Tag: Aboitiz

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Aboitiz, House of Investments gets clearance for Tarlac Estate expansion

LIMA Land Inc., the Aboitiz Group’s economic estates arm, and House of Investments (HI) of the Yuchengco Group have secured clearance from the Philippine Competition Commission, paving the way for the formalization of their joint venture at TARI Estate in Tarlac.

Aboitiz pushes deeper energy privatization drive

Aboitiz Group is doubling down on energy privatization, arguing that private capital and operational expertise are essential to securing the Philippines’ power future. The position comes as a consortium led by Aboitiz formally took over the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant, one of the country’s most strategic energy assets.

Aboitiz opens Tokyo office, courts Japanese manufacturers

Aboitiz Economic Estates (AEE) has planted its flag in central Tokyo, opening a dedicated Japan Office to tighten ties with Japanese manufacturers and smooth the path for those expanding or scaling operations in the Philippines. 

Aboitiz focus on industry, townships follow jobs

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.

PCC clears hydro deal with guardrails

The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.

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Globe earnings climb despite economic headwinds

Globe Telecom opened 2026 with stronger revenues and operating profits as rising mobile data usage, expanding fiber adoption, and growing digital finance contributions helped cushion the impact of a challenging economic environment.

IBPAP pushes cybercrime law overhaul, protects IT-BPM

The IT and Business Process Association of the Philippines (IBPAP) is urging lawmakers to amend the Cybercrime Prevention Act of 2012 to strengthen enforcement and better safeguard the IT-BPM sector.

Filipino crew safe amid deadly hantavirus scare

Global health authorities are closely monitoring a deadly hantavirus outbreak aboard the Netherlands-registered MV Hondius cruise ship, even as Philippine officials confirmed that all 38 Filipino crew members on board have tested negative for the virus and remain in good condition.

Business, consumer loans power faster credit growth in March

Bank lending and domestic liquidity both accelerated in March 2026, signaling stronger economic activity as businesses borrowed more for expansion and households continued spending.

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