Category: BUSINESS
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PDIC highlights enhanced depositor protectionat RBAP regional roadshow
The Philippine Deposit Insurance Corporation (PDIC) reaffirmed its commitment to sustaining public trust in the banking system during the Region 9 leg of the Rural Bankers Association of the Philippines (RBAP) Angel Network Roadshow in Dipolog City on July 28- 29, 2025. Representing the PDIC, Vice President Jose G. Villaret, Jr. (Corporate Affairs Group) explained…
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Dengue cases up 40% — affordable protection now available for as low as ₱1/day
The rainy season may bring a welcome break from the scorching summer, but it also comes with its own set of challenges. From worsening traffic to flu season to higher incidence of dengue. Peak season for dengue infection is reported to be from June to November each year. That’s because dengue-carrying mosquitoes, like Aedes aegypti,…
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FFCCCII Leads Major Food Aid Distribution Across Storm-Hit Regions
MANILA — Demonstrating swift solidarity, the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) and allied civic groups have rallied ₱10 million in emergency aid for communities devastated by recent catastrophic typhoon flooding nationwide. The initiative, coordinated under the Pilipino at Tsino Magkaibigan Foundation, saw among its on-going major deployments on July…
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Empowering Filipino Farmers BDO Foundation’s “KITA Mo Na!” bags financial inclusion award
KITA (Kapital at Ipon Tungo sa Asenso) Mo Na!—a financial education program of BDO Foundation—was recognized as Financial Inclusion Initiative of the Year at the Asian Banking & Finance (ABF) Retail Banking Awards 2025. The program aims to support the agricultural sector by improving the financial literacy, productivity, and income-generating capabilities of farmers nationwide. This ongoing program…
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BDO raises ₱115B ASEAN Sustainability Bond, 23x above target in just 4 days
BDO Unibank, Inc. (“BDO” or the “Bank”) successfully raised PHP 115 billion for its fourth Peso-denominated ASEAN Sustainability Bond issue, twenty-three times oversubscribed against the original offer of PHP 5 billion. The public offer period was set to run for two weeks, from July 9 to 22, 2025. The issuance saw robust participation from both retail…
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BDO delivers ₱40.6B net income, grows core biz despite heavy investments
We find ways. BDO Unibank reported a net income of ₱40.6 billion in the first half of 2025, up 3% from ₱39.4 billion last year. Highlights: · Earnings growth sustained, driven by strong performance of core businesses, tempered by investments in market coverage and improving capacity for operational efficiency · Gross loans expanded by 14% on double-digit growth across…
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Creditors of Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. have 1 week to file claims against bank’s assets – Deadline set on August 4
The Philippine Deposit Insurance Corporation (PDIC) reminded creditors of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. that they only have until August 4, 2025, to file their claims against the bank’s assets. PDIC reiterated that claims filed after said date shall be disallowed. Creditors refer to any individual or entity with…
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PHLPost swiftly deploys mail trucks to deliver DSWD humanitarian assistance
In line with President Ferdinand “Bongbong” Marcos Jr.’s call to aid disaster recovery efforts following the onslaught of heavy rainfall caused by the southwest monsoon (habagat), the Philippine Postal Corporation (PHLPost) has dispatched two (2) ten wheeler trucks to pick-up 3,400 food packs at the DSWD warehouse in Metro Manila bound for distribution to affected…
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Promoting Local Livelihoods in Sagay, Camiguin through PORTASOL
The Department of Science and Technology (DOST) Camiguin, led by Provincial Science and Technology Director Joanne Katherine R. Banaag, conducted a monitoring activity on July 4, 2025, to assess the performance and impact of the Portable Solar Speed Drying Trays (PORTASOL) deployed in Sagay, Camiguin. This initiative aims to empower local micro-entrepreneurs by enhancing productivity…
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Japenese firms engage BDO to advance trade and talent ties
As Japanese companies diversify their international footprint to drive regional growth, BDO Unibank Inc. (BDO) reinforced its commitment to supporting foreign investors by hosting a delegation from the Kyoto Employers Association (KEA) at BDO Makati headquarters. Organized in collaboration with the Philippine Trade and Investment Center in Osaka, the visit was part of KEA’s first business mission to the Philippines.…