ACEN funds battery project with internal loan
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.
Embedded credit sneaks into everyday Filipino spending
Credit, it turns out, no longer waits at the bank. It shows up at payday, at checkout, and increasingly right where Filipinos need it.
ADB launches financing facility to power critical minerals value
The Asian Development Bank (ADB) has launched a new financing facility aimed at helping countries in Asia and the Pacific move up the value chain in critical minerals, a sector seen as central to clean energy, electric vehicles, and digital technologies.
ADB plans $70B investment on power, digital future
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.
PSEi range-bound amid global risks, weak peso
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.
