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...
Technology is shaping our future, not only helping us manage our daily tasks but also easing our overall experiences. Amaia Land exemplifies this in its model unit, showcasing that living smarter is no longer a luxury but a practical tool for improving your way of life. Single Home 60 model unit at...
Ayala Corporation Chairman Jaime Augusto Zobel de Ayala led a group of business leaders and the corporate community in the Philippines to raise S$4 million or about $2.98 million in support of outstanding Filipino students who wish to pursue their higher education at the Singapore Management...
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.,...
Glorietta 4 facade (Photos courtesy of Ayala Malls) The dynamic retail sector in the Philippines is being driven by the constant evolution of Filipino consumers, and Ayala Malls is at the forefront, unveiling plans to transform its iconic malls—Glorietta, Greenbelt, TriNoma, and Ayala Center...
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...
Real estate giant Ayala Land Inc. (ALI) is launching P115 billion worth of projects this year with a capital expenditure (capex) budget of P100 billion as it is optimistic about opportunities for 2024. ALI President and CEO Anna Ma. Margarita B. Dy In a media and analysts’ briefing, ALI President...
Property giant Ayala Land Inc. (ALI) of the Zobels posted a 32 percent growth in net income to P24.5 billion in 2023, fueled by robust property demand and heightened consumer activity. In a media and analysts’ briefing Tuesday, Feb. 20, ALI Chief Finance Officer Augusto Bengzon said...
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 Department of Tourism (DOT) recently launched the latest stop of the Hop-On Hop-Off (HOHO) tour, the Entertainment Hub, opening the door to vibrant attractions within Entertainment City in one go. Promising diverse areas of Pasay and Paranaque, featuring modern complexes, bustling...
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,...
Ayala Malls, a unit of the Zobels’ real estate giant Ayala Land Inc. (ALI), is investing P13 billion for the redevelopment of four of its iconic malls in Metro Manila and Cebu in response to changing consumer preferences in the digital and post-pandemic era. (L-R) Mariana Zobel de Ayala,...
