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Ayala to offer P5b more in notes

Ayala to offer P5b more in notes.....»»

Category: financeSource: thestandard thestandardJul 17th, 2017

Ayala to offer P5b more in notes

Ayala to offer P5b more in notes.....»»

Category: financeSource:  thestandardRelated NewsJul 17th, 2017

BPI plans P50B stock rights offer

Ayala-led Bank of the Philippine Islands plans to raise as much as P50 billion from the sale of new shares to existing shareholders, beefing up its war chest to fund both organic growth and potential acquisitions. BPI has obtained approval from its board to conduct a stock rights offering equivalent to as much as 567 million new shares, the bank disclosed to the Philippine Stock Exchange on Wednesday. "The bank believes that the Philippine banking sector continues to present significant growth prospects in the short to medium term and that it is well-positioned to capitalize on them," BPI said. As such, BPI said it's conducting this stock rights offering to support growth an...Keep on reading: BPI plans P50B stock rights offer.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2018

Ayala, Yuchengco groups in talks to merge education units

By Krista A. M. Montealegre, National Correspondent THE AYALA and Yuchengco groups have initiated talks to merge their education businesses, allowing the unified entity to expand its reach and offer a complete education cycle. In a joint statement, Ayala Corp. (AC) and House of Investments, Inc. (HI) announced they have executed a non-binding term sheet… link: Ayala, Yuchengco groups in talks to merge education units.....»»

Category: newsSource:  manilainformerRelated NewsJan 9th, 2018

Ayala to buy out MCT’s minority shareholders

AYALA LAND, Inc. (ALI) has launched an offer to buy out the minority shareholders of MCT Bhd. after securing control of the Malaysian developer. The real estate arm of the Ayala group said in a disclosure to the stock exchange on Monday its subsidiary Regent Wise Investments Limited (RWIL) issued a notice of an unconditional […] The post Ayala to buy out MCT’s minority shareholders appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 8th, 2018

Ayala, Yuchengco groups in talks to merge education units

By Krista A. M. Montealegre, National Correspondent THE AYALA and Yuchengco groups have initiated talks to merge their education businesses, allowing the unified entity to expand its reach and offer a complete education cycle. In a joint statement, Ayala Corp. (AC) and House of Investments, Inc. (HI) announced they have executed a non-binding term sheet […] The post Ayala, Yuchengco groups in talks to merge education units appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 8th, 2018

ALI tightens grip on Malaysian developer

REAL ESTATE giant Ayala Land, Inc. (ALI) signed a deal to cement its control over Malaysian developer MCT Bhd. that could set the stage for a mandatory takeover offer for the remaining shares held by minority investors. The property arm of Ayala Corp. said in a disclosure on Tuesday its wholly-owned subsidiary Regent Wise Investments Limited (RWIL) […] The post ALI tightens grip on Malaysian developer appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 2nd, 2018

BPI LTNCTD issue expanded to record P12.24-billion

BANK of the Philippine Islands (BPI) listed P12.24 billion worth of long-term notes yesterday, marking the entry of the bank into the fixed income exchange. The Ayala-controlled bank launched the offering of new long-term negotiable certificates of time deposit (LTNCTD) on Friday at the Philippine Dealing and Exchange Corp. The issue was met with strong […] The post BPI LTNCTD issue expanded to record P12.24-billion appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 24th, 2017

Pre-Christmas bazaar to offer products not found elsewhere

Ayala Land helps people get ready for the holidays with Pop Up Town, a Christmas bazaar that will offer items not usually found in commercial establishments. At Circuit Makati on Chino Roces Avenue, the bazaar will be held Nov. 17-19. This is the fourth year the Ayala development project will host the pre-Christmas event. Arca South in Taguig City will become Pop Up Town on Dec. 2-3. The "town" will be divided into four zones---Pop Up Shop, Pop Up Market, Pop Up Gallery and Pop Up Local---with over 200 curated shops, food and beverages, novelty items, essential accessories, rare finds and preloved pieces. Families can enjoy different activities like outdoor film screening...Keep on reading: Pre-Christmas bazaar to offer products not found elsewhere.....»»

