Aboitiz-Led Group Submits Top $642 Million Bid For Philippine State-Owned Hydro Power Plant

The Caliraya-Botocan-Kalayaan hydroelectric plant in Laguna, South of Manila. Courtesy of CBK Power Company A consortium led by a unit of Aboitiz Equity Ventures—controlled by tycoon Sabin Aboitiz and his family—submitted the highest bid of 36.3 billion pesos ($642 million) for a government-owned hydro power facility. Led by Aboitiz Renewables, the Thunder Consortium—which includes Japanese…

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Winter fuel payment U-turn in numbers

Ben Chu Policy and analysis correspondent, BBC Verify Getty Images The government’s decision to largely reverse its cuts to winter fuel payments has raised questions about its spending and savings plans – and its fiscal rules. BBC Verify has been looking at the the key numbers. What has changed on winter fuel? At the time…

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