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.
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.
Travel experts often say the best trip moments are the unplanned ones — happy detours, new activities or unexpected finds that never made the original itinerary. Now Philippine Airlines (PAL) and the Singapore Tourism Board (STB) are encouraging Filipino travelers to embrace that spirit with their joint “We Don’t Wait for Fun” and “SG Sige G!” campaign.
NLEX Corporation held the inauguration of a new stretch of the NLEX‑C5 Northlink project on Thursday, timed before the big holiday traffic buildup for Undas.
The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.