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Landslide death toll climbs to 98 in Philippines

MANILA, Feb. 17 (Xinhua) -- The death toll from a landslide in a mining town in Davao de Oro province in southern Philippines on Feb. 6 has climbed to 98, a regional disaster prevention office said Saturday. The Maco Municipal Disaster Risk Reduction and Management Office said rescuers continue to search for nine others who remained missing. Rocks, soil and debris triggered by days of rain slid from mount.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Philippines forex reserves dip to $103 billion in January

The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 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

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

Inflation to average 3.2 percent in first quarter

Inflation is expected to average within the target range of the Bangko Sentral ng Pilipinas in the first quarter, according to First Metro Investment Corp. and University of Asia and the Pacific Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 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

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

Next gen leaders herald new era for Ayala Group

Marking a rare milestone with its 190th anniversary this year, the country’s oldest conglomerate’s recent media night served as the stage to launch its next generation of leaders as the new face of the Ayala Group......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 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

Coming of age party

It was sort of a coming of age party for the next generation of stewards of the Ayala Group with the master of ceremonies, Rene Almendras, deftly weaving in the 190th anniversary theme of the historic conglomerate into the Ayala Group’s media night games held Friday, Feb. 16, at the Dusit Thani Hotel in Makati......»»

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

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