press release

Aboitiz Equity Ventures Inc. (“AEV”) is pleased to announce the sale of 25.01% stake in its PSE-listed subsidiary Aboitiz Power Corporation (“AboitizPower”) to JERA Co., Inc. (“JERA”), Japan’s largest power generation company for a cash consideration of approximately USD 1.463 billion (the “Transaction”). The Transaction...

In line with its mission of building a better future and in partnership with Lipa City Community Environment and Natural Resources Office (CENRO), Aboitiz Construction spearheaded the “Scrap to Crop and Waste Management” program for the local government unit (LGU) officials of Brgy. Simlong and...

In line with the government’s goal of achieving herd immunity by vaccinating at least 70 percent of Filipinos against COVID-19, Aboitiz Power Corporation is ramping up its vaccination program for employees, with more than 1,300 team members from Luzon and Visayas having received at least...

Aboitiz Equity Ventures, Inc. (AEV), as part of its commitment to support diversity, equality, and inclusion within the Aboitiz Group, includes LGBTQ+ and common-law partners as medical dependents of its team members. Starting August 15, 2021, all AEV team members with a legal civil status...

City Savings Bank (CitySavings) affiliate Bangko Kabayan Inc. (BK) has been recognized as Best MSME Growth Bank in the Philippines for 2021.BK - a well-run thrift bank established in Batangas in 1957 - was recently hailed for its unceasing drive to increase financial inclusion for...

With the Department of Education’s (DepEd) recent announcement of continuing distance learning for the school year 2021-2022 and major cities going back to stricter quarantine restrictions, the issue of reliable and accessible internet has once again become a popular discussion topic. The pandemic has further...

The Aboitiz Group has secured Safety Seal Certifications for various offices and facilities under its strategic business units (SBU) throughout the country as part of its commitment to provide safe working environments and to protect its team members and stakeholders against the global pandemic.By doing...

With the surge of the highly transmissible Delta variant in the country, the Aboitiz Group has ramped up the vaccination of its team members, fulfilling its commitment to prioritize their health and safety while ensuring continued operations to keep the economy running towards a ‘better...

Aboitiz Group and the Department of Agriculture (DA) launched Byaheng Digiskarte ni Ani at Kita led by Secretary William Dar (upper right) last August 2.  The launching was attended virtually (from left to right) by Aboitiz Equity Ventures First Vice President for Corporate External Relations...