ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.
ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
ACEN, the listed energy company of the Ayala Group, will soon begin building the 60-megaWatt Pangasinan Solar farm, the listed power firm’s first development in the province and the second solar farm to start a major construction this year.
ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.
Opening a bank account in the Philippines is now as simple as ordering a meal online, thanks to BDO Unibank’s fully digital account setup via the BDO Pay app.
The Palawan Group of Companies, Land Bank of the Philippines (LANDBANK) and the Department of Social Welfare and Development (DSWD) have partnered to expand access to government financial assistance, combining digital payment services with physical payout channels to reach vulnerable Filipinos.
PAGCOR-regulated gaming platform Buenas PH has launched a sports and wellness campaign aimed at promoting physical activity, digital moderation and responsible gaming among Filipino online gaming communities.
The Bureau of Internal Revenue (BIR) has established a mechanism for electronic notaries public to comply with documentary stamp tax (DST) requirements, addressing a key regulatory hurdle in the nationwide rollout of electronic notarization for property and corporate transactions.