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......»»
Cebu City Council slashes Rama’s proposed P100B budget to P25B
CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»
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......»»
JAZA upbeat on Philippines growth prospects
Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»
Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year
CAGAYAN DE ORO (MindaNews / 11 January) – A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000. Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
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......»»
Low subsidy forces LRTA to cut budget for train rehab
The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»
DA wants P35 billion budget for rice program next year
The Department of Agriculture is seeking a 15 percent increase in the budget of its national rice program next year to further boost local rice production and ensure country’s food st.....»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
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......»»
Bunye: Ayala Corporation celebrates 190 years of excellence and compassion
Bunye: Ayala Corporation celebrates 190 years of excellence and compassion.....»»
Ayala to expand partnership with Bosch
The Ayala Group and German company Bosch are eyeing opportunities to expand further their partnership in the Philippines......»»
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......»»
Bunye: Celebrating women leaders: Ayala s legacy of empowerment
Bunye: Celebrating women leaders: Ayala s legacy of empowerment.....»»
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......»»
Ayala Land breaks ground for Evo City South District, Technohub
Ayala Land Inc. recently broke ground for Evo City’s second commercial lot and first office building developments in Kawit, Cavite......»»
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......»»
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......»»