Property giant Ayala Land Inc. (ALI) is talking to other domestic airline companies for the sale of its investment in AirSWIFT, although negotiations with Cebu Pacific Air is "progressing." In an interview, ALI Executive Director and Head of Leasing and Hospitality Mariana Zobel de Ayala said that,...
Power utility giant Manila Electric Company (Meralco) will cough up fresh investments for the construction of new substations that will support the real estate buildout of Ayala Land inc. According to the power firm, the major projects it will be pursuing for the Ayala firm will be substations to...
Property giant Ayala Land Inc. (ALI) said its net income grew 15 percent to P13.1 billion in the first half of the year from the same period in 2023 as consolidated revenues increased to P84.3 billion on the back of robust property demand and consumer activity. In a disclosure to the Philippine...
Ayala Healthcare Holdings Inc. (AC Health) reported that it has completed its investment in St. Joseph Drug, officially adding the North Luzon-based pharmaceutical company to its healthcare portfolio. In a statement, AC Health’s parent, Ayala Corporation, said the definitive agreements were...
Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
The Philippine Red Cross (PRC) and Ayala Corp.’s Healthway Cancer Care Hospital (HCCH) on July 25 signed a memorandum of agreement to make blood supply affordable and accessible to cancer patients. Under the agreement, PRC will deliver blood to HCCH weekly or as necessary during...
Ayala Land, Inc. (ALI) and Eton Properties have recently unveiled the Dr. Lucio Tan Sr. Avenue in Parklinks Estate. This thoroughfare serves as the main access road, connecting the various components of the development and providing visitors and future residents with convenient accessibility. ...
Jaime Z. Urquijo, Ayala Corporation’s Chief Sustainability Officer As the effects of climate change are steadily becoming more tangible, we all too often hear one corporation after another pledging to enact more sustainable practices. Yet Ayala Corporation is moving the goalposts further, with...
George Aquino, president and CEO of Ayala Land Hospitality Ayala Land, Inc. (ALI) continues to signal its commitment to the hospitality industry by appointing George Aquino as the president and CEO of Ayala Land Hospitality. Aquino, a seasoned hotelier, brings a wealth of experience to the role,...
Ayala Corporation has firmed up plans to raise up to P15 billion from an offering of Preferred B shares with the filing of applications with the Securities and Exchange Commission and the Philippine Stock Exchange. In a disclosure to the PSE, the country’s oldest conglomerate said it has...
Real estate giant Ayala Land Inc. (ALI) has successfully raised P20.5 billion through its pioneering Sustainability-Linked Financing (SLF) Program after securing a loan from the International Finance Corporation (IFC). Management Committee Members and Executives of Ayala Land, Inc., Securities and...
Property giant Ayala Land Inc. reported that its rental leasing unit, Ayala Malls, has reinforced customer data privacy measures to ensure a secure shopping environment across all its properties. In a statement, the firm said that, with increasing attention to data protection, this initiative...
