Tag: BDO

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BDO draws strong demand for oversubscribed dollar notes

BDO Unibank Inc., the country’s largest lender controlled by the Sy Group, has successfully priced its USD500 million, five-year Fixed Rate Senior Notes, raising fresh medium-term funding to support its lending operations and liability management program.

BDO names Rene Morta to senior IT post

BDO Unibank Inc., the country’s largest lender and a key member of the Sy Group, has appointed veteran banker and IT strategist Rene Morta as senior vice president for IT Initiatives under the office of the bank’s president. The appointment takes effect on October 16.

SMIC sees shares as undervalued amid growth prospects

SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.

BDO raises P115B ASEAN Sustainability Bond offer

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.

BDO 1H profit rose despite higher costs

BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.

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NGCP raises yellow alert over Visayas grid for seventh time this month

The Visayas power grid was placed under a yellow alert today, Tuesday, marking the seventh alert issued in the region this month due to ongoing power plant outages and reduced electricity supply.

NGCP gets ERC nod for Laoag power stability project

The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) proposed P2.79-billion Laoag power quality improvement project in Ilocos Norte.

TPB secures ₱339.76 million in tourism leads from India roadshow

The Philippines generated ₱339.76 million in sales leads after a three-city tourism sales mission in India following its participation in the Outbound Travel Market (OTM) 2026 in Mumbai.

Foreign reserves stay strong at $104.3 billion despite April payments gap

The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.

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