

Amid a rapidly evolving market, Ayala Corp. (AC), the country’s oldest conglomerate, is setting the tone for 2026 with a bullish outlook, building on a year marked by strategic partnerships, new ventures, and innovative financing.
“We enter the new year with a renewed commitment to create value by supporting the country’s long-term growth,” AC President and CEO Cezar P. Consing said in a statement on Thursday.
The conglomerate strengthened its presence across retail, logistics, and healthcare.
In retail, AC partnered with UAE-based Spinneys to open its first stores outside the Gulf and teamed up with Thailand’s CP AXTRA, operator of Makro and Lotus’s, to explore new ventures and co-investments in the Philippines and Thailand.
In logistics, Danish fund manager A.P. Moller Capital acquired 40 percent of AC Logistics to help the company scale operations, while Singapore-based ABC Impact invested in AC Health to expand hospitals, clinics, and pharmacies.
AC also raised capital through innovative financing to support business growth and sustainability.
A $100 million deal with the Asian Development Bank and Canadian Climate and Nature Fund will expand ACMobility’s electric vehicle charging network, while a $200 million yen-denominated term loan from Mizuho Bank and Sumitomo Mitsui Banking Corp. marked the company’s first borrowing in yen.
“This year, Ayala entered into new partnerships, new ventures, and undertook historic firsts. This is the power of a more connected Ayala,” Consing said.