Metro Pacific Investments Corp. (MPIC) confirmed its continued interest in acquiring a larger stake in Metro Pacific Health Corp. (MPH), the country’s largest private hospital network, as part of its broader strategy to expand and digitize healthcare services in the Philippines.
Acting Transportation Secretary Giovanni Lopez has ordered the deferment of a ₱50 million vehicle procurement plan for the Department of Transportation (DOTr) Central Office, reallocating the funds instead to enhance facilities at the Land Transportation Office (LTO) and Land Transportation Franchising and Regulatory Board (LTFRB).
The Manila Electric Co. (Meralco) is targeting the installation of an additional 1,500 circuit kilometers of underground power lines by 2030, expanding from the current 567 circuit kilometers.
Despite rising electric and hybrid vehicle sales in the Philippines, infrastructure gaps—particularly the lack of charging stations—remain a major hurdle to widespread EV adoption, according to ING Bank.