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Aboitiz Equity Ventures Inc.: Notice of Annual Meeting of Stockholders

Notice is hereby given that the Annual Meeting of Stockholders of ABOITIZ EQUITY VENTURES INC. (the "Company") will be held on April 22, 2024, Monday at 11:00 a.m. (the "2024 ASM”)......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH

The takeover of Coca-Cola Beverages Philippines Inc.  by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Aboitiz Foundation appoints new leaders

The Aboitiz Foundation announced the appointment of Ana Margarita Hontiveros-Malvar as its new president, concurrent with her existing role as the chief reputation and sustainability officer of Aboitiz Equity Ventures while Maria Remedios Dominique Suplido assumes the role of Aboitiz Foundation’s chief operating officer......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

AboitizPower names new president

Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad

Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development

Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

AEV hikes capex to P153 billion

Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Century Pacific expanding solar power capacity at GenSan plant

Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Aboitiz Power Corporation to hold Annual Stockholders Meeting

Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Aboitiz Power Corporation: Notice of Annual Meeting of Stockholders

Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court

In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

‘MGEN to achieve target ahead of 2030 schedule’

Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive

Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Filinvest to double capacity of solar project in Misamis

A power unit of Filinvest Development Corp. will expand the capacity of its solar project in Misamis Oriental following a wider land allocation from its lessor......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

PNP to deploy 8,500 police for EDSA People Power events

The Philippine National Police will send around 8,500 of its personnel to “secure” two commemorations of the anniversary of the EDSA People Power uprising on February 25......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Aboitiz units power Davao’s run-of-river hydro plants

The Aboitiz Group has committed to further improve water supply in Davao after the inauguration of the Davao City bulk water supply project last month......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024