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Ayala, ADB deal awarded for pushing electric vehicle use

Business World Philippines

|

October 23, 2025

AYALA CORP. and the Asian Development Bank’s (ADB) $100-million financing deal has been recognized as the Philippines’ Transport Deal of the Year at The Asset Triple A Sustainable Infrastructure Awards 2025 for supporting the expansion of the country’s electric vehicle (EV) infrastructure.

- Alexandria Grace C. Magno

The agreement funds AC Mobility Holdings, Inc. (AMHD), Ayala’s mobility arm, in developing a network of charging stations and commercial EV fleets nationwide.

Business World Philippines からのその他のストーリー

Business World Philippines

Business World Philippines

Ready, fire, aim: How to refocus your business for sustainable growth

Ready, fire, aim, Entrepreneurs are advised to start a business this way, to just start and then make adjustments later on.

time to read

4 mins

October 23, 2025

Business World Philippines

PHI may top 2024 sales performance

MEGAWIDE CORP. on Wednesday said real estate unit PH1 World Developers, Inc. is on track to exceed its 2024 performance after sales surged in the first nine months of the year, driven by strong demand for its projects in Cavite.

time to read

1 mins

October 23, 2025

Business World Philippines

Business World Philippines

Old house, new rules

IT’S THE STORY of a house, a family, and food.

time to read

2 mins

October 23, 2025

Business World Philippines

Goodbye tension, hello pension

In the first part of our discussion, we highlighted the importance of creating robust retirement plans that exceed the minimum requirements set by Philippine retirement laws.

time to read

3 mins

October 23, 2025

Business World Philippines

Business World Philippines

Philippine data center capacity may hit 1.5 GW by 2028 — DICT

THE PHILIPPINES’ data center capacity could reach 1.5 gigawatts (GW) by 2028 as more operators, both local and foreign, set up facilities in the country next year, the Department of Information and Communications Technology (DICT) said.

time to read

2 mins

October 23, 2025

Business World Philippines

Business World Philippines

Nearly 30,000 homebuyers to join DHSUD, Pag-IBIG Fund at National Housing Expo on Oct. 23-24

Nearly 30,000 potential homebuyers are expected to attend the National Housing Expo as the Department of Human Settlements and Urban Development (DHSUD), Pag-IBIG Fund, key government shelter agencies, and private developers showcase housing opportunities at the World Trade Center in Pasay City on Oct. 23 and 24.

time to read

2 mins

October 23, 2025

Business World Philippines

Twilio, telcos to launch silent network authentication in PHL

American customer engagement platform Twilio, Inc. is working with local telecommunications companies (telcos) to launch its silent network authentication (SNA) channel in the Philippines by 2026, as more banks shift away from onetime passwords (OTPs) to stronger authentication methods.

time to read

1 mins

October 23, 2025

Business World Philippines

Business World Philippines

Gunboat diplomacy: How classic naval coercion has evolved into hybrid warfare on the water

Over the summer, the United States deployed warships to the Caribbean — ostensibly to menace drug traffickers but also as a none-too-subtle warning to Venezuela.

time to read

3 mins

October 23, 2025

Business World Philippines

Online gambling's huge social costs outweigh 'minimal' economic contribution, DEPDev says

THE PHILIPPINES' economic planning department on Wednesday expressed its support for either an outright ban of online gambling operations or tighter regulations for the sector, a position that might give lawmakers impetus to crack down on the industry that has come under scrutiny due to its social impact.

time to read

3 mins

October 23, 2025

Business World Philippines

Sweden provides $1.3-M grant for Subic-Clark-Manila-Batangas rail

THE Subic-Clark-Manila-Batangas (SCMB) railway project has received a grant of $1.3 million from Sweden, the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said.

time to read

1 mins

October 23, 2025

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