Tag: Ayala Land

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Telecom, energy units weigh down Ayala 1Q earnings

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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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IMF flags legal, cyber risks in digital peso push

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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

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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

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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

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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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