News
Source: https://www.philstar.com/ MANILA, Philippines (As released) — The Yuchengco Group will put its insurance and property business under House of Investments Inc. (HI), to add to its current construction, education and renewable energy businesses. It will also sell some shares from its construction business (EEI) to a strategic partner. The funds will be used to reduce its…
Read More
Source: https://business.inquirer.net/ MANILA -The family of House Speaker Martin Romualdez is buying a 20-percent stake in the Yuchengco Group’s EEI Corp., one of the country’s biggest construction companies. House of Investments, chaired by businesswoman and heiress Helen Y. Dee, said in a stock exchange filing on Wednesday it would sell the shares to Romualdez’s private…
Read More
Source: https://www.philstar.com/ As women’s month comes to a close, it’s just fitting to pay tribute to women who successfully broke the glass ceiling and continue to do so as they lead organizations – big or small – which one way or another positively impact the Philippines. There are many of them – too many to…
Read More
Source: https://www.philstar.com/ Someone once said that an investment in knowledge pays the best interest. It’s the reason that every Filipino parent’s dream is to bequeath his or her children a good education. I very much agree with this. I’ve always believed in the potential of the Filipino. Filipinos, as we all know, are indeed among…
Read More
Source: https://www.philstar.com/ MANILA, Philippines — With the technological breakthrough brought about by the use of online tools at the height of the pandemic, Philippine schools quickly adapted to the digital transformation to ensure the continuity of learning through a health crisis. Mapúa University, an affiliate of the Yuchengco Group of Companies, is paving the way for…
Read More
Source: https://www.philstar.com/ MANILA, Philippines — The development of the $11-billion Sangley Point International Airport (SPIA) has moved a step closer to reality now that its private sector proponents have finally signed the development agreement with the local government of Cavite. In a disclosure yesterday, the Yuchengco Group’s House of Investments said that, together with the…
Read More
Source: https://business.inquirer.net 100 years ago, on February 6, 1923, Alfonso T. Yuchengco was born the only boy to a household that had been waiting for his arrival. His father, Enrique Yuchengco, had established himself as one of the most successful Chinese- Filipino businessmen of his time, and in the tradition of their time, he had been…
Read More
Rizal Commercial Banking Corp. (RCBC) announced its move to establish a stand-alone trust corporation, with its affiliate House of Investment co-investing in this venture. In a disclosure on Tuesday, the Yuchengco-led bank said its board of directors had approved its plan to spin off its trust and investments group into a stand-alone trust company. Regina…
Read More
Source: https://powerphilippines.com/ Yuchengco-led PetroGreen Energy Corporation (PGEC) is set to construct a 27-megawatt-AC solar power project in Brgy. San Vicente, Dagohoy in Bohol. The project, dubbed the Dagohoy Solar Power Project (DSPP), would be placed on a 22-hectare site and is set to use 61,200 solar panels. “Once operational, we expect DSPP to produce approximately…
Read More
THE Professional Regulation Commission (PRC) announced that 67 examinees passed the August 2022 Sanitary Engineer Computer-Based Licensure Examination out of the 189 who took it. Mapua University in Manila was the lone top-performing school in the examination with 10 or more examinees and with at least an 80 percent passing rate after 15 of its…
Read More
The renewable energy investment arm of Yuchengco-led PetroEnergy Resources Corporation (PERC) sold 25 percent of its shareholdings to Japanese firm Kyuden International Corporation (KIC), a wholly owned subsidiary of Kyushu Electric Power Co. Inc. In a statement to the media, the Yuchengco company said the shares divestment will come from PetroGreen Energy Corporation (PGEC), which…
Read More
Source: https://news.abs-cbn.com/ MANILA – The Province of Cavite has formally given the Notice of Award to the SPIA Development Consortium for the development of the $11 billion Sangley Point International Airport, a consortium member said Thursday. The SPIA Development Consortium is led by infrastructure developer Cavitex Holdings Inc, financial firm House of Investments Inc and…
Read More
Source: www.bilyonaryo.com/ House of Investments (HI) booked a 29 percent spike in its first half earnings to P1.12 billion, largely because of a gain from the sale of shares and higher contributions from the automotive and education businesses. The Yuchengco conglomerate led by Helen Yuchengco-Dee reported a P389.2 million gain on sale of shares, making…
Read More
Source: https://business.inquirer.net/ The Virata-Yuchengco-led SPIA Development Consortium is poised to bag next month the contract to build and operate the $11-billion Sangley Point International Airport (SPIA) project after successfully hurdling the competitive challenge made by the Cavite government. According to a document sent to the Inquirer, Leonides Virata of SPIA Development Consortium member Cavitex Holdings…
Read More
MANILA, Philippines — The Yuchengco Group is optimistic on the viability of the Sangley Point International Airport in Cavite as the country’s future premier international gateway, its chairperson Helen Yuchengco-Dee told The STAR. The House of Investments (HI), the investment holding and management company of the Yuchengco Group, is one of co-lead Philippine proponents of…
Read More