Tag: Ayala

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IMI consolidates China operations in Pingshan

Corporate Context.ph Context.ph -
Integrated Micro-Electronics Inc. (IMI), one of the world’s leading electronics manufacturing solutions providers, has completed the transfer of its Kuichong manufacturing operations to its nearby facility in Pingshan, Shenzhen.

IMI sells Czech unit to Keboda for EUR10M

Corporate Context.ph Context.ph -
Integrated Micro-Electronics Inc. (IMI), a member of the Ayala Group, has signed a definitive agreement to divest its Czech Republic operations to KEBODA Deutschland GmbH & Co. KG, a subsidiary of Shanghai-based Keboda Technology Co., Ltd., for a total consideration of EUR10.03 million, subject to adjustments.

ACEN boosts renewables with Cagayan North Solar project

Energy & Mining Context.ph Context.ph -
ACEN Corp., the Ayala group’s listed energy platform, is expanding its renewable footprint in North Luzon with the 133-megaWatt Cagayan North Solar project in Lal-lo, Cagayan. 

ACEN post 27% income growth, fueled by higher generation, expansion

Corporate Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala group, reported net income in 2024 surging 27 percent to P9.36 billion, fueled by higher generation from new renewable energy plants, a strategic expansion program, and a 25 percent increase in attributable renewable output, totaling 5,596 GWh.
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DTI pushes VinFast to build Philippine EV plant

Trade & Investments 0
The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Energy & Mining 0
Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

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Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

Marcos government eyes income upgrade, poverty decline soon

Economy 0
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.

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