Aboitiz Construction reported that it has signed a contract with Aboitiz Equity Ventures’ subsidiary Republic Cement and Building Materials Inc. (RCBM) to provide site-specific support across three of its key facilities. In a statement, the engineering unit of the Aboitiz Group said this deal...
Republic Cement & Building Materials Inc., a member of the Aboitiz Group, has partnered with household and personal care products manufacturer ACS Manufacturing Corporation in a bid to reduce plastic pollution. The cement maker said in a statement that, under this partnership, ACS will be...
Department of Trade and Industry (MANILA BULLETIN) The Philippines has expanded the list of countries covered with the safeguard measure on cement importation with additional 13 countries, including Indonesia, as sourcing of cheap cement may have been diverted to countries previously exempt from...
The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corporation’s planned issuance of fixed-rate bonds worth up to P30 billion. The SEC said AboitizPower may issue the debt securities in one or more series within three years. For the first tranche, the listed...
Aboitiz Equity Ventures Inc. reported a 47 percent fall in consolidated net income to P8.3 billion in the first nine months of 2020 from the P15.7 billion posted in the same period of last year. In a disclosure to the Philippine Stock Exchange, the firm said it recognized non-recurring losses of P5...