BDO Unibank Inc., the country’s largest lender by assets, said Tuesday it P115 billion through its fourth Peso-denominated ASEAN Sustainability Bond issuance, exceeding expectations with a subscription level 23 times higher than its initial P5 billion offering.
Vehicle sales by members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) sank to a 47-month low in April, signaling continued weakness in the Philippine auto market amid a surge in fuel prices following the conflict in the Middle East.
FAST Logistics Group and Department of Trade and Industry Misamis Oriental have expanded their partnership to strengthen logistics support for micro, small, and medium enterprises (MSMEs) in Northern Mindanao, aiming to help local businesses reach wider markets and build more resilient supply chains.
The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.
DHL Express is ramping up its push into heavyweight air cargo with the worldwide rollout of Heavy Weight Express (HWX), a new premium service aimed at businesses needing faster and more dependable delivery for large shipments.