ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.
The Bank of the Philippine Islands (BPI) has announced that its reduced ₱10 InstaPay fee for interbank fund transfers, originally introduced as a promotional offer, will become a permanent feature starting the first day of June this year. The move reinforces the bank’s focus on digital innovation and financial accessibility.
The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of Maynilad Water Services Inc., marking a significant corporate milestone for the West Zone water concessionaire and setting the stage for one of the year’s largest public offerings in the country.
Emperador Inc., the liquor conglomerate led by tycoon Andrew Tan, announced on Monday a series of sustainability-focused initiatives across its operations in Spain and the United Kingdom, marking a significant move toward environmental stewardship in the global spirits industry.
Motorists will face higher fuel costs starting Tuesday as gasoline prices rise by P0.40 per liter and diesel by P0.30, according to the various fuel retailers. However, kerosene users will benefit from a P0.10 per liter cut.