Aboitiz InfraCapital, Inc. is quietly reshaping how Filipinos fly, building a web of mostly exclusive domestic routes that bypass Manila and stitch the islands closer together.
Aboitiz InfraCapital, Inc. (AIC) said its airport portfolio made a strong showing last year, recording 16.2 million passenger arrivals as air travel demand continued to surge across the Visayas and Northern Mindanao.
Aboitiz InfraCapital (AIC) has flipped the switch on a wave of behind-the-scenes upgrades at two of the country’s busiest provincial gateways—Bohol-Panglao International Airport (BPIA)...
Bohol–Panglao International Airport (BPIA) hit a breakthrough moment with the first-ever landing of an Airbus A330 on November 16–a 459-seat Cebu Pacific wide-body now flying daily between Manila and Tagbilaran.
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, reaffirmed its long-term commitment to Mindanao at two key events in Davao City last September: the Davao Investment Conference (Davao ICON) 2025 and the Mindanao PPP Facilitation Initiative launch.
OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.