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.
Digital payments giant Visa and mobile wallet GCash have announced a partnership to introduce a new, more secure way for consumers to pay for everyday purchases across the Philippines.
Philippine manufacturers started the second half of 2026 on stronger footing, with factory output and new orders posting their fastest growth in five months as businesses tapped existing inventories to keep up with improving demand.
The Philippines’ P60-billion Electric Vehicle Incentive Strategy (EVIS) is opening new opportunities for local automotive parts makers as the industry eyes a bigger role in electric vehicle production and commercial EV exports.
For nearly two decades, Visaya has built its business the traditional way, by mastering processes, developing specialized talent, and earning the trust of global clients one contract at a time.