Sy-led BDO Unibank Inc., the Philippines’ largest bank, has ended the offering of its sixth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bond issue after just one day due to oversubscription, continuing the strong investor demand it has enjoyed since it began...
BDO Unibank Inc. has eliminated transaction fees for its digital fund transfer channels, accelerating a margin-compressing race to zero among the country’s retail banks. The Sy family-controlled financial giant began notifying users through its mobile application that charges for money transfers...
Sy-led BDO Unibank Inc., the Philippines’ biggest bank, is planning to raise at least ₱5 billion from the issuance of peso-denominated fixed-rate sustainability bonds to diversify its funding sources. This marks the bank’s second sustainability bond this year following a ₱100-billion issue...
SM Investments Corp. and its major subsidiaries clinched a combined 24 awards at the 16th Asian Excellence Awards. The parent company bagged eight distinctions from Hong Kong-based publication Corporate Governance, including the Sustainable Asia Award, Asia’s Best CSR, Best Corporate...
The Sy family’s SM Investments Corp. (SMIC) and BDO Unibank Inc. led the seven largest Philippine public companies in the Forbes Global 2000 ranking for 2026. For the 24th year, Forbes’ Global 2000 ranked the largest public companies in the world using four metrics—sales, profits, assets, and...
To help vendors, drivers, seniors, and other sectors in Pasig City strengthen their financial skills and guard against scams, the city government launched a financial education program through a newly signed partnership. On June 16, the city formalized a memorandum of agreement with the Bangko...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
The Palawan Group of Companies, the country’s most trusted pawnshop and remittance provider, has formalized a strategic partnership with BDO Unibank, Inc., one of the Philippines’ largest banks, to expand access to faster, more convenient, and more efficient financial services nationwide. The...
Global debt watcher Moody’s Ratings affirmed the deposit ratings of the Philippines’ largest lenders—Sy-led BDO Unibank Inc. and Ayala-led Bank of the Philippine Islands (BPI)—citing their strong profitability, solid asset quality, and ample liquidity buffers. Both lenders maintained their...
Before the break of dawn, Jose Cabanza Jr. of Barangay La Huerta in Parañaque wakes up to prepare his fishing equipment before heading to Manila Bay by sunrise to haul in his catch for the day. But for fishers like Jose, not every day is a good day. “Pabago-bago po [ang kita] katulad ngayon,...
The majority faction of the Lopez family has escalated its corporate battle for control of their business empire, claiming to have uncovered a third “poison pill” provision designed to entrench First Philippine Holdings Corp. (FPH) Chairman and Chief Executive Officer Federico “Piki” R....
