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Ayala sees P20-B profit by 2016

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Ayala Corp. chair Jaime Augusto Zobel de Ayala

The country’s oldest conglomerate, Ayala Corp., sees its annual consolidated net income breaching the P20-billion mark by 2016 alongside its diversification into new businesses such as power and transport infrastructure.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Ayala raises $300M via equity-linked bonds

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Fernando Zobel de Ayala . INQUIRER FILE PHOTO

Ayala Corp. has raised $300 million from the sale to institutional investors of low-yielding bonds that investors can exchange for shares of property unit Ayala Land Inc.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Biz Buzz: Ayala @ 180

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As an enthralling prologue to “Inside Ayala,” a book published by the storied Filipino conglomerate in celebration of its 180th anniversary, Ayala Corp. chair emeritus Don Jaime Zobel de Ayala—handwritten in classic script using the traditional fountain pen— wrote a four-page message that’s both a memoir and a call for the future generation of leaders within the group to further build on the rich legacy.

Posted: April 9th, 2014 in Headlines | Read More »

Ayala group celebrates 180th anniversary

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Ayala y Compañia set up office on Echague Street in Quiapo, Manila

In the office of Ayala Corp. chair Jaime Augusto Zobel de Ayala at Tower One in Makati City are a framed photograph of the old Ayala y Cia building on Echague Street in Manila, portraits of his great-aunt Mercedes Zobel and her husband Joseph McMicking and a framed map of what Hacienda Makati looked like long before the group got into real estate development.

Posted: April 7th, 2014 in Featured Gallery,Inquirer Features,Latest Business Stories,Photos & Videos | Read More »

Ayala group celebrates 180th anniversary

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AYALA’S present-day headquarters at Tower One and Exchange Plaza is at the heart of the bustling business, commercial, and financial district that it developed beginning 1948.

In the office of Ayala Corp. chair Jaime Augusto Zobel de Ayala at Tower One in Makati City are a framed photograph of the old Ayala y Cia building on Echague Street in Manila, portraits of his great-aunt Mercedes Zobel and her husband Joseph McMicking and a framed map of what Hacienda Makati looked like long before the group got into real estate development.

Posted: April 7th, 2014 in Headlines | Read More »

Ayala, Metro Pacific ink deal with DOTC

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A consortium made up of Ayala Corp. and Metro Pacific Investments Corp. signed Monday the concession agreement for the P1.72-billion automated fare collection system (AFCS) public private partnership project – the first for the Department of Transportation and Communications – after winning the deal two months ago.

Posted: April 1st, 2014 in Editor's Pick,Headlines | Read More »

Manila Water prepares for Asean integration

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THE AYALA group’s water distribution arm, Manila Water Co., headed by president and CEO Gerardo C. Ablaza Jr. (seated, second from left), bagged the Institute of Corporate Directors’ Platinum Award for Corporate Governance in 2011.

It’s 2014 and listed Philippine companies have just a year left to prepare for the planned integration of the capital markets within the Association of Southeast Asian Nations.

Posted: March 10th, 2014 in Headlines,Inquirer Features | Read More »

Finance, PRA heads at odds over Pasay reclamation

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AFP FILE PHOTO

The Department of Finance has stepped into the row between the SM and Ayala conglomerates over the proposed 300-hectare Manila Bay reclamation project approved late last year by the Pasay City government.

Posted: January 26th, 2014 in Editor's Pick,Headlines | Read More »

Ayalas, Aboitizes to start 15-ha city center in Cebu

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The Ayala and Aboitiz groups have signed a deal to develop a 15-hectare city center in Subangdaku, Mandaue City in Metropolitan Cebu, solidifying their partnership in the property business.

Posted: January 26th, 2014 in Editor's Pick,Headlines | Read More »

BPI targets P20-B ’14 profit

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Ayala-led Bank of the Philippine Islands expects net profit this year to climb to a new record high of P20.21 billion, about a tenth higher than the expected bottom line of P18.4 billion for 2013.

Posted: January 5th, 2014 in Headlines | Read More »

‘Just business’

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If business is war, then the leaders of the Ayala and SM groups are fierce rivals in the field of battle.

Posted: December 15th, 2013 in Editor's Pick,Headlines | Read More »

Biz Buzz: Will it be Ayala or SM?

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An anticipated annual shareholders’ meeting of the Ortigas clan’s flagship holding firm, OCLP Holdings, may push through Friday in an event that could tip the balance of power within the company’s board in favor of Zobel-led Ayala Land Inc. over rival SM Investments, led by the country’s richest man Henry Sy.

Posted: July 17th, 2013 in Editor's Pick,Headlines | Read More »

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