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Ayala wins prized Swiss plum

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AYALA Corp. president and COO Fernando Zobel de Ayala (right) received the IMD-Lombard Odier Family Business Award with Beatriz Urquijo Zobel de Ayala and Inaki Suarez de Puga

Ayala Corp., the storied conglomerate that was built up by its founding families to become one of the Philippines’ largest business groups of the last 180 years, is this year’s recipient of the prestigious IMD-Lombard Odier Global Family Business Award.

Posted: October 19th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Global wealth soars to $263 trillion, as inequality swells–study

Wealthy family

Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also become increasingly unequal, a Credit Suisse report said Tuesday.

Posted: October 15th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Poverty rate stubborn in rich Switzerland

An aerial view of the Congress Center in Davos, Switzerland, Tuesday, Jan. 22, 2013. The world's political and business elite gathered in the snow-covered resort of Davos on for the annual meeting of the World Economic Forum.  AP PHOTO/MICHEL EULER

Switzerland may be one of the world’s richest nations but as many as one resident in 13 lives in poverty, official data showed on Tuesday.

Posted: July 16th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Swiss gov’t moves to boost trade ties with booming PH

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The Swiss government sees the Philippines as a strategic and important artner in its diversification strategy, which will see the European country further boosting its trade and investments in the country, being identified as one of the leading emerging markets in Asia.

Posted: July 15th, 2014 in Headlines | Read More »

Swiss firms to check investment prospects in PH

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A high-level government delegation from Switzerland, along with a number of Swiss companies, is set to arrive in the country on July 14, to explore potential economic cooperation projects that could boost trade and investment ties between the two countries.

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

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