Ayala Land, Inc. is the real estate arm of Ayala Corporation, one of the Philippines' oldest and largest conglomerates. From an internal division of Ayala Corporation, it was spun off and incorporated in 1988. It was publicly listed in the Philippine Stock Exchange (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets.: On April 2012, it has formed an alliance with Metro Pacific Investments Corporation to build railways in the country.
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“The mode of clearing and planting is to fell the trees, and burn once what will burn, then cut them up into suitable lengths, roll into heaps, and burn again; then, with a hoe, plant potatoes where you can come at the ground between the stumps and charred logs; for a first crop the ashes suffice for manure, and no hoeing being necessary the first year. In the fall, cut, roll, and burn again, and so on, till the land is cleared; and soon it is ready for grain, and to be laid down.”
—Henry David Thoreau (1817–1862)