Tag: BDO

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Seven Philippine firms land on  Forbes Global 2000

Seven Philippine companies earned places in the 2026 Forbes Global 2000, with SM Investments Corp. emerging as the country’s highest-ranked firm, highlighting the resilience of the nation’s corporate giants amid a volatile global business landscape.

Globe secures P5B loan to fund growth

Globe Telecom has secured a P5-billion term loan facility from BDO Unibank, providing additional financial flexibility to support network investments, refinance existing obligations, and meet general corporate funding requirements as demand for digital services continues to rise.

BDO, Palawan link to broaden payments

BDO Unibank has partnered with the Palawan Group of Companies to expand access to payment and collection services nationwide, leveraging the pawnshop giant’s physical footprint and growing digital ecosystem.

Manila Water locks in P27B loan for Wawa acquisition

Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.

BDO sells Dominion Holdings stake for P2.54B

BDO Unibank Inc. has signed a Share Purchase Agreement with Monte Sur Equity Holdings Inc. for the sale of 1.51 billion shares, equivalent to a 70 percent stake, in Dominion Holdings Inc. (DHI), as the bank continues to streamline its corporate structure.

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Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

Crescendo set to benefit from SCTEX Luisita expansion

Ayala Land’s Crescendo estate is poised to benefit from the expansion of the SCTEX Luisita Interchange, as improved connectivity strengthens Tarlac’s position as an emerging growth center in Central Luzon.

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

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