SM Investments Corp. (SMIC), the holding firm of the Sy family, on Wednesday said its income grew 9 percent to P20.1 billion in the first quarter, from last year’s P18.4 billion, as most of its units performed well during the period. Consolidated revenues in January to March rose 6 percent…
ABOITIZ Equity Ventures Inc., the holding firm of the Aboitiz family, announced last Tuesday it is exercising its early redemption option to redeem all of the firm’s outstanding 3.5 years fixed-rate retail bonds issued on December 7, 2022. The company said the paper has a principal amount of P9.1 billion,…
(Bloomberg) -- Philippine lenders are prepared to bankroll the Southeast Asian nation’s military modernization bid including the purchase of missile systems, ...
RECOGNIZING the vital role of infrastructure in national progress, BDO Unibank Inc. (BDO) remains committed to supporting projects that advance essential services and drive sustainable growth. Through its participation in the Ninoy Aquino International Airport (NAIA) modernization, BDO helps transform the Philippines' primary gateway and enhance economic opportunities.
BDO Unibank Inc. (BDO) has signed a memorandum of understanding (MOU) with the Philippine Economic Zone Authority (PEZA), reinforcing their shared commitment to accelerating foreign investments and economic growth in the country.
PASAY CITY, Philippines, March 27, 2025 /PRNewswire/ -- SM Investments Corporation (SM Investments) marked two decades of transformative growth as a publicly-listed company on the Philippine Stock Exchange.
LOPEZ-LED First Philippine Holdings Corp. (FPH) on Tuesday said that it had signed a 10-year, P10-billion term loan agreement with BDO Unibank Inc. to fund general corporate and other working capital requirements.
PR NewswirePASAY CITY, Philippines, March 20, 2025
PASAY CITY, Philippines, March 20, 2025 /PRNewswire/ -- SM Investments Corporation (SM Investments), the
GLOBE Telecom Inc. has obtained P20 billion in term loan facilities with two local banks to fund its capital expenditures (capex) this year and refinance debt.
Razon-led Bloomberry Resorts Corp. on Wednesday said it signed with a group of banks a P40 billion syndicated refinancing facility. The said loan will be used to refinance the existing P40 billion syndicated term loan facility obtained in February 2019 to partially finance the construction of Solaire Resort North in…
PR NewswirePASAY CITY, Philippines, Feb. 6, 2025
PASAY CITY, Philippines, Feb. 6, 2025 /PRNewswire/ -- SM Investments Corporation (SM Investments), the par
FILIPINOS in Japan can continue sending their remittances to their families through the International Money Transfer app of Seven Bank Ltd. on their mobile phones after it and BDO Unibank Inc. (BDO) renewed their partnership in delivering convenient and round the clock remittance transfer money from Japan to the Philippines.…
SY family-led BDO Unibank Inc.'s first Asean Sustainability Bond (ASB), issued in January 2022 and which raised P52.7 billion, financed 37 projects under the green and social eligible categories of the bank's sustainable Finance Framework.
The country’s top power firms have achieved financial close for their liquefied natural gas (LNG) facility which recently received the green light of the government’s competition watchdog. In separate disclosures, the Manila Electric Co. (Meralco), San Miguel Corp. (SMC), and Aboitiz Power Corp. said their subsidiaries have completed the financial…