From left: Dr. Kenji M. Asano, Jr., MOHS senior vice president and group chief financial officer; Remedios A. Rivera, Remed chairman and president; and Michael B. Hortaleza, MOHS chairman and chief executive officer and Jocelyn M. Aberin, Remed vice president for operations In pursuit of its strategy of vertical integration of its flagship healthcare and…
MANILA – Ayala Corporation (Ayala) has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Company (Metrobank), marking another milestone in a relationship that has spanned more than three decades. The loan facility supports Ayala’s strategic financing initiatives for its ongoing commitments and investments in emerging portfolios, namely, technology…
beep™ operator AF Payments, Inc. (AFPI) and the Clark Development Corporation (CDC) launch the Clark Loop bus operations with a fully cashless Automated Fare Collection System. Gracing the event are Sharon Fong, COO – AFPI; Joshua “Jake” Bingcang, Pres. and CEO – Bases Conversion and Development Authority (BCDA); Jesus Ferdinand “Andy” Ortega, Undersecretary for Road…
In Photo: Candice Lee, Manager of Institutional Banking of BDO Singapore; and Sonny Marpuri, First Vice President and Head of Accounting & HR of BDO Singapore received BDO Capital’s awards from Nick Atkinson, Contributing Editor of Asian Banking & Finance magazine. BDO Capital won the Corporate and Investment Bank of the Year, Project Infrastructure Finance Deal of the…
BDO Unibank has introduced a new, easy-to-remember hotline number to streamline customer support across the Philippines. Clients can now reach banking assistance anytime via the updated 24/7 hotline at (+632) 8888-0000. For those using PLDT or Globe landlines, the domestic toll-free number is #8888-0000, while international clients can contact the bank at +800-8-CALLBDO (2255-236). The revamped hotline…
BDO Unibank, Inc. (BDO) manages its greenhouse gas emissions and energy consumption by retrofitting its old buildings, beginning with its historic Dasmariñas – Binondo building in Manila. This effort, designed to boost energy efficiency, has not only yielded substantial cost savings but also stands as a compelling illustration of the advantages that retrofitting older buildings can…
FIRST CABLE CAR. Department of Transportation (DOTr) Undersecretary Timothy John Batan presents the agency’s projects and programs during the Build Better More Infrastructure at the National Government Administrative Center at New Clark City in Capas, Tarlac on Thursday (July 11, 2024). Batan said the country’s first cable car service may operate in 2028. (PNA photo by…
The country’s automotive industry has posted 226,279 vehicle units sales in the first half of the current year or 11.8% higher than the 202,415 units recorded in the same period in 2023. The joint report of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) shows that both sales of passenger cars and commercial vehicle segments have increased in…
The Board of Investments (BOI) has approved nearly PHP1 trillion worth of projects in the first six months of the year. In a statement, the agency said the approved projects’ total value amounting to P950 billion is 36% higher than the P698 billion approved in the same period in 2023. The BOI targets P1.3 billion to P1.5…
The Bangko Sentral ng Pilipinas (BSP) has reminded the public to be more vigilant against scams using artificial intelligence (AI) to create or manipulate fake videos and audio to make them appear more believable. “Perpetrators of these fraudulent activities post AI-manipulated content on social media to spread false information about organizations, officials, and persons, including the central…
