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.
Maternal and infant mortality remain key public health issues in the Philippines. According to data, the national maternal mortality rate stands at 84 per 100,000 live births, while Lipa City recorded the highest number of maternal and fetal deaths in the province in 2022.
The country's cement makers are backing a tougher regulatory line on substandard products, arguing that stronger enforcement is about more than protecting the market—it's about protecting the buildings and infrastructure that rely on every bag of cement.
Philippine Blockchain Week 2026 opened on June 19 at SMX Convention Center with the "Future of Trust: A Leaders Forum on Technology and Governance". The event gathered senior officials from government agencies, regulatory bodies, financial institutions, telecommunications firms, cybersecurity experts and technology organizations to discuss how technology can strengthen public trust and become national infrastructure.