The Philippine Competition Commission (PCC) has given the green light to a strategic joint venture between listed conglomerate Ayala Corp. and EMIF II Holding III B.V., clearing the latter’s acquisition of a roughly 40 percent stake in AC Logistics Holdings Corp.
Ayala Corp., the diversified investment holding company of the Ayala Group, posted a 36 percent jump in net income to up P46.3 billion in the first nine months of 2025, boosted by one-off gains from the revaluation of AC Ventures following Mitsubishi’s acquisition of a 50 percent stake.
Ayala Corp., the diversified investment holding company of the Ayala Group, said that the Securities and Exchange Commission (SEC) has approved the amendment of...
Basic Energy Renewable Corporation (BERC), a wholly owned subsidiary of Basic Energy Corp., has partnered with ACMobility, the Ayala Group’s mobility platform, to co-develop...
The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.
The National Grid Corporation of the Philippines (NGCP) on Wednesday said electricity consumers may see slightly higher transmission charges in their April 2026 bills.
The Department of Energy (DOE) said on Wednesday the country’s fuel supply is sufficient for more than 50 days, based on current inventories and expected deliveries.