Tag: Ayala

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Charging Baguio’s Future: Ayala sparks EV momentum

Ayala’s ACMobility is spurring northern travel as it plugs Camp John Hay into the country’s fast-growing electric vehicle network. 

Portfolio gains boost Ayala net income by 36%

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’s Mynt secures SEC nod for capital stock change

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, Ayala unit partner for E-Mobility push

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...

IMI consolidates China operations in Pingshan

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.

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PEMC, PERPI team up to improve electricity market operations

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

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

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

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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