Aboitiz Looks at Vietnam, Myanmar as Glut Hits Home

Aboitiz Power Corp. will build plants in Indonesia and scout for ventures in Vietnam and Myanmar as the Philippines’ second-largest electricity producer expands in Southeast Asia, while expecting an oversupply at home. The company would spend an estimated $4.5 billion to add 1,600 megawatts of capacity and help meet its target of a 4,000-megawatt portfolio […]

Gokongwei-led URC plans Myanmar venture

TWO GENERATIONS. Father and son John Jr (right) and Lance (left) Gokongwei address the stockholders of food firm Universal Robina Corp. in an annual meeting on April 18. Photo by Aya Lowe MANILA, Philippines – The food and beverage arm of the Gokongwei group, Universal Robina Corp. (URC), will enter Myanmar market over the next […]