Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.
Bank of the Philippine Islands (BPI) posted a solid full-year performance in 2025, booking net income of P66.62 billion, up 7.4 percent year on year, as strong revenue growth offset higher provisions and operating expenses.
The Bank of the Philippine Islands (BPI) has priced its P5-billion peso-denominated fixed-rate BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028, with an option to upsize, marking the second tranche under its P200-billion Bond and Commercial Paper Program approved in October 2024.
Bank of the Philippine Islands (BPI), the country’s third largest lender by assets, said strong loan growth and wider margins boost its financial performance in the first nine months of the year, with net income climbing 5.2 percent year-on-year to P50.5 billion.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.
Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.
Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.
San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.