Monday, March 16, 2020

in the news: AC/AYALA CORPORATION


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16 MAR 2020
Ayala income down by 24% as water and electronics businesses take a hit
https://businessmirror.com.ph/2020/03/13/ayala-income-down-by-24-as-water-and-electronics-businesses-take-a-hit/

17 FEB 2020
LRT-1 operator starts counting cost of virus
https://www.bworldonline.com/lrt-1-operator-starts-counting-cost-of-virus/


17 JAN 2020
AC Health acquisition of Healthway PH done
https://www.manilatimes.net/2020/01/16/business/companies/ac-health-acquisition-of-healthway-ph-done/674873/



13 JAN 2020
Ayala mobilizes relief efforts amid Taal eruption
https://business.inquirer.net/287017/ayala-mobilizes-relief-efforts-amid-taal-eruption



18 NOV 2019
Ayala to benefit from Myanmar investment
https://www.manilatimes.net/2019/11/18/business/stock-watch/ayala-to-benefit-from-myanmar-investment/656750/



30 OCT 2019
4 conglomerates keen on Sangley airport bid
https://businessmirror.com.ph/2019/10/30/4-conglomerates-keen-on-sangley-airport-bid/



19 OCT 2019
LRMC invests P8.7 billion to upgrade LRT Line 1 system
http://manilastandard.net/business/transport-tourism/307773/lrmc-invests-p8-7-billion-to-upgrade-lrt-line-1-system.html



18 OCT 2019
FamilyDOC ready to open biggest clinic
http://manilastandard.net/business/corporate/307672/familydoc-ready-to-open-biggest-clinic.html


12 SEPT 2019
Winner of 1,200 MW supply deal out on Friday
https://www.manilatimes.net/2019/09/12/business/companies/winner-of-1200-mw-supply-deal-out-on-friday/614923/



12 SEPT 2019
NAIA Consortium not worried over Bulacan Airport project
https://news.abs-cbn.com/business/09/11/19/naia-consortium-not-worried-over-bulacan-airport-project



11 SEPT 2019
AC Energy eyes more RE projects
https://businessmirror.com.ph/2019/09/11/ac-energy-eyes-more-re-projects/


10 SEPT 2019
SMC, Ayala top power supply bids
http://manilastandard.net/business/power-technology/304528/smc-ayala-top-power-supply-bids.html



26 JUL 2019
Ayalas divest interest in Lanao coal project
https://www.bilyonaryo.com.ph/2019/07/26/ayalas-divest-interest-in-lanao-coal-project/



23 JUL 2019
Zalora PHL targeting 50% annual sales growth
https://www.bworldonline.com/zalora-phl-targeting-50-annual-sales-growth/



05 JUL 2019
AC Health increases Generika stake
https://www.bworldonline.com/ac-health-increases-generika-stake/



26 JUN 2019
Ayala completes deal for Phinma Energy stake
https://www.bworldonline.com/ayala-completes-deal-for-phinma-energy-stake/



21 JUN 2019
Manila Water inks deal with weather data provider
https://www.bworldonline.com/manila-water-inks-deal-with-weather-data-provider/



12 JUN 2019
Ayala invests in US medtech firm
https://www.bworldonline.com/ayala-invests-in-us-medtech-firm/



08 JUN 2019
Ayala bullish on new vehicle venture
https://business.inquirer.net/272137/ayala-bullish-on-new-vehicle-venture



05 JUN 2019
AC Energy completes Vietnam solar project
https://www.philstar.com/business/2019/06/05/1923638/ac-energy-completes-vietnam-solar-project



05 JUN 2019
LRMC completes repair of LRT 1 infrastructure
https://businessmirror.com.ph/2019/06/05/lrmc-completes-repair-of-lrt-1-infrastructure/



05 JUN 2019
Ayala’s higher stake in Generika gets PCC OK
https://www.bworldonline.com/ayalas-higher-stake-in-generika-gets-pcc-ok/



