MANILA -- In 1989, Philippine conglomerate Ayala teamed up with two Japanese corporate giants to develop an industrial park south of Manila, cashing in on Japan Inc.'s bubble-era enthusiasm for overseas expansion.
Philippine conglomerate Ayala hopes its ventures with China will help it gain access to cutting-edge technology for its complex empire, which spans property and utilities to health care. (Photo by Yuki Kohara)
Company in focus
Duterte's China pivot transforms Philippines' oldest conglomerate
Ayala connects with rising tech superpower for digital offensive
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