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.
As concerns over youth online safety intensify, Meta is rolling out stronger protections for teenage users in the Philippines, placing safety features and parental oversight at the center of its social media platforms.
A few weeks ago in Rome, Elena Rybakina looked less like an opponent and more like a locked door. Alex Eala knocked, searched for answers, and eventually walked away empty-handed.
Tanduay participated in the recent DTI Tatak Pinoy Expo 2026 held at SMX Convention Center Manila, showcasing its 172-year legacy of distilling excellence and innovative Filipino-made products.
Energy firm ACEN Corp. has agreed to purchase additional shares worth P1 billion in its subsidiary Buendia Christiana Holdings Corp. (BCHC), as disclosed to the Philippine Stock Exchange.