05 MAY 2019
Duterte's China pivot transforms Philippines' oldest conglomerate
https://asia.nikkei.com/Business/Company-in-focus/Duterte-s-China-pivot-transforms-Philippines-oldest-conglomerate



23 MAY 2019
AC buys back P3B of its shares from Mitsubishi
https://www.bworldonline.com/ac-buys-back-p3b-of-its-shares-from-mitsubishi/



12 MAY 2019
Property, telco units push Ayala Q1 profit 5% higher
https://www.bworldonline.com/property-telco-units-push-ayala-q1-profit-5-higher/



09 MAY 2019
Ayala to spend P2B for cancer hospital
https://www.bworldonline.com/ayala-to-spend-p2b-for-cancer-hospital/



08 MAY 2019
Construction of LRT-1 Cavite extension gets under way; partial operations by 2021
https://www.bworldonline.com/construction-of-lrt-1-cavite-extension-gets-under-way-partial-operations-by-2021/


07 MAY 2019
AC Energy, partner to start building Vietnam wind farm
https://www.bworldonline.com/ac-energy-partner-to-start-building-vietnam-wind-farm/



03 MAY 2019
Kickstart Ventures, Inc. to manage new  $150M venture capital fund of Ayala Corp.
Read more: https://business.inquirer.net/269721/kickstart-ventures-inc-to-manage-new-150m-venture-capital-fund-of-ayala-corp#ixzz5mqmo2pqI
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30 APR 2019
AC Energy to start Vietnam wind projects in 2020
https://www.bworldonline.com/ac-energy-to-start-vietnam-wind-projects-in-2020/



29 APR 2019
Ayala formalizes entry into Vietnam with launch of solar power plant
https://www.bworldonline.com/ayala-formalizes-entry-into-vietnam-with-launch-of-solar-power-plant/



26 APR 2019
AC Education-iPeople to complete merger in May
https://www.bworldonline.com/ac-education-ipeople-to-complete-merger-in-may/



24 APR 2019
Ayala on track to post P50-billion profit
http://manilastandard.net/business/corporate/293050/ayala-on-track-to-post-p50-billion-profit.html



02 APR 2019
KTM motorcycle dealerships to grow in 2019
https://www.philstar.com/business/2019/04/02/1906436/ktm-motorcycle-dealerships-grow-2019



30 MAR 2019
AC Energy coal-fired plant named ‘energy project of national significance’
https://businessmirror.com.ph/2019/03/29/ac-energy-coal-fired-plant-named-energy-project-of-national-significance/



24 MAR 2019
Asian opportunities
https://www.strategy-business.com/article/Asian-opportunities



14 MAR 2019
Ayala health raises stake in Generika Group
https://news.abs-cbn.com/business/03/14/19/ayala-health-raises-stake-in-generika-group



14 MAR 2019
Ayala Corp.’s income increases 5% to P31.8b
http://manilastandard.net/business/corporate/289984/ayala-corp-s-income-increases-5-to-p31-8b.html



14 MAR 2019
AC Industrials takes control of German firm
https://www.bworldonline.com/ac-industrials-takes-control-of-german-firm/


11 FEB 2019
Ayala unit to begin work on Australian solar project
http://manilastandard.net/business/corporate/287486/ayala-unit-to-begin-work-on-australian-solar-project.html



02 FEB 2019
AC Energy raises $410 million from 'green bonds' to fund expansion
https://news.abs-cbn.com/business/02/01/19/ac-energy-raises-410-million-from-green-bonds-to-fund-expansion



11 JAN 2019
AC Health to boost expansion of FamilyDoc clinics
https://www.bworldonline.com/ac-health-to-boost-expansion-of-familydoc-clinics/



10 JAN 2019
Ayala acquires Phinma Energy
https://www.bworldonline.com/ayala-acquires-phinma-energy/



18 DEC 2018
Zobel brothers aren’t retiring (yet)
https://www.philstar.com/business/2018/12/18/1877828/zobel-brothers-arent-retiring-yet



