Ayala Corp. chairman Jaime Augusto Zobel de Ayala delivered a keynote address at a US-Philippines Society board meeting in Manila, emphasizing the Philippines' vast economic potential and urging American investors to capitalize on it.
Ayala Corp. chairman Jaime Augusto Zobel de Ayala urged American investors to seize the Philippines' vast economic potential during a keynote address at a US-Philippines Society board meeting in Manila on February 10, 2025. Zobel de Ayala highlighted the Philippines' strong macroeconomic fundamentals and youthful population, positioning it as one of Asia's most promising economies.
He emphasized that despite global economic volatility, the country's GDP and per capita income have more than doubled in the last 15 years, projecting a potential GDP of $855 billion by 2035.Recent economic reforms, including relaxed foreign investment policies in key sectors such as retail, infrastructure, and strategic industries, further enhance the Philippines' attractiveness to investors. Zobel de Ayala underscored the country's commitment to fostering a business-friendly environment with incentives for high-value sectors like technology, renewable energy, and advanced manufacturing.As a major Philippine conglomerate, Ayala Corp. invests across sectors crucial for economic growth, including real estate, banking, telecommunications, energy, healthcare, and electric vehicle infrastructure. Zobel de Ayala identified several high-growth areas where the group actively invests, aiming to support the nation's transformation. He expressed confidence that sustained collaboration between the government and private sector could propel the country's growth rate towards 8 percent or more. The US-Philippines Society, co-chaired by Zobel de Ayala and Ambassador John Negroponte, serves as a platform for business leaders and policymakers to deepen economic ties and foster greater investment and cooperation between the two nations.
Ayala Corp. Jaime Augusto Zobel De Ayala US-Philippines Society Investment Economic Growth Philippines
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ADB and Ayala Corp. Team Up to Accelerate Electric Mobility in the PhilippinesThe Asian Development Bank (ADB) and Ayala Corp. have joined forces to propel the electric vehicle (EV) sector forward in the Philippines. A $100 million financing package will support the development of a robust EV charging infrastructure network and the procurement of electric vehicles.
Read more »
ADB and Ayala Corp. Partner to Boost Electric Mobility in the PhilippinesThe Asian Development Bank (ADB) and Ayala Corp. have signed a $100 million financing package to support the development of an electric vehicle (EV) charging infrastructure network in the Philippines. The project aims to accelerate the adoption of EVs by addressing the current limitations of high initial costs, limited charging infrastructure, and evolving technologies.
Read more »
Philippines: A Land of Opportunity for Investors - Ayala Corp. ChairmanAyala Corp. chairman Jaime Augusto Zobel de Ayala emphasized the Philippines' immense investment potential at a US-Philippines Society board meeting, highlighting the country's robust economy and growth prospects.
Read more »
Ayala Corp. Announces Leadership ChangesAyala Corporation (AC) has announced key leadership changes, including the retirement of its Chief Financial Officer Alberto de Larrazabal and the appointment of Juan Carlos Syquia as his successor. Syquia, currently an executive vice president at Bank of the Philippine Islands (BPI), will assume the role of Deputy CFO in May 2025 and become the full CFO in January 2026.
Read more »
Ayala Corp. Poised for Strong Growth Despite Market SentimentMaybank Investment Banking Group predicts a 11.4 percent rise in Ayala Corp.'s earnings for 2025, driven by its banking, property, telecommunications, and energy businesses. The firm also highlights the potential of ACMobility, Ayala's automotive arm, through its partnership with BYD.
Read more »
ADB and Ayala Invest $100 Million in Philippines' Electric Mobility SystemThe Asian Development Bank (ADB) and Ayala Corporation have partnered to develop a comprehensive electric mobility system in the Philippines, with a $100-million financing package aimed at boosting EV adoption.
Read more »