The Bank of the Philippine Islands (BPI) has launched the BPI SINAG Bonds—its first issuance under a P200-billion bond and commercial paper program—with an initial offer size of P5 billion, and an option to increase based on investor demand.
The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company.
The Bank of the Philippine Islands (BPI), led by the Ayala Group, has unveiled its new digital payroll solution, ePayroll, designed to streamline payroll management for businesses while enhancing employee onboarding. The system, integrated into BPI’s corporate banking platform, BPI BizLink, is set to simplify payroll processing, allowing businesses to onboard employees and disburse salaries with ease and efficiency.
ABS-CBN Corp. reported a 60 percent reduction in net losses for the first half of 2025, reflecting improved commercial performance and strategic cost controls, amid stronger election-related advertising.
Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.