AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies. 31456 31456 AC Industrials Chairman and...
75 YEARS OF PH-US RELATIONS The US government has committed to continue extending economic assistance to the its ally the Philippines in the form of grants for infrastructure projects, investment insurance coverage, technical and sustainability assistance as both countries marked their 75...
Volkswagen Philippines, one of the motor vehicle units of the Ayala Group, strongly pivots this year to the distribution of more affordable but of same quality vehicles from China or other markets with less “friction cost” rather than from their products’ source of origin, Germany. Felipe...
Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala has been welcomed into the Council for Inclusive Capitalism by the Vatican and the global non-profit coalition of business and public sector leaders. The council is working to build a “more trusted, fair, responsible, dynamic, and...
Plans also include new dealerships and perhaps a new K-pop partnership Written by Eric Tipan As the brand introduced a new slogan early this year, Kia Philippines used its ‘power to surprise’ and revealed big plans to drive them to their two main goals in 2021, double market share and...
Swedish motorcycle brand, Husqvarna, is now back in the Philippines. The unique brand, founded in 1903, is known for its eccentric style. This 2021, it returns with fresh optimism for 2021 under its new distributor, Adventure Cycle Philippines, Inc. (ACPI), known for its Austrian motorcycle brand,...
Ayala Corp. (AC), one of the country’s leading conglomerates, is increasing its investments in the country with about P182 billion in capital expenditures earmarked for this year for their various businesses even as the company continues its COVID-19 efforts with donations already hitting P12.7...
Ayala Corporation reported a 75 percent fall in net income to P11.4 billion in the first nine months of the year but noted that its performance in the third quarter is much improved compared to the second quarter of 2020. In a disclosure to the Philippine Stock Exchange, the conglomerate said...
In the midst of a pandemic that halted most business activity for months, 21 Filipino companies managed to maintain their sustainability initiatives and win at the recent Asia Corporate Excellence & Sustainability (ACES) Awards. In awarding ceremonies held online last 10 November, 21 companies...