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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 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......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

JAZA upbeat on Philippines growth prospects

Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Next generation of Ayala leaders step into the spotlight at media party

Mariana and Jaime Alfonso Zobel, together with their cousin Jaime Urquijo, meet some members of the Philippine press in the inaugural media night by the Ayala Group.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024

1 of 2 ‘viral’ sports cars found in Ayala Alabang

One of two luxury sports cars that had gone viral after being spotted speeding along Metro Manila’s roads was found in exclusive Ayala Alabang village in Muntinlupa, the Bureau of Customs reported yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Ayala Land sells P5.6-B worth of AREIT in discount block sale

Ayala Land disclosed that it sold 181 million shares of its subsidiary, AREIT, at P31.10/share which was a 7.2% discount to the previous day’s closing price......»»

Category: financeSource:  philstarRelated NewsJan 29th, 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

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

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 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

DOH allots P55 million for cervical, breast cancer screening

The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Dover Corporation opens career opportunities; Hiring Blitz now launched

Dover Business Services (DBS), an independent business-to-business service provider within Dover Corporation, launched a job fair dubbed “Hiring Blitz” for their expansion plans in Cebu at Seda Ayala Center Cebu on January 25 to 26, 2024. The 2-day fair offers a wide range of career opportunities, from senior leadership to data analytics and project management,.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

DALI gears up for expansion

The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

DigiPlus allots P100 million for corporate outreach

Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao

Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»

Category: newsSource:  inquirerRelated NewsJan 28th, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Bautista leads groundbreaking for Laguindingan Airport expansion

Transportation Secretary Jaime Bautista led the groundbreaking for the expansion of the Laguindingan Airport in this province on Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024