Just like how GCash got an unexpected but huge boost during the Covid-19 pandemic, another new business of Ayala Corp., car dealer ACMobility, is now benefiting from the Middle East conflict as surging fuel prices have heightened the appeal of electric vehicles (EVs). In a press briefing after the...
Ayala Corp., the country’s oldest conglomerate, is prepared to slash its planned capital expenditure for 2026 by as much as 28 percent as escalating tensions in the Middle East cloud the global economic outlook. Cezar P. Consing, Ayala president and chief executive officer, said the Zobel...
Jaime Augusto Zobel de Ayala, the long-standing architect of the Philippines’ telecommunications sector, is stepping down as chairman of Globe Telecom Inc., marking the end of a nearly three-decade tenure that saw the company evolve from a niche cable provider into a digital services...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Zobel-led conglomerate Ayala Corp. is raising up to ₱30 billion through issuances of Philippine peso-denominated bonds to be sold via general public offerings. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 22, the firm said its board of directors approved the finance...
The anti-trust watchdog Philippine Competition Commission (PCC) has approved the acquisition by Danish infrastructure fund A.P. Møller Capital of a 40-percent stake in Ayala Corp.’s subsidiary, AC Logistics Holdings Corp. The acquisition paves the way for the proposed logistics joint venture...
Ayala Corp., the Philippines’ oldest conglomerate, signaled a more aggressive stance on regional partnerships and capital raising as it moves into 2026, following a year characterized by a pivot toward global joint ventures and specialized infrastructure funding. The Zobel family-led holding...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
Ayala Corp.’s $100-million blended finance deal for electric mobility was named the Philippines’ Transport Deal of the Year in The Asset Triple A Sustainable Infrastructure Awards 2025. The financing for Ayala subsidiary ACMObility came from the Asian Development Bank (ADB) and Canadian...
Zobel-led Ayala Corp. is ramping up the expansion of its consumer business, this time sealing a business venture to bring Spinneys, a premium fresh food supermarket chain in the United Arab Emirates, to the Philippines. In a disclosure to the Philippine Stock Exchange, the country’s oldest...
Ten Philippine companies, including conglomerates Ayala Corp. and SM Investments Corp., made it to TIME Magazine and Statista’s World 's Best Companies 2025 list, which measures employee satisfaction, revenue growth, and sustainability transparency. The list, which includes 1,000 companies...
Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
