This coming 2021, a massive leadership model is underway at the oldest conglomerate in the world. Ayala Corporation stated that Jaime Augusto Zobel de Ayala will leave his position as chief executive in a disclosure to the stock exchange but will stay as company chairman. In view of this Jaime will be succeeded by Fernando Zobel de Ayala, his younger …

MANILA – Share prices of the holding companies of the Zobel de Ayalas and Manuel Pangilinan picked up after President Duterte issued an apology during a televised speech. President Duterte apologizes for the “hurting words” about the two business tycoon whom he openly disliked. Applauding their help in fighting Covid-19 a peaceful settlement to the regulatory spat between them. “My …