Tag: AboitizPower

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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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SM Prime, Ticketmaster launch PH digital ticketing platform

Sports & Entertainment 0
SM Prime Holdings, Inc. has partnered with Ticketmaster to launch SM Ticketmaster, a new digital ticketing platform set to replace SM Tickets and expand online ticketing services across the Philippines amid rising demand for live entertainment.

 Senator Aquino wars new ad rules burden MSMEs

Markets 0
Senator Bam Aquino has once again criticized the Department of Trade and Industry (DTI), raising concerns that a proposed regulation requiring permits for advertisements and promotional campaigns could create an additional bureaucratic burden for micro, small, and medium enterprises (MSMEs) and online sellers.

Jollibee balances prices, quality amid inflation pressures 

Corporate 0
Despite rising global inflation and mounting geopolitical risks, Jollibee Foods Corp. is determined not to compromise on product quality or portion sizes, even as it navigates higher operating costs.

Philippine Competition Commission raises fines

Economy 0
The Philippine Competition Commission (PCC) has dramatically increased penalties for anti-competitive practices and non-compliance under its newly issued Memorandum Circular No. 26-002, signaling a more aggressive approach to market discipline.

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