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    Tag: Ayala Land

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    Telecom, energy units weigh down Ayala 1Q earnings

    Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.

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

    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. 

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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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