Bank of the Philippine Islands, through BPI Foundation, was recognized as the “Best Bank for Corporate Social Responsibility (CSR) in the Philippines" by the Asiamoney Best Bank Awards 2021. This is for the bank’s role in the country's push for financial inclusivity and the support it has given...
Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial flows to clean energy ventures. In a virtual forum convened...
In San Pedro, Laguna, Randy Maranan, a gardener and retired executive of Bank of the Philippine Islands (BPI), recently shared about his jackfruit ( Artocarpus heterophyllus ) that weighs heavier than the current record holder at the Guinness World Records. Last July 2021, Randy Maranan, a gardener...
Randy Maranan, 62, a former executive of the Bank of the Philippine Islands (BPI), grows food in his backyard garden in San Pedro, Laguna. Randy Maranan, a retired executive of BPI, is also a backyard gardener from San Pedro, Laguna. This longtime hobbyist was influenced by his late father who...
Fourteen live beetles and larvae hidden inside a package of snacks items have been intercepted by Bureau of Customs (BOC)-Port of Ninoy Aquino International Airport (NAIA) operatives. (Photo from BOC-NAIA) The smuggled insects--concealed in plastic tubes--reporteldy did not have the requisite...
The board of directors of listed firm Aboitiz Power Corporation has approved last week the prepayment of P3.4 billion worth of fixed-rate retail bonds to be enforced September this year. In a disclosure to the Philippine Stock Exchange (PSE), the company noted that it will be “using its existing...
The Philippine government ruled that Bt talong, a genetically modified (GM) eggplant that contains a gene from the soil bacterium Bacillus thuringiensis (Bt), is just like a conventional eggplant and is safe for human consumption. This was according to International Service for the Acquisition of...
SPEAKING OUT Ignacio R. Bunye BPI Family Savings Bank, the biggest thrift bank in the Philippines, celebrated its 36 th year last July 1 – two days ahead of Bangko Sentral ng Pilipinas’s 28 th anniversary. BPI Family was established in 1985 following the historic merger between BPI and Family...
Lopez-led Energy Development Corporation (EDC) listed on Friday (June 25) with the Philippine Dealing and Exchange Corporation (PDEx) the P5.0 billion first tranche of its ASEAN green bonds. The issue, which has been oversubscribed due to buoyed interest of investors, is part of the P15 billion...
The Bank of the Philippine Islands (BPI) Foundation is planning to set up foodsheds in different locations in the country to provide a livelihood to communities. As a start, BPI Foundation has partnered with the World Wide Fund for Nature (WWF) Philippines and the Bank of the Philippine Islands...
The targeted P15 billion proceeds from the ASEAN green bonds issuance of Energy Development Corporation (EDC) will bankroll the expansion projects being lined up by the company. The shelf registration of EDC’s green bond issuance had already secured the approval of the Securities and Exchange...
FGP Corp., which is a subsidiary of Lopez-led First Gen Corporation, has inked a six-year US$308 million loan facility with four banks – the proceeds of which will primarily be allocated to refinance debts funneled to its 500-megawatt San Lorenzo gas fired power plant; while the rest will be...
