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.
Alternergy Holdings Corp., a listed renewable energy, has secured two tranches of funding from Rizal Commercial Banking Corp. (RCBC) for its 28 megaWatt-peak Balsik Solar Power Project in Hermosa, Bataan.
Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corporation (NAC), has secured a P5.175-billion senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to fund the construction of its 145-megawatt peak (MWp) Cawag solar power project in Subic, Zambales.
Record earnings from its power generation and nickel mining businesses, stronger real estate and construction contributions, and sharply reduced cement losses lifted DMCI Holdings Inc.'s net income by 28 percent to P15 billion in the first nine months of 2026.
Masando Hashimoto’s Philippine assignment is taking him to a bigger regional stage, with Toyota Motor Corp. naming the Toyota Motor Philippines Corp. (TMP) president chief executive officer of its Asia Region effective January 1, 2027.
The Philippines’ agricultural trade deficit widened by nearly a quarter in September 2026 as a sharp decline in export earnings outweighed higher import spending, underscoring the country’s persistent dependence on foreign food and farm products.
The Department of Tourism (DOT) is seeking to renew and eventually expand visa-free entry for Chinese tourists, arguing that tighter monitoring can address security concerns without shutting out legitimate visitors.