SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
BDO Unibank, Inc. (BDO) delivered P21.4 billion in profits in the first six months of 2021 on the back of a strong sustainable earnings stream and normalized provisions. In a disclosure to the Philippine Stock Exchange, the bank said customer loans remained flat at P2.3 trillion compared to the...
BDO Unibank and American Express are launching the BDO American Express Virtual Card which gives cardholders greater control over online spending and offers an additional layer of account information security. In a statement, BDO said the virtual card is linked to the Amex member’s primary card...
BDO Unibank advises its clients how to spot scams and avoid being victimized as it notes that the schemes being employed are getting to increasingly appearing to be more “authentic” and sophisticated. The bank thus made a list of six useful tips to keep the clients safe when making transactions...
In celebration of Migrant Worker's Day, BDO Unibank’s remittance service brand BDO Remit recently donated hygiene kits to the community pantry set up by Philippine Overseas Employment Administration's (POEA). “AS COVID-19 continues to adversely impact the lives of millions of Filipinos here and...
Six Philippine companies, led by the Sy family’s SM Investments Corporation and BDO Unibank, made it to Forbes Magazine’s 19th annual Global 2000 list. The list is an international ranking of the world's biggest, most-powerful and most-valuable companies based on an analysis of four metrics:...
WorldRemit, a leading international cross-border payments company, has expanded its longstanding partnership with BDO Remit—the remittance service brand of BDO Unibank. Through this expanded partnership, recipients of money transfers in the Philippines can now receive payment straight to their...
Trading this week will be influenced by the release of economic data, including the much-awaited gross domestic product (GDP), as well as more first quarter earnings reports. “Market sentiment may still have a bearish bias as investors continue to adjust their economic recovery expectations, from...
Philippine National Bank, one of the country’s major banks, is ranked as the best company for professionals to growth their careers, according to the Linkedin’s 2021 Philippines Top Companies List. LinkedIn, the online professional network, published its list of the 2021 LinkedIn Top...
BDO Unibank and its partner American Express are coming together to support local businesses, those hit hardest by the pandemic, by bringing the credit card company’s global Shop Small movement to the Philippines. To encourage shoppers to patronize local businesses, BDO and American Express...
The local stock market is seen to remain volatile this week due to the upcoming release of earnings results of some index heavyweights as well as the inflation figure for February. “Inflation expectations are expected to be one of the main drivers of the market ahead of the release of the...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
