Category: News

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MANILA – As the Philippines evolved into the fastest growing eCommerce market in ASEAN, Ayala-backed omnichannel solutions provider etaily thrives in an industry projected to be worth USD 300 billion by 2025. 

Out of 650 small companies and startups evaluated by Forbes Asia, etaily is among the 100 organizations that address “real-world challenges with fresh thinking and innovative products and services.” Forbes Asia evaluated each company based on the positive impact on the region or industry, track record of strong revenue growth or ability to attract funding, and promising business models or markets. 

Founded in 2020 by a powerhouse team of digital experts, etaily is a one-stop digital solutions provider that makes omnichannel e-commerce easy, fast, and flexible in an increasingly competitive market. It works on mobile application and online store development, customer analytics, inventory management, and warehousing and fulfillment solutions for online transactions. 

“Being featured in Forbes Asia’s 100 to Watch is an incredible feat that wouldn’t be possible without the etaily team. This recognition embodies one of our core values – One Team. It is a testament to each member’s hard work and will push us further to continue our goal to build and enable both local and global brands in the eCommerce landscape,” said etaily Chief Executive Officer Alexander Friedhoff. 

According to the Philippines’ e-commerce roadmap, the e-commerce sector could contribute P1.2 trillion to the economy. Friedhoff said etaily will continue strengthening its presence in the Philippines and other parts of the ASEAN region.   

“We are proud to share that we produced excellent outcomes with our partner brands this year. We’ve launched Southeast Asia’s 1st instant commerce marketplace with Ayala, deployed the Philippines’ 1st hyperlocal multi-warehousing solution, and continuously helped our partner brands become category leaders during monthly sales campaigns of the top eCommerce platforms. We’re excited to enable and grow with them further,” Friedhoff said. 

Ayala Corporation, together with Ayala Malls, acquired a 15 percent stake in etaily in 2021, as part of the Ayala group’s strategy to gear up tech businesses for scale and profitability. This year, etaily reported its revenue growth has increased eightfold. 

“We congratulate the etaily team for the milestones they have achieved. We’re very happy to see that they are continuously expanding their presence in the region,” said Albert de Larrazabal, Ayala Corporation’s Chief Finance Officer, Chief Risk Officer, and Chief Sustainability Officer. “We’re grateful for the chance to support high-potential startups that do not only add value to our portfolio but also share our purpose of doing things for the greater good.” 

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MANILA — Ayala Corporation and its core businesses Ayala Land, Globe, and BPI continue to exhibit strong Environmental, Social and Governance (ESG) practices, as assessed by London-based FTSE4GOOD Index Series.

Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.

Ayala Corporation has been a constituent of the FTSE4GOOD Index Series since 2016. Globe and Ayala Land have been in the list for seven consecutive years, while BPI was named constituent since 2020.

FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. The criteria are developed using an extensive market consultation process and are approved by an independent committee of experts. A broad range of stakeholders, including NGOs, governmental bodies, consultants, academics, the investment community and the corporate sector, help shape the criteria.

Ayala Corporation’s Chief Finance Officer, Chief Risk Officer, and Chief Sustainability Officer Albert de Larrazabal said the group’s consistent inclusion in FTSE4Good Index Series shows Ayala’s strong adherence to globally recognized ESG standards.

“We are quite honored to be consistently included in the FTSE4GOOD Index Series, which supports investors who wish to encourage positive change in corporate behavior and align their portfolios with their values,” Larrazabal said.

“Ayala’s holistic view of ESG practices is instilled in our companies. When you invest in Ayala, you are investing for the greater good—and you are assured of long-term value for your investment,” he added.

Ayala Corporation is among the 65 companies, investor groups, and professional accounting firms that endorsed a joint statement calling for a global baseline for reporting sustainability-related information.

This call to action seeks to provide a comprehensive global baseline of sustainability disclosures needed by capital markets, including investors who allocate capital internationally, companies who operate and raise capital across national borders, and the accounting profession that serves all consumers of corporate reporting.

Ayala and its core business units are signatories to the Taskforce on Climate-related Financial Disclosures and are currently working to implement the 11 recommended disclosures in the pillars of governance, strategy, risk management, and metrics & targets.      

