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BDO 9-month net profit soars35% on loan, deposit growth

BDO Unibank Inc., the Philippines’ largest lender by assets, said net income in the nine months through September surged 35 percent year-on-year to P53.9...

Seven big-name entities bid for the P170-B NAIA rehab contract

The Department of Transportation (DOTr) on Wednesday said seven groups look to win the P170.6 billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.

Manila gives up on Beijing as ODA source for rail project

The Department of Transportation (DOTr) on Wednesday ruled out looking immediately west of Malacanang as source of sub-market loans or official development assistance (ODA) for the Mindanao Railway Project that China has apparently abandoned.

Ex-Senator Drilon joins BDO’s board as director

Former Senate President Franklin Drilon is joining the board of BDO Unibank Inc. as independent director, the country’s largest bank by assets said Wednesday.

Concepcion Industrial income rises 64% on strong 3Q income

Concepcion Industrial Corp., known for its refrigerators and air-condition appliances, reported income over three quarters in September rising 64 percent to P489.34 million from last year’s P297.72 million, as sales exceeded pre-pandemic levels.

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Ports, proximity shape Philippines’ diverging trade flows

The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.

Converge completes nationwide digital network, boosting PH as global tech hub

Fiber broadband provider Converge ICT Solutions Inc. announced it has completed its National Digital Infrastructure, a major network designed to support advanced technologies and boost the country’s role in the global digital economy.

SMC offers toll rebates for PUVs, trucks on SLEX, STAR

San Miguel Corporation (SMC) Infrastructure will roll out a two-month toll rebate program for select public utility vehicles (PUVs) and cargo trucks using the South Luzon Expressway (SLEX) and STAR Tollway.

SGEN switches to renewable energy for schools

The Southville Global Education Network (SGEN), a group of schools from early childhood to postgraduate level, has shifted to renewable energy for its power needs through a partnership with First Gen, the country’s largest renewable energy provider.
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