Category: newsSource:  inquirerRelated NewsNov 14th, 2017

Conglomerates should be enlisted for growth

Conglomerates should be allowed to show what they have to offer to the public in order to boost economic growth and prevent “development progeria,” an economist said. Development progeria, University of the Philippines professor emeritus Raul Fabella told an Ayala-UP School of Economics forum, occurs when manufacturing sector growth lags services in a low-income country. [...] The post Conglomerates should be enlisted for growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 6th, 2017

Wrestling legend ‘Superfly’s’ granddaughter making Snuka name proud in vball

It’s just Penina Snuka’s first time in the Philippines, but she has been treated like she has been here for long. “Everyone has been so nice and accommodating, but it’s funny because everybody thinks I’m Filipino,” she told reporters. “I’ve had a lot of people just come up to me and just start speaking in your language. It’s such a beautiful language, but I’m looking at them with wide eyes and say, ‘I’m not from here.’” Of course, the Generika-Ayala reinforcement is not a Filipina. She is an American of Samoan descent who played setter for the University of Arizona. While she may not be a Filipina, Snuka still stands out – if you are familiar with her storied surname. “My last name is Snuka and I come from a big wrestling family starting with my grandfather and then my father,” she shared. “I have an auntie and an uncle who are wrestling right now. And of course, also, my uncle is ‘The Rock.’” Penina’s grandfather is the late Jimmy “Superfly” Snuka who was a wrestling star in the ‘80s and ‘90s before being inducted into the WWE Hall of Fame. Her father is Sim Snuka who was a former WWE Tag Team Champion. Current WWE superstars Roman Reigns and Tamina are her uncle and aunt, respectively. And then, there’s Dwayne “The Rock” Johnson who is also her uncle. Indeed, the now 22-year-old comes from a big wrestling family. For her, however, wrestling was never an option. “(Me and my brothers and sisters), as kids, we weren’t really into wrestling. We did a lot of sports – we did basketball, my brothers did (American) football, and I just kind of got into volleyball,” she said. She then continued, “Ever since I got into volleyball in sixth grade, I always loved it. I never wanted to do anything else but volleyball. Volleyball is my whole life.” And so, after a stellar career as in the University of Arizona where she was hailed as Pac-12 Setter of the Year in 2016, Snuka took the opportunity to showcase her skills in a country that is only falling more and more in love with the sport. “(Ayala-Generika) was the first to offer me. I talked to my parents about it and I did a little research, I really got to know them and the Philippines,” she said. She then continued, “I really felt this was a good place. I really felt blessed to be here.” Don’t make the mistake of thinking, however, that she has forgotten that she’s a Snuka – granddaughter and niece to wrestling legends. “I feel really honored that I come from this family. I’m someone who’s very close to my family so leaving them was kinda hard, but knowing that I’m taking that name with me out here, hopefully, I can make a good name for them,” she expressed. In that case, we all better get ready for another Snuka to make a “Superfly Splash.” --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsNov 2nd, 2017

Ayala’s dollar notes raise $400m on strong demand

Ayala’s dollar notes raise $400m on strong demand.....»»

Category: financeSource:  thestandardRelated NewsSep 7th, 2017

Ayala, SM offer new elevated road

Ayala, SM offer new elevated road.....»»

