Terra Solar Philippines’ (MTerra Solar) ₱200-billion worth solar and battery facility is expected to start operations in the first three months of 2026, according to BDO Unibank, Inc., the biggest lender to the multi-billion-peso project finance facility. Earlier this year, MTerra Solar, a unit...
The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Moody’s Ratings has affirmed the credit ratings of three of the Philippines ’ largest banks —BDO Unibank Inc., Bank of the Philippine Islands (BPI), and Metropolitan Bank & Trust Co. (Metrobank)—on the back of their solid capital positions, stable profitability, and strong liquidity, even...
Globe Telecom Inc. has sealed term loan facilities amounting to ₱20 billion to address its budget needs and boost capital spending this year. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said it borrowed ₱10 billion each from Sy-led BDO Unibank...
BDO Unibank Inc. reported that its net income improved 12 percent to ₱82 billion in 2024 from ₱73.4 billion in 2023 due to the solid performance of its core businesses. In a disclosure to the Philippine Stock Exchange, the SM Group’s banking unit said its earnings translate to a return on...
Razon-led gaming firm Bloomberry Resorts Corporation is projected to save approximately ₱900 million annually due to the refinancing of loans used to fund the construction of Solaire Resort North. "The company is not in any sort of debt or cash flow crisis. In fact, the (₱40 billion)...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
Sy-led BDO Unibank Inc. (BDO) and Japan’s Ashikaga Bank, Ltd. (ABL) signed a business alliance agreement to support Japanese companies looking to establish or expand their presence in the Philippines. In a statement on Wednesday, Jan. 22, BDO said it recently signed a memorandum of understanding...
In today's modern world, architects and engineers are redefining what is possible. This project reimagines the modern workplace by blending innovation with the tropical environment. A groundbreaking event on Makati Avenue marks the start of the new BDO Unibank Inc. Campus by Foster + Partners, a...
The Philippine economy stands out as a global outperformer, bolstered by robust domestic consumption and a favorable demographic profile, BDO Unibank said in a briefing for Japanese business leaders. The bank noted that “despite facing global headwinds, the nation continues to demonstrate...
The Sy family’s SM Group is optimistic about the country’s economic growth prospects in 2025, despite challenges such as peso volatility and high inflation. In a statement, SM Investments Corporation (SMIC) President and Chief Executive Officer Frederic C. DyBuncio, said the group plans...
Green logistics firm Mober has partnered with BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks, expanding its fleet to 110 EV units and solidifying its position as a pioneer in sustainable logistics. In a statement on Thursday, Dec. 19, Mober said the...
