says Globe will only consider the possible entry of Telstra-San Miguel in its game plan once the deal is signed. Photo from Globe Telecom

Meralco: Competitive Selection Process will hurt consumers

Nov 02, 2015 - 6:00 AM

The policy is illogical and not in consumers interest as it gives gencos the power to dictate prices says the head of the distribution utility Manuel Pangilinan

Globe to sustain momentum, PLDT to climb back after H1 earnings

Aug 04, 2015 - 9:00 PM

How Globe and PLDT adapted to the digital shift influence their first half earnings results an analyst says

DIGITAL FIGHT. The first-half earnings results of Globe and PLDT weigh on how the telcos responded to the digital shift, an analyst says. In the photo are PLDT's Manuel Pangilinan (left) and Globe's Ernest Cu (right)

Meralco looking to acquire more distribution utilities

Aug 02, 2015 - 9:38 PM

The firm is looking to expand its presence beyond its franchise area and its interests could extend to Visayas and Mindanao

Globe to court GMA again?

Jun 24, 2015 - 6:08 PM

The Ayala led telco firm was one of the many suitors that courted the majority shareholders of the broadcast giant

RENEWED TALKS? Globe says it continues to engage in discusions with GMA for potential content collaboration

Why GMA-Ramon Ang talks collapsed

Jun 24, 2015 - 8:21 AM

Many analysts say the network could be fishing for a higher offer There s a lot of speculation at this point

NOT AGAIN! This was the third time broadcast giant has terminated acquisition deals with a possible investor, after two failed talks with Manuel Pangilinan (MVP). MVP's photo by AFP

GMA-Ramon Ang talks collapse

Jun 23, 2015 - 12:16 PM

I was surprised I did not expect this businessman Ramon S Ang says of the latest development in his planned acquisition of at least a 30 interest in GMA

Metro Pacific eyes 3 more PPP deals

May 30, 2015 - 2:09 PM

After the Cavite Laguna Expressway Manuel Pangilinan led infrastructure conglomerate sets its sights on the LRT 2 operations and maintenance North South railway project and regional airports

MORE PPP. Infrastructure conglomerate MPIC will not stop bidding for more public-private partnership deals. In the photo are MPIC President Jose Ma Lim (left) and Chairman Manuel Pangilinan (right). File photo by Aya Lowe/Rappler

Is Ramon Ang buying GMA? Network chief now uncertain

May 15, 2015 - 7:23 AM

GMA chief Felipe Gozon says the network s majority shareholders have already presented their cards on the table It s now up to Ang he adds

PLDT to invest over $30 million in 'Big Data' services

May 13, 2015 - 8:18 PM

In the long run these Big Data solutions will help improve PLDT s bottom line and increase the subscriber base of the group PLDT chief strategy officer Winston Damarillo says

PLDT now has a network of 6 data centers with close to 2,500 racks...By 2016, we will have a full capacity to 8,000 racks, PLDT Chairman Manuel Pangilinan says. File photo by Rob Reyes/Rappler

Don't cut the cord just yet: 4 telco services into one

May 09, 2015 - 2:41 PM

Customer experience is what s guiding PLDT to stay ahead in an industry where customers expect all of their devices to interact with each other

"Families assume various roles in life when they step out of their home. Our task is for them to remain connected and enable them to be successful," Isaias Ariel Fermin, PLDT's new head for Consumer Business. Photo by Rob Reyes

Hundreds of PLDT staff to be laid off by yearend

May 06, 2015 - 5:23 PM

The Philippines second most valuable listed company targets to lay off around 450 employees to cut operational costs and align the skill set of its workforce

Hundreds of PLDT employees are set to be laid off by yearend as the telecommunication giant pushes through with its manpower reduction program. File photo by Rappler

Marikina Polytechnic College execs dismissed, face graft raps

Oct 29, 2014 - 9:10 AM

The Ombudsman says officials of the state run college entered into irregular deals with favored but unqualified suppliers from 2005 to 2006

GMA shareholders, Ang to sign share deal by Sept

Aug 14, 2014 - 6:38 PM

UPDATED GMA says Ang’s entry will help improve the performance of the network which posted a decline in earnings in the first half of the year

GMA-7 management, union ink new CBA

Jul 25, 2014 - 4:12 PM

The new CBA is signed a month after the network announced the entry of Ramon S Ang as investor

GMA management, union ink CBA. The agreement follows a month after the network announced the entry of Ramon S. Ang as investor.

PH dismisses new China protest over drilling in Recto Bank

Jul 21, 2014 - 4:16 PM

Within our capability we will be able to extend all the necessary protection for them says Defense Secretary Voltaire Gazmin