Corporate

Maynilad Water Services Inc., the largest private water concessionaire in the Philippines, executed P25.75 billion in capital projects throughout 2024, focusing on significant improvements in water supply and sewerage systems.

ACEN Corp., the renewable energy arm of the Ayala group, reported net income in 2024 surging 27 percent to P9.36 billion, fueled by higher generation from new renewable energy plants, a strategic expansion program, and a 25 percent increase in attributable renewable output, totaling 5,596 GWh.

SM Supermalls hit an all-time high in average daily foot traffic in 2024, reaching 5.2 million visitors—a 6 percent increase from 4.9 million in 2023.

Converge ICT Solutions, Inc. has solidified its position as the country's premier internet provider, earning its third consecutive Ookla Speedtest Award for the Fastest Fixed Network. The recognition highlights the company’s unwavering commitment to excellence in delivering high-speed, reliable internet services to Filipinos nationwide.

Ayala Land Hospitality Corp., a newly-rebranded unit of Ayala Land Inc., is set to invest approximately USD500 million through 2030 to double its hotel and resort room capacity. Formerly known as Ayala Land Hotels and Resorts, the company plans to increase its room keys from 4,000 to 7,500 as part of its strategic expansion in anticipation of a tourism surge in the Philippines.