Aboitiz-led Union Bank of the Philippines’ (UnionBank) thrift arm, City Savings Bank (CitySavings) joined the Department of Education (DepEd) in honoring our Filipino educators during the 2023 National Teachers’ Month (NTM) with the theme #Together4Teachers.
In a landmark event on December 1, 2023, Aboitiz Land and Batangas State University signed a Memorandum of Understanding (MoU) in Batangas City. This collaborative commitment extends beyond a ceremony, promising continuous academic cooperation and mutual efforts for ongoing educational enrichment.
In a continuous effort to actively explore the feasibility of transitioning to nuclear energy, the APEC Business Advisory Council (ABAC) is convening a consortium of industry experts, policymakers, and thought leaders for an upcoming virtual experts roundtable on October 24, 2023. This event, a collaborative effort between ABAC Philippines and ABAC Canada, aims to foster in-depth discussions on financing mechanisms and the commercial viability of Nuclear Energy.
The Aboitiz Foundation, guided by forward-thinking leaders, is headed toward an exciting new direction that will profoundly shape its future and the future of those it serves.
While Aboitiz’s current makeover is one of the most ambitious taken by the family, such efforts are not new. Aboitiz Equity has constantly evolved to keep its businesses relevant to the times. The colonial-era company—which traces its roots to Paulino Aboitiz, a sailor from Spain’s Basque region, who came to the Philippines in the late 1800s and built a hemp trading and shipping business—was formally incorporated in 1920 as privately held Aboitiz & Co., the parent of Aboitiz Equity. Starting from a base in Cebu island in central Philippines, successive generations have stuck to the philosophy of their late patriarch Ramon Aboitiz (Paulino’s second son and Sabin’s grandfather), who, according to a book published by the company to mark its centenary, once said: “Never fall in love with your business.”
To target seasonal pollution issues along San Juan, Batangas shores, Aboitiz Land led a strategic coastal cleanup in collaboration with the Aboitiz Foundation Inc. (AFI) and Communities Organized for Resource Allocation (CORA) Nonprofit.
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