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Aboitiz to bid for VisMin power production deals

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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 »

Aboitiz unit secures DOE nod for hydro deal

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SN Aboitiz Power Group (SNAP) is set to undertake its first major greenfield project—a 350-megawatt (MW) hydroelectric power facility in Ifugao province.

Posted: August 11th, 2014 in Editor's Pick,Headlines | Read More »

More banks keen on buying UCPB

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The upcoming privatization of United Coconut Planters Bank (UCPB) has attracted more potential bidders, including the banking arms of the Gotianun and Aboitiz groups.

Posted: April 28th, 2014 in Headlines | Read More »

UBP Q1 income slips 61%

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Aboitiz-led Union Bank of the Philippines booked a net profit of P1.54 billion in the first quarter, 61 percent lower than the level last year when large trading gains buoyed the local banking industry.

Posted: April 28th, 2014 in Headlines | Read More »

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