Ayala’s Efforts
The Philippines’ oldest and largest conglomerate expresses its support through various donations
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.