Aboitiz Equity Ventures, Inc.

Type: Company
Name: Aboitiz Equity Ventures, Inc. (Aboitiz Equity Ventures Inc)
First reported 8 hours ago - Updated 2 hours ago - 2 reports

Power, banking units pull down Aboitiz Equity earnings in H1

MANILA, Philippines – Earnings of the Aboitiz family's holding company fell in the first half from a year ago on the weak performance of Its power and banking businesses.Aboitiz Equity Ventures' (AEV) consolidated net income fell 20% in January to June ... [Published Rappler - 2 hours ago]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

EARNINGS SEASON: Second quarter reporting calendar

Monday, July 28Meralco8990 HoldingsFriday July 31Aboitiz Equity VenturesAboitizPowerTuesday, August 5PLDTWednesday August 13 ABS-CBN ... [Published Business World - Jul 27 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Aboitiz to give egg-producing kits to Palo

The food subsidiary of Aboitiz Equity Ventures Inc.   announced it would be distributing egg machine starter kits to small backyard livestock farmers in Palo and other municipalities in Leyte as a pilot activity.In a statement, Pilmico Foods Corp. said ... [Published Business Mirror - Jul 27 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

PPP program: Of 54 deals, 7 awarded; 20 more at P900B

MANILA, Philippines–It has been battered and bruised but the Aquino administration’s public-private partnership (PPP) program, whose implementers admit is still a work in progress, remains committed to getting crucial infrastructure projects off the ... [Published Philippine Daily Inquirer - Jul 23 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

ABOITIZ EQUITY VENTURES : addresses classroom overcrowding in public schools

The Aboitiz Group, through its social development arm, Aboitiz Foundation, is continuously working to close the gap in classroom to student ratio that hinders effective learning in public schools nationwide.While the ideal ratio is 1:40, numerous schools ... [Published 4 Traders - Jul 23 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 2 reports

Palace asked to junk San Miguel’s appeal

Conglomerates Ayala Corp. and Aboitiz Equity Ventures asked Malacañang Palace to junk the petition of San Miguel Corp. questioning its disqualification from the P34.5-billion Cavite Laguna Expressway project.Team Orion Consortium, composed of Ayala’s ... [Published Manila Standard Today - Jul 21 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 2 reports

15 companies interested in Bulacan water project

MANILA, Philippines - Fifteen Philippine and foreign companies, including Manila Water, Maynilad Water and San Miguel, are keen on bidding for the P24.4 billion Bulacan Bulk Water Supply project.The Public Private Partnership (PPP) Center said the Metropolitan ... [Published ABS-CBN News - Jul 18 2014]
First reported Jul 14 2014 - Updated Jul 14 2014 - 3 reports

Ayala-Aboitiz group seeks CALAX appeal intervention

The Ayala-Aboitiz consortium have filed a Motion to Intervene with the Office of the President regarding the appeal filed by San Miguel Corporation over its disqualification in the bidding for the Cavite-Laguna Expressway project (CALAX). In disclosures ... [Published Yahoo Philippines News - Jul 14 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 2 reports

Palace justifies order to review CALAX bidding

MANILA, Philippines - Malacanang justified yesterday President Aquino’s decision to grant San Miguel Corp.’s appeal for a review of the Department of Public Works and Highways decision to disqualify it from bidding for the P35.4-billion Cavite-Laguna ... [Published Philippine Star - Jul 03 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 4 reports

AboitizLand investing P5.4b in 2014 to expand nationwide

AboitizLand, the property development arm of Aboitiz Equity Ventures, said it is investing P5.4 billion in 2014, up 35 percent from 2013, to support its nationwide expansion.“We remain bullish on the property sector and want to enter the market nationally,” ... [Published Manila Standard Today - Jul 02 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 1 reports

'Exception in govt bidding process sends wrong signal to investors'

MANILA, Philippines - Aboitiz Equity Ventures on Wednesday said exceptions in the bidding process for the Cavite-Laguna Expressway project will affect the government's integrity and send the wrong signal to investors. Aboitiz Equity Ventures chief finance ... [Published ABS-CBN News - Jul 02 2014]
First reported Jul 01 2014 - Updated Jul 01 2014 - 3 reports

Aboitiz Group bidding for more PPP infrastructure projects

Conglomerate Aboitiz Equity Ventures said it will bid for more public-private partnership projects, as it sees infrastructure development as a major source of growth for the company.“Participating in more PPP projects is in line with our thrust of focusing ... [Published Manila Standard Today - Jul 01 2014]

