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.
Farm tourism could become an unlikely but powerful driver of climate-resilient Philippine exports, according to the head of the Philippine Exporters Confederation, Inc. (PHILEXPORT), as global buyers tighten sustainability standards across supply chains.
In a world where dinner, rides, and groceries arrive with a few taps on a phone, one young Filipino founder is asking a different kind of convenience question. Why shouldn’t repairs work the same way?
In the world of food and agribusiness, the journey from mill to meal is rarely simple. It demands sharp strategy, scientific precision, and the kind of resilience that thrives under pressure.
International Container Terminal Services Inc. (ICTSI) is pressing ahead with expansion and acquisitions even as geopolitical tensions in the Middle East begin to ripple across global shipping routes and costs.