Category: financeSource:  thestandardRelated NewsMar 31st, 2017

Presidential Trump – CNN News

President Donald Trump reached for poetry and conjured a vision of common national purpose Tuesday during his first address to Congress, shifting his tone from the dark, searing approach of his previous big speeches to the nation. Trump adopted a statesmanlike cadence, hitting notes of inspiration. For once, this most unorthodox of politicians struck a conventional presidential posture as he sought to stabilize his administration after a tumultuous five weeks in office. Though his language was more lofty and unifying than normal, Trump gave little quarter on the substance of his policies on issues ranging from trade, defense, immigration and counterterrorism. The result was a populist, nationalistic prescription that he said would yield &'8220;a new chapter of American greatness.&'8221; &'8220;From now on, America will be empowered by our aspirations, not burdened by our fears, inspired by the future, not bound by failures of the past, and guided by a vision, not blinded by our doubts,&'8221; Trump said, from the Speaker's rostrum in the House of Representatives. During a vitriolic campaign and a raucous start to his term, Trump has done little to reach beyond his base of deeply committed voters who revile the kind of political elites that the President was staring down as he spoke on Tuesday. But, beset by the lowest approval ratings of any new commander-in-chief of modern times, Trump made a palpable effort to court voters who didn't support him with an offer to lay down the battles of the past. In fact, his address ticked almost all the boxes of a traditional State of the Union style appearance. &'8220;I am asking all citizens to embrace this renewal of the American spirit. I am asking all members of Congress to join me in dreaming big, and bold, and daring things for our country,&'8221; Trump said. &'8220;I am asking everyone watching tonight to seize this moment. Believe in yourselves. Believe in your future. And believe, once more, in America.&'8221; It was an uplifting and unifying message that many Americans have rarely heard from Trump, who argued &'8220;the time for trivial fights is behind us.&'8221; While Trump is not solely responsible for the coarsening of political life, his brash, Twitter-fueled approach has rocked the nation's politics. The question now is whether the President was previewing a new, more sober political persona or whether he will return to his old habits. The change in his tone was evident from the first moments of his speech when he condemned the recent spate of threats against Jewish community centers, vandalism at Jewish cemeteries and the shooting of two Indian men in Kansas. He said the violence was a reminder that &'8220;while we may be a nation divided on policies, we are a country that stands united in condemning hate and evil in all its very ugly forms.&'8221; The comment followed heavy criticism of Trump for not addressing such violence. The new President entered the House chamber to thunderous applause and spoke of the &'8220;renewal of the American spirit.&'8221; A senior White House official said Trump wrote the speech himself with input from almost every member of his presidential team of advisers. In the emotional high point of the speech, Trump turned to the first lady's box and acknowledged Carryn Owens, the widow of a US Navy Special operator, William &'8220;Ryan&'8221; Owens, who was killed in an anti-terror raid in Yemen in the first major military engagement of the new administration. His less explosive presentation style was welcomed by many lawmakers. &'8220;Donald Trump did indeed become presidential tonight, and I think we'll see that reflected in a higher approval rating,&'8221; Senate Majority Leader Mitch McConnell, R-Kentucky, said on CNN after the speech. &'8220;The Donald Trump I heard tonight was a lot more focused and disciplined and subdued, and it was a lot more uneventful in a good way,&'8221; moderate House Republican Charlie Dent told CNN's Tom LoBianco. &'8220;There were not a lot of distractions tonight, this speech was much better than the inaugural speech.&'8221; North Dakota Democratic Sen. Heidi Heitkamp, who is up for re-election next year in a state that Trump carried, said the President delivered a &'8220;very good speech.&'8221; &'8220;It was delivered with a sense of 'this is who I am, this is what I want to accomplish' and I think the goals are great,&'8221; she said. &'8220;How we get there is the $10,000 question.&'8221; Senate Democratic Leader Chuck Schumer said on CNN that Trump's &'8220;speeches and the realities are very, very far apart.&'8221; &'8220;Until his reality catches up with his speeches, he's got big trouble,&'8221; Schumer said. The looks on lawmakers' faces during Trump's speech Though his rhetoric was soaring, Trump still struck hardline notes. He overruled national security adviser H.R. McMaster, according to a senior administration official, to warn of &'8220;radical Islamic terrorism.&'8221; Hitting themes familiar from his campaign, Trump vowed to restore &'8220;integrity and the rule of law to our borders.&'8221; &'8220;We will soon begin the construction of a great, great wall along our southern border,&'8221; Trump said, drawing Republican cheers even as he didn't mention his earlier promise that Mexico would pay for construction. &'8220;As we speak tonight, we are removing gang members, drug dealers, and criminals that threaten our communities and prey on our very innocent citizens. Bad ones are going out as I speak, and as I promised throughout the campaign&'8221; While such language could please conservatives, Trump sent shockwaves through Washington earlier Tuesday [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMar 1st, 2017

Corporate News: Ayala Land to raise P30B from retail bonds, notes

AYALA LAND, Inc. will raise P30 billion by issuing a mix of retail bonds, corporate notes, bilateral term loans and short-dated notes......»»

