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.
Alas Pilipinas’ girls fought Japan to the edge before running into the hard wall of international experience, falling in straight sets at the FIVB U17 World Championship in Chile and missing a chance to climb into the tournament’s 9th-to-12th-place bracket.
The Tourism Promotions Board (TPB) Philippines, the marketing and promotions arm of the Department of Tourism (DOT), is bringing the 18th Regional Travel Fair (RTF) to Cotabato City for theee days at the Alnor Hotel and Convention Center. The second edition of the annual event, lasting until thia Sunday, places the spotlight on the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as the region enters a more intentional phase of growth, linking destination promotion directly to improved market access for local businesses and communities.
Global financial institution ING has formally announced plans to redeem two series of outstanding SEC-registered debt instruments totaling $1.75 billion on their designated contractual call date of September 11, 2026.
The Event Experience Expo (E3) 2026 is set to return on October 28 and 29 at the World Trade Center Metro Manila, bringing together top local and international event solution providers in a bid to drive innovation and efficiency across the sector.