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.
Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.
Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.
Filipino food brands are steadily carving out space in Singapore’s highly competitive premium consumer market, as the Department of Trade and Industry (DTI) ramps up efforts to position Philippine exports beyond traditional commodity offerings and into higher-value branding and innovation-driven segments.