Category: financeSource:  bworldonlineRelated NewsFeb 21st, 2017

Venezuela may have given passports to people with ties to terrorism – CNN News

The stunning postcard-perfect vista surrounding Misael Lopez in this town about one hour from Madrid belies his constant anxiety, even fear. That's because the former legal adviser to the Venezuelan Embassy in Iraq is revealing secrets he says his government doesn't want disclosed. &'8220;I'm concerned about my safety and my family's safety everywhere I go,&'8221; Lopez said as he walked the cobble-stoned streets of Toledo. Lopez, 41, says he reported what he says was a scheme to sell passports and visas for thousands of dollars out of the embassy and repeatedly turned down offers to get a cut of the money. But it was the response from his government &'8212; which has denied his allegations &'8212; that surprised him the most. CNN and CNN en Español teamed up in a year-long joint investigation that uncovered serious irregularities in the issuing of Venezuelan passports and visas, including allegations that passports were given to people with ties to terrorism. The investigation involved reviewing thousands of documents, and conducting interviews in the U.S., Spain, Venezuela and the United Kingdom. One confidential intelligence document obtained by CNN links Venezuela's new Vice President Tareck El Aissami to 173 Venezuelan passports and ID's that were issued to individuals from the Middle East, including people connected to the terrorist group Hezbollah. The accusation that the country was issuing passports to people who are not Venezuelan first surfaced in the early 2000s when Hugo Chavez was the country's president, interviews and records show. A Venezuelan passport permits entry into more than 130 countries without a visa, including 26 countries in the European Union, according to a ranking by Henley and Partners. A visa is required to enter the United States. Over the course of the CNN investigation, Lopez provided documents that show he repeatedly told Venezuelan officials about what he discovered. But he said instead of investigating his allegations, the government targeted him for disclosing confidential information. U.S. officials were also made aware of his findings. &'8220;You cannot be a cop, and a thief at the same time,&'8221; Lopez said. &'8220;I decide to be a cop and do the right thing.&'8221; Doing the right thing has cost him. It didn't start out that way. Lopez, a lawyer who worked as a police officer in Venezuela, said he thought becoming a diplomat was a great career opportunity, which would also allow him to serve his country. With that in mind, he moved to Baghdad to start his new life at the Venezuelan Embassy. But, he recalled, he got an unwelcome surprise on his first day in July 2013. His new boss, Venezuelan Ambassador Jonathan Velasco, gave him a special envelope, he said. &'8220;He gave me an envelope full of visas and passports,&'8221; Lopez recalled. &'8220;He told me, 'Get this, this is one million U.S. dollars.' I thought it was like a joke. Then he told me here people pay a lot of money to get a visa or a passport to leave this country.&'8221; About one month later, Lopez said he realized it was no joke. An Iraqi employee of the embassy, who was hired to be an interpreter, told him she had made thousands of dollars selling Venezuelan passports and visas, he said. And he could make a lot of money, too. But Lopez said he told her it was wrong and he refused. The employee pressed the issue, telling him there were thousands of dollars to be made, he said, even discussing an offer to sell visas to 13 Syrians for $10,000 each. And, Lopez, said, she told him he could get a cut of the money, too. Again, he said he refused. &'8220;I suspect it might be terrorists; that's why I reject, of course, immediately,&'8221; Lopez said. And he said it just got worse. Lopez said he was stunned when he found a document inside the embassy. It was a list of 21 Arabic names with corresponding Venezuelan passport numbers and Venezuelan identification numbers. A Venezuelan immigration official told CNN that a cross-check of the passport numbers indicated that the passports are valid and match the names on the list Lopez found &'8212; meaning the people on the list could be able to travel using those passports. But incredibly, a publicly available database in Venezuela examined by CNN shows 20 of the 21 identification numbers are registered to people with Hispanic names &'8212; not the Arabic names listed on the passports. Lopez kept investigating what was going on inside the embassy. He said he even found the case of a convicted drug dealer with an Iraqi identification certificate that appears to show he was born in Iraq. But the man had a Venezuelan passport that said he was born in Venezuela. He kept evidence and notes of what he found. Concerned that the passport and visa scheme was continuing without his knowledge, Lopez investigated the embassy employee who he said had offered to sell passports. He took photos of her desk where he says he found the embassy's official stamp, used to authenticate visas, as well as sheets of papers printed with the Venezuelan government seal. He eventually fired the employee. Lopez did not have any other documents that would confirm the allegations against her. The employee did not respond to repeated requests from CNN for comment. In April 2014, only nine months after he started the job, he emailed a report to Ambassador Velasco about [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 9th, 2017

