Tag: Ayala Land

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Mandarin Hotel to reopen as Ayala pushes Makati revival

Ayala Land Hospitality is pressing ahead with the long-awaited opening of Mandarin Oriental Makati this year, choosing momentum over hesitation as tourist arrivals in 2025 continue to fall short of expectations.

Portfolio gains boost Ayala net income by 36%

Ayala Corp., the diversified investment holding company of the Ayala Group, posted a 36 percent jump in net income to up P46.3 billion in the first nine months of 2025, boosted by one-off gains from the revaluation of AC Ventures following Mitsubishi’s acquisition of a 50 percent stake. 

Ayala Land unit to infuse P19.5B in assets into AREIT via swap

Ayala Land Inc. said the board of its listed real estate investment trust, AREIT Inc., has approved the issuance of 441.1 million common shares...

Ayala expands P20B buyback to shares of units

Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

ABS-CBN signs deed of sale of QC property to Ayala Land

ABS-CBN Corp., an entertainment company, said Wednesday that it has signed the absolute deed of sale for a portion of its broadcast facility in...

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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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