While accustomed to a life on the move below water, female sea turtles use their geomagnetic abilities, or an internal GPS, to return to their place of birth and lay their own eggs. At the same time, way above, migratory birds also possess their own inner compass, which guide them in moving from...
Aboitiz-led Union Bank of the Philippines (UnionBank) announced that its Senior Executive Vice President Ana Maria Aboitiz Delgado will take the helm of the bank next year from current President and CEO Edwin R. Bautista who had been asked to extend his term in 2022. In a disclosure to the...
Aboitiz InfraCapital (AIC) Estate Water has launched its pilot solar deep well program in West Cebu Estate, an AIC Economic Estate. In a statement on Monday, June 24, the firm said this initiative transitions the deep well facility of West Cebu Estate to a fully off-grid, solar-powered system. The...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
A new transfer service system in the Mactan-Cebu International Airport (MCIA) called “Cebu Connect” aims to cut layover time from an hour to 30 minutes or less. This project was part of MCIA’s operator Aboitiz InfraCapital GMR Megawide Cebu Airport Corporation (AGMCAC) plan to boost tourism...
Electrical engineers from Davao Light and Power Co. Inc. (Davao Light), a distribution utility of Aboitiz Power Corp., have been recognized as globally competent professional engineers after they were conferred the title of Association of Southeast Asian Nations Chartered Professional Engineers...
Real estate giant Ayala Land, Inc. (ALI) of the Zobels is buying out the Aboitiz Group’s 50 percent stake in Cebu District Property Enterprise Inc. (CDPEI) for P1.81 billion. In a disclosure to the Philippine Stock Exchange, ALI said it has entered into a share sale and purchase agreement...
CEBU CITY – Sufficient power must be ensured in a place with a fast-rising economy like Metro Cebu. RONALDO Ramos, chief operating officer for operated assets of the AboitizPower Thermal Business Group, speaks during the Good Design, Good Business Summit of the Cebu Business Months 2024 on...
Private Sector Advisory Council (PSAC) lead convenor Sabin Aboitiz welcomed President Marcos' recent order to the Bureau of Customs (BOC) and the Department of Agriculture) to ensure 24/7 uninterrupted shipment processes , saying this will result in substantial improvement in the country's economic...
Aboitiz scholar Gilbert Chua (standing) during his studies at the Asian Institute of Management-Aboitiz School of Innovation, Technology and Entrepreneurship (AIM ASITE). In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of...
CHORDS “Life flows on within you and without you,” sang the late great George Harrison in a Beatles song he wrote for the Sgt. Pepper’s album. With a chapter of my life coming to a close as I leave AboitizPower, looking back on my professional life — from being an Engineer to President and...
With RES, businesses can achieve significant savings on electricity costs, enhancing overall financial performance. Newsrooms typically race against time to break the latest stories and deliver attention-grabbing headlines to the public with seamless connectivity – hence, access to reliable and...
