Tag: BPI

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BPI closes SINAG Bond offer early

Banking & Insurance Context.ph Context.ph -
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. 

BPI launches P5B SINAG sustainability bonds

Banking & Insurance Context.ph Context.ph -
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. 

BPI posts ₱16.6B net income in 1Q

Corporate Context.ph Context.ph -
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.

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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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. 
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Philip Morris counts Philippines as key sourcing, manufacturing hub

Agriculture 0
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

Top News 0
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Philippines flirts with stagflation as growth stalls, prices surge

Opinion 0
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Economy 0
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

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