EXCLUSIVE: Ayala will grab last space in power industry - Zobel

Posted at Apr 19 2011 10:40 AM | Updated as of Apr 19 2011 06:44 PM

MANILA, Philippines - Jaime Augusto Zobel de Ayala, Chairman of Ayala Corp., speaks to ANC Business Correspondent Coco Alcuaz on Globe competing with new Telecoms powerhouse of PLDT-DIGITEL, and Ayala Corp.'s plans in Power and PPP.

Zobel says Globe is used to competing against larger market players, noting that it started out in a similar position. On Power, Zobel says government is actually structuring the industry to encourage new players to come in and flourish. On PPP, Zobel says they are studying their options. Business Nightly, ANC, April 18, 2011

Business Nightly airs on ANC at 9 p.m. weeknights.