Ayala keeps ‘constructive outlook’ on PH economy

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Ayala keeps ‘constructive outlook’ on PH economy
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CONGLOMERATE Ayala Corp. said Friday it maintains a “constructive outlook” on the economy even as it keeps a critical eye on interest rates and inflation.

He said the group would also rationalize its businesses that are not scalable while investing in new ventures like health, automotive and logistics to support the growth for core businesses. The group is also excited about AC Mobility, the automotive arm of the conglomerate which aims to be the leading distributor of electric vehicles in the country by 2030.

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