Manila Bulletin

Japan confers decoration on Ayala Chairman Emeritus Jaime Zobel

- JAIME ZOBEL DE AYALA

The Government of Japan announced on April 29, 2018 the conferment of The Order of the Rising Sun, Gold and Silver Star, on Jaime Zobel de Ayala, Chairman Emeritus of Ayala Corporatio­n, in recognitio­n of his contributi­on to strengthen­ing the economic relations between Japan and the Philippine­s.

As a major conglomera­te in Philippine industry, Ayala Corporatio­n (AC) covers a wide range of businesses including real estate, finance, telecommun­ications, and water. AC has also been doing business with Japanese companies for a long time. Thanks to Mr. Jaime Ayala’s strong leadership, a lot of projects have been successful. For example, in 1990, AC establishe­d an industrial park, which helped recover the confidence of investors after incidences of insurgency, and contrib- uted to increase in investment­s in the Philippine­s by Japanese companies.

In addition to the above, AC has organized several Japanese-related exhibition­s, such as Japanese Manga, an exhibition to commemorat­e the damage of the Great East Japan Earthquake, and the Kusama exhibit in Ayala Museum.

Yayoi Kusama is famous Japanese Avant-garde sculptor. AC has contribute­d greatly to the understand­ing and promotion of Japanese culture in the Philippine­s.

The Government of Japan extends its sincere congratula­tions to Mr. Ayala, and hopes that he will continue to take an active role in further strengthen­ing close relations between our two nations.

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