Ayala Corp. - updates

Rappler's latest stories on Ayala Corp.


Ayala invests $237 million in Myanmar tycoon's empire

Nov 14, 2019 - 7:30 PM

Ayala Corporation is set to acquire a 20% stake in Serge Pun's Yoma Group. The deal is the biggest ever Philippine conglomerate investment in Myanmar.

The Philippines' biggest business deals in 2017

Dec 28, 2017 - 3:00 PM

The country's conglomerates have acquired everything from digital payment tech to coal power plants this year, as they acquire the tools they hope will shape the economy’s future

Ayala, SM taipans finally at ease over MRT-LRT common station

Apr 29, 2017 - 10:02 PM

At a recent government forum Jaime Zobel De Ayala and Teresita Sy Coson share a light hearted moment over the common station that their firms argued over for nearly 8 years

Ayala Corp in the time of Duterte

Apr 24, 2017 - 5:21 PM

The conglomerate is positioning itself to take advantage of the administration s infrastructure push

Story of Zalora deal points way for Ayala Corp’s dive into digital future

Apr 21, 2017 - 10:39 PM

Ayala Corp sees the move not just as an entry into ecommerce but as the foundation for logistics The deal itself shows how the conglomerate’s size and diversity helps it capitalize on new trends

Ayala Corp nets P26B in 2016, eyes power and digital for the future

Mar 13, 2017 - 9:30 PM

The conglomerate sets up a slew of energy and e commerce investments although the bulk of its earnings still comes from traditional sectors

ITS-Southwest pre-bid requirements deadline moved to Sept 29

Sep 12, 2014 - 5:20 PM

Changes in the concession terms of the ITS Southwest Terminal project have prompted the government to move the deadline

INTEGRATED. The country's biggest conglomerates are likely to participate in a project integrating Metro Manila transportation. Photo by Rolex Dela Pena/EPA

8 foreign, local firms eye Laguna expressway-dike project

Aug 12, 2014 - 11:23 AM

Interested bidders have until October 16 this year to submit the pre qualification requirements for the largest PPP project of the Aquino administration

THE BIGGEST PPP PROJECT TO DATE. The P123-billion Laguna Lakeshore expressway dike project is the biggest to date of the Aquino administration.

GT Capital interested in Laguna road, dike project

Aug 10, 2014 - 2:38 PM

Ayala Corp and Metro Pacific Investments Corp have earlier expressed interest in the PPP project

DOTC to postpone bidding for P2.5-B bus terminal

Jun 01, 2014 - 8:21 PM

The agency earlier revised the terms of the agreement for the public private partnership project

INTEGRATED. The country's biggest conglomerates are likely to participate in a project integrating Metro Manila transportation. Photo by Rolex Dela Pena/EPA

DOTC: PPP projects to boost FDI inflows

Apr 06, 2014 - 7:36 PM

The agency says the successful bidding of the AFCS and Cebu airport expansion will attract more investments into the country

Ayala, SLEx operator finally agree on Daang Hari design

Dec 20, 2013 - 9:44 AM

The PPP center however warns of other challenges in the completion of the project

SIGNED. Winning bidder, Ayala Corp. and South Luzon Tollway Corp. has signed an agreement Daang Hari-SLEx road link project.Photo courtesy of the PPP Center.

Daang Hari-SLEx road complete by Sept 2014

Oct 28, 2013 - 11:36 AM

The 4 kilometer Daang Hari SLEx road link will be finished by September or October 2014 says an Ayala Corp official

Daang Hari - SLEX

Ayala takes second look at LRT-1 Cavite project

Oct 23, 2013 - 5:13 PM

The Ayala group wants to revive its rail partnership with Metro Pacific but will make a final decision on the LRT 1 Cavite project once it sees the final bid terms

ONE MORE TIME. The Ayala group may join the next bidding for the LRT-1 Cavite extension if the terms are right. Photo courtesy of the PPP Center

SSS sells Fort property for P2.33B

Oct 08, 2013 - 5:40 PM

Clark Quay Holdings wins bid for the 8 300 sqm prime property of state run Social Security System in Bonifacio Global City

Power projects to sustain Ayala's growth

Oct 04, 2013 - 11:23 AM

Philippines oldest conglomerate is banking on yields its power projects would contribute to its earnings in 2014

