Corporate

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.

The Philippines has taken a major step in its economic revitalization efforts with the signing of the Implementing Rules and Regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. Finance Secretary Ralph G. Recto said this development sends a clear message that the country is ready to compete on a global scale, offering stability and an investment-friendly environment.

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.

Filinvest Land Inc. (FLI) on Tuesday secured approval from the Securities and Exchange Commission (SEC) to offer P12 billion in fixed-rate bonds.

Figaro Coffee Group Inc. announced a 14 percent increase in income for the fiscal second quarter ending December 2024, reporting P222.04 million, up from P194.74 million the year prior.