iPeople, inc., the education partnership between the Yuchengco and Ayala groups, is seeking to merge subsidiaries National Teachers College (NTC) and Affordable Private Education Center Schools (APEC). In a disclosure to the Philippine Stock Exchange, iPeople said the shareholders and boards of...
SPEAKING OUT Ignacio R. Bunye In 2004, an estimated 80 percent of Filipinos remained unbanked. To help solve this problem, Globe Telecom entered fintech and launched GCash under its subsidiary: Mynt - Globe’s Fintech Innovations. When Ant Financial invested in GCash, it took a simple payments app...
Ayala-led ACEN Corporation further boosts its domestic solar capacity portfolio with the new acquisition of a 60-megawatt solar farm project in Pangasinan province. The company said it just signed recently a deal for the sale and purchase of the interests of two shareholders (the Sungrow Power...
The Securities and Exchange Commission (SEC) has approved the change in the corporate name of the oil and gas investment arm of ACEN Corporation of the Ayala group to “ENEX Energy Corp” from ACE Enexor Inc. The change in the company’s name had earlier obtained the approval of the board of...
Globe Telecom’s 917Ventures and Ayala Corp. are bringing Gogoro of Taiwan’s two-wheel electric vehicle and battery-swapping technology to the Philippines. To be piloted in Metro Manila in the first quarter of 2023, Gogoro’s Smartscooters will serve as an eco-friendly alternative to fossil...
Scooter and battery-swapping technology coming to PH There could be a new electric scooter revolution on the horizon. Globe’s 917Ventures and Ayala Corporation are set to bring global two-wheel electric vehicle and battery-swapping technology leader Gogoro to the Philippines. Gogoro is a smart...
Holiday fairs, shopping promos, and the live staging of The Nutcracker stage the most wonderful time of the year at the mall nearest you Christmas is coming up and magical shows, sweet fairs, and heartwarming get-togethers are all set to stage the most wonderful time of the year. WONDERWORLD Ayala...
Real estate giant Ayala Land Inc. is planning to raise P45 billion from in debt capital to partially finance general corporate requirements and refinance maturing debt. In a disclosure to the Philippine Stock Exchange, the firm said the amount will be raised through the issuance of retail bonds or...
Ten men posing as National Bureau of Investigation (NBI) agents were arrested for serious illegal detention and attempted robbery charges filed by a resident of the exclusive Ayala Alabang Village in Muntinlupa on Nov. 22. Brig. Gen. Kirby John Kraft, Southern Police District (SPD), said the 10...
Ayala Land Inc. (ALI) and the Araneta Group’s joint venture Altaraza Development Corporation (ADC) is investing P20 billion to develop 600 hectares of prime land to form part of the existing Altaraza estate in San Jose del Monte, Bulacan. In a statement, ALI said this expansion will provide a...
Lipa City--Real estate giant Ayala Land Inc. is investing P9.8 billion over the next 15 years to develop its latest estate—the 92-hectare Areza in Lipa City Batangas. Areza is ALI’s first master planned, mixed-use estate in Batangas and is envisioned to be the new downtown of Lipa City. This is...
Ayala Land Inc. (ALI) is set to complete the P25 billion development of the 2.8-hectare One Ayala complex, located at the corner of EDSA and Ayala Avenue, which will add a gross floor area of 280,000 square meters to its portfolio. In an interview during the inauguration of the One Ayala Terminal,...