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First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Philippines, US allot P1.15 billion to fight TB
The Philippines, through the Department of Health (DOH), and the United States government, through the US Agency for International Development (USAID), have teamed up to finance a P1.15-billion campaign against tuberculosis (TB) in the country......»»
Philippine bond market hits $217 billion in Q4
The Philippine bond market went up slightly in the fourth quarter of 2023 due to the increase in government bond issuances, according to a report from the Asian Development Bank......»»
ALI spending P100 billion for projects this year
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»
Ayala Land FY23 profit up 32% to P24.5-B
Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion......»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
Ayala Land allots P13 billion to redevelop 4 major malls
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»
AREIT eyes up to P9 billion additional share offering
AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»
BanKo disburses P14.2 billion loans to small businesses
The microfinance arm of Ayala-led Bank of the Philippine Islands has disbursed over P14 billion in business loans to self-employed microentrepreneurs this year......»»
ACEN secures sustainability-linked loan worth P11 billion
ACEN Corp., the listed energy platform of the Ayala Group, is looking to raise P11 billion from its first sustainability-linked loan, which will help boost solar energy capacity in the country......»»
ALI launches P1.9 billion Batangas township
Property giant Ayala Land Inc. is making a bet on yet another leisure destination, a 62-hectare mixed-use estate in Batangas, with an initial budget of P1.9 billion to develop the area......»»
ACEN secures P20 billion loan to finance RE expansion
ACEN Corp., the energy platform of the Ayala Group, has secured a new debt deal to fund the aggressive expansion of its renewable energy portfolio......»»
AREIT acquires P23 billion assets from Ayala Land
AREIT Inc., the real estate investment trust of the Ayala Group, will acquire P23 billion worth of prime commercial properties from its sponsor Ayala Land Inc......»»
Ayala eyes $1 billion from sale of non-core assets
Conglomerate Ayala Corp. is on track to raise $1 billion from the sale of some of its non-core businesses......»»
AREIT triples assets to P87 billion
AREIT Inc., the listed real estate investment trust (REIT) of the Ayala Group, has grown its assets under management to P87 billion in three years from P27 billion since it listed on the Philippine Stock Exchange in 2020. .....»»
Ayala Group nets P31 billion
Ayala Corp., the country’s oldest conglomerate, reported a core net income of P31 billion in the nine months to September, up 42 percent......»»
BPI lists P36.6 billion bonds today
Ayala-led Bank of the Philippine Islands is set to list today P36.6 billion worth of bonds on the Philippine Dealing & Exchange Corp. more than seven times the original size of P5 billion......»»
ALI earnings jump 38% in 9 months
Ayala Land Inc. reported a net income of P18.4 billion in the first nine months of the year, up 38 percent on higher revenues......»»
BPI begins bond float to raise P5 billion
Ayala-led Bank of the Philippine Islands has commenced its bond float to raise P5 billion aimed at diversifying its fund sources......»»
ACEN secures P5 billion loan facility from Metrobank
ACEN Corp., the listed energy platform of the Ayala Group, has secured a fresh debt deal with a local bank to beef up its war chest......»»