Bank of the Philippine Islands (BPI) reported a net income of P33 billion for the first half of 2025, up 7.8 percent from P30.6 billion a year ago, as strong lending activity and higher margins lifted revenues despite rising costs and provisions.
The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...
The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
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.
Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.
The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.
The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.