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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Senator Aquino pushes blockchain bill for transparency

Senator Bam Aquino is pressing the House of Representatives to pass a landmark transparency measure that would use blockchain technology to track government spending, arguing that digital innovation should be as much about rebuilding public trust as modernizing the economy.

Marcos order unlocks 1.2 million sqm PEZA offices

The administrative order of President Ferdinand R. Marcos Jr. to reopen Metro Manila to new Philippine Economic Zone Authority (PEZA)-registered IT parks and centers is expected to unlock about 1.2 million square meters of future office space, easing a growing shortage of PEZA-accredited facilities in the capital's key business districts.

San Beda, PLDT Enterprise push digital campus drive as it marks 125 years

As San Beda University celebrates its 125th founding anniversary, it is partnering with PLDT Enterprise to upgrade digital systems across its campuses in Mendiola, Taytay, and Alabang.

Digital permits drive stronger city tax collections, PIDS finds

Cities that have fully digitized business permitting are collecting significantly more local business taxes than those still relying on paper-based processes, adding fresh evidence that digital government can directly strengthen local economies.

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