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Rhys Buccat  Brand and Reputation Management Ayala Corporation  

MANILA — Ayala Corporation joins 64 companies, investor groups, and professional accounting firms around the world in endorsing a joint statement that calls for a global baseline for reporting sustainability-related information.

Developed jointly by the World Business Council for Sustainable Development (WBCSD), the Principles for Responsible Investment (PRI), and the International Federation of Accountants (IFAC), this call to action seeks to provide a comprehensive global baseline of sustainability disclosures needed by capital markets, including investors who allocate capital internationally, companies who operate and raise capital across national borders, and the accounting profession that serves all consumers of corporate reporting.

“At Ayala, we have always adhered to the highest level of transparency. Hence, we express our strong support to the call for a globally compatible set of sustainability reporting standards as well as a coordination mechanism that allows stakeholders to understand the value these standards bring in driving growth for the greater good,” said Albert de Larrazabal, Ayala Corporation’s Chief Finance Officer, Chief Risk Officer, and Chief Sustainability Officer.

Ayala Corporation is the first and only WBCSD member-conglomerate in the Philippines. Ayala and its core business units are signatories to the Taskforce on Climate-related Financial Disclosures and are currently working to implement the 11 recommended disclosures in the pillars of governance, strategy, risk management, and metrics & targets.

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August 30, 2022, MANILA – Ayala Corporation’s fully owned subsidiary, AC Logistics Holdings Corporation (AC Logistics), and Mr. Alberto D. Lina (ADL) reached financial close for the acquisition by AC Logistics of a 60% interest in AIR21 Holdings, Inc. (AHI). AHI has controlling interests in eight operating companies that include Airfreight 2100 Inc., Air 2100 Inc., U-Freight Philippines Inc., U-Ocean Inc., Cargohaus Inc., LGC Logistics Inc., Waste & Resources Management Inc., and Integrated Waste Management Inc. (AIR21 Group).

In November 2021, AC Logistics and ADL signed the Investment Agreement which governed the terms of the acquisition, subject to satisfaction of certain conditions precedent. On August 30, 2022, the parties concluded the transaction by signing the closing documents.

Ayala’s logistics journey started in 2018 when it launched Entrego Fulfillment Solutions, Inc. Since then, it has expanded from last mile delivery to domestic freight forwarding, contract logistics, and warehouse operations. This initial foray in logistics led Ayala Corporation to further expand its presence in the logistics sector. The acquisition of AHI provides the Ayala Group with a more robust capability to provide logistics services across the entire supply chain, including door-to-door express delivery, multiple types of warehouse operations, management, and digitization, international and domestic freight forwarding, and waste management services.

“AC Logistics is a realization of Ayala’s commitment to create shared value with our stakeholders. I have full confidence that the vision we created together with Mr. Lina will come to life through our teams’ shared experiences and unique expertise.” said Rene Almendras, President and CEO of AC Logistics.

The addition of the AIR21 Group to the AC Logistics portfolio, together with Entrego, creates synergies that can potentially generate greater operational efficiency and more efficient asset utilization. The combination of their respective capabilities puts the Ayala Group in a better position to provide technology driven end-to-end logistics services that can help address some of the challenges related to pharma and healthcare aides access, food preservation, and proper waste management.

Backed by AIR21 Group’s decades of comprehensive experience in logistics and Ayala’s proven leadership and management expertise, AC Logistics takes a strong stance in providing customers with effective and sustainable end-to-end logistics services across the value chain.

“From our decades of service excellence in the logistics industry, the Lina Group has nurtured a family of talented and resilient experts who are committed to deliver delight to our loyal customers. We are extremely excited to partner with the AC Logistics team to grow to greater heights in the future,” said Alberto D. Lina, Chairman of AIR21 Holdings Inc.

AC Logistics was supported by its advisors BPI Capital Corporation, Villaraza & Angangco (V&A Law), and KPMG; AIR21 Group was supported by its advisor Fortman Cline Capital Markets Limited (FCCM).

