MANILA, Philippines — The country must leverage the reciprocal tariffs of the US to secure a trade deal that would expand Filipino farmers’ market access to the world’s biggest economy while allowing the entry of more food items that are not grown locally to boost food security, analysts said. V. Bruce Tolentino, a former agriculture undersecretary and former member of the Mon...
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MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) will raise its capital expenditure this year by 37 percent mostly to expand its power segment, its main income driver, while developing its other businesses. The conglomerate on Monday said it had earmarked P104.6 billion in capital outlays, P78.1 billion of which would go to Aboitiz Power Corp. Last year, the segment contributed...
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MANILA, Philippines — The Laguindingan and Bohol airports are to be turned over to the Aboitiz Group in the first half, allowing the new operator to expand the passenger capacity of the gateways to popular tourist destinations. Transport Undersecretary for Aviation Jim Sydiongco, on the sidelines of an event in Pasay on Monday, said Aboitiz InfraCapital would take over the Laguindingan In...
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