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 Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.
KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.
Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.