CASH AGAD partner-stores serve as ATMs in the community stores located far from banks. In the recently concluded community day organized by BDO in several towns of Bataan and Palawan, Cash Agad is one of the services that provided opportunities to MSMEs to further grow and strengthen their earnings. Cash Agad, a financial solution where BDO partners with…
How did Coco Martin, a well-known actor, director, and now brand ambassador of BDO Network Bank, succeed in life?
Unicorn startup Xendit took the stage at a fintech summit to lead the dialogue on how the Philippine finance industry can accelerate the digital economy—and fast, through building payments infrastructure. In line with the Bangko Sentral ng Pilipinas’ (BSP) Digital Payments Transformation Roadmap and its subsequent National Strategy for Financial Inclusion, Xendit has been advocating…
MANILA – Department of Trade and Industry (DTI) Secretary Alfredo Pascual on Monday said his agency’s recent three-week European trip for an investment roadshow has fetched prospects amounting to PHP73 billion. In a briefing with trade reporters in Makati City, Pascual said these positive investment leads came from 16 projects out of 48 that were conveyed…
Bangko Sentral ng Pilipinas (BSP) records show that the Philippines’ foreign direct investments (FDIs) inflow has risen anew to US$876 million in April this year. The figure is higher than the US$548 million FDI net inflows last March but 14.1 percent lower than US$1 billion net inflows last year.The bulk of the investments amounting to US$663 million are placements in debt instruments. BSP records also show…
The Philippine Economic Zone Authority (PEZA) on Monday has approved projects costing P198.8 billion during the first year of the Marcos administration. In its recent report, PEZA said these investment pledges came from 206 projects that registered with the agency from July 2022 to June 2023. Of the 206 projects, 11 were big-ticket ones with capital of at least P1 billion….
In Photo (From Right to Left): Rafael G. Ayuste Jr., Senior Vice President and Head of BDO Trust received BDO’s Gold Award for Investment Fund Company in the 2023 Reader’s Digest Trusted Brand Awards from Sheron White, Advertising and Retail Director of Reader’s Digest. BDO Unibank also won another Gold for Personal/Consumer Loans and Platinum…
The World Bank has recently approved a US$750 million development policy loan (DPL) for the Philippines to help boost its environmental protection and climate resilience. In a statement, the World Bank said the Philippines’ First Sustainable Recovery Development Policy Loan supports ongoing reforms to attract private investment in renewable energy; enhance plastic waste management through reduction, recovery, and recycling; promote green transport,…
The Asian Development Bank (ADB) remains committed to assist the Philippines in rolling out initiatives for clean energy transition. At the sidelines of the Asia Clean Energy Forum (ACEF) 2023 at the ADB headquarters Wednesday, ADB Principal Energy Specialist David Elzinga said the institution is currently doing a feasibility study for the Philippines under the…
The Department of Trade and Industry (DTI) has highlighted the crucial role the Regional Comprehensive Economic Partnership (RCEP) plays to hit the Marcos administration’s export targets this year. Recently, the Export Development Council (EDC) launched the Philippine Export Development Plan (PEDP) 2023-2028, which aims to nearly double the country’s export revenues over the next five years. “RCEP utilization is…
