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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US unveils $2.5B ASEAN investment amid security push 

The US is tying regional security to economic resilience in Southeast Asia, using the ASEAN Post-Ministerial Conference in Manila to reaffirm its Indo-Pacific commitment while linking Middle East stability to the protection of global trade routes.

Oman forum targets new trade, investment ties

The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

Commitment to talent delivers record MDRT success for AIA Philippines and BPI AIA

AIA Philippines, formerly Philam Life and part of the global AIA Group, along with its bancassurance venture BPI AIA Life Assurance Corporation, have secured a combined total of 458 qualifiers for the Million Dollar Round Table for 2026—the highest number recorded by any entity in the Philippines.

Low-cost rice program drives P4.4B Kadiwa sales over four years 

Agriculture’s flaghip P20 per kilogram rice program has pushed total sales for the Kadiwa ng Pangulo rolling stores past the P4.4 billion mark over a four-year period.

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