ACEN Corp., the renewable energy firm led by the Ayala group, has voluntarily handed back a set of early-stage wind and solar service contracts in the Philippines, as it moves from rapid expansion toward sharper execution and more efficient capital use. The company also unveiled key executive appointments that will take effect next year, alongside its latest financial results showing strong earnings growth.
The University of the Philippines College of Law Class of 1976 will mark its golden jubilee on Friday with an unusual anniversary gift: a Supreme Court victory in its decades-long fight against political dynasties.
Ayala Corp. reported a 6 percent decline in core net income for the first nine months of the year, as softer earnings in its traditional property and banking businesses were tempered by steady telecommunications profits, stronger energy contributions, and rapid revenue growth across its emerging healthcare and electric vehicle ventures.
Approved investments of the Philippines’ three largest investment promotion agencies rose 39 percent to P1.4 trillion in January to October 2026, with the Board of Investments accounting for nearly two-thirds of the increase.