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 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 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 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 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.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.