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 The holding company of the Roxas group has sold a portion of its holdings in its sugar milling arm to Hong Kong-based First Pacific Company Ltd. (FPIL) , a move seen to prepare its sugar business for the ASEAN economic integration in 2015.

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The Manila Electric Co. (Meralco) has agreed to join Hong Kong’s First Pacific Company Ltd., through subsidiary Meralco PowerGen Corp., “to take 70 percent interest together in a Singapore power project using a joint venture company.”

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Manila Electric Co. (Meralco), the country's largest power distributor, is expanding its business abroad for the first time through a Singapore $600-million acquisition of Singaporean power firm.

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2011 was a very interesting year for both politics and business in this country.
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FIRST PACIFIC COMPANY LTD

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The Manila Electric Co. (Meralco) has agreed to join Hong Kong’s First Pacific Company Ltd., through subsidiary Meralco PowerGen Corp., “to take 70 percent interest together in a Singapore power project using a joint venture company.”

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abtest

FPIC buys add’l 31% stake in Roxas sugar unit

November 15, 2013 - 12:00am

 The holding company of the Roxas group has sold a portion of its holdings in its sugar milling arm to Hong Kong-based First Pacific Company Ltd. (FPIL) , a move seen to prepare its sugar business for the ASEAN...

Business

Meralco expands to Nigeria

By Iris Gonzales | November 11, 2013 - 12:00am

The Manila Electric Co. (Meralco), the country’s biggest power distributor, has formally expanded its foothold in Nigeria, Africa last Nov. 1, its chairman said.

Business

Meralco Power Gen’s Singapore investments on track

By Iris Gonzales | August 5, 2013 - 12:00am

Meralco PowerGen, the power generation arm of Manila Electric Co. (Meralco) said PacificLight Power, its investments in Singapore, is on track to be operational by the end of 2013.

Business

Meralco expands in Singapore

March 5, 2013 - 12:00am

The Manila Electric Co. (Meralco) has agreed to join Hong Kong’s First Pacific Company Ltd., through subsidiary Meralco PowerGen Corp., “to take 70 percent interest together in a Singapore power project...

Headlines

Meralco expands in Singapore

By Neil Jerome C. Morales | March 4, 2013 - 9:00pm

Manila Electric Co. (Meralco), the country's largest power distributor, is expanding its business abroad for the first time through a Singapore $600-million acquisition of Singaporean power firm.

Business

SSS to liquidate some assets

By Iris Gonzales | April 16, 2012 - 12:00am

The Social Security System (SSS), the state-owned pension fund for private employees, is currently cashing in on its stake in firms with small market capitalization as part of its portfolio management and investment...

Business

Points to ponder

January 1, 2012 - 12:00am

2011 was a very interesting year for both politics and business in this country.

Business

SSS willing to sell Philex Mining shares

By Iris Gonzales | July 20, 2011 - 12:00am

The Social Security System (SSS) is open to selling its shares in Philex Mining Corp. if it receives a good offer, its top official said.

Business

Maynilad hikes capital to P3.34 billion

By Zinnia B. Dela Peña | March 31, 2008 - 12:00am

Business

PLDT needs JBIC board approval for $80-M loan

July 25, 2002 - 12:00am

Unless the Japan Bank for international cooperation (JBIC) board finally approves its $80 million loan, the Phililippine Long Distance Telephone Co. (PLDT) may have difficulty meeting some of its financial obligations...

Business