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 to...
The Securities and Exchange Commission (SEC) has approved the merger of BDO Unibank Inc. and its wholly-owned subsidiary, The Podium Complex (formerly SM Keppel Land Inc.), with the bank as the surviving entity. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the merger,...
BDO Corporate Center Makati, the towering exoskeleton building (Artist's perspective)Scheduled to be completed in 2028, the BDO Corporate Center Makati will stand as a landmark skyscraper in the heart of the Makati Central Business District (MCBD). On November 15, 2024, BDO Chairperson...
SM Investments Corporation, the flagship of the Sy family, reported a nine percent growth in consolidated net income to P60.9 billion in the first nine months of 2024 from P55.9 billion in the same period last year on stronger earnings of its banking and property units.In a disclosure to the...
Sy-led BDO Unibank Inc., the country’s largest bank, is expanding its footprint in Metro Manila with a recruitment drive for experienced branch officers. BDO is seeking individuals with a minimum of five years of experience in branch banking operations. Ideal candidates are passionate about...