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For more information:

RHYS BUCCAT Brand and Reputation Management Ayala Corporation e-mail – publicaffairs@ayala.com

NASH SUDARIO Associate, Corporate Communications & Sustainability AC Logistics e-mail – sudario.jnt@acinfra.com.ph

Manila – On August 24, 2022, the Philippines’ first dedicated specialty cancer hospital, Healthway Cancer Care Center (HCCC), an AC Health company, formally entered into a value partnership with Siemens Healthineers, the leading provider in healthcare systems.

The 100-bed cancer facility within the ARCA South development is gearing towards its opening in mid-2023 with the construction of the building underway. Once completed, it will be the first comprehensive cancer specialty hospital in the country, where end-to-end oncology services can be availed by patients. This partnership with Siemens Healthineers, through providing technical expertise and technologies in diagnostic and therapeutic imaging, further strengthens the cancer hospital’s vision of providing quality, accessible and affordable cancer services to a broader base of Filipinos.

“We recognize that cancer-specific technologies play a vital role in detection, intervention, and monitoring, and can transform the quality of cancer care received by patients. Siemens Healthineers have always delivered patient-centered solutions to its clients, which in turn, result to better patient outcomes and experiences. Redefining the oncology landscape through better patient care is a common vision between AC Health and Siemens Healthineers, and we are proud to partner with them in realizing this vision,” said AC Health President & CEO Paolo Borromeo.

“Cancer has been a relentless threat to the lives of many. Our partnership with AC Health and Zodiac Health Ventures strengthens our purpose as we fight the world’s most threatening diseases through comprehensive cancer care. As AC Health builds the first cancer specialty hospital in the country with the Healthway Cancer Care Center, we can provide patients better quality of life through breakthrough innovations as we support healthcare professionals in delivering precision and high-quality care,” said Juan Miguel P. Tan, President and Managing Director of Siemens Healthineers Philippines.

Present in the signing were AC Health President and Chief Executive Officer Paolo F. Borromeo, Healthway Cancer Care Center Chief Operating Officer Jenara Rosanna F. Ong, Healthway Cancer Care Center Chief Finance Officer Ruby P. Chiong, Siemens Healthineers Philippines Finance Director, Rosella Paula M. Villafuerte, Siemens Healthineers Head of Enterprise Services for Southeast Asia Chris Poray, Siemens Healthineers Vice President & Head of Diagnostic Imaging Oliver Armnester Perez, and Siemens Healthineers President and Managing Director Juan Miguel P. Tan.

“Healthway Cancer Care Center (HCCC) aims to be the go-to facility service provider for all cancer patients.  And since each patient has a unique medical need, with our collaboration with Siemens Healthineers, we will be able to deliver the premium level of care to our patients. Accurate and timely diagnosis needed for the treatment of their condition is critical to the patient’s treatment journey and this is a point of focus in our patient care pathway,” said HCCC President and CEO Jaime E. Ysmael.

With valuable partnerships, mutual collaboration, and an expert team of cancer specialists, Healthway Cancer Care Center hopes to address this critical public health problem and provide accessible and affordable cancer care to Filipinos. Beyond the cancer hospital, AC Health aims to leverage its integrated healthcare network to expand its oncology services. A hub-and-spoke model, involving its integrated clinic and hospital network, allows AC Health to drive access to affordable cancer care for patients across the country. As such, Healthway and QualiMed will serve as “spokes” of the model and extensions of the cancer hospital “hub.” This provides patients more avenues to seek consultation and have easier access to cancer screening and detection. The vision of this model is to provide impact and solutions to the many Filipinos in need of cancer services. 

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AC Health

Ayala Healthcare Holdings, Inc. (AC Health) is a wholly-owned subsidiary of the Ayala Corporation, and serves as the portfolio company for healthcare businesses. Its vision is to build an ecosystem that links every patient to a seamless healthcare experience. Its portfolio includes Generika Drugstore, the pioneer in generic retail drugstores, IE Medica and MedEthix, major pharmaceutical importer and distributor, Healthway, a network of primary care, multi-specialty, and corporate clinics, and QualiMed, a comprehensive network of full-service hospitals, multi-specialty clinics, and a stand-alone day surgery center. AC Health has also invested in health technology solutions, most recently, HealthNow, a healthcare aggregator app that offers online consultations, medicine delivery, and clinic and diagnostic booking.

