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Flagship Ayala companies on tight budget this year

The Ayala Group is slashing its capital expenditures for the second year in a row, as its flagship property and telco segments cut their respective budgets to maximize existing assets......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

IMI transitioning to new leadership

Ayala-led Integrated Micro-Electronics Inc. is transitioning to a new leadership with long-time CEO Arthur Tan set to step down from his role after over two decades......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Bunye: Ayala Corporation celebrates 190 years of excellence and compassion

Bunye: Ayala Corporation celebrates 190 years of excellence and compassion.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Ayala to expand partnership with Bosch

The Ayala Group and German company Bosch are eyeing opportunities to expand further their partnership in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Ayala Museum offering free admission on final day of Juan Luna exhibit

Ayala Museum will be opening to the public free admission on March 24, coinciding with the last day of the "Splendor: Juan Luna, Painter as Hero" exhibition......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Bunye: Celebrating women leaders: Ayala s legacy of empowerment

Bunye: Celebrating women leaders: Ayala s legacy of empowerment.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 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

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......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

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:  philstarRelated NewsMar 8th, 2024

SEC issues cease and desist order vs bogus Ayala Group

SEC issues cease and desist order vs bogus Ayala Group.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

SEC cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 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

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

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 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 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