Citicore Energy REIT Corporation (CREIT), a subsidiary of Citicore Power Inc., is expected to corner ‘strong interest’ on its real estate investment trust (REIT) listing, wich will be the first for such asset class in the renewable energy (RE) industry to be undertaken. According to Ben Thomas...
The Bangko Sentral ng Pilipinas’s (BSP) Cybersecurity Oversight and Surveillance Group is regularly updating its standards and protocols against cybersecurity threats amid the mounting number of bank hacking and fraud incidents taking place within the banking industry in the last couple of years....
Efforts to institutionalize financial education in the capacity-building initiatives of the Armed Forces of the Philippines (AFP) gained momentum with the unveiling of financial education materials intended for the uniformed and civilian personnel of the Philippine Air Force, Philippine Army, and...
BDO Unibank, Inc. has kicked off of its public offering of P5 billion worth of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds as the third issuance under its P365 billion Bond Programme. In a statement, the bank said “The net proceeds of the issue are intended to diversify the Bank’s...
BDO Unibank was conferred with the prestigious Asia’s Top Sustainability Advocates Award at the 2021 Asia Corporate Excellence & Sustainability (ACES) Awards. The award is given to companies that show genuine interest in the well-being of its stakeholders through corporate social...
In an effort to strengthen to financial literacy in basic education, the Department of Education (DepEd) launched a search for best supplemental learning materials. JOJO RINOZA / FILE PHOTO / MANILA BULLETIN In partnership with the BDO Foundation Inc. and Huawei Technologies Phils. Inc., DepEd said...
A lawmaker on Sunday urged authorities to immediately arrest all the perpetrators behind the BDO hacking to know what may be their real motives aside from theft. Anakalusugan Partylist Rep. Mike Defensor issued his take on the recent cybercrime incident by saying "until and unless the suspects are...
Anakalusugan Rep. Mike Defensor has warned those behind the hacking of BDO Unibank accounts that they are bound to face economic sabotage as authorities are already discovering the identities of the perpetrators behind the cybercrime. "The act of breaking into a bank’s computer system and...
Senator Sherwin Gatchalin on Tuesday urged the banking industry to invest more on modern security banking solutions to induce confidence among financial consumers. Rather than telling the public how to avoid being a victim of cybercriminals, Gatchalian said banks should prioritize the protection of...
Three House of Representatives committees were asked on Monday, Dec. 13 to conduct a congressional inquiry into the reported fraudulent bank transactions that have allegedly victimized depositors of BDO Unibank Inc. House of Representatives facade Bayan Muna Representatives Carlos Isagani Zarate,...
Senate Committee on Banks, Financial Institutions and Currencies chair Senator Grace Poe on Sunday urged the Bangko Sentral ng Pilipinas (BSP) to dig deeper into the online banking hacking incident that hounded BDO account holders, saying such incident need to stop in the face of the growing...
Philippine banks have categorically stated that they still strictly require power supply agreements (PSAs) before they will extend loans to power generation projects – be that in the renewable energy (RE) space or other energy technologies. During an Energy Investment Forum, BDO Capital &...