Finance: Gov't rejects all bids for Treasury bonds

THE GOVERNMENT rejected all bids for the reissued five-year Treasury bonds (T-bonds) on offer at an auction on Tuesday despite heightened demand for the debt notes as banks sought higher yields amid a jittery market ahead of the anticipated Federal Reserv.....»»

Category: financeSource:  bworldonlineRelated NewsDec 6th, 2016

PSE readies P3.16-B stock rights offering

The Philippine Stock Exchange (PSE) is set to launch a stock rights offering worth as much as P3.16 billion by February, raising fresh funds to unify the country's capital market infrastructure while diluting the shares held by stock brokers. The Securities and Exchange Commission (SEC) recently approved the PSE's plan to sell as much as 11.5 million new common shares to existing "eligible" investors at an offer price of up to P275 per share. The target is to launch this offering by February, a top PSE official said yesterday. Net proceeds from this offering will be used to repay debt to be incurred in connection with its plan to acquire Philippine Dealing Systems Holdings Corp....Keep on reading: PSE readies P3.16-B stock rights offering.....»»

Category: newsSource:  inquirerRelated News9 hr. 18 min. ago

Ayala reorganizing energy holdings into thermal, renewable businesses

AYALA Corp. is restructuring its energy business by creating two wholly owned platforms to house its investments in renewable energy and thermal energy, the diversified conglomerate told the stock exchange on Friday. AC Energy Holdings, Inc., its holding firm handling its investments in the sector, will be retained, it added. “Ayala will retain AC Energy […] The post Ayala reorganizing energy holdings into thermal, renewable businesses appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated News13 hr. 31 min. ago

‘Strong’ demand marks Duterte’s second global bond sale

THE DUTERTE ADMINISTRATION’S second global bond offer met “strong” demand, enabling the government to raise some $750 million in new money, the Finance department said in a press release on Friday. “The strong support that this 10-year global bond float has received in the international capital markets is a testament to the deepening investor confidence […] The post ‘Strong’ demand marks Duterte’s second global bond sale appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated News13 hr. 31 min. ago

LOOK: Pia Wurtzbach stuns in European trip

Pia Wurtzbach no doubt gives justice to her Miss Universe 2015 title as she looked every inch a beauty queen in her vacation photos in Switzerland and the Netherlands. In one photo Wurtzbach uploaded last Jan. 15, she can be seen candidly posing outside the Opernhaus in Zurich, Switzerland. For the occasion, Wurtzbach wore a black trench coat, which she paired with a Christian Dior Diorama bag. The photo was captioned:"Wish I could stay here forever." As Wurtzbach enjoyed the marvelous eats Europe had to offer, her fans couldn't help but live vicariously through her photos. In another post, Wurtzbach shared a photo of her with boyfriend, racing driver Marlon Stoc...Keep on reading: LOOK: Pia Wurtzbach stuns in European trip.....»»

Category: newsSource:  inquirerRelated News21 hr. 31 min. ago