The government of Japan conferred Chairman Emeritus of Ayala Corporation Mr. Jaime Zobel de Ayala with The Order of the Rising Sun, Gold and Silver Star. The conferment was announced on April 29, 2018.
The Japanese Embassy in Manila said the conferment is to recognize Mr. Jaime Zobel de Ayala’s contribution in strengthening the economic relations of Japan and the Philippines.
“As a major conglomerate in Philippine industry, Ayala Corporation (AC) covers a wide range of businesses including real estate, finance, tele-communication, and water. AC has also been doing business with Japanese companies for a long time,” the Japanese embassy said.
“Thanks to Mr. Jaime Ayala’s strong leadership, a lot of projects have been successful. For example, in 1990, AC established an industrial park, which helped recover the confidence of investors after incidences of insurgency, and contributed to increase in investments in the Philippines by Japanese companies,” it added.
It added that Ayala Corporation has organized several Japanese-related exhibitions, such as Japanese Manga, an exhibition to commemorate the damage of the Great East Japan Earthquake, and the Kusama exhibit in Ayala Museum.
“Yayoi Kusama is famous Japanese Avant-garde sculptor. AC has contributed greatly to the understanding and promotion of Japanese culture in the Philippines,” the Japanese embassy added. “The Government of Japan extends its sincere congratulations to Mr. Ayala, and hopes that he will continue to take an active role in further strengthening close relations between our two nations.”