Friday, 14 November 2025, 2:21 am

    Tag: BPI

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    ACEN secures P34.41B Loan for Quezon-Laguna wind farm

    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. posts P42B net income in 2024, plans P200B capex in 2025

    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. 

    BPI launches ePayroll, simplifying processing for businesses and employees

    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.

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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    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.

    MVP Group in early talks to acquire Villar’s Prime Water

    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.

    MGen donates P17.3-million lighting system to Iloilo football ground

    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.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

    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.

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