News
HOUSE of Investments Inc. reported a net income of P2.68 billion in 2024, more than four-fold its 2023 earnings of P615.60 million. This was attributed to the full-year contribution of subsidiaries acquired in December 2023, particularly in the financial services sector. In a quarterly report filed last Friday, the company noted that “the parent company…
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Officials of PGEC, CLSU, DA, TAISEI, and DENR harvest basil in the agrivoltaics of SJSPP April 30, 2025, Manila / Nueva Ecija – Yuchengco-led Rizal Green Energy Corporation (RGEC) pilots agrivoltaics project in its 19.6MWDC San Jose Solar Power Project (SJSPP) in Brgy. Sto. Nino 3rd, San Jose City, Nueva Ecija. The project was formally…
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SJSPP PV panels and main control building The 19.6-megawatt San Jose Solar Power Project (SJSPP) has secured its Final Certificate of Approval to Connect (FCATC) from the National Grid Corporation of the Philippines (NGCP) as of April 14, 2025, clearing the path to deliver clean power to thousands of households in Luzon. Located in Barangay…
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Makati City has long been the financial heart of the Philippines, continuously evolving to meet the needs of businesses, investors, and professionals. From its early skyscrapers in the 1970s to the next generation towers redefining its skyline, the Makati central business district (CBD) has witnessed remarkable transformations. As more companies return to office, new developments…
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As an institution of academic excellence, Mapúa University is globally recognized as one of the world’s best universities, and the Philippines’ premier engineering and technological school. To date, Mapúa steadily upholds this tradition of excellence not only in engineering, but also in the fields of physical sciences, architecture and design, information technology, communication and media…
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By Manila Standard Business The Yuchengco Centre, rising along Sen. Gil J. Puyat Avenue, is set to transform one of Makati’s emerging commercial districts. The modern office landmark integrates sustainability, accessibility and convenience. It will provide much-needed premium office spaces while enhancing the area’s retail landscape as the only commercial building slated for completion in…
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Mapúa University launched the Mapua School of Medicine (SoM), the newest medical school in the country, in collaboration with Arizona State University (ASU), the #1 school in the United States for innovation for the tenth straight year ranked by U.S. News and World Report 2016-2025. Mapúa is the flagship university of iPeople, Inc., the education…
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ABOITIZ InfraCapital, Inc. has partnered with Yuchengco-led House of Investments, Inc. (HI) to develop and expand its Tarlac Economic Estate. “This partnership builds on the strong momentum we’ve already achieved, further enhancing investor interest and confidence in TARI Estate,” Aboitiz InfraCapital Head of Economic Estates Rafael P. Fernandez de Mesa said in a statement released…
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A.T. Yuchengco Centre (ATYC), a prominent 34-storey PEZA-accredited office tower in the heart of Bonifacio Global City, announced its significant shift towards environmental sustainability by transitioning to 100% renewable energy supply through a retail electricity supply agreement with the Ayala group’s ACEN Renewable Energy Solutions (ACEN RES). Under the agreement, ACEN RES will power the…
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Representatives from the Yuchengco Group of Companies (YGC) affiliates bared their initiatives on increasing community preparedness amid climate change at the recently concluded 2nd YGC business forum entitled “Future-proofing the Philippines: Bolstering climate resilience and community readiness.” In his opening remarks, RCBC CEO and President Eugene Acevedo highlighted the inevitability of natural disasters and the…
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MANILA, Philippines — A subsidiary of Yuchengco-led PetroEnergy Resources Corp. has activated the 360-kilowatt-peak solar rooftop power project at the Mapúa Malayan Colleges Mindanao (MMCM) in Davao City. This followed the agreement signed by PetroGreen Energy Corp. (PGEC) and MMCM in February for the installation of 600 units of 600-watt-peak solar panels in the schools’…
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This was an increase from the P147.49 billion recorded as of March 2023, RCBC Trust Corp. said in a statement. THE TRUST arm of Rizal Commercial Banking Corp. (RCBC) recorded P161 billion in assets under management (AUMs) as of February amid strong client growth, it said on Tuesday. The company’s market share among electronic money…
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NON-life insurance firm Malayan Insurance Co. Inc. has partnered with Dutch firm Atradius Credito y Caucion S.A. de Seguros y Reaseguros, a trade credit insurer, which the company said will significantly benefit thousands of local and international commercial businesses. Malayan Insurance and Atradius hope to increase trade credit insurance utilization by leveraging and maximizing both insurance firms expertise in…
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The country’s leading non-life insurance company, Malayan Insurance Co, Inc. (Malayan Insurance), partnered with Atradius, one of the largest, reputable international firms in trade credit insurance to help thousands of local and international commercial businesses. The collaboration was announced by Paolo Y. Abaya, President and CEO of Malayan Insurance during a media briefing at the…
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Complacency, an old adage goes, is one of life’s biggest tragedies. As American rights leader Benjamin Mays said, success breeds complacency and complacency breeds failure. We’ve seen this happen in both politics and business, but especially in business. The Kodak story, for instance, is one such cautionary tale. Some 11 years ago today, Kodak filed…
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