Posts by webadmin
Mapúa University Launches Cutting Edge School of Medicine
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…
Read MoreAboitiz, House of Investments partner for Tarlac Economic Estate
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…
Read MoreA.T. Yuchengco Centre switches to 100% renewable energy with Ayala’s ACEN RES
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…
Read MoreYGC underscores better community preparedness and climate resilience
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…
Read MorePetroEnergy unit, Mapúa activate solar rooftop project
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’…
Read MoreRCBC Trust’s AUMs hit P161 billion
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…
Read MoreMalayan Insurance partners with Dutch insurer Atradius
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…
Read MoreMalayan and Atradius Join Forces to Offer Innovative Trade Credit Insurance Products
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…
Read MoreAlfonso Yuchengco’s legacy
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…
Read MoreYuchengo-led House of Investments sets new focus
MANILA, Philippines —The Yuchengco Group’s House of Investments (HI) saw its shares rally over 8 percent on Monday after announcing a pivot to financial services, fueling market speculation it could also consolidate other family assets into the publicly-listed holding company. The company, which sold majority of its shares in construction giant EEI Corp. to outside…
Read MoreYuchengco buys Tarlac property to prepare for expansion
Source: https://business.inquirer.net/ MANILA —A unit of Yuchengco-led House of Investments (HI) bought from Rizal Commercial Banking Corp. a P2.7-billion property in Tarlac, which it intends to develop in the future. The listed holding firm said its subsidiary, real estate developer Tarlac Terra Ventures Inc., purchased a 184-hectare (ha) property at Central Techno Park in Luisita…
Read MorePetroGreen all-set for Pangasinan solar dev’t
The Bugallon Solar Power Project is expected to supply clean and renewable power in the area by the last quarter of 2024. Once operational, the facility is expected to generate 41,000 MWh of power annually and reduce carbon emissions by 29,056 metric tons The Yuchengco group’s PetroGreen Energy Corp., or PGEC, is moving to formally…
Read MoreFirst Irish Embassy in PH opens in RCBC Plaza
RCBC Plaza has recently included the Embassy of Ireland among its roster of clients, making it the eighth diplomatic mission housed in the iconic business complex. This is the first permanent chancery that Ireland has established in the Philippines and is expected to be instrumental in strengthening the nation’s political and economic ties. The opening…
Read MoreYuchengco firm to supply Shell Energy’s power needs
MANILA -A unit of Yuchengco-led PetroGreen Energy Corp. will supply Shell Energy Philippines Inc. (SEPH) with renewable energy coming from its solar power plant in Tarlac City. Under the power supply agreement signed last Sept. 20, PetroSolar Corp., a subsidiary of PetroGreen, will source clean energy from its 20-megawatt (MW) Tarlac-2 solar plant located in…
Read MoreMapúa University aims to double enrollment
MAPÚA University targets to double its enrollment count in the coming years in line with the 10-year development plan of Ayala-Yuchengco-led iPeople, Inc., its top official said on Thursday. “Our target is to continually increase [the number of enrollments],” Mapúa President and Chief Executive Officer Dodjie S. Maestrecampo said in a media briefing. “I think…
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