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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New pharmacy concept combines local trust, Japanese wellness at One Ayala

AC Health has launched the first St. Joseph Drug Powered by Sugi store at One Ayala in Manila, blending local healthcare knowledge with Japan’s wellness expertise.

VP seeks early impeachment case dismissal

Vice President Sara Duterte on Monday formally answered the impeachment charges filed by the House of Representatives, with her legal team submitting a 50-page response before the Senate that seeks the case’s immediate dismissal. According to spokesperson Michael Poa, the filing challenges the impeachment proceedings on several grounds, including alleged defects and constitutional infirmities in House procedures, deficiencies in the substance of the complaint, and questions over the admissibility of evidence. The House earlier impeached Duterte over allegations of unexplained wealth, high crimes, and misuse of public funds, accusations she has consistently denied.

Nordeco elevates franchise dispute to Supreme Court, challenges private takeover

Northern Davao Electric Cooperative Inc. (Nordeco) has brought its legal battle over power distribution rights to the Supreme Court, seeking clarification and review of rulings that allow it to operate alongside Davao Light and Power Co.

Philippines, Vietnam team up to expand tourism

The Philippines and Vietnam have launched a new tourism partnership aimed at boosting visitor arrivals, expanding air links, and capitalizing on the growing travel demand between two of Southeast Asia’s fastest-growing economies.

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