About Lala Rimando

I’m a business journalist focused on explaining wealth — how it is made, lost, destroyed, turned over to the next generation.

26Jan 202218 Feb 2022

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How Villar gained what the Lopezes lost in ABS-CBN

While we were sleeping, Filipino dollar-billionaire Manny Villar earned the right to (temporarily) use the channels that once belonged to…

26Apr 202118 Feb 2022

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JAZA on mentor Xavier Loinaz: An extraordinary influence to Ayala group

During the April 2021 virtual annual stockholders meeting of Ayala Corporation, outgoing CEO Jaime Augusto Zobel de Ayala pays tribute…

21Apr 202118 Feb 2022

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Cuisia: Henry Sy Sr’s legacy lives on in his children

Jose Cuisia is among the few to have formed a friendship with the tycoon Henry Sy Sr, once the country’s…

Governance…

Manila lockdown: the upside and lowdown

13 Mar 202013 Mar 2020

What is it like to be isolated? As Manila prepares to be locked down for 30 days, many of the 12 million city dwellers are panicking, hoarding groceries, tuning in…

Business and economy…

Let’s break down the Manila Water deal between Ayala and Razon groups

7 Feb 20209 Mar 2020

Check out this piece I wrote on the first deal announcement: WHAT THE AYALA-RAZON DEAL ON MANILA WATER MEANS I also wrote an explainer for Esquire after the succeeding announcements:…

Business and economy…

What the Ayala-Razon deal on Manila Water means

3 Feb 20203 Feb 2020

Philippines’ oldest conglomerate, the Ayala group, and international ports and casino tycoon Enrique Razon announce their partnership (38%, 25%) in Manila Water, an Ayala-controlled business now in political hot water.…

Governance…

The day Philippines became the most dangerous place on the planet to be a journalist

20 Dec 201920 Dec 2019

November 23, 2009 started as a typical Monday. But it wasn't meant to be. At the end of that day, the Philippines would then be marked as the deadliest place…

Journalism…

The full story of why I yoga

17 Sep 201919 Jul 2020

I'm taking the spotlight off my usual subjects — the business elite — and sending some attention toward me. This is not for vanity, or because I crave for attention…

Conglomerates…

Richest Filipino congressman now owns majority of Philippine AirAsia

3 Jun 201917 Feb 2022

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…

Career…

Central bank gov Nestor Espenilla Jr, my kindred spirit gone too soon

24 Feb 201924 Feb 2019

“How do you keep yourself physically healthy? You’ll have a high- pressure, gruelling job, and your predecessors have had health issues. How do you assure us that you are also…

philippines…

Jumping into the (un)known

14 Jan 201929 Jan 2019

My heart is pounding. I look down into the abyss and begin counting. One. Two. Three….I hesitate to jump. I count again. One, two…Pause. One, two…. I am taking forever…

Business and economy…

Jon Ramon Aboitiz, a proud Cebuano who doesn’t fall in love with business

1 Dec 20187 Feb 2020

At an annual shareholders’ meeting of Aboitiz Equity Ventures in Makati, I asked a friend to introduce me to the company chair, Jon Ramon Melendez Aboitiz. I wanted a sit-down…

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