Real estate giant Ayala Land Inc. (ALI) is investing an initial P5.2 billion for the development of Crossroads in Plaridel, Bulacan—its 49th estate in the country and its second project in the province of Bulacan. “With the vision of enhancing land and enriching lives for more Filipinos, Ayala...
The joint venture of Aboitiz Power Corporation and AC Energy and Infrastructure Corp. of the Ayala group will be selling electricity to Manila Electric Company (Meralco) for a rate higher by P1.65 per kilowatt hour (kWh) to P5.96 per kWh compared with the cheaper P4.31 per kWh rate of South...
The Ayala Group of Companies accounted for a quarter of the 32 Philippine publicly listed companies (PLCs) recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards. These firms are Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom,...
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...
