Aboitiz Equity Ventures Inc., the investment holding company of the diversified Aboitiz Group, kept its earnings steady in 2025 while accelerating its push to transform into a “techglomerate,” underscoring the conglomerate’s strategy of layering digital capabilities across its core businesses.
Aboitiz Equity Ventures Inc. (AEV) and Global Infrastructure Partners (GIP), a unit of BlackRock, have sealed definitive agreements formalizing their strategic partnership in Aboitiz InfraCapital, Inc. (AIC), marking one of the largest recent foreign investments in Philippine infrastructure.
President Ferdinand Marcos Jr. has cleared the expansion of the Aboitiz-backed West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ), approving the addition of seven new land parcels that widen the zone’s footprint in Balamban, Cebu.
The Philippines and Egypt are exploring new avenues for trade and investment cooperation, with discussions ranging from textile manufacturing opportunities using premium Egyptian cotton to the possible revival of a bilateral economic committee aimed at deepening commercial ties.
The Department of Energy (DOE) announced mixed price adjustments for fuel this week. Gasoline may drop by as much as P1.70 per liter or rise by up to P0.30 per liter.
The Department of Energy (DOE) has confirmed that nine companies have passed the initial evaluation for offshore wind projects under the fifth Green Energy Auction (GEA5), down from more than 20 original applicants.
The Department of Agriculture (DA) has confirmed growing calls to amend Joint Administrative Order No. 2008-1, which limits approved bioethanol raw materials to only sugarcane and molasses, to include corn as an additional feedstock. The proposal remains under review and awaits final decision from the National Biofuels Board, with officials noting the move is being reconsidered amid an ongoing fuel crisis.