Hints and tips:
...a dispute over water rates, brought by the companies when his predecessor, Benigno Aquino III, was in power....
...Ayala Corp and SM Investments have jointly proposed an elevated toll road valued at 25bn pesos....
...Rodolfo Ayala-Ayala, 33 Ayala worked at a blood donation centre in Florida, the Orlando Sentinel reported. The Puerto Rican had recently bought a new house and was a fan of salsa....
...Executives at Ayala and SM Investments told FTCR their businesses in Davao negotiated with proxies for Mr Duterte rather than directly with him....
...The outgoing government of President Benigno Aquino received the same pitch but gave it the cold shoulder....
...Globe, meanwhile, is a JV between Ayala and Singapore Telecommunications....
...Manuel Roxas, President Benigno Aquino’s chosen successor, has struggled to develop broad support....
...The political situation has exacerbated the uncertainty as President Benigno Aquino III’s six-year term draws to a close and the tussle to replace him heats up....
...Philippine companies such as fast-food chain Jollibee and property developer Ayala Land continue to post consensus beating earnings....
...Related reading: Philippines GDP: from the erratic to the consistent, beyondbrics Ayala: riding the Philippine wave, beyondbrics Philippines stocks: Asia’s most expensive, bryondbrics...
...Until 2009, Benigno Aquino III was a senator known mainly as the fourth-generation representative of one of the country’s most prominent political clans....
...Mr Ayala says he has rarely felt more confident about the country....
...Yet investors may be glossing over the risk that the two-year-old administration of president Benigno “Noynoy” Aquino may take time to deliver....
...The Philippines bucked the weaker trend, buoyed by clear signs of a landslide presidential election victory for Benigno Aquino....
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