The International Finance Corp. (IFC) is investing in a social bond to be issued by Ayala Corp.’s foreign subsidiary that will fund the development of an integrated health ecosystem in the country. The IFC, a member of the World Bank Group, said on Thursday, Nov. 11, that it invests $100 million...
AC Health, a member of the Ayala Group of Companies, has administered over 500,000 doses of the COVID-19 vaccine, breaching the halfway mark of its one million-dose target. Since its official launch in July, AC Health, through its COVIDShield program, has been inoculating members of priority groups...
In an effort to educate young voters in the upcoming May 2022 elections, Xavier University (XU) and the Ayala Foundation Inc., (AFI) formalized their partnership for the "Maging Magiting" Voter's Educational Campaign. (Photo from Xavier University) Representing the two institutions during the...
Buoyed by gradual rebound in electricity demand in the Luzon grid, the consolidated net income attributable to parent firm of AC Energy Corporation (ACEN) jumped 22 percent to P4.3 billion within nine-month period this year from P3.5 billion in a parallel timeframe last year. On stream of revenues,...
A one-stop mall for fitness, wellness, and much-deserved relaxation One thing most Filipinos focused on during this pandemic is staying healthy. Exercise, relaxation, and overall wellness have been top priorities for individuals. With this, there has been a dramatic demand for sports and self-care...
ALI profits rise despite ECQ James A. Loyola Ayala Land Inc. (ALI) posted a 35 percent rise in consolidated net income to P8.6 billion in the first nine months of 2021 as business operations continued to improve despite the reimposition of stricter quarantine restrictions from August to September....
Listed firm AC Energy Corporation (ACEN) of the Ayala group and Filipino-owned CleanTech Global Renewables Inc. are eyeing a joint venture for the commercial development of the proposed 200-megawatt solar farm project in Lal-lo, Cagayan province. In a disclosure to the Philippine Stock Exchange...
Real estate giant Ayala Land, Inc. (ALI) has successfully listed its new P3 billion 4.0776 percent p.a. fixed rate bonds in a virtual ceremony at the Philippine Dealing and Exchange Corporation (PDEX). The 10-year bond listing due 2031 is part of ALI’s newly approved third shelf registration...
The Senate Committee on Justice and Human Rights on Tuesday, Oct. 26 approved the bill seeking to grant Philippine citizenship to Elizabeth Eder-Zobel de Ayala, wife of Ayala Corp. Chairman and CEO Jaime Zobel De Ayala. Approved was Senate Bill No. 2221 which was introduced by Senate Minority...
Listed firm AC Energy Corporation (ACEN) is committing ‘early retirement’ of its remaining coal-fired power plant in line with the Ayala group’s overall ‘net zero’ target through year 2050. The Ayala firm said its management will employ ‘energy transition mechanism’ (ETM) “for the...
Ayala Corporation, one of the largest conglomerates in the country, is committing to achieve net zero greenhouse gas emissions by 2050. This was announced by Ayala President & CEO Fernando Zobel de Ayala during the group's Integrated Corporate Governance, Risk Management, and Sustainability...
Ayala Land, Inc. (ALI), through its Alagang AyalaLand (AAL) program, has sustained its plan to help communities recover from the pandemic through livelihood opportunities in its developments. In a statement, the firm said over 400 social enterprises (SEs) are now hosted and nurtured in its...
