Business Archives - SPEEDPOST NEWS PUBLISHING

BDO, 2GO reaffirm commitment to bring overseas Filipino families closer through exclusive discounts on shipping and travel

SPEEDPOST19 hours ago19 hours ago03 mins

BDO Unibank (BDO) has reaffirmed its partnership with 2GO, the country’s leading logistics and travel services provider, to make connecting with loved ones easier, more affordable, and more heartfelt for Filipinos everywhere. Through this collaboration, BDO Kabayan Savings account holders can enjoy exclusive discounts on 2GO’s shipping and travel services—a shared effort between two trusted…

BDO recorded ₱87.2 billion net income in 2025

SPEEDPOST4 weeks ago4 weeks ago02 mins

Highlights: BDO Unibank, Inc. (BDO) delivered a record net income of ₱87.2 billion in 2025, a 6% increase from ₱82.0 billion last year driven by the solid performance of its core businesses. Return on Average Common Equity (ROCE) was reported at 14.4% for the period. Net Interest Income increased by 9% as Gross Customer Loans…

Two decades abroad, one million reasons to celebrate: OFW wins big with BDO

SPEEDPOST1 month ago1 month ago03 mins

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…

BDO’s ASEAN Sustainability Bond supports livelihood opportunities for Filipino riders

SPEEDPOST2 months ago2 months ago02 mins

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….

AMLC secures more freeze orders on suspected P11.7-B “kurakot” assets

SPEEDPOST4 months ago4 months ago02 mins

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,…

SSS exec cites high resolution rate vis-à-vis public complaints

SPEEDPOST4 months ago4 months ago02 mins

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…

Big-time diesel prices rollback anticipated next week

SPEEDPOST4 months ago4 months ago02 mins

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…

S&P affirmation of PH’s credit ratings pushes PSEi, PHP up

SPEEDPOST4 months ago4 months ago01 mins

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…

DTI optimistic about sustained exports’ growth

SPEEDPOST4 months ago4 months ago01 mins

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…

BDO net income reaches ₱63.1 billion in 9M 2025

SPEEDPOST5 months ago5 months ago01 mins

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%…