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.
Gen Z prefers relaxed, authentic get-togethers over rigid plans—choosing home visits over fancy bars, and enjoying creative, unconventional drinks that feel true to their taste.
Globe is the only Philippine telco and one of just two local firms included in TIME and Statista’s 2026 World’s Most Sustainable Companies list. This marks its second straight year on the ranking.
First Balfour Inc., the construction and engineering unit of Lopez-led First Philippine Holdings Corporation, has received the prestigious Mother Nature Award from the Pollution Control Association of the Philippines, Inc. (PCAPI).
AIA Philippines and BPI AIA have introduced two new health insurance products—AIA Critical Protect Plus and BPI AIA MultiCare Protect—while donating to the Kythe Foundation to help children with cancer.