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PHILIPPINES PRESS-Ayala boosts power, infrastructure and education businesses-BusinessWorld
April 7, 2014 / 12:41 AM / 4 years ago

PHILIPPINES PRESS-Ayala boosts power, infrastructure and education businesses-BusinessWorld

Ayala Corp, the Philippines’ oldest conglomerate, plans to increase its presence in the power, infrastructure and education sectors as its expands in the medium term, its chairman and chief executive officer said, the BusinessWorld newspaper reported.

The firm said it has earmarked $1 billion for planned power and infrastructure investments until 2016.

(link.reuters.com/tyj38v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Sunil Nair)

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