For information:

Selena Tricia Reyes Email: zhvi_selenatricia.reyes@healthway.com.ph

ILOILO CITY — The Ayala group continues to launch WeAreAyala Business Club (WAABC) chapters across key cities in the country, with an aim to re-energize business units, establish synergy and communication, and fellowship among Ayala group employees, and boost engagement with local communities.

Following WAABC Cebu’s launch in April, the Ayala group launched the WAABC Iloilo chapter at the Iloilo Convention Center last May 2022. The City of Love has had its fair share of community initiatives with Ayala since 2016. From the Book Donation with Groliers and the Bantay Bata Medical Mission to the more recent BuyAni Project and ABC Brigada Eskwela, Iloilo truly is a “special place for Ayala,” as Fernando Zobel de Ayala, Ayala Corporation President and CEO, said.

“This is one of the most impressive cities I’ve seen in the country, and I commit that we will do more,” Zobel said.

About 250 employees from 16 business units in the Ayala group in Iloilo attended the WeAreAyala town hall, giving them a chance to engage with and get to know each other towards better collaboration on future projects.

In the evening, the group’s most valued clients and partners were welcomed with a cocktail event to show the group’s appreciation for their long-standing relationship and support. The Ayala executives took time to talk to each client, ensuring that they will continue to be served well and that potential business opportunities will be explored.

It was a day full of activities that highlighted each employee’s contribution and how their roles fit into the organization, helping forge stronger bonds, build new friendships, and start insightful discourses among attendees.

Liezyl Villanueva, Globe Telecom Retail Area Head for Panay Island and newly inducted WAABC Iloilo Board Member who has been with the Ayala group for 25 years, shared how the event served as an opportunity to synergize with internal and external business partners.

“Across the group, we talk a lot about how we can better serve our customers through cross-functional and inter-Ayala Group collaboration. Most of the time, their customers are also ours and it’s a joy to see that we are not only able to offer products and services but also programs that involve sustainability, volunteerism, and sports. This way, our approach becomes holistic, making our customers our top priority.”

“Since WAABC has the network, I am pretty sure, in the future, if I need help, most of WAABC would just be one call away. I know I can count on them,” shared Fatima Joy Reyes, Ayala Property Management Corporation Area Head for Western Visayas and newly inducted WAABC Board Member.

The success of the WAABC Iloilo launch involves cultivating a shared vision, mutual respect, and a commitment to doing what it takes to fulfill its bigger mission: #AyalaForTheGreaterGood.

It also speaks to the Ayala Group’s contributions to Iloilo: it redeveloped the Sicogon Island in Carles, Iloilo, a popular beach destination back in the 1970s, and built the Atria Park District, a township which has condominiums, shopping centers, and hotels.

At the end of the year, WAABC Iloilo plans to do more for and with the city by infusing more investments and undertaking health and environment programs such as tree planting and medical missions.

“As we move forward, Ayala will continue along the path of meaningful and tangible impact to all our stakeholders in the investments that we make, the projects that we implement or the social impact initiatives that we participate in,” said Fernando Zobel de Ayala. “I am excited to see what all of us can achieve together as we enter this new era for WAABC across the country… Let’s work together to do more in this great city and province.”

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For more information:

CATHY BENGZON
Head, Brand and Reputation Management
Ayala Corporation
e-mail – publicaffairs@ayala.com

MANILA — Fresh from her SEA Games success in Hanoi, Vietnam, #AtletangAyala and Olympian Jasmine Alkhaldi will once again plunge into action at the 19th FINA World Championships in Budapest, Hungary on June 18 to July 3.

According to Alkhaldi, she commenced training for the world meet as soon as she arrived from Hanoi. “The World Championships is important to me because it is part of my pathway towards hopefully making it to the Olympics in 2024,” she said.

