Conglomerate Ayala Corporation has earned an A minus (A-) rating from the Japan Credit Rating Agency Ltd. (JCR) for its inaugural long-term foreign currency debt sale, the company said on Monday. The rating, which aligns with the Philippine sovereign rating, will significantly improve Ayala's access to yen-denominated loans, providing more favorable borrowing terms for its growth initiatives.
Danish investment firm A.P. Moller Capital, through its EMIF II Holding III B.V. entity, has entered into an agreement to acquire up to a 40 percent economic stake in AC Logistics, a subsidiary of Ayala Corporation.
Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.
East West Banking Corp., the country’s 11th largest lender by assets, capped 2025 with a 21 percent jump in net income to P9.2 billion, powered by robust core revenues, double-digit fee growth and tighter cost discipline, underscoring the bank’s expanding earnings engine in a competitive market.
Rafael Fernandez de Mesa likes to open with a joke. In another life, he says, he might have been the first Rafa people talked about. Instead, that distinction belongs to Rafael Nadal. Fernandez de Mesa found his arena elsewhere, trading baseline rallies for balance sheets.