For three decades, the Aboitiz Group has been quietly building a real estate portfolio that spans homes, offices, and commercial spaces. But in recent years, it has made a deliberate pivot away from crowded residential battlegrounds toward a less glamorous, far more strategic corner of the market: industrial development. The bet is simple but bold—build where factories, logistics, and infrastructure go first, and let communities grow organically around them.
In an exclusive interview with Context.PH, SteelAsia chairman and chief executive officer Benjamin Yao laid out a vision that goes beyond growth targets and capacity figures. At stake, he said, is nothing less than the country’s industrial future.
Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.
Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.
With the aggressive fiber network rollout behind it, Converge Information and Communications Technology Solutions Inc. has cut back its capital expenditure budget this year,...