Tag: ACEN

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Ayala pushes growth, spending, earnings skyward

Capital discipline and strategic investments drove Ayala Corp.’s performance last year, with the listed conglomerate spending P92.9 billion on expansions across residential, leasing, hospitality, and estate development. The outlay underscores the group’s confidence in long-term growth even amid market volatility.

ACEN profit slides as renewable output surges

ACEN Corp., the renewable energy arm of the Ayala Group, reported a sharp drop in net income for 2025 as weaker power prices, weather disruptions, and asset impairments weighed on earnings despite strong growth in renewable energy output.

ACEN swaps debt for ENEX equity

ACEN Corp. is tightening its grip on subsidiary ENEX Energy Corp., converting P75 million worth of receivables into equity in the listed oil and gas explorer.

ACEN lands TIME’s elite list

ACEN has secured a coveted spot in TIME and Statista’s Asia-Pacific’s Best Companies 2026, joining 500 top-performing firms recognized for shaping the region’s business landscape.

Yusen powers logistics hub with clean energy

Yusen Logistics Philippines, Inc. has taken a decisive step toward decarbonizing its operations, signing a supply agreement with ACEN Renewable Energy Solutions to power its Parañaque City head office entirely with renewable energy.

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Batangas Port becomes world’s first READY Port for disaster resilience

DP World and local partner Asian Terminals Inc. (ATI) have designated the Batangas Integrated Port (BIP) as the world’s first READY Port — a global standard for disaster preparedness and humanitarian logistics.

Insurance industry powers up for EV boom

The electric vehicle revolution is no longer a distant prospect. From compact city cars to premium sport utility vehicles, EVs are becoming a more common sight on Philippine roads. Yet while vehicle technology has advanced rapidly, insurance products have often struggled to keep pace.

BSP warns public vs impostors soliciting donations, personal data

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against individuals pretending to be its officers or staff to ask for donations or collect personal information.

Asialink Finance in partnerships expanding EV mobility financing

Asialink Finance Corporation (AFC), a leading non-bank financial institution, has sealed strategic partnerships with CBEV Transport Technology Inc. (CarBEV), VinFast Fairview, and PeekUp to boost electric vehicle (EV) financing and support sustainable mobility in the Philippines. The agreements were signed during a ceremony at AFC’s office.

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