Aboitiz-led bank also awarded‘Best Digital Banking Services in the Philippines’ Union Bank of the Philippines (UnionBank) strengthened its position as a digital trailblazer in the Philippine banking space anew as it recently took home two major awards at The Asian Banker Excellence in Retail...
The joint venture of Aboitiz Power Corporation and AC Energy and Infrastructure Corp. of the Ayala group will be selling electricity to Manila Electric Company (Meralco) for a rate higher by P1.65 per kilowatt hour (kWh) to P5.96 per kWh compared with the cheaper P4.31 per kWh rate of South...
Tougher times are upon us. Filipinos, regardless of economic status, feel the impact of high inflation rates. Apart from the economic struggles, the threat of COVID-19 remains. But with hopeful transformation through the power of technology and innovation, we can retain a positive outlook on the...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the planned listing of Aboitiz Equity Ventures’ (AEV) P20 billion fixed-rate retail bonds, which includes oversubscriptions. In a disclosure to the Philippine Stock Exchange, AEV said the 2022 Bonds consist of a base offer in the...
It is impossible to look to the future without putting sustainability at the forefront of present action. That is why for Manila Bulletin’s inaugural Sustainability Forum, anchored on the theme “Beyond Green,” audiences learned best practices from sustainability trailblazers who have...
Filipino CEOs highlighted the opportunities and strength of the Philippines and the domestic economy as the main reason the country is being dubbed as the “next best thing in Asia.” At the 55th Annual Dialogues Summit of the Pacific Basin Economic Council (PBEC), Aboitiz Group President and...
The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a "generation" capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being...
Aboitiz InfraCapital, a unit of Aboitiz Equity Ventures, has tapped NOW Corporation to provide broadband internet services in its LIMA Estate in Batangas. In a disclosure to the Philippine Stock Exchange, NOW said it has established a multi-year collaboration agreement with Aboitiz's LIMA Land,...
Renewable energy can be transformative. A robust and sustainable energy system can be among the ways to mitigate the impact of climate change, contribute to energy security, and support efforts for energy accessibility. It also provides opportunities for investments and economic growth, which are...
Aboitiz Infra Capital, the infrastructure arm of the Aboitiz Group, is investing about P2 billion to expand its economic estates, primarily for its Lima Estate in Lipa and Malvar, Batangas. Aboitiz InfraCapital First Vice President Rafael Fernandez de Mesa said during the Laging Handa Public...
The Securities and Exchange Commission (SEC) has approved the bond offerings of San Miguel Corporation (SMC) and Aboitiz Equity Ventures, Inc. (AEV) that will raise up to P90 billion for the two firms. The Commission En Banc resolved to render effective the registration statement of SMC for up to...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is planning to raise up to P20 billion from a proposed bond issue with a base amount of up to P8 billion, with an oversubscription option of up to P12 billion. The issuance will come from the Company’s fourth and final...
