EEI, 90 years of building a better future for the next generation

Date Published: November 19, 2021

Source: philstar.com

MANILA, Philippines — In a world where companies come and go, only a few stood the test of time. One such company is the EEI Corporation (EEI), which marks this year its 90th anniversary.

Founded in 1931 as a machinery and mills supply house called Engineering Equipment and Supply Co. (EESCO), EEI soon expanded its operations to steel fabrication, metal works, general machine work and other services.

As the years progressed, the company dipped its fingers in other fields such as ...

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eCarga: A new digital logistics platform for shippers and truckers

Date Published: October 6, 2021

Source: bworldonline.com

Truck delivery services will be more accessible in a few taps with EEI Carga Digital Logistics Corporation, more known as eCarga, a Filipino-made digital logistics platform backed by EEI Corporation.

eCarga uses several online platforms to provide logistics solutions and make the delivery process convenient and efficient for shippers, truck owners, and drivers.

“EEI Carga was formed to address the demand from shippers, who are looking for convenient ways to reach professional truckers in the fulfillment of their cargo transport needs ...

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Helen Yuchengco Dee on a high as House of Investments posts outstanding turnaround

Date Published: August 10, 2021

Source: bilyonaryo.com

Yuchengco-led House of Investments is back in the black with a P610.8 million profit in the first half from a loss of P296.4 million, buoyed by the strong performance of its construction and education businesses.

Yuchengco-led House of Investments is back in the black with a P610.8 million profit in the first half from a loss of P296.4 million, buoyed by the strong performance of its construction and education businesses.

HI likewise attributed the strong bounceback to cost-reduction efforts implemented by ...

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Yuchengcos partner with Japan’s Sojitz to develop Makati property

Date Published: June 29, 2021

Source: bilyonaryo.com

Bilyonaryo Helen Yuchengco Dee has formed a new partnership with a Japanese trading firm to develop an idle property of her family’s House Investments in Makati.

Bilyonaryo Helen Yuchengco Dee has formed a new partnership with a Japanese trading firm to develop an idle property of her family’s House Investments in Makati.

The HI board chaired by Yuchengco Dee approved on June 25 a joint venture agreement with Sojitz to develop an idle property of San Lorenzo Ruiz Investment Holdings and ...

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Helen Yuchengco Dee drives House of Investments income higher in Q1

Date Published: May 24, 2021

Source: bilyonaryo.com

Yuchengco-led House of Investments Inc. reported a 23 percent jump in net income to P467.45 million in the first quarter as it managed to bring down costs.

The improved performance of associates likewise boosted the group’s profit. Equity in net earnings of associates grew by 14 percent to P311.38 million.

Consolidated revenues, however, fell 28.06 percent to P5.64 billion due to lower contributions from the construction, automotive and education businesses.

While the construction business is slowly picking up amidst the pandemic, domestic ...

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Mapúa’s civil, environmental, and geological engineering dean among Asia’s outstanding scientists

Date Published: May 24, 2021

Source: https://malaya.com.ph/

A Mapua University dean has been recognized as among the most outstanding scientists in Asia.

Dr. Francis Aldrine A. Uy, Mapúa dean of the School of Civil, Environmental, and Geological Engineering (CEGE) was one of eight Filipinos included in the Asian Scientist 100 recently released by Singapore-based Asian Scientist Magazine.

“I feel blessed and honored to represent the country in the prestigious list,” Uy shared.

Institutionalized in 2016, the annual list recognizes innovators and researchers that made an impact in their respective jurisdictions ...

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YGC’s HI Cars boosts business with after-sales service, new dealership

Date Published: May 15, 2021

Source: https://malaya.com.ph/

After a successful consolidation of dealerships in 2020, House of Investments (HI), a member of the Yuchengco Group of Companies (YGC), is looking at further boosting its Car business by expanding service offers and adding Geely Manila into its dealership portfolio.

Geely is a leading car manufacturing brand of the Geely Holding Group of China, which is the only private company in the Fortune Global 500. It also owns popular car brands like Volvo, Lotus, London Taxi and Proton.

Collectively known ...

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SGAP, YGC House of Investments gearing up for the opening of Geely Manila

Date Published: March 15, 2021

Source: https://www.c-magazine.com/

The Yuchengco Group of Companies is no stranger to the automotive dealership business, having a host of car brands under its belt. Now, it partners with Sojitz G Auto Philippines and breaks ground for the soon-to-rise Geely Manila.

