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.
A Philippine bamboo cooperative is joining 10 other Southeast Asian enterprises in the ASEAN Inclusive Business Awards, putting the spotlight on companies that are trying to make community livelihoods part of the business model rather than an afterthought.
Globe’s 917 GDay 2026 “Love Overload” runs September–October across Luzon, Visayas and Mindanao, bringing festivities closer to neighborhoods and local events. Pop-ups are set for Quezon City, General Trias, Cebu, Lucena, Bacolod and Angeles City, aligning with the Siomai Festival, MassKara Festival and Tigtigan celebrations. CMO KD Dizon said the tour aims to deliver customer appreciation through accessible, community-centered moments.
Farmers in Barangay Saloy, Calinan, once struggled with unstable earnings from corn and banana, with idle cogon-covered land offering little hope for better lives. Today, their shift to high-quality cacao agroforestry backed by government and private support has lifted their livelihoods, restored forests, and earned international recognition for their produce.
More than 300 elementary students in San Juan City received school supplies and access to new reading spaces as the One Meralco Foundation (OMF) expanded its Balik Eskwela program to Salapan Integrated School.