18 DEC 2018
Ayala targets to sell over 10,000 Kia vehicles in 2019
https://www.bworldonline.com/ayala-targets-to-sell-over-10000-kia-vehicles-in-2019/



12 DEC 2018
Ayala Group focusing on four business areas with ‘tremendous’ growth potential
https://www.bworldonline.com/ayala-group-focusing-on-four-business-areas-with-tremendous-growth-potential/



10 DEC 2018
Ayala wants to become bigger RE player in Phl
Read more at https://www.philstar.com/business/2018/12/10/1875625/ayala-wants-become-bigger-re-player-phl#JQLm9dvCuuemxS9i.99



07 DEC 2018
Kia taps Ayala Corp for Philippines relaunch
https://news.abs-cbn.com/business/12/05/18/kia-taps-ayala-corp-for-philippines-relaunch



11 NOV 2018
AC Energy invests in renewable energy company The Blue Circle
http://edge.pse.com.ph/openDiscViewer.do?edge_no=81ef86024a88e52443ca035510b6ec2b#sthash.UNxw0XLy.dpbs



23 OCT 2018
Ayala invests P1B in logistics business
https://www.bworldonline.com/ayala-invests-p1b-in-logistics-business/



16 OCT 2018
Zalora bullish as more Filipinos shop online
https://www.bworldonline.com/zalora-bullish-as-more-filipinos-shop-online/



15 OCT 2018
AC Energy inks $83-million EPC contract for development of solar farms in Vietnam
https://www.bworldonline.com/ac-energy-inks-83-million-epc-contract-for-development-of-solar-farms-in-vietnam/



04 OCT 2018
Work on LRT Cavite extension to start by Q1
https://www.bworldonline.com/work-on-lrt-cavite-extension-to-start-by-q1/



02 OCT 2018
Ayala to introduce Maxus vehicles in PHL
https://www.bworldonline.com/ayala-to-introduce-maxus-vehicles-in-phl/



02 OCT 2018
Yuchengco, Ayala groups approve merger of education businesses
https://www.bworldonline.com/yuchengco-ayala-groups-approve-merger-of-education-businesses/



01 OCT 2018
Ayala Corp. (AC)
https://www.bworldonline.com/ayala-corp-ac/



22 SEPT 2018
Generika Drugstore eyes more outlets amid price pressures
https://news.abs-cbn.com/business/09/21/18/generika-drugstore-eyes-more-outlets-amid-price-pressures



18 SEPT 2018
AC expects delivery platform to boost logistics business
http://www.bworldonline.com/ac-expects-delivery-platform-to-boost-logistics-business/



14 SEPT 2018
NAIA consortium’s P102-B proposal gains ground
http://www.bworldonline.com/naia-consortiums-p102-b-proposal-gains-ground/



14 SEPT 2018
Ayala infra arm eyes more projects after NAIA
https://news.abs-cbn.com/business/09/13/18/ayala-infra-arm-eyes-more-projects-after-naiarojects after NAIA


10 SEPT 2018
Ayala unit allots P700m for logistics operations
http://www.thestandard.com.ph/business/corporate/275106/ayala-unit-allots-p700m-for-logistics-operations.html



07 SEPT 2018
Ayala Corp. CEO senses ‘growing impatience’ with PHL gridlocks
http://www.bworldonline.com/ayala-corp-ceo-senses-growing-impatience-with-phl-gridlocks/



06 SEPT 2018
NAIA consortium says proposed terminal fee hike is not a ‘gov’t guarantee’
http://www.bworldonline.com/naia-consortium-says-proposed-terminal-fee-hike-is-not-a-govt-guarantee/



01 SEPT 2018
AC Infra, Zalora unit in logistics investment tieup
http://www.bworldonline.com/ac-infra-zalora-unit-in-logistics-investment-tieup/



31 AUG 2018
LRMC to push through with Cavite extension despite fare hike delay
http://www.bworldonline.com/lrmc-to-push-through-with-cavite-extension-despite-fare-hike-delay/



