Ayala Corporation, the country’s oldest conglomerate, reported a 19 percent drop in net income to P5.4 billion in the first quarter of 2021 from the same period last year. Ayala Corporation In a disclosure to the Philippine Stock Exchange, the firm said core net income declined nine percent to...
Six Philippine companies, led by the Sy family’s SM Investments Corporation and BDO Unibank, made it to Forbes Magazine’s 19th annual Global 2000 list. The list is an international ranking of the world's biggest, most-powerful and most-valuable companies based on an analysis of four metrics:...
The Securities and Exchange Commission (SEC) has approved the public offering by Ayala Corporation of up to P10 billion worth of bonds under its P30 billion debt securities program. In its meeting on May 11, the Commission En Banc resolved to render effective the...
The coronavirus disease (COVID-19) vaccination of private employees will start in June as about 17 million AstraZeneca doses will start to arrive next month, Presidential Adviser for Entrepreneurship Secretary Joey Concepcion said on Tuesday, May 4. Presidential Adviser for Entrepreneurship...
The reins of Ayala Corporation have been passed on to a new Zobel but the firm continues to look for fresh opportunities as it is cautiously optimistic about its post-COVID prospects. “We are cautiously optimistic about the business environment and will continue to prepare for a post-...
Philippine industry leaders called on the private sector to take the lead in the country’s digital transformation to ensure safe and sustainable economic recovery. During a virtual roundtable discussion organized by the Stratbase ADR Institute on “The Private Sector as a reliable partner to the...
Ayala Corporation is planning to raise up to P10 billion from the issuance of fixed-rate bonds as the initial tranche of its planned three-year Debt Securities Program (DSP) of up to P30.0 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has filed its application for the...
Ayala Corporation reported a 16 percent drop in core net income to P26 billion last year as the impact of mobility restrictions weighed down on its various business units. In a disclosure to the Philippine Stock Exchange, the firm said core profit excludes the...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Ayala Corporation revealed more about its succession plan with the announcement that Chairman Jaime Augusto Zobel de Ayala (JAZA) will be giving up his concurrent position as Chief Executive Officer in favor of his brother, Ayala President Fernando Zobel de Ayala (FZA). In a disclosure to the...
The Philippines has no choice. The only way to recover from the pandemic is to go digital. So says Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala, popularly known as JAZA. Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala (Ayala Corp / MANILA BULLETIN) “We realized...
Boxing idol Manny Pacquiao is megarich but unlike others he’s big-hearted. The fighting senator from Gen. Santos City once again showed his generosity by donating his talent fee as newest brand ambassador of Globe to the victims of typhoons “Rolly” and “Ulysses” which battered some parts...
