Aboitiz Equity Ventures Inc. reported that consolidated core net income remained unchanged at ₱25.5 billion for last year, as growth in its food and beverage segments offset earnings drag from its power generation arm. In a disclosure to the Philippine Stock Exchange, the diversified investment...
Across Asia, food security increasingly depends on resilient, inclusive food systems that integrate farmers and their communities. As Aboitiz Foods expands its footprint across eight countries in the region, so does its commitment to helping strengthen these systems, anchoring its growth to a clear...
Aboitiz-led UnionBank of the Philippines reported a 17-percent drop in net income to ₱10 billion last year from the ₱12.03 billion earned in 2024 due to higher provisions and lower trading and miscellaneous gains. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 2, the...
Aboitiz Power Corporation (AboitizPower) ranked 31st overall in the “Top 100 Graduate Employers” for 2026 in the Philippines by Prosple, a careers and education technology company. In terms of individual career path, AboitizPower was popular among students interested in creative, mechanical and...
The antitrust watchdog Philippine Competition Commission (PCC) has greenlighted the joint venture (JV) between the Yuchengco and Aboitiz families to develop a 184-hectare (ha) industrial park in Tarlac province as an expansion of Lima Land Inc.’s TARI Estate. With PCC clearance, Yuchengco...
Aboitiz Equity Ventures Inc., the investment vehicle of one of the Philippines ' oldest business dynasties, retained its top-tier credit rating as robust cash flow from its energy and banking units offsets an uptick in borrowing for acquisitions. Philippine Rating Services Corp. kept its PRS...
The Navotas City government has recognized Therma Mobile, Inc., a subsidiary of Aboitiz Power Corporation (AboitizPower), as the number one taxpayer of real property tax in the city for the ninth consecutive year, while also tallying at the 11th spot for local business tax. The award was presented...
Tsuneishi Heavy Industries (Cebu) Inc., a joint venture between Japan’s Tsuneishi Shipbuilding Co. Ltd. and the Aboitiz Group, has delivered the world’s first methanol-powered Kamsarmax bulk carrier, a shift toward higher-value manufacturing in the Philippine maritime sector. The vessel, named...
Aboitiz Foods subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH) has fully acquired Diasham Resources Pte. Ltd., a Singapore-based manufacturer and distributor of high-quality animal nutrition and health solutions. In a disclosure to the Philippine Stock Exchange, Aboitiz Foods’ parent...
The country’s antitrust regulator approved the sale of three Luzon hydroelectric power plants to a unit of Aboitiz Power Corp. after the conglomerate pledged to cap prices and maintain supply levels to prevent market dominance in the grid’s reserve power sector. In a statement, the Philippine...
Every weekday, the Metro draws in workers from nearby cities, turning long commutes into a daily routine. In the South, a different kind of center is taking shape, one that brings work, home, and daily living closer together. In Batangas, Biz Hub at LIMA Estate is emerging as a fast-rising central...
In his 29 years in the power generation industry — eight in the Therma Visayas power plant in Toledo City, Cebu — Nilo Lumbaca, 56, has always aspired to be the best he can be because of his family. “Outside of work, I really value spending quality time with my family. Being with them...
