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IFC lends P14.5 B for ALI's green projects

July 21, 2024

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The Philippine Star

The International Finance Corp. (IFC) is lending up to P14.5 billion to property giant Ayala Land Inc. (ALI) to support the company’s efforts to decarbonize its commercial real estate portfolio.

- LOUELLA DESIDERIO

In a statement, the private sector arm of the World Bank Group said it is investing up to P14.5 billion in the form of a sustainability-linked loan for ALI.

The loan forms part of a larger sustainability-linked financing program for ALI, which includes the issuance of its first sustainability-linked bond in the country.

المزيد من القصص من The Philippine Star

The Philippine Star

The Philippine Star

Atin Ito: China failed to scare civilian mission

The Atin Ito Coalition officially declared its fourth civilian mission to the West Philippine Sea (WPS) a success, saying China failed to stop, scare and intimidate the mission using its warships, coast guard boats, a helicopter and maritime militia vessels.

time to read

2 mins

May 05, 2026

The Philippine Star

The Philippine Star

WHEN DAILY COMMUTE BECOMES A PUBLIC HEALTH RISK

If Dante were Filipino, his Inferno would have an extra circle of hell reserved for the EDSA commuter — trapped in a bus with a broken air-con, breathing exhaust, clutching the last ounce of sanity as traffic moves one inch per minute.

time to read

4 mins

May 05, 2026

The Philippine Star

Electricity: A Dumagat tribe's long-awaited dream

Before they can use a computer, children in Sitio Manggahan, an upland settlement in Barangay Daraitan, Tanay, Rizal, must first endure at least a one-hour walk that includes crossing a river.

time to read

7 mins

May 05, 2026

The Philippine Star

5 sued over NBI chief's old viral video

Five people accused of circulating an old video of National Bureau of Investigation Director Melvin Matibag and his friend Mel Sabio are facing complaints with the NBI for alleged violation of the Data Privacy Act.

time to read

1 min

May 05, 2026

The Philippine Star

Pump prices up today

Motorists should expect a fuel price hike of over P2 per liter today, while households may see liquefied petroleum gas (LPG) prices rise to up to P1,700 this month.

time to read

1 mins

May 05, 2026

The Philippine Star

The Philippine Star

'ALMOST US' STARS JM, FYANG GRATEFUL TO FANS FOR RESPECTING THEIR PRIVACY

\"ALMOST US\" DIRECTOR DAN VILLEGAS RECENTLY REVEALED why he had long wanted to work with the love team of JM Ibarra and Fyang Smith.

time to read

3 mins

May 05, 2026

The Philippine Star

'Minority duty-bound to block impeachment'

Asserting that it is their fundamental duty to oppose the majority, members of the minority bloc in the Senate would naturally resist the convening of an impeachment court to try Vice President Sara Duterte, according to Sen. Robinhood Padilla.

time to read

4 mins

May 05, 2026

The Philippine Star

The Philippine Star

REDISCOVERING OURSELVES AT MUSEO DEL GALEON

The Philippines — an archipelago of dreamers, explorers and stargazers.

time to read

5 mins

May 05, 2026

The Philippine Star

The Philippine Star

ADB to mobilize $70 B to connect AsPac power grids, digital highways

The Asian Development Bank (ADB) aims to mobilize $70 billion to support initiatives aimed at improving energy and digital access across Asia-Pacific by 2035.

time to read

2 mins

May 05, 2026

The Philippine Star

Ping resets presentation of flood report

Senate President Pro Tempore Panfilo Lacson has rescheduled his privilege speech that would have detailed the Blue Ribbon committee’s progress report on the flood control scandal.

time to read

1 mins

May 05, 2026

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