MWSS rate cut order weighs down PSEi

Sep 12, 2013 - 4:28 PM

The main index and the share prices of companies that have stakes in water utility services all went down after the water rate cut is announced

LRT-1 Cavite extension bidding 'a failure'

Aug 29, 2013 - 12:55 PM

The transportation department will rebid the rail project in the 4th quarter

A FAILURE. The government says bidding for LRT-1 Cavite extension failed. The project will be bid out again in the next quarter. Photo courtesy of the PPP Center

SMIC, Ayala, Jollibee share buy back plans

Aug 29, 2013 - 7:57 AM

Blue chips SMIC and Ayala Corp have no plans to buy back their shares despite recent steep drop in the stock market but Jollibee is considering it

Ayala may re-join LRT-1 Cavite bid

Aug 29, 2013 - 7:35 AM

This after the firm withdrew its participation in the bidding leaving its partner MPIC to bid for the P60 billion project

LRT-1 Cavite extension bidding failed?

Aug 16, 2013 - 9:05 AM

DOTC Usec Jose Lotilla says the lone bidder the Pangilinan led Light Rail Manila Consortium submitted an unacceptable proposal

MVP group lone bidder for LRT-1 extension

Aug 15, 2013 - 3:29 PM

Three other prequalified groups withdraw from the race for the country s largest PPP

LONE BIDDER. Only Light Rail Manila Consortium of Pangilinan-led MPIC submitted bid proposal to the LRT-1 Cavite Extension Project. Photo courtesy of the PPP Center

Tan, Zobel, Ty firms post higher profits

Aug 14, 2013 - 7:53 AM

Conglomerates owned by 3 of the 50 richest people in the Philippines based on a Forbes list post double digit profit growth rates in January to June 2013

Ayala energy unit gets P7-B loan for Calaca plant expansion

Jul 02, 2013 - 1:08 PM

South Luzon Thermal Energy a joint venture between the Ayala and Phinma groups will expand the Calaca plant s capacity to 270 MW from 135 MW

7 PH firms among ‘investor favorites’ in SE Asia

Jun 28, 2013 - 2:45 AM

SMIC Ayala Corp San Miguel are among the 8 Philippine firms that global investors consider their favorites according to a poll

Ayala Land enters hospital business

Jun 24, 2013 - 7:00 PM

Property giant Ayala Land Inc is looking at adding healthcare facilities to its mixed use property development projects

HEALTHCARE. Property giant Ayala Land is looking to venture in the healthcare business. Photo by Ayala Land

How to handle a crisis like Ayala's, Gokongwei's

Jun 13, 2013 - 6:34 AM

7 tips on crisis management: What Ayala Land and Cebu Pacific did right and wrong in the Serendra and Davao airport incidents

Ayala raises P3-B for infra, power projects

May 30, 2013 - 1:27 PM

Ayala sells 5 18 million common shares from its treasury at a 3 discount to its market closing price

This photo shows the proposed LRT-1 project that will extend the existing 20.7-kilometer line southwards to Bacoor, Cavite. Photo courtesy of the Public-Private Partnership Center

Ayala BPO unit acquires UK company

Apr 22, 2013 - 4:51 PM

Stream Global the investee arm of Ayala Corp ’s BPO unit LiveIt acquires UK based LBM Holdings Limited

Ayala to spend $1-B for energy, infra projects

Apr 22, 2013 - 8:44 AM

Of the 1 billion budget Ayala Corp has up to 2016 about 700 million are allotted for energy projects

AYALA BROTHERS. Jaime Augusto and Fernando Zobel de Ayala at the annual stockholders meeting of Ayala Corp. on April 19, 2013. Photo by Lala Rimando

Ayala to offer 6 Volkswagen models by end-2013

Apr 20, 2013 - 5:00 PM

Price points and where the units of the German carmaker will be sourced are still being sorted out

Ayala Land, Alcantara to develop Davao property

Mar 22, 2013 - 10:11 AM

The project will have residential and commercial condominiums as well as retail component

NEW PROJECT. Ayala Land Inc. ties up with the Alcantara group for the development a property in Davao City. This photo shows construction at one of the projects of the real estate giant in Taguig City. Photo courtesy of AFP

Ayala Corp ends 2012 with over P10-B profit, up 12%

Mar 11, 2013 - 3:07 PM

Growth is driven by robust real estate banking and water operations

PROFITABLE. Philippine business giant Ayala Corp. announced a 19% rise in net profit for the first 9 months of 2012, citing strong performance of business units. Photo from AFP