14 AUG 2018
Ayala-Aboitiz consortium bids for national ID system
https://www.rappler.com/business/209536-ayala-aboitiz-consortium-bids-for-national-id



14 AUG 2018
AC Energy inks construction, financing deals to expand solar farm in Vietnam
http://www.bworldonline.com/ac-energy-inks-construction-financing-deals-to-expand-solar-farm-in-vietnam/



14 AUG 2018
Ayala Corp. nets P16.1B
http://business.inquirer.net/255576/ayala-corp-nets-16-1b



07 AUG 2018
NAIA Consortium gets original proponent status
http://news.abs-cbn.com/business/08/06/18/naia-consortium-gets-original-proponent-status



06 AUG 2018
NAIA consortium says SWS survey shows Filipinos still prefer NAIA
http://www.bworldonline.com/naia-consortium-says-sws-survey-shows-filipinos-still-prefer-naia/



01 AUG 2018
AC Energy looking at more renewable energy ventures
Read more at https://www.philstar.com/business/2018/08/01/1838471/ac-energy-looking-more-renewable-energy-ventures#K9Hr47oyXqxsYIkH.99



18 JUL 2018
DoTr recommends to MIAA award of OPS to NAIA rehab consortium
http://bworldonline.com/dotr-recommends-to-miaa-award-of-ops-to-naia-rehab-consortium/



13 JUL 2018
LRMC pushes for LRT-1 fare hike
http://bworldonline.com/lrmc-pushes-for-lrt-1-fare-hike/



29 JUN 2018
AC Energy mulls joint venture for Vietnam wind farm project
Read more at https://www.philstar.com/business/2018/06/29/1828786/ac-energy-mulls-joint-venture-vietnam-wind-farm-project#XGEuS0F1eleckjbm.99



11 JUN 2018
DoTr to decide on MPIC-Ayala’s MRT takeover by yearend
http://bworldonline.com/dotr-to-decide-on-mpic-ayalas-mrt-takeover-by-yearend/



23 MAY 2018
Ayala debuts into Australia’s renewable energy space
http://business.inquirer.net/251300/ayala-debuts-australias-renewable-energy-space



21 MAY 2018
Ayala eyes partial sale of thermal energy business
http://bworldonline.com/ayala-eyes-partial-sale-of-thermal-energy-business/



17 MAY 2018
AC Energy on track to build capacity to 2,000 megawatts
http://news.abs-cbn.com/business/05/16/18/ac-energy-on-track-to-build-capacity-to-2000-megawatts



12 MAY 2018
Ayala Q1 profits hit P7.7B
http://bworldonline.com/ayala-q1-profits-hit-p7-7b/



07 MAY 2018
Ayala Group to acquire 65% of Columbian Autocar
Read more at https://www.philstar.com/business/2018/05/07/1812722/ayala-group-acquire-65-columbian-autocar#sUVlvrtaGtYUIDA5.99



23 APR 2018
Ayala mulls more projects in transport infrastructure
http://bworldonline.com/ayala-mulls-more-projects-in-transport-infrastructure/



21 APR 2018
AC venture unit to target emerging, disruptive technologies
http://bworldonline.com/ac-venture-unit-to-target-emerging-disruptive-technologies/



16 APR 2018
Ayala-led Merlin to produce solar panels in Laguna by end-2018
http://bworldonline.com/ayala-led-merlin-to-produce-solar-panels-in-laguna-by-end-2018/



10 APR 2018AC
Energy to finalize funding for another overseas solar project
https://businessmirror.com.ph/ac-energy-to-finalize-funding-for-another-overseas-solar-project/



06 APR 2018
AC Energy eyes power portfolio topping 5 GW
https://businessmirror.com.ph/ac-energy-eyes-power-portfolio-topping-5-gw/



20 MAR 2018
AF Payments partners with digital wallet app
http://bworldonline.com/af-payments-partners-with-digital-wallet-app/



