Metro Pacific takes over Metro Antipolo Hospital, 28th in its medical chain

MANILA, Philippines — Metro Pacific Health Corp. (MPH), the private hospital network led by billionaire Manuel Pangilinan, acquired a majority shareholding in Metro Antipolo Hospital and Medical Center Inc. (MAHMC), adding a 28th hospital to its portfolio. MPH plans to establish a new urgent care center for the 109-bed MAHMC to expand the latter’s outpatient services. Continue reading Metro Pacific takes over Metro Antipolo Hospital, 28th in its medical chain

BIZ BUZZ: From Maroons to Blue Eagles

After eight years of standing as a godfather of the University of the Philippines (UP) Men’s Basketball Team, businessman Januario Jesus “JJ” Atencio bid the Maroons adieu this University Athletic Association of the Philippines (UAAP) Season 88. The move was due to “personal reasons.” But at the same time, Atencio felt it was time to Continue reading BIZ BUZZ: From Maroons to Blue Eagles

First Gen to fork out $80M for Indonesian geothermal foray

MANILA, Philippines – Lopez-led First Gen Corp. will bring in up to $80 million in initial investments to jumpstart its fresh venture in the Indonesian market. Francis Giles Puno, president and chief operating officer of First Gen, said that aside from its expertise in the geothermal space, the group would likewise pour money into its Continue reading First Gen to fork out $80M for Indonesian geothermal foray

Robinsons Land unlocks P7.75B from REIT

MANILA, Philippines – Gokongwei-led Robinsons Land Corp. (RLC) sold P7.75 billion worth of its shares in its real estate investment trust (REIT) arm, making room for possibly more asset infusions as the latter diversifies its portfolio. In a regulatory filing on Tuesday, RLC said it had sold 1 billion common shares of RL Commercial REIT Continue reading Robinsons Land unlocks P7.75B from REIT

Letran all set for NCAA Season 101 format

Only a few weeks remain before the opening of the NCAA Season 101 men’s basketball tournament, where the league moves on from the traditional format and implements a new one. Letran, however, isn’t taking the format lightly. Especially since it can bite the Knights in the back if they aren’t careful. Just ask Rain or Continue reading Letran all set for NCAA Season 101 format