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ABOITIZ Equity Ventures, Inc. (AEV) is slashing its 2020 capital expenditures (capex) by about 36% to P47 billion in a bid to cut spending as it factors in the impact of the coronavirus disease 2019 (COVID-19) pandemic.
ABOITIZ POWER Corp. said it is eyeing to finish the preparation for a 668 megawatts (MW) power plant unit in Bataan this year before it can commercially run in the first quarter of 2021.
ABOITIZ Equity Ventures, Inc. (AEV) reported on Tuesday a 1% dip in net income to P22 billion for 2019, as its top contributing power business recorded a double-digit profit decline after last year’s power outages.
ABOITIZ Equity Ventures, Inc. (AEV) on Wednesday said it tapped global analytics-driven cybersecurity firm BlueVoyant as its managed security services provider.
ABOITIZ Equity Ventures, Inc. (AEV) has obtained approval from the Securities and Exchange Commission (SEC) to offer to the public P30 billion worth of fixed-rate bonds.
THE infrastructure unit of Aboitiz Equity Ventures, Inc. (AEV) hopes to start operating two regional airports by the end of 2019, including the P42.7-billion Laguindingan Airport in Misamis Oriental.
ABOITIZ EQUITY Ventures, Inc. (AEV) on Monday said it is borrowing P9 billion from several banks for its bulk water project in Davao City.
ABOITIZ Equity Ventures, Inc. (AEV) expects to start constructing its P14-billion Apo Agua bulk water supply project in Davao City by next month, after having secured all the necessary permits.
A CONSORTIUM which includes the Ayala and Aboitiz groups submitted to the government an unsolicited proposal for the design and development of the national identification (ID) system.
ABOITIZ EQUITY Ventures, Inc. (AEV) reported a first-half net income of P10.1 billion, lower by 2% compared with the P10.3 billion it recorded a year ago as the holding firm continued to suffer non-recurring foreign exchange losses on its dollar-denominated debt.
The infrastructure unit of the Aboitiz Group submitted an unsolicited proposal to modernize four major regional airports for close to P150 billion. Aboitiz Equity Ventures,...
By Arra B. Francia, Reporter ABOITIZ EQUITY Ventures, Inc. (AEV) is banking on the implementation of the government’s infrastructure projects to boost its cement business...
THE Aboitiz group is preparing 11 fifth-generation family members as its next set of leaders within the next two years when a number of...