Corporate

A. Soriano Corp., a diversified investment holding company, on Tuesday announced the passing of its vice chairman and director, Eduardo J. Soriano, at the age of 69.

Digido Finance Corp. has signed a memorandum of agreement with PalawanPay, the digital wallet of the Palawan Group of Companies, creating a new avenue for PalawanPay users to access Digido loans directly within the app. This marks a significant development in the digital finance sector, aligning both companies in their mission to enhance financial inclusion across the Philippines.

SM Prime Holdings Inc. reported a record-breaking consolidated net income of P45.6 billion for 2024, reflecting a 14 percent increase from P40 billion in 2023, on the back of a robust growth driven by strong performances across all the business segments of one of Southeast Asia’s largest property developers.

Asia United Bank (AUB) continues to see robust earnings growth, with a 36 percent increase in net income to P11.3 billion in 2024, up from P8.3 billion in the previous year. 

UNICEF Philippines and BDO Foundation have launched a collaborative initiative aimed at expanding educational opportunities for out-of-school children and youth in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). This partnership focuses on the Alternative Learning System (ALS) to provide a second chance for vulnerable adolescents, especially in the provinces of Basilan, Tawi-Tawi, and Maguindanao.