October 2015

    The Aboitiz Foundation, the social development arm of the Aboitiz Group, and Therma Marine, Inc.-Mobile I recently turned over AGAPP (Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa) “Silid Pangarap” kindergarten classrooms to Concepcion Elementary School in Maco, Compostela Valley.   The turnover was attended by Aboitiz Foundation Executive Vice...

    WeatherPhilippines Foundation has partnered with Ayala Corporation to encourage Filipinos to optimize weather knowledge for socio-economic growth.   With the common goal of building a #WeatherWiser nation, Ayala Corporation has committed to become a Platinum Sponsor of WeatherPhilippines through  a memorandum of agreement (MOA) signed last October...

    Aboitiz Power Corporation (AboitizPower) recorded an 8% year-on-year (YoY) decrease on its consolidated net income, from P13.2 billion to P12.2 billion from January to September this year. This translated to earnings per share of P1.66. The revaluation of consolidated dollar-denominated loans and placements resulted to...

    The Aboitiz Foundation, the social development arm of the Aboitiz Group, is expanding its enterprise development program to include skills training support for partner cooperatives, having recently signed an agreement with the Technical Education and Skills Development Authority (TESDA) for this initiative.   The memorandum of agreement...

    Pilmico, the food subsidiary of the Aboitiz Group, together with the Aboitiz Foundation, has donated relief packs to 648 families in Mayantoc, Tarlac affected by heavy flooding due to Typhoon Lando.   The relief packs, containing essential food items such as biscuits, sardines, corned beef, coffee, and...

    Aboitiz Equity Ventures, Inc. (AEV) reported a 17% year-on-year (YoY) consolidated net income decline from P14.3 billion to P11.9 billion from January to September 2015. This translates to P2.14 in earnings per share. Power accounted for 75% of the total earnings contributions, followed by the...

    The Aboitiz Foundation, the social development arm of the Aboitiz Group, was recently cited by the Philippine Center for Entrepreneurship (PCE)-Go Negosyo for its enterprise development initiatives.   Through Go Negosyo’s “Mentor Me Awards,” the Aboitiz Foundation was recognized “for being an enabler to Filipino micro, small, and medium entrepreneurs and for being a solid partner in helping build...

    The Aboitiz Foundation, the social development arm of the Aboitiz Group, and Hedcor, Inc. extended microfinance loan assistance to Barangay Alapang Multipurpose Cooperative (BALMUCO) in La Trinidad, Benguet. The assistance is intended for the repairs and improvements of the coop’s water system business that will benefit 836...

    Recognizing the need of local communities for assistance in their livelihood activities, the Aboitiz Foundation, the social development arm of the Aboitiz Group, and Hedcor extended support to Thanksgiving Multipurpose Cooperative in Tuba, Benguet through a P1-million microfinance loan package for the cooperative’s swine fattening...