Tag: Ayala Land

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Ayala Land affiliate donates land for Laguna civic hub

An affiliate of Ayala Land Inc. has formalized plans for a new civic hub in Laguna, advancing efforts to expand institutional infrastructure in southern Luzon’s fast-growing corridor.

Ayala Land approves P10B share buyback

Ayala Land Inc., the property development arm of the Ayala Group, said its Executive Committee has approved a share buyback program of up to P10.0 billion, signaling confidence in its long-term value while providing near-term support to its stock.

Ayala pushes growth, spending, earnings skyward

Capital discipline and strategic investments drove Ayala Corp.’s performance last year, with the listed conglomerate spending P92.9 billion on expansions across residential, leasing, hospitality, and estate development. The outlay underscores the group’s confidence in long-term growth even amid market volatility.

Ayala Land completes P3.7B AREIT sale

Ayala Land Inc., the flagship real estate developer of the Ayala Group, has successfully sold 88 million common shares of AREIT, Inc. at P42 per share, raising P3.7 billion before fees and taxes. 

BCDA weighs new Market!Market! lease amid transit-oriented development 

The Bases Conversion and Development Authority (BCDA) is evaluating the possible renewal of Ayala Land’s lease over Market!Market! ahead of its 2027 expiration, as plans for a large-scale, transit-oriented development (TOD) in Bonifacio Global City (BGC) gain momentum alongside the Metro Manila Subway Project.

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IMF flags legal, cyber risks in digital peso push

The International Monetary Fund (IMF) has urged the Bangko Sentral ng Pilipinas (BSP) to strengthen its legal, operational, and cybersecurity foundations as it advances plans to explore a wholesale central bank digital currency (wCBDC), highlighting the growing complexity of building next-generation financial infrastructure.

US crab ban threatens key export lifeline

The Philippines' blue swimming crab industry is facing a major threat to one of its most important export markets, prompting exporters to call for urgent government intervention before a looming US import restriction takes effect.

Eala turns Birmingham grass into familiar turf

The grass courts of Birmingham can be slippery places, full of awkward bounces and shortened rallies that punish hesitation. A year ago, Alex Eala found little comfort there, exiting early and leaving with more questions than answers.

Foreign currency reserves stand at US$104 billion in May; remains strong buffer for economy

The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.

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