Corporate Bulletins

ACEN Corp. retail electricity division ACEN RES has signed a deal to supply power to five facilities across the Philippine Cultural College's (PCC) three campuses under the Retail Aggregation Program (RAP). This allows the PCC to aggregate its electricity demand, surpass the 500-kilowatt threshold, and secure competitive, negotiated rates directly from ACEN. With nearly 1 megawatt total power demand, the PCC then benefits from customer choice and reduced electricity costs.

Enstack, a leading mobile app supporting over 200,000 entrepreneurs with independent online stores, has announced a strategic collaboration with GGives and BillEase to integrate Buy Now, Pay Later (BNPL) payment options. This partnership aims to provide small and medium-sized businesses (SMBs) with more flexible and secure payment methods, enabling them to better compete in the e-commerce space.

A. Soriano Corp., a diversified investment holding company, on Tuesday announced the passing of its vice chairman and director, Eduardo J. Soriano, at the age of 69.

Asia United Bank (AUB) continues to see robust earnings growth, with a 36 percent increase in net income to P11.3 billion in 2024, up from P8.3 billion in the previous year. 

The Bureau of Customs (BOC) on Friday reported having seized luxury vehicles worth an estimated P1.4 billion, including Ferraris, Lamborghinis, Maybachs, and Maseratis. The operation, led by the BOC's Customs Intelligence and Investigation Service (CIIS), arose from intelligence reports about allegedly smuggled cars being sold online.