Tatler Philippines

Ayala’s Efforts

The Philippine­s’ oldest and largest conglomera­te expresses its support through various donations

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Ayala Corporatio­n, led by brothers Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala, sets the bar high for corporate support, contributi­ng a PhP5.5-billion response package to the COVID-19 crisis in the country. The package comprises monetary and in-kind donations, employee support such as wages, bonuses, leave conversion­s, loan deferments, and waiving the rent for tenants of its shopping malls during the crisis.The corporatio­n has also distribute­d in-kind donations including N95 masks, alcohol, PPEs, ultrasound machines, ventilator­s, and mobile x-rays to key hospitals and health institutio­ns in the metro as well as to its partner institutio­ns outside the city through its Ayala Healthcare Holdings under Ayala Foundation. The Philippine General Hospital (PGH), Research Institute of Tropical Medicine (RITM), Lung Center of the Philippine­s, and Philippine Heart Center, were among its recipients.

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