Aboitiz Economic Estates and House of Investments have formalized a joint venture to expand the fast-growing TARI Estate in Tarlac, signaling rising investor confidence in Central Luzon’s emergence as a manufacturing and logistics corridor.
Southern Luzon is lining up for a major infrastructure boost as Aboitiz Economic Estates pushes ahead with the LIMA Gateway interchange, a project set for completion in 2027 that promises faster logistics, smoother commutes and stronger investor appeal.
Rafael Fernandez de Mesa likes to open with a joke. In another life, he says, he might have been the first Rafa people talked about. Instead, that distinction belongs to Rafael Nadal. Fernandez de Mesa found his arena elsewhere, trading baseline rallies for balance sheets.
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 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.
The various banks accelerated their lending activity in August, driven by a steady demand for credit from key business sectors. Big banks expanded their loan portfolios by 11 percent year-on-year, picking up speed from the 10.4 percent growth recorded in July.