Category: Conglomerates

What the Ayala-Razon deal on Manila Water means

Two of the richest Filipino families just announced a water deal that is suspect for its timing. One is at the bitter end of Duterte’s tirades against the business elite, the other an ally.
Richest Filipino congressman now owns majority of Philippine AirAsia

Philippines’ richest congressman Michael “Mikee” Romero is now the majority owner of the local affiliate of budget airline AirAsia. Romero’s stake in the Philippine AirAsia was raised to 44.5%, higher than Malaysian AirAsia founder Tony Fernandes and partner’s 40%. Romero acquired the AirAsia Philippines stakes of Ambassador Fred Yao and Maan Hontiveros. Romero, Yao, Hontiveros…
Jon Ramon Aboitiz, a proud Cebuano who doesn’t fall in love with business

Jon Ramon Aboitiz, 70, was a pillar in one of the wealthiest, most enduring, and aggressively expanding conglomerates in the Philippines
Ayala has most family members named ‘Management Man of the Year’

FERNANDO ZOBEL DE AYALA is Management Man of the Year 2018, the Management Association of the Philippines (MAP) announced today. This makes the Zobel de Ayalas the family with most members (three) in this elite list. Previous to Fernando, his father Jaime and brother Jaime Augusto, or JAZA, were separately featured as “Management Man of…
Who are the most generous employers of them all?

P98 million to P2.1 million was the range of average executive pay the most valuable listed firms paid each of their top executives in 2017
Dennis Uy on business and politics: What’s next won’t be what was

Businessman Dennis Uy, a close friend of President Rodrigo Duterte, delivers a speech on being a disruptor
2018 Forbes Billionaires: Henry Sy is now richer than Elon Musk; Manuel Villar doubles his wealth

Henry Sy, the only Filipino in Forbes’ annual list of Top 100 world dollar-billionaires, is richer than Elon Musk who is half his age.