Globe signs $75-M loan to fund modernization

Mar 07, 2013 - 5:18 PM

This is part of fund raising for its ongoing network modernization and transformation program

Logo from G$75 MILLION LOAN. Globe Telecoms looks to fund capital expenditures. Photo from Globe Telecom's Facebook pagelobe Telecom's Facebook page

Aboitiz group welcomes relaxed Mactan-Cebu airport bid rules

Feb 13, 2013 - 2:40 PM

Company President and CEO Erramon Aboitiz says the government s decision to relax the rules does not affect them

Ayala Land unit to retail power

Feb 08, 2013 - 9:04 AM

A unit of Ayala Land Inc will soon engage in supply electricity to Ayala owned and managed malls office buildings business process outsourcing BPO hotels and affiliates in Luzon Visayas and Mindanao

Gokongwei group to appeal DOTC’s Mactan-Cebu airport decision

Jan 17, 2013 - 4:53 PM

JG Summit Holdings to appeal DOTC s decision to block companies with previous interests in the aviation industry from bidding for the multi billion peso Mactan Cebu airport expansion contract

INFOGRAPHIC: Top power players in the Philippines

Jan 16, 2013 - 4:41 PM

San Miguel leads the biggest privately controlled power producers in the country

Ayala Land mulls reviving Pasig River ferry service

Jan 13, 2013 - 11:17 AM

Ayala Land is looking at re introducing ferry services and assist in rehabilitating the Pasig River to provide access to its new development project the Circuit Makati

INFOGRAPHIC: A merry Filipino Christmas

Jan 06, 2013 - 7:55 AM

The Christmas season is the busiest and most lucrative holiday season in the Philippines

YEARENDER: 12 big business stories in 2012

Dec 31, 2012 - 5:51 PM

This list shows how the movers and shakers took advantage of opportunities and navigated the risks how political leaders showed grim determination and how intertwined the players in both business and politics are

Ayala, Aboitiz partner with US firm for Mactan airport bid

Dec 07, 2012 - 11:55 AM

The Ayala and Aboitiz business groups have added ADC HAS Airports Inc a US based company in their consortium that will vie for the P17 5 billion international airport terminal project in Mactan Cebu

Ayala, Sy companies win PSE corporate governance awards

Dec 03, 2012 - 7:21 PM

Listed companies of the Ayala and the Sy business groups dominated the corporate governance awards of the stock exchange

Ayala, MVP, Gaisano groups seal deal for Cebu water supply

Nov 18, 2012 - 3:50 PM

The Cebu Bulk Water Supply Project is is expected to provide 35 million liters per day of bulk water and address the deteriorating groundwater condition in the island province

Ayala Corp 9-month profits rise 19% to P8.7 billion

Nov 13, 2012 - 3:40 PM

The country s oldest conglomerate Ayala Corp netted an P8 7 billion income in the first 9 months of 2012 reflecting a 19 increase from a year ago on the back of robust earnings of its business units

MRT-3 saga continues: Gov't may want MVP out

Oct 22, 2012 - 11:14 PM

The government is about to make up its mind on how to proceed with the ownership issue hounding efforts to improve and expand the Metro Rail Transit line 3 MRT 3

Ayala hikes BPI stake to 44%

Oct 12, 2012 - 11:19 AM

The P25 6 billion deal to buy 10 4 of BPI from DBS group reflects Ayala s confidence in the growth potential of the bank amid the anticipated expansion of the Philippine economy says the conglomerate s president and COO Fernando Zobel de Ayala

JAZA: Credibility key to PH's sustainable growth

Sep 23, 2012 - 3:16 PM

Jaime Augusto Zobel de Ayala chair and CEO of Ayala Corp says the Philippines has started to regain credibility among the international community a major factor to help sustain its economic growth

New power player: Ayala Corp to spend $2.5-B on plants

Aug 30, 2012 - 6:42 PM

Ayala Corp is planning to build at least 1 000 megawatts of power generation capacity in the next 5 years making the country s oldest conglomerate a key player in the capital intensive sector

Ayala Corp H1 profit up 23% on strong core businesses

Aug 10, 2012 - 6:33 PM

The company s real estate banking and water distribution units drive growth