Storified by Lorna Dietz· Thu, Jan 03 2013 06:09:11
Antonio Aquino, president of Ayala Land International, was on hand to cut the ceremonial ribbon opening the doors of the first Ayala Land office in the US in the city of Milpitas.
At a press conference held after the formal opening, Aquino said that the economic landscape in the Philippines is better now and showing positive growth. He is confident that Filipinos will be investing back home. Not only will the return on investment higher compared to US or Europe, they will help boost the economy of the other country they call home.Aquino said that the US office will offer the breadth of products and services the Ayala group of companies is known for including tourism. The Ayala group recently purchased the prestigious “El Nido Resort” and has entered the tourism business. They have also started putting up Ayala branded hotels called “The Cocoon” to cater to locals, foreign tourists or Filipinos traveling from abroad.
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