13 MAR 2018
Ayala to spend record P249B for capex in 2018
http://bworldonline.com/ayala-spend-record-p249b-capex-2018/



12 MAR 2018
Ayala nets P30B
http://business.inquirer.net/247540/ayala-nets-p30b



27 FEB 2018
Ayala unit takes control of US-based Merlin Solar
http://bworldonline.com/ayala-unit-takes-control-us-based-merlin-solar/



20 FEB 2018
Ayala-led Manila Water acquires stake in Thailand-based firm East Water
http://bworldonline.com/ayala-led-manila-water-acquires-stake-in-thailand-based-firm-east-water/



14 FEB 2018
Ayala unit ventures into fulfillment solutions
http://www.manilatimes.net/ayala-unit-ventures-fulfillment-solutions/380056/




13 FEB 2018
AC Energy expects to hit 2,000 MW target early
Read more at https://beta.philstar.com/business/2018/02/13/1787241/ac-energy-expects-hit-2000-mw-target-early#yd7DbsTBxxFm4pib.99



07 FEB 2018
LRMC to add more LRT-1 trains
http://bworldonline.com/lrmc-add-lrt-1-trains/



05 FEB 2018
Ayala group eyes stake in monorail project
http://business.inquirer.net/245367/ayala-group-eyes-stake-monorail-project



24 JAN 2018
AC Energy partners with BIM Group to develop over 300MW of solar power in Vietnam
http://edge.pse.com.ph/openDiscViewer.do?edge_no=6053ff294a98d2f643ca035510b6ec2b




23 JAN 2018
AC Energy sees consistent earnings growth from wind, geothermal fields
http://www.philstar.com/business/2018/01/23/1780358/ac-energy-sees-consistent-earnings-growth-wind-geothermal-fields



22 JAN 2018
AC Energy eyes 150-MW diesel power plant in Rizal
http://www.philstar.com/business/2018/01/22/1780030/ac-energy-eyes-150-mw-diesel-power-plant-rizal



19 JAN 2018
Ayala restructures energy business
http://edge.pse.com.ph/openDiscViewer.do?edge_no=5e6f1a0f8a7696a543ca035510b6ec2b#sthash.VQi5uYWV.dpbs



08 JAN 2018
JOINT PRESS STATEMENT BY THE HOUSE OF INVESTMENTS AND AYALA CORPORATION REGARDING THE PROPOSED MERGER OF THEIR EDUCATION GROUPS
http://edge.pse.com.ph/openDiscViewer.do?edge_no=67c3099a9d8e8bab43ca035510b6ec2b#sthash.a2TIQKTC.dpbs



21 DEC 2017
AC Energy inks Citicore deal
http://bworldonline.com/ac-energy-inks-citicore-deal/



06 DEC 2017
7 firms eye 'super consortium' for NAIA modernization
http://news.abs-cbn.com/business/12/05/17/7-firms-eye-super-consortium-for-naia-modernization



01 DEC 2017
Ayala Corp Industrials eyes renewable energy
http://www.philstar.com/business/2017/12/01/1764014/ayala-corp-industrials-eyes-renewable-energy



28 NOV 2017
552-MW Mindanao coal facility to open next year
http://www.thestandard.com.ph/business/csr-mining/252686/552-mw-mindanao-coal-facility-to-open-next-year.html



24 NOV 2017
AC Energy partners with UK firm to power Tawi-Tawi
http://www.philstar.com/business/2017/11/24/1761815/ac-energy-partners-uk-firm-power-tawi-tawi



24 NOV 2017
PCC clears AC Energy acquisition of Islabio
http://bworldonline.com/pcc-clears-ac-energy-acquisition-islabio/




14 NOV 2017
Ayala Corp eyes Myanmar, Eastern Europe for expansion
http://news.abs-cbn.com/business/11/13/17/ayala-corp-eyes-myanmar-eastern-europe-for-expansion



11 NOV 2017
Ayala group’s 9-month bottom line jumps 18% to P23.2B
http://business.inquirer.net/240532/ayala-groups-9-month-bottom-line-jumps-18-p23-2b


