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......»»
Bitcoin hits new all-time high
The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
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......»»
Ayala Corp tightens insider trading policy
Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»
MIAA doubles profit in 2023
The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»
Ayala cooperative taps STAR to promote media literacy
In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»
'tACbo raises PhP6 million for Ayala Foundation’s education programs
MANILA – Runners, fitness enthusiasts, and education advocates banded together to raise at least PhP6 million for Ayala Foundation’s education programs as they participated in tACbo, the biggest running event in Metro Manila this January. Organized by Ayala Corporation to kick off its 190th anniversary, tACbo attracted as many as 6,000 participants in 21K, 10K, […].....»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
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......»»
Megaworld posts record financial outcome in 2023
Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»
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......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
Annual Stockholders Meeting of Ayala Corp. slated on April 26
The Annual Stockholders' Meeting of Ayala Corporation will be conducted virtually on Friday, April 26, 2024 at 9 a.m......»»
SEC issues CDO vs bogus Ayala group
The Securities and Exchange Commission has issued a cease and desist order versus groups using the name of Ayala Corp. to illegally solicit investments......»»
JAZA upbeat on Philippines growth prospects
Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»
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”......»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
GOCC handling Clark complex posts 33 percent profit drop in 2023
The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»