Marcos backs Mitsubishi’s $700-million Ayala stake and Vena Energy’s ₱52-billion expansion
During Marcos’s five-day working visit to Singapore, the president met Mitsubishi Corporation and Ayala Corporation executives about a planned $700-million Mitsubishi investment that would lift its Ayala stake from 4.7% to 15%. The Presidential Communications Office said Singapore-based Vena Energy plans a ₱52-billion expansion adding 1.29 gigawatts of renewable capacity over two years (Manila Times, PCO via Facebook). Marcos also sought a nuclear energy partnership with Singapore (Inquirer, GMA News).
Foreign capital in clean power and conglomerates supports growth at a time of 7.2 percent inflation and a weak peso.
More generation capacity can ease power supply, though bills depend on prices and grid costs.
Announcements are not investments. Watch for signed agreements and filings with the stock exchange.
DailyDrop Philippines edition No. 8 · Morning · MON., OCT. 12, 2026