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    Tag: Ayala Corp.

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    Ayala Corp. secures ‘A minus’ rating from JCR

    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.

    A.P. Moller Capital to acquire 40% stake in Ayala’s AC Logistics

    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.

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    DOE eyes ports ready for offshore wind by 2027

    The Department of Energy (DOE) says two of three priority ports identified for offshore wind (OSW) development could be ready for use by early 2027.

    DOTr extends train services for Christmas season rush

    The Department of Transportation announced Monday that the LRT-2 will extend its operating hours from December 9 to 30 to accommodate late-night commuters during the holiday rush, following President Ferdinand Marcos Jr.’s directive to keep rail lines open longer this Christmas season. 

    Gasoline prices to rise by P1.20 per liter on Tuesday

    Motorists will pay more for gasoline starting Tuesday, as major fuel retailers raise pump prices by P1.20 per liter.

    SEC proposes tiered public ownership rules for IPOs

    The Securities and Exchange Commission (SEC) is proposing a new tiered system for minimum public ownership (MPO) requirements for companies planning to go public.

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