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News and Events

Ayalas and Aboitizes Want to Design and Develop PH's National ID System

Project will collect, store, maintain, manage and authenticate identity information of Filipino adults

Companies belonging to two of the country’s largest family-owned conglomerates have teamed up to submit an unsolicited proposal to design and develop the country’s national identification system.In separate disclosures to the Philippine Stock Exchange (PSE) on Tuesday, August 14, Ayala Corporation (AC) ...

by Pauline Macaraeg  | August 14, 2018 03:00:00
News and Events

Christmas in July: Who's Getting a Bulk of Php2.1-B Dividend that Ayala Corp is Paying Out?

The country's longest-existing business house was scheduled to distribute dividends on July 22

The peso may be falling and the stock market outlook remains under a cloud after the benchmark Philippine Stock Exchange Index (PSEi) turned bearish in early July amid global and domestic uncertainties.However, shareholders of listed Ayala Corp., the country’s longest-standing business group ...

by Pauline Macaraeg  | July 23, 2018 08:00:00
News and Events

Do You Ride the LRT-1? Here's How Much Fares Will Likely Go Up Soon

Light Rail Manila Corp. sets public consultation on July 11 for its proposed hike in ticket prices

The company operating the Light Rail Transit Line 1 (LRT-1) is proposing a fare hike averaging about 14 percent to 15 percent, a published announcement revealed on Wednesday, June 27.In a notice published on BusinessWorld newspaper, the Light Rail Manila Corp. (LRMC), ...

by Elyssa Christine Lopez  | June 26, 2018 03:00:00
News and Events

Contractor Vows Oct 2018 Start for Prep Works on LRT-1 Project That Will Cut Bacoor-Baclaran Travel to 30 Minutes

That compares to one-and-a-half hours travel time at present

The private-sector consortium carrying out the project to extend the Light Rail Transit Line 1 (LRT-1) to Cavite province south of Metro Manila has vowed to start pre-construction preparations by October 2018. It hopes to begin on-site construction works by early next ...

by Elyssa Christine Lopez  | June 18, 2018 07:00:00
News and Events

More Exclusive Than Billionaire Ranking: Only 6 PH Conglomerates In This Year's Forbes Global 2000 List

Two Filipino holding companies failed to return to the list of world’s leading firms

Six Philippine companies were included in the latest Global 2000, a list of the world’s largest public companies compiled by business magazine Forbes.That’s two less than the eight companies that made it last year, and just half of the 12 Filipinos who ...

by Lorenzo Kyle Subido  | June 08, 2018 01:00:00
News and Events

How Much Pay Did Top Officers of Ayala, San Miguel, Meralco, Other Listed Firms Get in 2017?

Check out the average compensation of top 4 to 6 officers of the 25 biggest listed firms by market capitalization

We all know that top executives of the country’s biggest companies are paid hefty sums of money in compensation that probably exceed tens of millions of pesos. But it’s quite hard to find out exactly how much they’re actually getting.Unless you’re the ...

by Pauline Macaraeg  | May 29, 2018 01:00:00
News and Events

Meet the Richest Filipino Women

These women own big businesses like the PH's largest supermarket chain and the most popular noodle brand

Business magazine Forbes’ annual listing of the Philippines’ 50 richest tycoons has always been dominated by men, with just handful of women present. In this infographic timed for International Women’s Day this year, we take a closer look at the women who ...

by Lorenzo Kyle Subido  | March 08, 2018 09:00:00
Run & Grow

Financial Adviser: 5 Blue Chip Stocks Investors Can Buy During Stock Market Fall

Despite the supposed "crash," there's no reason to get out of the market yet

The stock market has lost as much as 400 points so far this week after the US market plummeted by more than 1,700 points in two days on fears of rising interest rates. The Philippine Stock Exchange (PSE) Index has already lost 7.5 ...

by Henry Ong  | February 06, 2018 04:00:00
News and Events

Ayala Corp. CEO Reflects on the Role of Business Amid the Rise of Populism and Retreat of Globalization

Jaime Augusto Zobel de Ayala’s new year message to the group published January 18

Subheadings added by Entrepreneur PhilippinesWelcome to the start of 2018 and I hope you have all had the chance to get some rest in the company of family and friends. A big thank you, upfront, for working to ensure the continued growth ...

by Jaime Augusto Zobel de Ayala  | January 22, 2018 04:00:00
News and Events

Rich Listers Ayalas and Yuchengcos in Talks to Merge Mapua University, Malayan Colleges and APEC Schools

Discussions aim to finalize terms and conditions of consolidation by end of first quarter 2018

Two of the country’s richest school owners, the Ayala and Yuchengco families, are teaming up to merge their education units and create what could be one of the most innovative and technologically savvy school networks in the country.In a disclosure to the ...

by Elyssa Christine Lopez  | January 09, 2018 06:00:00
News and Events

Duterte Praises the Zobel de Ayalas and Aboitizes as Responsible Business Owners

Though often critical of the elite, the president asks where would Davao and Makati be without the two wealthy families

President Rodrigo R. Duterte praised the enterprising families of the Zobel de Ayalas and the Aboitizes, two of the wealthiest families controlling sizeable portions of the economy, in a speech last November 18 in Davao City.The president spoke at the launch of ...

by Pauline Macaraeg  | November 22, 2017 10:00:00
News and Events

Sys, Zobels Retain Spots in Asia’s 50 Richest Families but Aboitizes Leave Exclusive List

The 50 Asian families who made the list have a combined net worth of $700 billion

Two Filipino clans made it to the list of Asia’s 50 Richest Families, which was released by business magazine Forbes earlier this week.The Sys ranked ninth in the list with a net worth of $20.1 billion, a 63.4-percent increase from $12.3 billion ...

by Lorenzo Kyle Subido  | November 16, 2017 11:00:00
News and Events

Which of PH’s Largest Conglomerates are Active in the ASEAN Region?

Half of the country’s 10 biggest holding firms have a sizeable Southeast Asian footprint

While the primary focus of almost all companies is to establish and solidify their footprint in the home market, many see the importance of international expansion in the growth of their businesses. By tapping new markets and engaging with a wider audience, ...

by Lorenzo Kyle Subido  | November 13, 2017 09:00:00
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