06 NOV 2017
Ayala group to start exporting motorcycles to China, Thailand
http://bworldonline.com/ayala-group-start-exporting-motorcycles-china-thailand/



24 OCT 2017
AC Energy says Indonesia wind farm to operate by Q1
http://bworldonline.com/ac-energy-says-indonesia-wind-farm-operate-q1/



09 OCT 2017
Ayala on the lookout for more health care investments
http://bworldonline.com/ayala-lookout-health-care-investments/



08 OCT 2017
Ayala grows corporate farming venture
http://www.philstar.com/business/2017/10/08/1746462/ayala-grows-corporate-farming-venture



28 SEPT 2017
Ayala completes acquisition of minority stake in Mynt
http://bworldonline.com/ayala-completes-acquisition-minority-stake-mynt/



11 SEPT 2017
AC Energy keeps focus on Indonesia, Vietnam
http://bworldonline.com/ac-energy-keeps-focus-indonesia-vietnam/



08 SEPT 2017
Ayala Corp. marks return to dollar bond market
http://bworldonline.com/ayala-corp-marks-return-dollar-bond-market/



04 SEPT 2017
Light Rail Manila proposes express trains on LRT-1
http://bworldonline.com/light-rail-manila-proposes-express-trains-lrt-1/



01 SEPT 2017
MPIC-Ayala eyes MRT-3 takeover in 6 months
http://www.philstar.com/business/2017/09/01/1734532/mpic-ayala-eyes-mrt-3-takeover-6-months



01 SEPT 2017
Ayala completes deal to acquire Zalora stake
http://bworldonline.com/ayala-completes-deal-acquire-zalora-stake/



25 AUG 2017
Ayala, GE invest P1.3B to open 100 clinics by 2020
http://bworldonline.com/ayala-ge-invest-p1-3b-open-100-clinics-2020/



14 AUG 2017
Ayala Corp net income up 9.1% to P15.1 billion in 1st half of 2017
http://www.rappler.com/business/178616-ayala-corporation-net-income-h1-2017



14 AUG 2017
Ayala looks to partner with MPIC for MRT-3 rehab
http://bworldonline.com/ayala-looks-partner-mpic-mrt-3-rehab/




25 JUL 2017
AC Energy sells Chevron assets to Sy Group
http://www.philstar.com/business/2017/07/25/1721075/ac-energy-sells-chevron-assets-sy-group



25 JUL 2017
AC Energy broadens Indonesia footprint
http://www.bworldonline.com/content.php?section=Corporate&title=ac-energy-broadens-indonesia-footpri
nt&id=148739



24 JUL 2017
LRT-1 passes audit for ISO certifications
http://www.bworldonline.com/content.php?section=Corporate&title=lrt-1-passes-audit-for-iso-certifications&id=148658



07 JUL 2017



27 JUN 2017
Ayala Corp. mulling P30-B in debt securities
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-corp.-mulling-p30-b-in-debt-securities&id=147213



07 JUN 2017
Ayala-KTM joint venture plans to export locally manufactured units to China
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-ktm-joint-venture-plans-to-export-locally-manufactured-units-to-china&id=146341



05 JUN 2017
Ayala unit buys German auto supplier MT Misslbeck
Read more: http://business.inquirer.net/230777/ayala-unit-buys-german-auto-supplier-mt-misslbeck#ixzz4j71NY6my
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook




01 JUN 2017
LRMC plan to add LRT-1 trips seen to reduce commuters’ waiting time
http://www.bworldonline.com/content.php?section=Corporate&title=lrmc-plan-to-add-lrt-1-trips-seen-to-reduce-commuters&8217-waiting-time&id=146066



31 MAY 2017
Manila Water optimistic on growth prospects
http://www.philstar.com/business/2017/05/31/1705117/manila-water-optimistic-growth-prospects



22 MAY 2017
AC Energy bullish on Indonesia
http://www.bworldonline.com/content.php?section=Corporate&title=ac-energy-bullish-on-indonesia&id=145504



