Tag: Ayala

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Ayala expands Japan partnerships for AI, fintech 

Corporate Context.ph Context.ph -
The Ayala Corp. on Wednesday signed memoranda of understanding (MOUs) with leading Japanese firms Mitsubishi Corp., MUFG Bank, and KDDI Corp. in Tokyo to strengthen cooperation in smart cities, digital finance, marketing technology, and artificial intelligence-driven infrastructure, according to the Presidential Communications Office (PCO).

Globe earnings climb despite economic headwinds

Communications & Technology Context.ph Context.ph -
Globe Telecom opened 2026 with stronger revenues and operating profits as rising mobile data usage, expanding fiber adoption, and growing digital finance contributions helped cushion the impact of a challenging economic environment.

ACEN funds battery project with internal loan

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.

Ayala holds earnings, trims capex amid uncertainty  

Corporate Context.ph Context.ph -
Diversified investment holding company Ayala Corp. is reassessing its capital expenditure program for the year as global macroeconomic volatility forces a more cautious investment stance, though the conglomerate is keeping its earnings targets unchanged for now, according to president and CEO Cezar P. Consing.

ACMobility seen turning profit in 2026

Transport & Logistics Context.ph Context.ph -
ACMobility, Ayala Corp’s mobility arm, is on track for a financial turnaround after narrowing losses in 2025, with management expecting the business to reach profitability in 2026 as its electric vehicle push gains scale.
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PEMC, PERPI team up to improve electricity market operations

Corporate Bulletins 0
The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.

BPI calls for unified action vs cyber threats at 2026 CyberProtect conference

Communications & Technology 0
Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”

DOE forms joint task force to lower electricity charges and remove extra charges

Energy & Mining 0
The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.

BPI simplifies account opening with national ID integration

Banking & Insurance 0
The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

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