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.
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.
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.
MORE Electric and Power Corp. (MORE Power) is expanding the use of artificial intelligence in its power distribution system as part of a broader push to modernize its services and meet rising demand in Iloilo City.
Leading Philippine business groups have thrown their weight behind the Securities and Exchange Commission (SEC) proposal to impose term limits on broker directors of securities exchanges, calling it a timely governance reform aimed at bolstering investor confidence and market integrity.
The Philippine women's national football team don’t do dull—and certainly not defeat for long. Shaking off a tense, chance-filled but scoreless first half, the Filipinas roared back from the break to dispatch Uzbekistan women's national football team, 2-0, and book a return trip to the FIFA Women's World Cup.
The Department of Transportation (DOTr) announced that all passengers of MRT-3 and LRT-2 will get a 50 percent fare discount starting Monday, March 23, 2026.