Corporate

Aboitiz Equity Ventures, Inc. (AEV) has earned an “A-” long-term foreign currency issuer rating with a Stable outlook from the Japan Credit Rating Agency, Ltd. (JCR). This confirms the company’s investment-grade standing and underscores the strength of its diverse businesses, careful spending strategy, and steady earnings.

Aboitiz Equity Ventures, Inc. (AEV) has secured an “A-” foreign currency long-term issuer rating with a “Stable” outlook from Japan Credit Rating Agency, Ltd., reinforcing the conglomerate’s investment-grade standing as it accelerates expansion across power, banking, infrastructure, and consumer businesses.

SMC Tollways Corp. reported a 7 percent growth in net income for the first quarter of 2026, reaching P12.62 billion, up from P2.44 billion in the same period last year. Consolidated total revenue rose 4 percent to P5.66 billion, fueled by higher vehicle volume across all expressway networks.

MPower, the retail electricity arm of Meralco, will provide power supply to Calamba Medical Center (CMC) in Laguna to meet its growing energy needs. Under the agreement, five service accounts will be covered by the Retail Aggregation Program and one under the Competitive Retail Electricity Market, giving the hospital access to competitive rates and greater supply flexibility.

Honda Philippines Inc. (HPI), the country’s top motorcycle maker, has officially begun exporting its popular Click125 model to Cambodia and Laos. The units will be supplied to N.C.X. Co., Ltd., Honda’s authorized manufacturer, distributor, and assembler in both countries.