Aboitiz InfraCapital Inc., the infrastructure arm of the Aboitiz Group, said hands are now on deck to redevelop the P12.75-billion Laguindingan International Airport in Misamis Oriental. In a statement on Tuesday, Oct. 29, Aboitiz InfraCapital said that it will redevelop Laguindingan airport in two...
Holding firm Aboitiz Equity Ventures Inc. (AEV) reported a four percent improvement in consolidated net income to P18.8 billion for the first nine months of 2024, from the P18 billion reported for the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
Aboitiz Power Corp. has reported an increase in net income for the first nine months of the year, driven by improved margins, the addition of new solar plants, and increased retail volume and energy sales. In a disclosure to the Philippine Stock Exchange, the company announced a net income of P27.3...
Aboitiz InfraCapital Economic Estates reported that one of its lessors, ATOMED Cebu Inc., is planning to expand its operations in the Philippines by adding incubator assembly lines and increasing its research and development capabilities. In a statement, the firm said ATOMED Cebu has renewed its...
A beneficiary of SN Aboitiz Power’s PUNLA watershed management program, Juliano Diclihon, proudly shows the Ifugao Rice Terraces. The priceless Rice Terraces of the Philippine Cordilleras is a mark of the proud Ifugao people, bearing witness to 2,000 years of sustainable farming, culture,...
In a startling report on climate adaptation, the Intergovernmental Panel on Climate Change revealed warming-fueled disasters are already worse than scientists first predicted. Sudden shifts in weather patterns are not new, but they are happening at a rate and intensity that pose a growing risk to...
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, and House of Investments (HI), the non-bank holding company of the Yuchengco Group of Companies, announced today plans for a strategic partnership for the joint development of an expanded Economic Estate in Tarlac through...
Strengthening the partnership are (from left) Manila Bulletin Sustainability Forum 2024 Project Lead Philip Cu Unjieng, AboitizPower Vice President for Corporate Communications Ronald 'Suiee' Suarez, and Manila Bulletin Business Development Head Jordan Tan. AboitizPower, one of the country’s...
Aboitiz Foods, the integrated food and agribusiness unit of Aboitiz Equity Ventures, has inaugurated its latest and most advanced feed mill in Long An, Vietnam which entailed a $45 million investment. In a statement, the firm said this state-of-the-art facility is the company’s largest...
Artificial Intelligence (AI) is gaining widespread attention as numerous institutions, companies, and applications harness this cutting-edge technology. While some remain cautious about integrating AI, others view it as an opportunity to provide more convenient and cost-effective services to...
The Yuchengcos has teamed up with the Aboitizes for the joint development of an expanded Economic Estate in Tarlac through House of Investments and Aboitiz InfraCapital (AIC), respectively. In a disclosure to the Philippine Stock Exchange, AIC said they are forging plans for a strategic partnership...