Face-to-face meetings and paperwork had been synonymous with homeownership until COVID-19 made human contact a risky behavior. Like retail, banking, food and other industries, real estate was forced to adapt to this tectonic shift. AboitizLand, the real estate arm of the Aboitiz Group of Companies, was among the first developers to recalibrate its systems. Embracing…
Last year we celebrated 100 years. You can’t be around that long without learning from mistakes and doing things better. One of the things Aboitiz did – over the course of five generations and a rapidly expanding workforce in an increasingly complex environment – was to simply remain focused. Two of the things we paid…
The pandemic has undoubtedly accelerated digital transformations globally and across all sectors, prompting businesses and economies to make an abrupt pivot to ride this unprecedented wave of changes. Some businesses, however, are fortunately well-positioned to go digital even prior to the onset of the pandemic, enabling them to quickly adapt to the “new normal.” Union…
Aboitiz-led UnionBank of the Philippines (UBP) grew its first quarter net profit by 79 percent year-on-year to P4.7 billion on the back of higher interest earnings and hefty trading gains. This performance translated to a robust return on equity of 18.1 percent, the bank told the Philippine Stock Exchange on Friday. “Our strong financial performance…
Over a year into the devastating COVID-19 pandemic, the Aboitiz Group is ready to march toward recovery with renewed —yet prudent—optimism. Like most other organizations, the Aboitiz Group encountered setbacks last year given quarantine restrictions that have dampened consumer demand and investor appetite. And yet the group’s strategic business units (SBUs) that operate in various…