Tag: BDO

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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.

BDO taps market with ASEAN green bonds

BDO Unibank Inc., the country’s largest lender, will open on Wednesday a nearly two-week public offer of P5 billion in fixed-rate ASEAN Sustainability Bonds, with room to upsize should investor demand prove strong.

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Fortinet names new SVP for Asia Pacific

Global cybersecurity firm Fortinet has appointed Luca Simonelli as senior vice president for the Asia Pacific (APAC) region.

Meralco power rates rise as fuel costs surge

Electricity bills are climbing again in July as higher fuel costs, tighter power supply and increased taxes combined to drive up power rates, underscoring the Philippines' continued exposure to global energy price swings and supply disruptions.

GoTyme Bank hits 10 million users in three years, shaking up traditional banking

GoTyme Bank has crossed the 10-million-user mark just over three years after launching in the country, signaling a massive shift in how Filipinos choose to manage their money.

El Niño’s heat engine keeps Weather full of surprise

When people hear El Niño, they often picture wilting crops, shrinking reservoirs and relentless heat. That's only part of the story. Behind the dry skies is a giant oceanic reshuffling that begins thousands of kilometers away in the Pacific and quietly rewrites weather patterns across the globe.

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