Aboitiz Proposed 148 Billion Pesos to Upgrade 4 Regional Airports

Aboitiz Equity Ventures (AEV) presented an unsolicited proposal of 148 billion pesos yesterday to commence modernization of four main regional gateways in a span of 35 years. Aboitiz proposed to develop, expand, and manage airports which are main access areas into the Visayas and...

PCC Declares Udenna Transactions as Null and Void

PCC issued a ruling that nullifies and voids the transaction of the Udenna Corporation owned by Dennis Uy last month. The commission determined that Udenna Corporation did not advise the PCC of the company's transactions with KGL Investment Cooperatief U.A. in 2016.

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