
Aboitiz Group Q1 net income nearly doubles to P6.3B
Of AEV’s P6.3 billion Q1 2026 total net income from strategic business units, power was the largest contributor at 56 percent, followed by food and beverage at…
· 2 min read
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Of AEV’s P6.3 billion Q1 2026 total net income from strategic business units, power was the largest contributor at 56 percent, followed by food and beverage at…
· 2 min read

The local bourse finally snapped its five-day losing streak, while the peso slid to a fresh record low of P61.56 on Wednesday as the energy shock’s impact on…
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EvoEnergi has secured a supply contract with Golden Arches Development Corp. (GADC), the operator of McDonald’s Philippines, covering electricity needs for 224…
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Amid rising concerns over oil supply, the Department of Energy (DOE) has assured that off-grid areas across the country will not face rotational brownouts,…
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Other discussion points include cutting fossil fuel subsidies, reducing production and consumption equitably, and accelerating investment in renewable energy.
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Apple has named longtime executive John Ternus as its next chief executive officer, signaling continuity as the tech giant prepares for its next phase of…
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Lark has partnered with Shakey’s Pizza Asia Ventures Inc. to drive the digital transformation of its restaurant operations and corporate teams, aiming to…
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Security Bank, SBM Leasing Inc. and North-Min Auto Dealership Inc. (NMADI) have formed a partnership to expand access to Isuzu commercial vehicles for…
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Aboitiz Power Corp. (AboitizPower) saw a 71 percent jump in first-quarter net income to P7.9 billion from P4.6 billion a year earlier, driven by stronger…
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The Department of Energy (DOE) clarified that recent fuel price rollback announcements are based on consolidated data and internal computations, urging the…
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Aboitiz Equity Ventures Inc. (AEV) has earmarked P88.5 billion in capital expenditures for 2026, down from about P105 billion set last year to fund expansion…
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The Department of Energy (DOE) will maintain its moratorium on new coal-fired power plants, even as it moves to boost electricity supply and contain…
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Citicore Renewable Energy Corp. (CREC) has secured shareholder approval for its planned merger with six subsidiaries to streamline operations.
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The Philippine auto industry kept its sales growth trend in the first quarter of 2026, according to figures from Chamber of Automotive Manufacturers of the…
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ASEAN, through this immediate convening, continues to engage in consultation and coordination to address developments affecting regional energy security.
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Suzuki Philippines Inc. secured two spots in Calamba City’s 2026 Top Taxpayer Awards during the city’s 25th Cityhood Anniversary celebration at the Jose Rizal…
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The President recently visited housing projects in Pampanga to inspect their progress and ensure units are affordable and accessible to beneficiaries.
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