The Aboitiz Group has extended much-needed assistance to Cebu’s frontliners in public hospitals and quarantine facilities as the city grapples with the dreaded Coronavirus (Covid-19) disease.Aboitiz has so far contributed around P25 million in various Covid-19 response initiatives. These include distribution of food packs and...
As local government units (LGUs) face great challenges in battling the effects of COVID-19, it is necessary to maximize all available resources in order to protect and support their constituents. AboitizPower Oil Business Unit has been closely coordinating with its host localities, lending assistance at...
The Aboitiz Group is supporting the Asia Pacific Economic Cooperation (APEC) Business Advisory Council Philippines’ (ABAC PH) recommendation to adopt a digital transformation approach to address the short- and long-term economic impact of the Coronavirus Disease 2019 (COVID-19). “Digital technology has already disrupted businesses and jobs....
The laboratory services unit of Lima Water Corporation (LWC) was recently accredited as an environmental testing laboratory of the Department of Environment and Natural Resources (DENR), affirming LWC’s commitment to outstanding water quality testing standards in its Batangas facility.LWC’s laboratory, which monitors and tests the...
Aboitiz Equity Ventures, Inc. (AEV) ended the first half of 2020 with ₱4 billion in net income, 55% lower than the ₱9 billion recorded during the same period last year, reflecting the impact of the lower income contribution of its largest business unit, Aboitiz Power...
Aboitiz Power Corporation reported a net income of ₱3.7 billion for the first half of 2020, 57% lower versus ₱8.6 billion recorded last year. The company recognized non-recurring gains of ₱224 million during the relevant period, compared to non-recurring gains of ₱121 million during the same...
Aboitiz Power Corporation (AboitizPower) continues to be recognized as a constituent company in the FTSE4Good Index Series.The FTSE4Good Index Series, created by global index provider FTSE Russell, measures the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. The FTSE4Good indices are used...
In line with its commitment to fast track the delivery of safe and sustainable water to Davaoeños, Apo Agua Infrastructura, Inc. (Apo Agua) is ramping up construction works for the Davao City Bulk Water Supply Project (DCBWSP) of the Davao City Water District (DCWD) and...
The Aboitiz Group reaffirms its commitment to operate its businesses with a sustainability mindset that upholds best practices in environmental management, social responsibility, and good governance while ensuring long-term financial growth and business capability. With the group’s involvement in critical sectors such as energy, banking, food,...
Aboitiz real estate arm Aboitiz Land, Inc. is committed to pitch in the nation’s efforts to rebuild amidst the crippling economic impact brought by the Covid-19 pandemic.Extending a 50% discount on rent covering a five-month period, AboitizLand, together with the Mactan Cebu International Airport Authority...