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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BSP warns public vs scammers  impersonating its officials, using fake outsoors

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudulent schemes where individuals falsely present themselves as BSP officials or employees to deceive people.

Smart launches P99 Home WiFi SIM for affordable, flexible connectivity

Smart Communications has introduced the Smart Home WiFi SIM 99, a dedicated card designed to work with open-line home WiFi routers, as well as compatible Smart and PLDT Home WiFi devices with expired or inactive SIMs. Priced at just P99, the package includes 2GB of non-expiring data, creating an accessible option for households seeking reliable internet access.

GMR anchors wider PH aviation push beyond Sangley investment 

India’s GMR Group is positioning the proposed Sangley Point International Airport as a major new Philippine investment, with the project expected to draw more than P150 billion in direct capital as the company expands its aviation and logistics footprint nationwide.

Treasury bill yields rise as rate outlook shifts

Treasury bill yields climbed across all maturities at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the prospect of further monetary tightening amid an elevated inflation outlook.

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