The Philippine National Bank (PNB) posted record consolidated net income of ₱25.3 billion last year, a 20 percent increase from the ₱21.2 billion reported a year earlier amid aggressive loan expansion and improved cost efficiencies. In a disclosure to the Philippine Stock Exchange, the lender...
Real estate giant Ayala Land Inc. (ALI) is allotting ₱70 billion to ₱80 billion for capital expenditures (capex), with a greater focus on its leasing business for offices and malls, which is seen to propel 2026 into another banner year as the residential market remains soft. During the firm’s...
The Philippines’ largest property developer reported a 39 percent surge in profit as recovery in commercial lot sales and its expanding hotel and mall portfolio offset the cooling residential market. In a disclosure to the Philippine Stock Exchange on Friday, Feb. 20, Ayala Land Inc. (ALI)...
Ayala Land Inc., the country’s largest property developer, expects sustained recovery across its business segments this year as it moves past a sector-wide slump triggered by the exodus of offshore gaming operators and sluggish residential demand. Anna Ma. Margarita Bautista-Dy, Ayala Land...
Philippine National Bank (PNB), the banking arm of the Lucio Tan Group, has successfully raised ₱15.7 billion from its return to the domestic debt capital market, its first since 2019. In a disclosure to the Philippine Stock Exchange, the lender said the amount was raised via a dual-tranche,...
Ayala Land, Inc. (ALI) reported a net income of ₱21.4 billion for the first nine months of the year, marginally higher than the ₱21.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the real estate giant stated that its stable earnings were due to...
Five Filipina chief executives in financial services and real estate were named in Fortune Magazine’s 100 Most Powerful Women in Asia list for 2025. Named to the list are: Martha Sazon of Mynt-Gcash (#37), Anna Ma. Margarita Bautista Dy of Ayala Land Inc. (#69), Lynette V. Ortiz of Land Bank of...
Real estate giant Ayala Land Inc. has started the ₱10.3 billion development of Ascenda, a 204-hectare master planned, nature-inspired development in partnership with the Floirendo family’s Anflocor Group. Ascenda is ALI’s first horizontal estate and biggest investment in Mindanao. To kick...
The Lucio Tan Group’s lending arm, the Philippine National Bank, is undertaking reorganization in a bid to streamline its operations following the appointment of its new president, Edwin R. Bautista. In a disclosure to the Philippine Stock Exchange, the bank stated that its Board of Directors has...
The Ty family’s investment arm, GT Capital Holdings, Inc., expects to sustain its strong growth trajectory as it reported a 31 percent jump in core net income to ₱18.11 billion due to the record performances of Metrobank, Toyota, and Metro Pacific. In a disclosure to the Philippine Stock...
Real estate giant Ayala Land Inc. is again launching residential projects in its core middle-income market after seeing a recovery in demand, which has brought down excess inventory or ready-for-occupancy (RFO) units to a comfortable level. In a press briefing, ALI President and CEO Anna Ma....
Property giant Ayala Land, Inc. (ALI) posted an eight percent growth in net income to ₱14.2 billion in the first semester of 2025 as revenues surged on the strength of its diversified portfolio. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues jumped 60...
