Tag: Ayala Corp.

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Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

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Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company. 

Ayala Corp. secures ‘A minus’ rating from JCR

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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

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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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AboitizPower, KHNP sign MOU exploring nuclear energy cooperation in Philippines

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Aboitiz Power Corporation (AboitizPower) and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) signed a Memorandum of Understanding (MOU) on July 31 at KHNP’s headquarters in Gyeongju, South Korea, to explore cooperation on nuclear energy technologies and their possible use in the Philippines.

Coca-Cola weighs sugar tax hike amid pricing, demand concerns

Economy 0
Coca-Cola Europacific Aboitiz Philippines (CCEAP) is assessing the impact of a proposed sharp increase in excise taxes on sugar-sweetened beverages, as the industry braces for a measure that could reshape pricing, consumer demand, and product strategies across the beverage market.

BIR expands VAT-free medicines to lower healthcare costs

Education, Health & Science 0
The Bureau of Internal Revenue (BIR) has expanded the list of value-added tax (VAT)-exempt medicines to 2,277 products, broadening tax relief for patients with chronic and life-threatening illnesses as the government seeks to make essential healthcare more affordable.

Boracay Water bolsters El Niño response to secure island’s water supply

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Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.

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