Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.
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.
Prime Energy’s Malampaya Onshore Gas Plant (OGP) in Batangas has marked 25 years without a recordable safety incident involving harm to people or a significant process safety incident, underscoring the importance of operational discipline as the Philippines moves to expand indigenous natural gas production.
Filipino motorists appreciate the freedom to leave the house on a given morning without checking the last digit of the license plate. In Metro Manila, this can be worth a surprising amount of money. A day without number coding means another day of using the car, another day without arranging a ride, another day without pondering why a perfectly serviceable vehicle has to stay in the garage. So when a salesperson mentions that a particular electrified vehicle can be driven even on its coding day, a prospective buyer has incentive to sit up a little straighter.
Converge ICT Solutions Inc. has secured a historic triple distinction at the 2026 HR Asia Best Companies to Work for in Asia Awards, cementing its reputation as a leading Philippine employer. The fiber broadband and tech provider took home top honours across three categories: Best Companies to Work for in Asia, Diversity, Equity and Inclusion, and Sustainable Workplace.