Just like how GCash got an unexpected but huge boost during the Covid-19 pandemic, another new business of Ayala Corp., car dealer ACMobility, is now benefiting from the Middle East conflict as surging fuel prices have heightened the appeal of electric vehicles (EVs). In a press briefing after the...
Ayala Corp., the country’s oldest conglomerate, is prepared to slash its planned capital expenditure for 2026 by as much as 28 percent as escalating tensions in the Middle East cloud the global economic outlook. Cezar P. Consing, Ayala president and chief executive officer, said the Zobel...
Real estate giant Ayala Land Inc. (ALI) is choosing to hunker down and easing its aggression in the face of additional challenges posed by the conflict in Iran, even as it has yet to recover from the adverse impact of a middle-income condominium oversupply after the loss of the Philippine offshore...
ACEN Corp. Chief Executive Officer (CEO) Eric Francia has dismissed speculation that parent company Ayala Corp. is seeking to divest its stake in the renewable energy producer, rebuffing reports that Japanese and Canadian investors are circling the firm. Speaking to reporters following the...
Amid global volatility and local controversies, the Philippine real estate sector continues to show resilience, reinvention, and untapped potential. According to global real estate services firm Santos Knight Frank (SKF), as the real estate sector enters its next phase of growth—the long-term...
Jaime Augusto Zobel de Ayala, the long-standing architect of the Philippines’ telecommunications sector, is stepping down as chairman of Globe Telecom Inc., marking the end of a nearly three-decade tenure that saw the company evolve from a niche cable provider into a digital services...
Ayala Land Inc., the country’s largest property developer, has suspended sales for its latest ultra-luxury project in the Makati central business district, citing heightened execution risks linked to the escalating conflict in the Middle East. “In light of the evolving global conditions,...
Bank of the Philippine Islands (BPI) is bracing for the fallout from escalating Middle East tensions, weighing the impact of the Iran conflict on regional remittances and global supply chains even as the lender reported record first-quarter earnings. Jaime Augusto Zobel de Ayala, BPI chairman,...
His recent task was straightforward: create a showroom interior presenting Ayala Land’s brand of premier luxury and sustainable living in the heart of the city. From his bespoke perspective, James JJ Acuna envisioned a shared space that emphasized collaboration, community involvement, and...
Work is no longer limited to traditional setups. With shifting needs, Ayala Land Offices (ALO) is upgrading its flexible office offering, turning Clock In into Click Space, a workspace solution designed for businesses that need greater flexibility and scalability. Click Space moves beyond standard...
Section 1 of the Lipa City—Mataas na Kahoy Diversion Road was recently opened, and this development in infrastructure is expected to spur new commercial and institutional growth along a key corridor in Batangas, improving access and reinforcing Lipa’s position as a rising regional center. ...
Real estate giant Ayala Land Inc. (ALI) is beefing up its share buyback program with a fresh ₱10-billion budget after nearly depleting the ₱26 billion it allotted in 2020 for buying its own shares. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 31, ALI said its...
