Global Business Power Corporation - updates

Rappler's latest stories on Global Business Power Corporation


Metro Pacific net income rises by 15% in 2017

Mar 01, 2018 - 6:45 PM

The increase to P13.2 billion in 2017, from P11.5 billion in 2016, is largely due to Meralco and Global Business Power

PLDT sells remaining stake in Beacon to MPIC

Jun 14, 2017 - 1:30 PM

Metro Pacific Investments Corporation the sister company of PLDT buys the telco s remaining stake in Beacon for P21 8 billion

FINANCIALLY SATISFYING. 'The divestment of our Beacon investment will help the PLDT group focus on the key priorities in its core businesses. While the investment is now viewed as no longer strategic, it has nonetheless been a very financially satisfying one,' PLDT Chairman Manuel Pangilinan says. Photo by Martin San Diego/Rappler

Metro Pacific expects higher core net income in 2016

Aug 03, 2016 - 6:10 PM

During the first half of the year Metro Pacific sees a 13 increase in its core net income to P6 6 billion on the back of strong growth in all its operations

BETTER CASH FLOW. In undertaking latest acquisitions, Metro Pacific chief Jose Maria Lim says the firm has enhanced its overall cash flow and growth prospects. Photo by Chrisee Dela Paz/Rappler

Meralco gets ERC approval to source 64 MW of additional power

May 25, 2015 - 8:53 AM

Meralco’s IPSA agreements will result in reduced exposure to WESM and is predicted to lower consumers electricity rates

Ty group putting up another coal plant in Iloilo

Jan 30, 2014 - 5:07 PM

The plant will serve the power requirements of ongoing developments in the province

Ty group gets P7-B loan for Toledo coal plant

Mar 08, 2013 - 2:27 PM

A consortium of banks grant a P7 billion facility to George Ty led Toledo Power to finance the expansion of its clean coal fired power plant in Toledo City

P7 BILLION LOAN. Toledo Power is looking to finance expansion. AFP Photo

Ty-led power unit eyes putting up 200-MW plants in Luzon

Aug 17, 2012 - 1:39 AM

Tycoon George Ty s power company wants to join the biggest power players of the country in Luzon where an energy shortage looms