2023 was a banner year for PLDT. The group generated record-breaking revenues and expanded its Philippine and global business sectors. It also celebrated its 95th Anniversary, reflecting on its heritage and innovative growth.

The journey from fixed-line telephony to digital transformation has been remarkable. PLDT touches lives and connects its multiple communities to help them work, learn and play. The group has been investing in technology, infrastructure and human capital to enable a digital Philippines.

On 1 March 2024, Meralco PowerGen Corporation (“MGen”) and its partners announced a landmark development for the Philippines’ energy sector, with the launch of the country’s first integrated liquefied natural gas (“LNG”) facility. The collaboration between MGen, Aboitiz Power Corporation and San Miguel Global Power Holdings Corp. is a deal valued at approximately US$ 3.3 billion.

The venture will augment the Philippines’ power supply with over 2,500 MW of generation capacity – offering affordable power while significantly lowering greenhouse gas emissions.

Early this year, Indomie launched two tasty new products: Indomie Rawon Pedas Mercon - based on the spicy Indonesian rawon soup - and Indomie Goreng Kebuli, with its aromatic Middle Eastern spices.

Consumers responded positively to the authentic rawon noodle flavor with its playful spicy chili mercon and salted egg cracker topping. Equally, the Kebuli noodle product hit the mark with its associations with a favorite dish enjoyed during Ramadan. As an instant noodle brand leader in Indonesia for over 50 years, Indomie’s appeal, timing and relevance continue to inspire.

First Pacific Managing Director and CEO Manuel V Pangilinan has been honored with the papal Pro Ecclesia et Pontifice award.

He accepted the award in Manila Cathedral and said: “It is a profound privilege to be recognized by Pope Francis. And with this humble acceptance comes the awareness of the responsibilities which accompany the award.” Pangilinan believes in the transformative power of collective action in the service of humanity.

The Archbishop of Manila, Jose Cardinal Advincula, cited Pangilinan’s outstanding and generous service to the Catholic church and Caritas Manila, at the conferment ceremony.