Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), marking its first investment in the Philippines. Under the agreement, ABC Impact subscribed...
Philippines Allocates 300 Hectares for New Mindanao Naval Base

Philippines Allocates 300 Hectares for New Mindanao Naval Base

The Philippine government has approved the allocation of 300 hectares of land within the Phividec Industrial Estate in Misamis Oriental for the development of a new naval base, marking a major step in strengthening national defense and regional industrial capacity in...