The 29-year-old swimmer, who also represented the Philippines in the 2012 Summer Olympics and 2016 Rio Olympics, bagged a silver and a bronze medal in women’s 4x100m medley relay and women’s 100m butterfly, respectively, from the recent SEA Games.

During the Games, Alkhaldi also earned a “B” Standard Entry Time (women’s 50m freestyle) in a FINA qualifying event, enabling her to clinch a spot with Miranda Renner and Jonathan Cook. “I have been working on carrying my physical performance from the recently concluded SEA Games toward my performances at Worlds. I have not stopped my training since I have returned from Hanoi to best prepare myself,” she said.  

Alkhaldi is one of eight national athletes that compose the pioneering batch of #AtletangAyala. Each athlete underwent a rigorous screening process that lasted for a month.

“Swimming at the recently concluded SEA Games, as a national athlete and an #AtletangAyala, was truly an honor,” she said. “The #AtletangAyala program gave me the support and the boost of confidence that I needed, knowing that there is a program that will support me and also root for me, not only before or during the Games, but also even after.”  

As part of her #AtletangAyala benefits, Alkhaldi was hired by Ayala Center for Excellence in Sports (ACES) as a program associate, where she will receive full-time salary for part-time work. Alkhaldi will also have free access to the world-class training facilities of the Ayala Vermosa Sports Hub, which features a FINA-standard Olympic size swimming pool. 

“The structure and program set forth only inspires me to do better as an athlete with all these tools and resources outside of sport given to me. I definitely am encouraged to train harder to hopefully make the Ayala community and the whole country proud,” she said.    

Ayala believes that sports can inspire and bring together a nation. Hence, through ACES, Ayala hopes to enable Filipino athletes achieve their full potential. #AyalaForTheGreaterGood   

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For more information:

YLA ALCANTARA
Head, Brand and Reputation Management
Ayala Corporation
e-mail –  publicaffairs@ayala.com

Fresh from being recognized and awarded with the COVID Management Initiative of the Year Award from Healthcare Asia, AC Health continues to put together the vital pieces to realize its vision and commitment of bringing accessible and affordable healthcare for all Filipinos.

AC Health, a subsidiary of Ayala Corporation, through its QualiMed Hospital – Iloilo facility recently shared its plans for its In-Vitro Fertilization (IVF) Center and Integrated Practice Unit (IPU). Citing estimates that 1 in 10 Filipinos is affected by infertility and that 10% of those with infertility concerns will undergo IVF treatment as premise, Dr. Henry Tupas, Director and President of the Iloilo Fertility and Reproductive Care Center (IFER) presented key developments on the Iloilo Fertility & Reproductive Care Center Phase 2 Expansion Project which is the first and only Fertility and IVF Center in Western Visayas.

In accordance with the concept of a patient-centered integrated practice unit (IPU), the services to be offered at the Iloilo Fertility and Reproductive Care Center (IFER) is organized around the patient’s primary problem of infertility and providing the full cycle of care for the patient’s medical condition. According to Dr. Tupas, “It will offer assisted reproductive technology, cryopreservation and genetic testing with our very own, fertility doctor, Dr. Rey Castillo leading the way and with the guidance of QualiMed – Iloilo COO Dr. Nathaniel Chan, and QualiMed – Iloilo Medical Director Dr. James Woo.”

The presentation on the IVF IPU was made during the recent MDXperience Roadshow that kicked off last May 26 at QualiMed Hospital in Atria Park, Iloilo City. The event was also attended by Ayala Corporation President and CEO Fernando Zobel de Ayala, AC Health President and CEO Paolo Borromeo, Healthway Philippines Inc. President and CEO Jaime E. Ysmael, QualiMed Health Network Group COO Margaret Bengzon, Healthway Cancer Care Center Vice Chairman for Medical Advisory Dr. Manuel Francisco Roxas, AC Health Consultant Dr. Manuel Dayrit, QualiMed – Iloilo COO Dr. Nathaniel Chan, and QualiMed – Iloilo Medical Director Dr. James Woo.

