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Calax re-bidding to lower investors’ confidence in PPP, PH, warn business groups

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Cavite-Laguna Expressway Route Map   http://www.dpwh.gov.ph

Eight business groups slammed on Tuesday the proposed re-bidding of the P35.4-billion Cavite Laguna Expressway (Calax) deal, stressing that such a move would be an “inopportune” and ill-advised decision that would once again put to question the credibility of the government’s Public-Private Partnership (PPP) program.

Posted: October 28th, 2014 in Latest Business Stories | Read More »

Unionbank Q3 profit up 59%

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unionbank

Aboitiz-led Union Bank of the Philippines grew its third-quarter net profit by 59 percent year-on-year to P1.83 billion as improved trading gains complemented the double-digit rise in core earnings for the period.

Posted: October 27th, 2014 in Headlines,Latest Business Stories | Read More »

Aboitiz group expanding in Asean food sector

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The food subsidiary of the Aboitiz group is looking to diversify and expand across the region with the potential acquisition of overseas flour mills and food companies.

Posted: September 22nd, 2014 in Editor's Pick,Headlines | Read More »

Aboitiz to bid for VisMin power production deals

Screengrab from www.aboitiz.com

Aboitiz Power Corp. plans to bid for the government-managed contracted capacities of at least three power facilities in Visayas and Mindanao, as part of the company’s move to tap privatization opportunities in the power sector.

Posted: September 13th, 2014 in Headlines,Latest Business Stories | Read More »

Expressway dike project woos 19 investor groups

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Gokongwei-led JG Summit Holdings, the Aboitiz group and Malaysian conglomerate Alloy MTD are joining the fray in the bidding for the P123-billion Laguna Lakeshore Expressway Dike public private partnership (PPP) deal, which has already drawn some of the biggest business names in the country.

Posted: September 1st, 2014 in Headlines | Read More »

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