Quotes

"There is an appeal process under the BOT law and there is a cost to that. You will put a minimum 0.5 percent of the total project cost to put credence to your appeal" he said, referring to the Build-Operate-Transfer Law
"The Aboitiz Group is committed to improving the quality of public education in the country. Its biggest thrust is on education-related projects because the company believes this is where it can make the greatest impact" said Foundation Managing Trustee and Chief Operating Officer Sonny Carpio
"As such, this decision defeats the constitutional policy of encouraging private sector participation in national development, as well as the declared policy of the Amended Build-Operate-Transfer (BOT) Law. This Honorable Office should not allow this blatant error to remain uncorrected" the conglomerate said
"The motion is being sought by the Consortium to allow it to participate in any proceedings to be conducted in connection with the stay order" Ayala said, referring to the Palace order for a suspension of an award of the P34.5 billion CALAX Project

More Content

All (99) | News (95) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Power, banking units pull down Aboitiz Equity e... [Published Rappler - 2 hours ago]
Slump in power, banking businesses pull down Ab... [Published Interaksyon - 8 hours ago]
Sen. Aquino encourages Cordillera youth to join... [Published Business Week Mindanao - Jul 28 2014]
EARNINGS SEASON: Second quarter reporting calendar [Published Business World - Jul 27 2014]
Aboitiz to give egg-producing kits to Palo [Published Business Mirror - Jul 27 2014]
PPP program: Of 54 deals, 7 awarded; 20 more at... [Published Philippine Daily Inquirer - Jul 23 2014]
Richer, bigger Aboitiz Invitational up at Riviera [Published Manila Times - Jul 23 2014]
Aboitiz-Ayala tandem asks Palace to decide soon... [Published Interaksyon - Jul 23 2014]
ABOITIZ EQUITY VENTURES : addresses classroom o... [Published 4 Traders - Jul 23 2014]
Palace asked to junk San Miguel’s appeal [Published Manila Standard Today - Jul 21 2014]
P18.7-B water PPP up for August rollout [Published Business World - Jul 21 2014]
Palace urged to reject SMC’s CALAX appeal [Published Business World - Jul 21 2014]
AboitizPower bonds given top rating [Published Business World - Jul 21 2014]
AboitizPower investing P90 B to expand output [Published Philippine Star - Jul 20 2014]
15 companies interested in Bulacan water project [Published ABS-CBN News - Jul 18 2014]
15 bidders for Bulacan water [Published Business World - Jul 17 2014]
Ayala-Aboitiz group seeks CALAX appeal interven... [Published Yahoo Philippines News - Jul 14 2014]
MWSS opens bidding for P24.4-billion Bulacan Bu... [Published Business Mirror - Jul 14 2014]
Ayala consortium wants in on Palace Calax probe [Published Philippine Daily Inquirer - Jul 14 2014]
Palace gets new CALAX plea [Published Business World - Jul 14 2014]
Ayala-Aboitiz tandem wants to participate in Pa... [Published Rappler - Jul 14 2014]
Aboitiz-Ayala tandem wants say in Palace delibe... [Published Interaksyon - Jul 14 2014]
Ayala-Aboitiz tandem files motion to intervene ... [Published ABS-CBN News - Jul 14 2014]
AboitizPower unit Cotabato Light wins 25-year c... [Published Business World - Jul 09 2014]
Stocks continue to weaken [Published Philippine Daily Inquirer - Jul 09 2014]
San Miguel to continue to pursue PPP projects [Published ABS-CBN News - Jul 09 2014]
PSE adds 4, removes 14 companies from shariah-c... [Published GMA News Online - Jul 07 2014]
Flurry of mergers seen, as foreigners set sight... [Published Interaksyon - Jul 04 2014]
Philippine gov't orders review of toll road pro... [Published Nikkei Asian Review - Jul 04 2014]
Gov’t: Pending cases not... [Published Rappler - Jul 04 2014]
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BUSINESS IN BRIEF 3/6 – VietNamNet Bridge [Published MaritimeSecurity.Asia - Jun 03 2014]
Markets suffer as sell-offs drag down stocks Benchmark indices tumbled on both national stock exchanges on June 2 as selling pressure intensified during afternoon trading. Foreign investors continued as net buyers of 131 billion VND (6.23 million ...
BUSINESS IN BRIEF 3/6 – VietNamNet Bridge [Published MaritimeSecurity.Asia - Jun 03 2014]
Foreigners, OVs to get VAT refunds as from July 1 Foreign visitors and overseas Vietnamese (OVs) will enjoy valued added tax (VAT) refunds at seven Vietnamese airports and seaports following the PM’s decision on May 30. Accordingly, VAT refunds will ...
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