Ayala Corporation President and CEO Fernando Zobel de Ayala also took the opportunity to reaffirm the Ayala group’s commitment to investing in healthcare, “At Ayala, nation-building has always been at our core and the pandemic has only reinforced our long-standing commitment towards improving lives and promoting development and growth for the country, which of course includes accessible and quality healthcare. The pandemic underpinned the importance of investing in healthcare and we at Ayala promise to continue doing so.”

AC Health President Paolo Borromeo for his part reiterated the Group’s commitment to healthcare, “We have a genuine desire to address gaps in the healthcare sector. Our belief is that healthcare is a fundamental human right. Creating an integrated healthcare ecosystem that will provide accessible and affordable healthcare for all Filipinos is the bold vision of AC Health.”

Emphasizing the importance of proactive and meaningful doctor engagement in the entire organization, Healthway Philippines Inc. President and CEO Jaime E. Ysmael in turn conveyed, “A key element of success to realize our vision to be among the major players in the hospital and clinics space is our Stakeholder Engagement or Stakeholder for Life Program. This program focuses on our three main stakeholders – you, our doctors, our patients, and our employees. As our partners in delivering quality care, our doctors play a critical role. Hence, we value very much the relationship and would like to continue to strengthen it. Our doctor engagement program supports the three main areas of a doctor’s needs, which are to be able to practice, learn and teach.”

During this time of constant change and transition, AC Health is committed towards improving lives and promoting development and growth for the Filipino people, which includes accessible and quality healthcare. Doctors play a crucial part on making this possible as they work together with their leadership team to achieve this goal.

Other QualiMed facilities that offer Integrated Practice Units are:

QualiMed – Tanauan, Batangas (GI/Gastro Center, and Acute Stroke Unit)

QualiMed Hospital – San Jose del Monte, Bulacan (Diabetes Center, Hypertension Center, Geriatric Center, AesthetiQ Center, Breast and Women’s Health Center, and Eye Center)

QualiMed Hospital – Sta. Rosa, Laguna (Aesthetic Center, Lifestyle and Wellness Center, Wound and Ostomy Care Center, and Neuroscience Center)

QualiMed Surgery Center – Manila (Women’s Health and Breast Center, Palliative Care Clinic, Wound & Ostomy Care Center, and Pain Management Clinic).

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QualiMed is a comprehensive network of full-service hospitals, multi-specialty clinics, and a stand-alone day surgery center. QualiMed Health Network is part of Healthway Philippines Inc. and of the AC Health Group.

For further inquiries, you may reach us through:
Telephone: +63287080000
Email: contact.us@qualimed.com.ph
Website: http://www.qualimed.com.ph

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AC Health

Ayala Healthcare Holdings, Inc. (AC Health) is a wholly-owned subsidiary of the Ayala Corporation, and serves as the portfolio company for healthcare businesses. Its vision is to build an ecosystem that links every patient to a seamless healthcare experience. Its portfolio includes Generika Drugstore, the pioneer in generic retail pharmacies, IE Medica and MedEthix, major pharmaceutical importer and distributor, Healthway, a network of primary care, multi-specialty, and corporate clinics, and QualiMed, a comprehensive network of full-service hospitals, multi-specialty clinics, and a stand-alone day surgery center. AC Health has also invested in health technology solutions, most recently, HealthNow, a healthcare aggregator app that offers online consultations, medicine delivery, and clinic and diagnostic booking.

For information:
Nicole Tajanlangit
Corporate Strategy & Development
E-mail: ztajanlangit.ncb@achealth.com.ph

MANILA — Ayala Corporation successfully listed the second tranche of the company’s P30 billion debt securities program on the Philippine Dealing & Exchange Corporation on Thursday.

This issuance successfully raised P15 billion to refinance a P10 billion bond with an original maturity in May 2027. The remainder of the proceeds will be used to support Ayala’s investment program for 2022.

Amidst market volatility, the bond offering was met with high investor demand, raking total bids of P121.2 billion or 12.12 times oversubscription over the base issuance of P10 billion. This is the largest book a non-bank and non-government deal has seen in recent years.

“We are honored to have received positive investor response to this issuance that supports our liability management in a rising interest rate environment.  It also validates the market’s confidence in Ayala’s credit quality, while solidifying our balance sheet under volatile markets,” said Fernando Zobel de Ayala, President & CEO of Ayala Corporation.

