Ayala Land Inc. (ALI), the largest property developer in the Philippines with over 11,000 hectares and 52 estates nationwide, saw a significant rise in Filipino investment in both residential and commercial properties in the first half of 2024. This surge reflects strong confidence in the stability...
ST Telemedia Global Data Centres (STT GDC) Philippines opened its upgraded facility in Makati City as part of its expansion efforts to raise data center capacity in response to increasing demand. STT GDC is a joint venture between Globe Telecom, Ayala Corporation, and ST Telemedia Global Data...
Zobel-led Ayala Corporation, the country’s oldest conglomerate, is launching its planned P15 billion offering of Preferred B shares on Sept. 23 with the offering period to end on Sept. 27, 2024. Based on the firm’s draft prospectus, the dividend rate for the preferred will be set on Sept. 19,...
Zobel-led Ayala Corporation disclosed that it is paying P22.4 billion for the acquisition of an additional eight percent of Globe Fintech Innovations, Inc. (Mynt), the operator of the GCash platform, from existing shareholders. In a disclosure to the Philippine Stock Exchange providing final...
Zobel-led Ayala Corporation reported a 21 percent growth in net income to P22.3 billion in the first half of 2024 as core net income, which excludes significant one-off items, improved 18 percent to P24.3 billion. In a disclosure to the Philippine Stock Exchange, the country’s oldest conglomerate...
Manila Bulletin is set to further its commitment to promoting sustainability awareness with the launch of the first-ever Manila Bulletin Sustainability Focus Session. The event is scheduled to take place on September 24, 2024, at the Dr. Robert C. Sy Grand Ballroom, located within the Blessed...
Jaime Alfonso Zobel de Ayala, CEO of ACMobility, automotive arm of the Ayala Group of Companies Getting around town has always been challenging for Filipinos. Even when we don’t need to travel very far, transportation is quite a vital part of our daily routine. It isn’t helping that the high...
Another affordable housing solution is now available for residents in Sta. Mesa, Manila, as Amaia Land unveils Amaia Skies Sta. Mesa Tower 2. The affordable housing brand of Ayala Land showcases the second and final tower of its Amaia Skies Sta. Mesa development, situated at the corner of...
Property giant Ayala Land Inc. (ALI) is talking to other domestic airline companies for the sale of its investment in AirSWIFT, although negotiations with Cebu Pacific Air is "progressing." In an interview, ALI Executive Director and Head of Leasing and Hospitality Mariana Zobel de Ayala said that,...
Power utility giant Manila Electric Company (Meralco) will cough up fresh investments for the construction of new substations that will support the real estate buildout of Ayala Land inc. According to the power firm, the major projects it will be pursuing for the Ayala firm will be substations to...
Property giant Ayala Land Inc. (ALI) said its net income grew 15 percent to P13.1 billion in the first half of the year from the same period in 2023 as consolidated revenues increased to P84.3 billion on the back of robust property demand and consumer activity. In a disclosure to the Philippine...
Ayala Healthcare Holdings Inc. (AC Health) reported that it has completed its investment in St. Joseph Drug, officially adding the North Luzon-based pharmaceutical company to its healthcare portfolio. In a statement, AC Health’s parent, Ayala Corporation, said the definitive agreements were...