In a simple groundbreaking ceremony held recently, YGC’s House of Investments and SGAP/Geely executives expressed their excitement and optimism about this new undertaking. While Geely already has a number of dealerships in Quezon City, as well as in various provinces around the ...

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YGC bares future–ready plans

Date Published: December 18, 2020

Source: https://www.philstar.com/

MANILA, Philippines — The Yuchengco Group of Companies, the conglomerate founded by the late tycoon Alfonso Yuchengco and which is now headed by his daughter Helen Dee, is embracing the new normal with a wide array of measures to enable the group to be future-ready.

At present, YGC’s business spans a wide array of industries, ranging from banking to international business partnerships, from financial services to construction, and from education to information technology. It is composed of listed bank Rizal ...

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House of Investments acquires property firm

Date Published: December 7, 2020

Source: https://www.bworldonline.com/

House of Investments, Inc. (HI) has acquired San Lorenzo Ruiz Investment Holdings and Services, Inc. (SLRIHSI) for P1.95 billion.

In a disclosure to the stock exchange, the listed holding company of the Yuchengco Group said it has acquired 11 million shares or 100% of the outstanding common stock of SLRIHSI.

The property company owns a lot in Makati City.

House of Investments businesses include include construction (EEI Corp.), education (iPeople Inc.), renewable energy (Petroenergy Resources Corp.), property (Manila Memorial Park Cemetery, Inc. ...

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Pinoy Student Wins International Engineering, Design Prize.

Date Published: November 24, 2020

Source: https://www.philstar.com/

Mapua University student Carvey Maigue has invented a new material, made from waste crop, which converts UV light into renewable energy.

MANILA, Philippines — A novel material made from rotting fruit and vegetables that absorbs stray ultraviolet light from the sun and converts it into renewable energy has landed its designer the first sustainability gong in this year’s James Dyson awards.

From a record 1,800 entries – despite the challenges of COVID-19 – the award was given to 27-year-old Carvey Ehren ...

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PetroWind Energy Named One of Top Community Care Companies in 2020

Date Published: October 12, 2020

Source: https://www.businessnewsasia.com/

The Yuchengco Group of Companies’ (YGC) PetroWind Energy Inc. (PWEI) was recognized as one of Top Community Care Companies in the 2020 Asia Corporate Excellence and Sustainability Awards (ACES) based in Kuala Lumpur.

ACES Awards honor individuals and firms in Asia for corporate leadership and corporate social responsibility under several categories – sustainability, green initiative, green innovation, and community care, among others.

ACES described PWEI as among those Asian companies who “have enriched the communities through various outreach initiatives and which ...

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Yuchengco group upbeat about recovery

Date Published: August 28, 2020

Source: https://www.manilatimes.net/

The Yuchengco Group of Companies (YGC) has said it is poised to recover from the impact of the coronavirus pandemic on the back of its “resourcefulness and creativity.”

In a statement on Monday, the conglomerate said its capacity to recover would depend on its banking, education, life and nonlife insurance, renewable energy, pharmaceuticals, and property services subsidiaries, which continued to operate amid state-imposed quarantine measures.

“If there is one thing this pandemic has taught us in YGC, it’s that our concerted ...

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HI Leverages Synergy to Cushion Pandemic Effects

Date Published: July 23, 2020

Source: https://www.motortech.ph/

House of Investments (HI) is leveraging its synergy with co-members of the Yuchengco Group of Companies (YGC) to boost efficiency for its auto business amid the pandemic. The company is also setting aside approximately P10M to cover package solutions for marketing and after-sales services of its seven Honda, Isuzu and Geely dealerships in Metro Manila.

In a press statement, Johnny Fetalvero, SVP and head of HI’s car division, said YGC’s overall efficiency plays a key role in the delivery of services. “As part of YGC, we’re able to package ...

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Work on infra projects resumes

Date Published: May 5, 2020

Source: https://business.inquirer.net/

Private contractors want to get ‘Build, Build, Build’ back on track

Big contractors are raring to begin work on major infrastructure projects to help bring the government’s “Build, Build, Build” program back on track.

Major public and private construction projects from railways to elevated roads have stalled since the Duterte administration imposed strict quarantine measures last March amid the new coronavirus disease (COVID-19) pandemic.

Some of those restrictions have been rolled back with proper safety protocols in place, allowing some construction activities ...

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