Ayala Corporation, one of the country's leading conglomerates, reported that it sustained its growth momentum with a 26 percent growth in core net income, which excludes one-off items, to P11.8 billion in the first quarter of 2024 from P9.4 billion in the same period last year. In a disclosure to...
Mandarin Hotel (Artist's perspective) Ayala Land, Inc. (ALI) and Mandarin Oriental Hotel Group (MOHG) have officially started the countdown to the storied hospitality brand’s return to Makati City, the commercial heart of the Philippines. Meean B. Dy, ALI president and CEO; Mariana Zobel de...
The Zobel family’s real estate giant Ayala Land, Inc. reported a 39 percent jump in net income to P6.3 billion for the first quarter of 2024 while consolidated revenues increased by 33 percent to P41.0 billion from the first quarter of 2023. In a briefing, ALI said it delivered significant...
Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
Alveo Land, the upper-middle income brand of Ayala Land Inc., is off to a strong start this year as it reported a record P12.7 billion in gross take up for the first quarter of 2024. Alveo President Joseph Carmichael Z. Jugo In a press briefing, Alveo President Joseph Carmichael Z. Jugo said this...
As part of ongoing efforts to develop communities and increase digital literacy among low-income families, Ayala Foundation recently secured over 800 Chromebook laptops from JPMorgan Chase – Philippine Global Service Center. The donation will be used to improve learning outcomes and the...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, has signed a cooperation arrangement with the New Zealand Trade and Enterprise (NZTE) to explore potential business and collaborative opportunities. In a statement, the firm said the signing took place last April 19, when New...
Zobel-controlled Ayala Corporation, the country’s oldest conglomerate, is raising its capital expenditure budget by 14 percent to P284 billion this year from P249 billion in 2023 as it is confident of surpassing last year’s record financial performance. Ayala Corporation stockholders' meeting....
Ayala Land's industrial parks and real estate logistics arm, Ayala Land Logistics Holdings Corporation (ALLHC), is making significant strides towards sustainable development by shifting its cold storage facilities to renewable energy sources. This move aligns with ALLHC's commitment to...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
Ayala Triangle Gardens (Photo courtesy of Ayala) During the summer season, people typically gravitate toward beach getaways, island explorations, and water activities in far-flung areas. However, for those in search of city-based summer festivals, Ayala Triangle Gardens (ATG) emerges as the...
Achieving a circular economy starts with us. It can be as small as reusing bottles or as progressive as setting up a business for processing different waste into resource; needless to say, the time to act is now. In a startling projection for 2025, the National Solid Waste Management Commission...
