Aboitiz

21 Jun 2024

2:28PM

Aboitiz to make Mactan a connection hub with just 30-min layovers

Aboitiz InfraCapital GMR Megawide Cebu Airport Corp. — the operator of Mactan-Cebu International Airport (MCIA) — announced the launch of "Cebu Connect," a new transfer system aimed at reducing layover times to 30 minutes or less.

18 Jun 2024

8:57AM

AEV buys back P3.7B in shares as price hovers near 1-year low

Aboitiz Equity Ventures Inc. (AEV) executed a P3.7 billion share buyback last Friday, acquiring 806,400 of its own shares, the company told the Philippine Stock Exchange in a disclosure.

7 Jun 2024

1:30PM

Aboitiz to boost AI capabilities in region, expanding PH hub

Aboitiz Data Innovation has unveiled plans to expand its data science and artificial intelligence capabilities across Southeast Asia.

29 Apr 2024

8:42AM

UnionBank's CFO Announces Completion of Citi Integration Amid 41% Profit Decline in Q1 2024

By: Miguel R. Camus

Aboitiz-led Union Bank of the Philippines is eager to move forward from the costly integration of Citi’s consumer business, which has taken a toll on the banking giant’s bottom line, including a P1.1 billion one-time charge during the first quarter of the year.

22 Apr 2024

3:33PM

Megawide turnaround: strong 2023 results driven by construction and real estate

By: Miguel R. Camus

Strong construction and real estate sales helped tycoon Edgar Saavedra’s Megawide Construction Corp. post a turnaround in 2023 amid its gradual exit from the airport business.