Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

Aboitiz Power Corp., the power generation and distribution unit of the Aboitiz Group, posted a net income of P10.6 billion in the third quarter, a 5 percent gain from the year-earlier period, driven mainly by improved margins from its generation segment.

Thunder Consortium wins CBK Hydro bid

Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.

AboitizPower gets nod to list fixed-rate bonds on PDEx

Aboitiz Power Corp. said it has secured approval from the Philippine Dealing and Exchange Corp. (PDEx) to list the first tranche of its retail...

300 MW Meralco, AboitizPower EPSA ends

The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.

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DMCI sets 2027 launch for Batangas beach resort

DMCI Homes is targeting a February 2027 opening for Solmera Beach Park Resort in San Juan, Batangas, as it expands into large-scale leisure and events-driven tourism developments outside Metro Manila.

FWD rolls out FutureSure amid financial uncertainty

FWD Philippines has launched a new savings and protection product aimed at helping Filipinos secure long-term financial goals amid rising living costs and market volatility.

PH designers win big at global AYDA Awards 

Filipino design talent made a strong mark on the international stage after the Philippines secured two top honors at the AYDA International Awards 2025–2026, underscoring the country’s rising influence in globally competitive, socially driven design.

Japan visa fee hike unlikely to slow Filipino travel demand

The Philippine Travel Agencies Association (PTAA) expects the planned increase in Japan visa fees to have minimal impact on Filipino outbound travel, citing sustained strong demand and a preference for convenience over cost among travelers.

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