Tag: ACEN

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Ayala expands P20B buyback to shares of units

Corporate Context.ph Context.ph -
Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

ACEN’s  Robbins Island wind project secures approval

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, said the 900 MW Robbins Island wind project in Australia has secured Federal Government approval, a major boost to one of the largest private investments in Tasmania’s history and a pivotal step in Australia's clean energy transition.

ACEN, UPC begin construction of major India renewables

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, has partnered with UPC Renewables for the construction of two green energy projects in India: a 420-megaWatt solar farm in Rajasthan and a 120 MW wind farm in Karnataka.

ACEN divesting 3 diesel-fired plants to be pure-green play

Energy & Mining Context.ph Context.ph -
ACEN Corp., the listed green energy platform of the Ayala Group, said its Executive Committee has approved the sale of its interests in three...

BDO CEO gets P35M in property dividends

Corporate Context.ph Context.ph -
Nestor V. Tan, president and chief executive officer of BDO Unibank Inc.,has received P35 million worth of  shares as property dividends issued by the banking arm of the SM Group.
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SSS, RCBC team up to widen digital microloans

Banking & Insurance 0
The Social Security System (SSS) and Rizal Commercial Banking Corp. have signed a memorandum of understanding to expand digital access to short-term credit, rolling out the pension fund’s LoanLite facility through RCBC’s mobile platform.

Luzon Grid under yellow alert due to power plant outages

Energy & Mining 0
The Luzon power grid was placed under a yellow alert from 4 p.m. to 10 p.m. on Thursday, April 16, due to several power plants going offline.

Jollibee wins Korea nod for Shabu All Day

Corporate 0
Jollibee Foods Corp., the Philippines’ largest fast-food chain, said it has secured regulatory approval in South Korea for its planned acquisition of All Day Fresh Co., Ltd., the company behind the “Shabu All Day” hot pot chain, marking a key step in expanding its presence in one of Asia’s most competitive dining markets.

PAL expands US network with new non-stop service to Chicago

Transport & Logistics 0
Philippine Airlines (PAL) will launch a new nonstop flight between Manila and Chicago starting November 9, expanding its network in the United States. Chicago becomes PAL’s eighth U.S. and U.S. territory destination, alongside Honolulu, Los Angeles, San Francisco, Seattle, New York, Guam, and Saipan.

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