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.
The University Athletic Association of the Philippines has cleared Ateneo de Manila University to compete in Season 89 despite the June 8 team-building tragedy in Dipaculao, Aurora that claimed the lives of student-athletes Rene Clert Baterbonia and Chukwuemeka Divine Adili, while imposing a lifetime ban on former Blue Eagles head coach Thomas Anthony Baldwin and suspending seven other members of the team’s coaching and support staff.
Accessibility is often measured in inches and angles, in ramps, elevators, doorways, and pathways. But its real measure is simpler. It is whether a place allows people to move through it with dignity, independence, and ease.
SMX Convention Centers is expanding its footprint as the Philippine business events industry gathers momentum, with visitor traffic rising 18 percent in the first half of 2026 and new venues in Cebu and Metro Manila set to add capacity.