Thursday, 30 October 2025, 1:21 pm

    Tag: Aboitiz InfraCapital

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    Aboitiz InfraCapital secures development body nod for P5B Iloilo City water project

    Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has secured a key endorsement from the Iloilo City Local Development Council (LDC) for its P5-billion Iloilo Bulk Water Supply Project, a major step toward improving long-term water security in the region.

    Mactan-Cebu Intl Airport boosts performance, gears for growth in 2025

    Mactan-Cebu International Airport (MCIA), managed by Aboitiz InfraCapital Cebu Airport Corp., is gearing up for higher growth in 2025, building on a series of operational and sustainability milestones achieved in 2024. 

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    Second-quarter OFC holdings inch higher

    The domestic claims, or assets, of other financial corporations (OFCs) in the Philippines grew marginally by 0.1 percentin the second quarter of 2025 compared with the previous quarter, reaching ₱10.7 trillion, according to the Bangko Sentral ng Pilipinas (BSP). Year-on-year, the sector’s assets expanded by 16.7 percent.

    October inflation seen staying low despite higher food, power costs

    The Bangko Sentral ng Pilipinas (BSP) expects inflation in October 2025 to remain modest, projecting it to fall within the 1.4 percent to 2.2 percent range.

    Asia United earnings rise on strong revenues, efficiency gains

    Asia United Bank (AUB), along with its subsidiaries, sustained its profitability in the first nine months of 2025, driven by higher revenues and improved operational efficiency.

    Fed cuts rates anew, further reduction uncertain

    The Federal Reserve lowered its benchmark interest rate Wednesday for the second time this year, aiming to support economic growth and hiring even as inflation remains elevated. But Fed Chairman Jerome Powell cautioned that another cut at the central bank meeting in December is far from certain.

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