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.
SM Prime Holdings Inc. announced on Thursday that its newly opened SM Seaside Cebu Arena will host more than 20 shows this year, as the property developer seeks to tap into the growing demand for live events in the Visayas region.
Motorists traveling between Batangas and Quezon can expect significant relief from traffic delays before the end of the year, as partial operations for the P58.42-billion South Luzon Expressway Toll Road 4 (SLEX TR4) are slated to begin between November and December.
The Philippines is set to gain stronger cross-border payment capabilities as Southeast Asian fintech firm Fiuu secures a JCB Direct Acquiring license covering Malaysia, Singapore, and the Philippines, opening new opportunities for local merchants to tap regional and Japanese consumer spending.
The Management Association of the Philippines (MAP) is urging President Ferdinand Marcos Jr. to use his State of the Nation Address (SONA) to move the national agenda away from political debates and toward faster economic execution, emphasizing jobs, investments, and lower living costs as the country’s most urgent priorities.