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Ayala Corp cold storage JV to start construction on massive facility

GMAC Logitech Refrigeration Corporation, the cold storage joint venture between Ayala Corp [AC 675.00 ?1.2%] and private cold storage player Glacier Megafridge, announced it would break ground in a few weeks on a new 11,798-pallet position temperature-controlled facility in Panabo City, Davao del Norte......»»

Category: financeSource: philstar philstarMar 8th, 2024

Ayala Group to put a little focus on cold storage logistics

Ayala Corp confirmed a report that quoted AC Chairman Jaime Zobel as saying that AC “can make a difference” by building cold storage facilities and developing a network of “cold transport” and “cold chain improvement structures”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

Magsisibuyas tatayuan ng cold storage facility

Nangako si Pangulong Ferdinand Marcos Jr., na magtatayo ang gobyerno ng cold storage facilities sa Mindoro para sa mga magsasaka ng sibuyas upang mapanatili ang presyo nito sa panahon ng anihan. The post Magsisibuyas tatayuan ng cold storage facility first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 25th, 2024

Cold storage industry capacity to grow by 8% in 2024

Local cold storage capacity is expected to grow by at least eight percent this year to around 750,000 metric tons, driven by higher storage demand for food items, according to the Cold Chain Association of the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Ayala Group eyes more cold storage facilities

The Ayala Group plans to establish more cold storage facilities in the country as part of efforts to support the agriculture sector, especially to address the issue of food spoilage......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Ayala logistics unit to double cold storage capacity by 2025

AyalaLand Logistics Holdings Corp. is targeting to double its cold storage capacity by next year in support of the promising cold chain sector in the country......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

12,000-pallet cold storage breaks ground in Panabo

A 12,000-pallet cold storage facility will soon rise on a 63-hectare lot at Anflo Industrial Estate in Panabo City, Davao del Norte......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

ALLHC to launch 3 new cold storage facilities

AyalaLand Logistics Holdings Corp. is further boosting its cold storage footprint nationwide with the launching of three new facilities this year......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

FTI urged to build cold storage facilities for onions

Food Terminal Inc. should consider undertaking a P1.5 billion cold storage program to stock onions and provide farmers with guaranteed market while preventing another runaway in prices, an industry group said......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

DA to build more Taguig cold storage facilities

The Department of Agriculture plans to construct more cold storage facilities at the Food Terminal Inc. in Taguig City as part of its strategy to address overproduction and minimize post-harvest losses of agricultural products, particularly vegetables and other high-value crops......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

AyalaLand Logistics to begin construction on 3 cold storages this year

AyalaLand Logistics said that it will begin construction on three cold storages in 2024, with one facility in Luzon and the other two in VisMin......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

US tanker transfers fuel to Subic storage facility

US-registered tanker is currently in the country to transfer fuel from a military base in Pearl Harbor, Hawaii to a commercial storage facility in Subic Bay, according to the US embassy in Manila......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Ecija onion farmers get storage facilities

The Department of Agriculture has turned over two onion cold storage facilities to the DA-Central Luzon office in Nueva Ecija......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Ayala Corp. raises P6 million from tACbo

Ayala Corp., through Ayala Foundation, raised P6 million from a running event it organized as part of its 190th anniversary......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

Cebu-Based Filipino Homes Launches Global Partners Facility Against Scammers in Real Estate

Cebu-based Filipino Homes intensified its campaign against scammers in buying real estate properties with the launching of their “Global Partners” facility in Dubai, United Arab Emirates (UAE). The facility will help in particular Overseas Filipino Workers (OFWs) or Filipinos living abroad access to right information pertaining to property investments in the Philippines and other related […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 5th, 2024

Ayala lists investment priorities

Ayala Corp., the country’s oldest conglomerate, will continue to invest in sectors that would help address society’s pain points, its chairman Jaime Augusto Zobel de Ayala said yesterday......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Ayala Corp profit hits record high in 2023

Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024