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                    [Title] => Ayala unit closes shop
                    [Summary] => Inclement weather and heightened competition from multinational companies (MNCs) have forced a unit of Ayala Corp.’s agriculture subsidiary to close shop starting this month.


Ayala Corp. managing director Renato Marzan told the Philippine Stock Exchange that Ayala Seeds Corp. which is under Ayala Agricultural Development Corp. will discontinue its hybrid corn seed business "following a number of reverses which impaired the organization’s operational efficiency."


                    [DatePublished] => 2001-01-06 00:00:00
                    [ColumnID] => 133272
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AYALA SEEDS

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                    [ArticleID] => 96664
                    [Title] => Ayala unit closes shop
                    [Summary] => Inclement weather and heightened competition from multinational companies (MNCs) have forced a unit of Ayala Corp.’s agriculture subsidiary to close shop starting this month.


Ayala Corp. managing director Renato Marzan told the Philippine Stock Exchange that Ayala Seeds Corp. which is under Ayala Agricultural Development Corp. will discontinue its hybrid corn seed business "following a number of reverses which impaired the organization’s operational efficiency."


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abtest

Ayala unit closes shop

January 6, 2001 - 12:00am

Inclement weather and heightened competition from multinational companies (MNCs) have forced a unit of Ayala Corp.’s agriculture subsidiary to close shop starting this month. Ayala Corp. managing director Renato...

Business