20 MAY 2017
DTI in talks with Ayala Group for Go Lokal store branches
http://www.philstar.com/business/2017/05/19/1701268/dti-talks-ayala-group-go-lokal-store-branches




11 MAY 2017
Ayala Corp. nets P6.9B
https://business.inquirer.net/229298/ayala-corp-nets-p6-9b




04 MAY 2017
After delays, work starts at LRT1 Cavite extension
https://business.inquirer.net/228779/delays-work-starts-lrt1-cavite-extension



03 MAY 2017
Ayala fully redeems P10B in maturing bonds
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-fully-redeems-p10b-in-maturing-bonds&id=144577




25 APR 2017
AC Energy to add capacity at Pagudpud wind farm
http://www.bworldonline.com/content.php?section=Corporate&title=ac-energy-to-add-capacity-at-pagudpud-wind-farm&id=144143




04 APR 2017
Ayala completes deal for Chevron’s geothermal assets in Indonesia
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-completes-deal-for-chevrons-geothermal-assets-in-indonesia&id=143210



03 APR 2017
Ayala Group still interested in NAIA rehab project
http://www.philstar.com/business/2017/04/03/1687013/ayala-group-still-interested-naia-rehab-project



01 APR 2017
Ayala, SM propose Sta Mesa to MOA expressway
http://news.abs-cbn.com/business/03/31/17/ayala-sm-propose-sta-mesa-to-moa-expressway



29 MAR 2017
AYC Holdings transfers ownership in Integrated Micro-Electronics to AC Industrials
http://edge.pse.com.ph/openDiscViewer.do?edge_no=29871f9dde55f7153318251c9257320d#sthash.H15z9hkR.dpbs



23 MAR 2017
Ayala power unit eyes Vietnam in regional push
http://news.abs-cbn.com/business/03/22/17/ayala-power-unit-eyes-vietnam-in-regional-push



20 MAR 2017
Ayala readies proposal for gov’t infra projects
http://www.philstar.com/business/2017/03/20/1682720/ayala-readies-proposal-govt-infra-projects



18 MAR 2017
Ayala Energy to buy 2 clean energy firms
http://news.abs-cbn.com/business/03/17/17/ayala-energy-to-buy-2-clean-energy-firms



17 MAR 2017
AF Payments says three million ‘beep’ cards now in circulation in PHL
http://www.bworldonline.com/content.php?section=Corporate&title=af-payments-says-three-million-&145beep&8217-cards-now-in-circulation-in-phl&id=142332



16 MAR 2017

Ayala’s startups

A long time ago, before the era of Wi-Fi and smartphones, the country’s oldest business house Ayala Corp. created a new business unit called i-Ayala to foster innovation, and invest in dotcom and tech companies. The group forked out some P1 billion then, but hardly benefited from the investment.
The foray into technology then was deemed ahead of its time.  The internet was just picking up in the Philippines and tech investing didn’t have the benefit of hindsight then.

About two decades after, the Ayala group is again building up its investments in technology and is now keen on providing financial muscle to startup companies that offer anything cutting edge or potentially disruptive (outside of Globe Telecom’s Kickstart Ventures). Reflecting its reenvigorated appetite for tech investing, Ayala recently announced its pioneering entry into e-commerce focused on the ePharmacy (MedGrocer), inclusive financial technology (GCash and Fuse Lending operator Mynt) and online retailing (Zalora).

Ayala has so far invested $50 million to $100 million in potentially disruptive businesses.

Ayala also bought a minority stake in a startup company in Silicon Valley that has developed “proven” technology to enhance efficiency of solar panels.  To date, this is a small company but with a big laboratory and production lines. “The economics of solar is moving in the right direction which we believe is going to be the  solution to many energy problems,” Ayala Corp. managing director Rene Almendras said.

Due to a confidentiality clause, Ayala can’t disclose the name of the solar technology firm. Anyhow, the investment is deemed “too small” relative to Ayala’s total portfolio to compel any disclosure of material info.

