More than two decades of hard work overseas—and a lifelong habit of disciplined saving—came full circle for Benedicto Marra, 62, an overseas Filipino worker based in Saudi Arabia, after he emerged as the grand draw winner of 1 Million BDO Rewards Points under BDO Unibank’s Save Your Way to a Million Rewards Holiday Raffle Promo. A mechanic and heavy…
Through its partnership with Unistar Credit and Finance Corporation, a nationwide financing company, BDO Unibank (BDO) has supported 68,409 workers to acquire motorcycles used for delivery, logistics and transport services. These units were purchased through Transcycle, Unistar’s motorcycle retail brand with 280 branches, 55% located in Visayas and Mindanao, reflecting a strong presence in underserved areas where access to credit remains limited….
The Anti-Money Laundering Council (AMLC), has secured more freeze orders covering around P11.7 billion worth of assets of high-ranking incumbent and former government officials and individuals allegedly involved in the scandalous flood control projects that are now under investigation. In a recent press release, the AMLC said it has secured freeze orders covering 230 bank accounts,…
MANILA – The Social Security System (SSS) is addressing complaints they receive with about 99.3 percent resolution rate, an official said Thursday. This, after data presented by the Anti-Red Tape Authority (ARTA) during a recent budget hearing in the Senate showed that SSS is among the government agencies with most complaints in the first eight months…
MANILA – Domestic diesel prices are seen to decline by as much as P3.20 per liter next week resulting from the easing worries over the Russia-Ukraine war since the US seems firm on hammering out a peace deal. Citing price movements as of Thursday, Jetti Petroleum president Leo Bellas said diesel prices may be rolled back…
By Joann Villanueva MANILA – S&P Global Ratings’ affirmation of its investment-grade rating for the Philippines on Thursday has benefited both the Peso and the local bourse. The credit rater, in a report, noted the slowdown in government spending due to investigations into flood control projects, but believes it is only temporary. Thus, it also maintains…
MANILA – Philippine exports sustained its double-digit growth in October as it recovered from the impact of United States’ trade policies. Data released lately by the Philippine Statistics Authority showed a 19.4% annual jump in exports to USD7.30 billion, against USD6.2 billion during the same period last year.In September, exports increased by 16.2 percent to USD7.25…
Bank reports consistent earnings growth; loans Up 14%, asset quality stable BDO Unibank, Inc. (BDO) recorded a net income of ₱63.1 billion in the first nine months of 2025, an increase by 4% from ₱60.6 billion last year due to sustained performance of its core business segments. Return on Average Common Equity (ROCE) stood at 14.1%…
CITY OF MALOLOS – Delegates from the Philippine Chamber of Commerce and Industry in Japan (PCCIJ)received a warm welcome from the Provincial Government of Bulacan during their Economic Mission, themed “Exploring Synergies, Building Strategic Partnership,” held earlier today at the Benigno S. Aquino Jr. Session Hall here. Composed of Japanese business leaders and company owners,…
The Securities and Exchange Commission (SEC) has warned the public to take “the highest degree of caution” against scamming persons and groups offering alleged assistance via various online platforms. In a statement, the SEC said the offers for help are made through “Facebook pages, online groups, and other social media platforms”, and are “in fact,…
