The Zobel’s Ayala Group is venturing into the importation and distribution of e-scooters through an $8.5 million (P480 million) joint venture with Gogoro Network Pte Ltd of Singapore (Gogoro SG). In a disclosure to the Philippine Stock Exchange, Ayala Corporation (AC) said it will establish a...
The Zobels’ Ayala Corporation has sold its indirectly-held 92.45 percent stake in German auto parts maker MT Technologies GmbH (MT) for a nominal price which will result in a loss of €26 million or $28.4 million. In a disclosure to the Philippine Stock Exchange, Ayala said its wholly-owned...
NEXT WAVE OF ENTREPRENEURS Mary Grace Dimacali, Ato Tanmantiong, and Maiki Oreta with kiddopreneurs at Ayala Malls IDEA’YALA event in partnership with BPI IDEAYALA 2023 offers a thrilling opportunity for the next generation of entrepreneurs to showcase their innovative business ideas and turn...
Ayala-led ACEN Corporation will be delivering 100-percent renewable energy (RE) power supply to the 25-floor JPMorgan Chase Tower at the Fort Bonifacio Global City in Taguig, the corporate headquarters of the multinational banking and financial services firm in the country. In a media statement,...
AREIT Inc. (AREIT), the Ayala Group’s real estate investment trust, reported a 27 percent growth in recurring net income to P2.04 billion in the first half of the year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said it...
Ayala Corporation, the country’s oldest conglomerate, reported a 55 percent jump in core net income to P20.5 billion in the first half of 2023, anchored by solid contributions from Bank of the Philippine Islands, Ayala Land, and ACEN Corporation. In a disclosure to the Philippine Stock...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
The Philippine Table Tennis Federation Inc. is staging the first edition of the Huaching Inter-Collegiate Challenge on Aug. 11 to 13 at the Ayala Malls Manila Bay. A total of 23 collegiate teams have already confirmed their entry with the tournament still open for participants. Deadline of entries...
Greenfield plants and the elevated prices in the Wholesale Electricity Spot Market (WESM) boosted Ayala-led ACEN Corporation profits in the first half this year to P4.2 billion, up 94 percent from P2.2 billion in a comparative period last year. The company’s consolidated revenues had also grown 28...
Ayala Land, Inc. (ALI) turned over 859 square meters of land in Vermosa, Cavite to the Philippine Red Cross (PRC). The donated land will be used to build the Philippine Red Cross Vermosa and will serve as PRC’s headquarters in Cavite. PRC chairman and CEO Richard “Dick” Gordon emphasized the...
.jpg] Dive into the final adventure of Indiana Jones with giant immersive screens, captivating audio, and experiential activities. Harrison Ford is back to play his iconic role one last time. The Philippine premiere of "Indiana Jones and the Dial of Destiny," the final installment of the...