Ayala Corp. chief finance officer Teodoro Limcaoco stressed that the group had no carte blanche mandate to buy into just any startup.  He said Ayala would be open to investing in startups that offer synergy with the group’s existing business and those that bring something disruptive or innovative to the industries the group was in.  “We also have to believe in the founder’s vision and credentials,” added Paolo Borromeo, Ayala group head of corporate strategy.

“That shows you how we are evolving at the Ayala Corp. level. We’re willing to invest seed funding now to new starups whereas before, we were always hesitant to these things,” Borromeo said. “We’re bolder but still deliberate,” Almendras added. — DORIS DUMLAO-ABADILLA

Read more: http://business.inquirer.net/226153/bizbuzz-anticompetitive-port-buyout-redux#ixzz4bRU28uMw
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14 MAR 2017
Ayala posts 17% hike in 2016 profit
http://www.philstar.com/business/2017/03/14/1680773/ayala-posts-17-hike-2016-profit



03 MAR 2017
Zalora targets offline shoppers with Ayala Malls boost
http://news.abs-cbn.com/business/03/02/17/zalora-targets-offline-shoppers-with-ayala-malls-boost



24 FEB 2017
Bullish Ayala earmarks P185B for capex
http://www.bworldonline.com/content.php?section=Corporate&title=bullish-ayala-earmarks-p185b-for-capex&id=141201



23 FEB 2017
Ayala buys 49% of Zalora PH
http://business.inquirer.net/225067/ayala-corp-buys-43-3-zalora-ph



17 FEB 2017
Ayala revives bid to enter car mfg
http://www.philstar.com/business/2017/02/17/1672889/ayala-revives-bid-enter-car-mfg




10 FEB 2017
Ayala expands into health care with MedGrocer investment
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-expands-into-health-care-with-medgrocer-investment&id=140436



07 FEB 2017
LRT-1 Cavite extension project expected to break ground within Q1
http://www.bworldonline.com/content.php?section=Corporate&title=lrt-1-cavite-extension-project-expected-to-break-ground-within-q1&id=140229



06 FEB 2017
ACEI stays bullish on Volkswagen sales in country this year
http://www.businessmirror.com.ph/acei-stays-bullish-on-volkswagen-sales-in-country-this-year/



26 JAN 2017
Ayala group mulls infrastructure projects as it prepares NAIA bid
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-group-mulls-infrastructure-projects-as-it-prepares-naia-bid&id=139648



21 JAN 2017
Ayala spending about P174 B for various projects
http://www.philstar.com/business/2017/01/21/1664480/ayala-spending-about-p174-b-various-projects



20 JAN 2017
AC Energy eyes P7.489-billion RE investment deal in Indonesia
http://www.businessmirror.com.ph/ac-energy-eyes-p7-489-billion-re-investment-deal-in-indonesia/



20 JAN 2017
Ayala looking to retain capital spending budget
http://www.bworldonline.com/content.php?section=Corporate&title=ayala-looking-to-retain-capital-spending-budget&id=139361



18 JAN 2017
BoI green-lights Ayala’s motorcycle manufacturing unit
http://www.bworldonline.com/content.php?section=Corporate&title=boi-green-lights-ayala&8217s-motorcycle-manufacturing-unit&id=139258



11 JAN 2017
Ayala Invests in Indonesia Wind Farm Project
http://edge.pse.com.ph/openDiscViewer.do?edge_no=fdd4cb31d96e92743318251c9257320d#sthash.RhpyJ4Ew.dpbs



09 JAN 2017
AF Payments eyes more beep card partnerships
http://www.bworldonline.com/content.php?section=Corporate&title=af-payments-eyes-more-beep-card-partnerships&id=138752



04 JAN 2017
Ayala exits hydro-power business
https://business.inquirer.net/222409/ayala-exits-hydro-power-business




23 DEC 2016

Indonesia, Philippine groups acquire Chevron's $3 billion geothermal assets




20 DEC 2016
Ayala unit sells 15 pct stake in SLTEC
http://news.abs-cbn.com/business/12/20/16/ayala-unit-sells-15-pct-stake-in-sltec