Zobel-controlled Ayala Corporation, the country’s oldest conglomerate, announced that it has renamed its subsidiary AC Motors to ACMobility as part of the unit’s rebranding to become an end-to-end mobility provider. “This rebrand of AC Motors to ACMobility reflects the transformation of...
The Securities and Exchange Commission (SEC) has issued a cease and desist order against entities involved in the unauthorized use of Ayala Corporation’s name to illegally solicit investments from the public. In an order dated Feb. 22, the Commission En Banc directed Ayala Corporation Group Inc.,...
Billionaire Jaime Augusto Zobel de Ayala (JAZA), chairman of the country’s oldest conglomerate Ayala Corporation, is optimistic the Philippines has the momentum to "maintain its position as one of the region’s fastest growing economies this year.” “We enter 2024 optimistic that inflation...
The Zobel family-controlled Ayala Corporation, the country’s oldest conglomerate, reported that it will be increasing its group-wide capital expenditures (capex) budget for 2024, higher than the P250 billion it actually spent last year. “We estimated the figure to be higher compared to...
The Zobel-controlled Ayala Group continues to beef up its warchest and hopes to raise $250 million to $400 million from the divestment of its smaller investments as it focuses on the expansion of its ventures into renewable energy, electric vehicles, healthcare, and logistics. In an interview,...
Mariana Zobel de Ayala, executive director of the country’s oldest conglomerate Ayala Corp., said the catastrophic impact of the ongoing climate change requires corporations to take drastic steps to counter this as they can longer go on with “business as usual.” “It is our belief that...
Billionaire Fernando Zobel de Ayala, Board Director of the country’s oldest conglomerate Ayala Corporation, has been conferred the Pro Ecclesia et Pontifice (For Church and Pope), the highest honor the Pope bestows upon a layperson. Ayala Corp. Director Fernando Zobel de Ayala receives Pope's...
Billionaire Jaime Augusto Zobel de Ayala (JAZA), chairman and CEO of the Philippines' oldest conglomerate Ayala Corporation, calls on both private and public sectors to work together to close persistent gaps in four major sectors for exponential growth and equitable progress amid government's goal...
Ayala Healthcare Holdings Inc. (AC Health), a unit of the Zobels' Ayala Corporation, reported that it has acquired a significant minority stake in North Luzon-based pharmaceutical company, St. Joseph Drug (Joleco Resources Inc.). In a disclosure to the Philippine Stock Exchange (PSE), Ayala...
Ayala Corporation treats more than a hundred children from the most vulnerable communities in Metro Manila to a free tour at Ayala Museum Ayala Corporation, in coordination with Ayala Foundation and Virlanie Foundation, hosted a free tour at Ayala Museum, where more than a hundred children from...
Ayala Corporation, the holding company of the Zobel family, has signed with MUFG Bank Ltd. (MUFG) and Sun Life Philippines sustainability-linked credit facilities with an aggregate amount of P5 billion. In a statement, the country’s oldest conglomerate said this is to reaffirm its commitment to...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
