ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company.
The Bank of the Philippine Islands (BPI), led by the Ayala Group, has unveiled its new digital payroll solution, ePayroll, designed to streamline payroll management for businesses while enhancing employee onboarding. The system, integrated into BPI’s corporate banking platform, BPI BizLink, is set to simplify payroll processing, allowing businesses to onboard employees and disburse salaries with ease and efficiency.
Converge ICT Solutions Inc. is extending digital support to Cebu entrepreneurs as government and industry partners seek to help micro, small, and medium enterprises turn social commerce into a sustainable growth channel.
The Securities and Exchange Commission (SEC) has issued a public advisory warning against fraudulent Facebook pages falsely claiming to represent Just Smile Lending Corp., highlighting heightened regulatory vigilance to protect consumers and legitimate businesses.
Makati Development Corp. is strengthening its credentials as a high-rise construction specialist after winning the Philippine Excellence in Concrete Construction Awards overall title for the second consecutive year.
The Securities and Exchange Commission (SEC) has clarified its decision to admit Binance Holdings Inc. as a global crypto asset exchange partner within its regulatory sandbox, stressing that participation does not grant immediate authorization to operate locally.