GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. (PPLC), engaged Shanghai Electric Power Construction Co. (SEPCC), a subsidiary of Power Construction Corporation of China, for the engineering, procurement and construction (EPC) of a US$1 billion-thermal facility in Kauswagan, Lanao Del Norte.

Ayala Corporation’s (Ayala) net income in the first quarter of 2014 grew by 22% to P5.5 billion. The strong growth was driven by its real estate, telecom, water and international businesses and was boosted by a P1.8 billion capital gain from the sale of Stream Global Services, Inc., one of its investee companies under its business process outsourcing unit.

Bank of the Philippine Islands ("BPI" or the "Bank") ended the offer period for its stock rights offer on January 30, 2014, successfully raising P25 billion from a stock rights offer (the "Rights Offer") from the offering and issuance of 370,370,370 common shares (ratio of 1:9.602 common shares held or 10.4% of outstanding shares) at P67.50 per share. The Rights Offer concludes the largest capital markets transaction in the Bank’s 162 year history.

Globe Telecom posted a core net profit of P9.5 billion in the first nine months of the year, a 9% rise from a year earlier despite the complexity of an ongoing network and IT modernization initiative amid a highly competitive environment.

The telecommunications company booked a core net profit of P8.7 billion in the first nine-months of 2012.

BPI Family Savings Bank has been lauded for the 3rd time, as the best SME Bank in the Philippines, by the Alpha Southeast Asia Magazine last September 16, 2013.  


Photo shows Cedoy Roces, BPI Family Savings Bank’s SVP and Ka-Negosyo Loans Division Head accepting the 2013 Best SME Bank Award from Alpha Southeast Asia Publisher and CEO, Siddiq Bazarwala.


For BPI Asset Management and Trust Group (AMTG), upholding a tradition of excellence flows through the foundation of the business. For the third consecutive year, AMTG was deemed the “Best Asset Management Company” by The Asset Triple A Investment Award. Last June 19, 2013, AMTG Group Head Maria Theresa Marcial – Javier received the award at the Four Seasons Hotel in Hongkong. Thus, this puts AMTG at par with other Asset management companies in Asia.


 Bank of the Philippine islands ("BPI") registered a net income of P12.0 billion in the first half of 2013, a 27% increase over the P9.4 billion made during the same period in 2012.


In the photo are (L-R): Head of Brand Building Maya Del Rosario, Marketing Assistant Kath Tornea, Head of PR and Corporate Communications Rita Canchela, VP and Head of Brand BPI Mita Gozar, Head of Digital

BPI has been ranked 25th in The Financial Brand's Overall Power 100 Social Media Rankings for Banks.  The Financial Brand is a leading online publication with the most comprehensive coverage of how financial institutions build and shape their brands.