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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Taiwan extends visa-free entry for Filipinos till 2027

Filipinos can continue traveling to Taiwan without a visa for another year after Taipei extended its visa-free entry program until July 31, 2027, reinforcing efforts to boost tourism, business travel and people-to-people ties with the Philippines.

Chinabank named Domestic Cash Management Bank of the Year

Chinabank has been awarded the Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards, in recognition of its digital transformation and leading corporate banking services.

Century Properties keeps 20% dividend payout despite uncertainty 

Century Properties Group Inc. (CPG) is standing by its commitment to reward shareholders, declaring a P554.89-million cash dividend for 2026 while maintaining the higher 20 percent payout policy it adopted last year despite an uncertain business environment.

Tanduay wins golds for premium rum at 2026 Bartender Spirits Awards

Tanduay has further cemented its position among the world’s top premium rum producers, earning Gold Medals for two of its products at the 2026 Bartender Spirits Awards held in Chicago, USA last June 10.

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