Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

Energy & Mining Context.ph Context.ph -
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.

Thunder Consortium wins CBK Hydro bid

Energy & Mining Context.ph Context.ph -
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.

AboitizPower gets nod to list fixed-rate bonds on PDEx

Corporate Context.ph Context.ph -
Aboitiz Power Corp. said it has secured approval from the Philippine Dealing and Exchange Corp. (PDEx) to list the first tranche of its retail...

300 MW Meralco, AboitizPower EPSA ends

Energy & Mining Context.ph Context.ph -
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.

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PH seeks US tariff relief as forced labor review looms

Economy 0
The Philippines is looking to the US for a positive response to measures Manila has taken to address forced labor concerns, as bilateral talks continue over additional tariffs on Philippine exports.

Gov’t launches world’s first sex-sorting buffalo semen lab

Agriculture 0
The Department of Agriculture (DA) and the Philippine Carabao Center (PCC) have inaugurated the world’s first laboratory fully dedicated to sex-sorting buffalo semen, marking a major policy and infrastructure milestone to strengthen domestic food security, cut import dependence, and build a self-sustaining local dairy sector.

EastWest, foodpanda team up boosts everyday spending value

Corporate Bulletins 0
Food delivery is now part of Filipino daily life, with foodpanda seeing peak lunch and dinner orders, steady weekend demand, and 25.3 percent of late-night deliveries (11 p.m.–4 a.m.) for burgers. Responding to this shift and rising digital payments—49 percent of platform transactions—foodpanda and EastWest have launched their co-branded foodpanda Visa credit card.

EU extends ₱10.9M aid for monsoon flood victims

Context Dispatch 0
The European Union (EU) is releasing €150,000 (some ₱10.9 million) in humanitarian funds to help communities hit hard by severe monsoon floods across Luzon. This support matter for over 32,000 people in the most affected areas: Ilocos Region, Central Luzon, and Metro Manila.

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