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.
iACADEMY, the Makati-based private educational institution, has reaffirmed its position as the nation’s leading innovative school. Established 24 years ago, it received the “Most Innovative School” award at the Global Brands Awards in 2025, following its first distinction as “Most Innovative Education Provider” in 2020. This recognition makes it the only Philippine school to have received this honor twice, standing alongside global leaders such as Harvard University, MIT, and Nanyang Technological University.
Metrobank has partnered with Mastercard to join its global Priceless Causes initiative, turning routine card transactions into tangible environmental action. Launched in line with Philippine Environment Month this June 2026, the collaboration gives cardholders a simple way to support reforestation efforts without altering their usual spending habits.
The Marcos administration expects a pickup in infrastructure spending to provide fresh momentum for the economy in the second half of the year as public works projects delayed by government reviews gradually resume.
The country's persistent port congestion stems less from empty containers than from thousands of overstaying laden boxes occupying valuable terminal space, according to the Association of International Shipping Lines (AISL), which is urging faster action from the Bureau of Customs (BOC).