Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
As it continues to traverse rough financial terrain on its operations, Uy-led Phoenix Petroleum Philippines Inc. indicated that it will be pursuing a sale-and-lease back arrangement for its assets with Sy-controlled BDO, which has been its long term go-to bank for credit line. According to Phoenix...
BDO Unibank Inc.'s Board of Directors has elected former Senator Franklin M. Drilon as the bank's independent director. In a disclosure to the Philippine Stock Exchange (PSE), BDO said that the board elected Drilon during its regular meeting held on Wednesday, Oct. 25. Former Senator Franklin M....
The Sy-led BDO Unibank Inc. recorded a 35 percent increase in its net income to P53.9 billion in the first nine months of 2023 compared to P40 billion in the same period in 2022. In a disclosure to the Philippine Stock Exchange (PSE), BDO's total net revenues increased by 21 percent at P195...
Super Pets Club Marketing Manager Hanna Carinna Sy, Pioneer Insurance FVP and Head of Marketing Len Pozon, Pioneer Insurance FVP and Accident & Health Retail Head Jo-I Kapunan, Super Pets Club Marketing Manager Michelle Valero, BDO Insure Vice President Ed Ramirez, and Pioneer Group Head...
SM Investments Corporation (SMIC), the flagship of the Sy family and one of the leading conglomerates in the Philippines, and its banking arm BDO Unibank Inc. came out among Asia’s Outstanding Companies based on a poll by Asiamoney magazine. In a statement, SMIC said it was recently awarded as...
Despite the market’s current weakness, BDO Securities Corporation expects the Philippine Stock Exchange index (PSEi) to surge to 7,700 by the end of the year, based on an average earnings growth estimate of 15 percent. The BDO Unibank Inc.’s stock brokerage is urging investors to take advantage...
BDO Life president and chief executive Renato A. Vergel de Dios. As more and more Filipinos recognize the value of acquiring life insurance protection, BDO Unibank expects bancassurance to remain a steady contributor to its overall business. Bancassurance refers to selling life insurance...
Over four million tech-voc learners are set to benefit from the free online financial literacy course in collaboration with the Bangko Sentral ng Pilipinas (BSP), and BDO Foundation (BDOF), the Technical Education and Skills Development Authority (TESDA) said on Wednesday, June 7. According to...
CATARMAN, Northern Samar – More than 130 students stand to benefit every year from a new three-classroom school building constructed by BDO Foundation and the Philippine Geothermal Production Company Inc. (PGPC) at the Baybay Elementary School here. BDO Foundation and PGPC officials inaugurate a...
The expansion of BDO Network Bank in Casiguran, Aurora last November provided micro-businesses in the area an opportunity to bounce back through access to more financial resources. After coping with the effects of the pandemic, micro, small and medium enterprises (MSMEs) faced another challenge...
For an investment instrument as volatile as stocks, is it still possible to predict how stock prices will move at a given time? Veteran market pundits say this is very much in play, stressing that there is science behind the controlled chaos that is the stock market. During the TradeTalks...
