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Savings from CREATE tax cuts to be re-invested back to the economy: business leaders

Warren de Guzman, ABS-CBN News
Posted at Feb 17 10:59 PM

The country's top businessmen said the passage of a bill that will cut corporate taxes from 30 percent to 25 percent will attract not just foreign investors, but also re-investments from big local firms. Read more »

Ayala Corp chair sees full economic recovery by fourth quarter of 2022

Bruce Rodriguez, ABS-CBN News
Posted at Jan 22 07:01 PM

Ayala Corp Chairman Jaime Augusto Zobel de Ayala, one of the country's top business leaders, said Friday the Philippine economy will likely recover to pre-pandemic levels by the fourth quarter of 2022. Read more »

On Instagram: The big shots of Philippine business and politics, and the watches they wear

ANCX Staff
Updated as of Jan 21 09:49 PM

We’ve found ourselves a watchspotter. Read more »

Zobel brothers to assume new leadership roles in Ayala Corp.

ABS-CBN News
Posted at Dec 17 11:25 AM

Ayala Corp. on Thursday announced a leadership transition within the conglomerate, with Jaime Augusto Zobel de Ayala focusing on his role as Chairman, and brother Fernando Zobel de Ayala to assume President and CEO of the group effective April 2021.   Read more »

Ayala Corp chief sees uneven economic recovery, continuing pain for MSMEs in 2021

ABS-CBN News
Posted at Dec 01 03:04 PM

The head of Ayala Corp on Tuesday said the country’s recovery from the disruptions of the COVID-19 pandemic will likely be uneven, with big companies quickly bouncing back while smaller businesses continuing to face challenges.  Read more »

'Bazooka, not a pistol': PH billionaires say more govt stimulus needed to revive economy

Warren de Guzman, ABS-CBN News
Updated as of Nov 23 03:25 PM

Philippine billionaires on Monday said more government stimulus is needed to revive the pandemic-battered economy, which slipped deeper into recession following an 11.5 percent contraction in the third quarter. Read more »

‘Cooperation than competition’, ‘esprit de corps’: How Zobel steered the Ayala group amid COVID-19

ABS-CBN News
Posted at Oct 03 06:00 AM

Ayala Corporation chairman & CEO Jaime Augusto Zobel de Ayala recently participated in an online panel on “Corporate Social Responsibility Revisited” last September 10 arranged by The University of Chicago Booth School of Business. Zobel shared his thoughts on the private sector’s evolving responsibility towards society, its shareholders and employees especially amid the pandemic.   Read more »

Ayala chief: Malls should provide more services to tenants

ABS-CBN News
Updated as of Sep 09 06:58 PM

Jaime Augusto Zobel de Ayala, CEO of AC, said that mall operators need to adapt to challenges posed by the COVID-19 crisis.  Read more »

Ayala's Zobel says embrace science and tech for 'better, more resilient normal'

ABS-CBN News
Updated as of Jul 10 01:26 PM

Embracing science and technology will be key to a "better and more resilient normal" said Ayala Corp chairman and CEO Jaime Augusto Zobel de Ayala, as the world reels from the socio-economic impact of the pandemic. Read more »

Ayala group pays P9.86 billion taxes ahead of deadline to aid PH's virus response

ABS-CBN News
Posted at May 18 05:10 PM

Ayala Corp, Ayala Land, Bank of the Philippine Islands, Globe Telecommunications, AC Energy and Manila Water Corp paid a total of P9,858,293,348 of taxes, the group said in a statement. Read more »

Pangulong Rodrigo Duterte, humingi ng sorry kay Pangilinan at sa mga Ayala

ABS-CBN News
Posted at May 05 08:57 PM

Pinasalamatan din ng Pangulo ang mga negosyante dahil sa pagtulong nila sa panahon ng COVID-19 pandemic. Read more »

Duterte open to 'explore out-of-court settlement' with Pangilinan, Ayalas: Palace

Arianne Merez, ABS-CBN News
Posted at May 05 03:54 PM

Presidential Spokesman Harry Roque said Duterte is willing to discuss government concerns on the businesses of the tycoons, particularly on water concession contracts. Read more »

Ayala Corp consolidates energy, water, transport, logistics businesses

ABS-CBN News
Posted at Apr 20 08:33 AM

Ayala Corp said Monday it was consolidating its energy, water, transport and logistics businesses to take a "more significant" stake in Philippine infrastructure. Read more »

Ayala to give P2.4-billion relief package to employees, partners amid COVID-19 Luzon lockdown

ABS-CBN News
Posted at Mar 17 06:52 PM

The relief package is meant to benefit workers who are largely on a no-work-no-pay type of employment, Ayala said.  Read more »

Business tycoons assure support to gov't, public amid enhanced community quarantine

ABS-CBN News
Posted at Mar 17 12:13 AM

Philippine business tycoons expressed their support to the government and assured uninterrupted service to the public as the country faces the threat of the coronavirus diseases 2019 (COVID-19). Read more »

Ayala Corp posts P35.3 billion profit in 2019, up 11 percent

ABS-CBN News
Posted at Mar 12 04:58 PM

Ayala Corp's net income grew 11 percent to P35.3 billion last year as divestment gains and the strong performance of its real estate, banking and telecoms businesses made up for the slowdown in its water and industrial units.  Read more »

Ayala Corp dodges 'major' coronavirus impact, Zobel says

ABS-CBN News
Updated as of Mar 05 01:03 PM

The government has been handling the outbreak "well" so far, said Ayala Corp Chairman Jaime Augusto Zobel de Ayala. Ayala Corp includes Bank of the Philippine Islands, Globe Telecom, Ayala Land and Manila Water among others. Read more »

Zobel says 'everything is calm' as Manila Water dialogues with gov't

ABS-CBN News
Posted at Mar 05 12:18 PM

Manila Water recently took in port magnate Enrique Razon as an investor. The head of International Container Terminal Services Inc bought a 25-percent stake for P10.7 billion and secured a 51-percent voting interest.  Read more »

Billionaire Razon buys 25 percent of Ayala's Manila Water

ABS-CBN News
Updated as of Feb 03 10:12 AM

Ayala Corp said it would retain a 38.6-percent stake in Manila Water, which supplies water to the Philippine capital's east zone. Razon-led Prime Metroline Holdings will form a company, Trident Water, for the transaction. Read more »

LOOK: Ayala Land unveils Gallery of Lights

Jonathan Cellona, ABS-CBN News
Posted at Nov 13 01:18 AM

As Christmas approaches, Ayala Land unveiled its famous lights and sounds show at the Ayala Triangle Gardens in Makati. Read more »