“This is the largest Peso-denominated issuance by volume that we have seen from Ayala Corp,” said Antonino Nakpil, President & CEO of Philippine Dealing & Exchange Corp. “The size of the issuance has not fazed investors, whose demand for AC instruments triggered the oversubscription from the initial issue size of P10 billion.”

The Ayala group remains committed to helping ensure the vibrancy of the Philippine capital markets. Ayala Corporation, Ayala Land, and BPI have raised an aggregate of over P75 billion over the past two years. Ayala group bonds currently account for around 15% of the total tradeable value of corporate debt instruments in the country.

“We are thankful for the market’s continued trust in the Ayala group as the funds that we have raised will be helpful in enhancing our core value drivers, expanding our emerging businesses, and further unlocking value through our portfolio investments,” Zobel added.

“We are optimistic that Ayala Corporation will continue to be at the forefront as a reliable partner of government towards nation-building,” said Securities and Exchange Commissioner Kelvin Lester Lee.  

“With a diverse portfolio spanning from banking, real estate, telecommunication, renewable energy, water infrastructure, and electronics technology, Ayala is certainly in every aspect of our lives. It is truly one of the country’s oldest and most revered organizations that have stood the tests of time,” Lee added.  

For 2022, Ayala group allocated up to P285 billion in combined capital expenditure and investments to execute on the growth initiatives across its businesses. The group commits to support the continued expansion of its core value drivers Ayala Land, BPI, Globe, and ACEN. It will also scale up emerging businesses AC Health and AC Logistics to create new sources of growth and value.  

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For more information:
YLA ALCANTARA
Head, Brand and Reputation Management
Ayala Corporation
e-mail – publicaffairs@ayala.com

MANILA — To maintain the competitiveness and future-readiness of their workforce, Ayala units make upskilling more accessible by strengthening their engagement with one of the world’s largest online learning platforms, Coursera.

In a discussion with Coursera executives, Ayala Corporation’s Strategic Human Resources Advisor and Ayala group’s HR Council Head Francisco Romero Milan expressed the group’s commitment to future-proofing its workforce by investing in lifelong learning. 

“Human resources units across the Ayala group have committed to promoting continuous learning and development among employees by partnering with various online and offline course providers,” Milan said.

“We are grateful to platforms like Coursera for helping us upskill our employees,” he added. “Coursera provides us access to an array of training and development programs developed by top universities and companies. All these can be accessed online, on demand, and on the go.”       

“Coursera for Business aims to help companies drive transformative skill development to power business growth and resilience, and manage the shift to remote work,” said Raghav Gupta, Managing Director, Asia Pacific, Coursera. “We’re honored to support Ayala Corporation in their endeavor to accelerate their digital transformation journey. Their group-wide learning programs aim to build a workforce of continuous learners who chart their own learning paths, and are equipped to achieve personal growth and deliver professional impact.”

Through its partnership with Coursera, Ayala Corporation seeks to improve employees’ digital and human skills through curated, function-focused, and industry-specific learning programs available on the e-learning platform.

Ayala Land also taps Coursera to further enhance employees’ finance, marketing, sales, project management, and customer service excellence skills, which are a must-have in the real estate industry. 

Meanwhile, BPI promotes upskilling on digital transformation, data analysis, information system, cybersecurity, and digital channels for banking through Coursera. By far, BPI employees have taken a total of 81,298 lessons and spent 61,000 learning hours on Coursera.

In 2021, 99% of BPI employees completed at least five training days among the 200 mandatory, functional, and leadership training modules.

Finally, Ayala’s digital solution platform Globe leverages Coursera for its Data Science Program which focuses on data analytics and cloud security, among others. Globe’s Data Science Program has yielded 1,400 completed lessons to-date. The company also enables critical IT talents by giving them access to Coursera’s certification preparatory courses to help them to successfully obtain key IT certifications.

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For more information:

YLA ALCANTARA
Head, Brand and Reputation Management
Ayala Corporation
e-mail – publicaffairs@ayala.com