Wednesday, November 5, 2025
Wednesday, November 5, 2025

Corporate Roundup: June 20, 2024

BDO is PH’s Top Cash Management Provider for 6th year

BDO Unibank Inc. (BDO) secured its sixth consecutive win as the Best Cash Management Service Provider in the Philippines at The Asset Triple A Treasurise Awards 2024 in Hong Kong. BDO’s Cash Management Services (BDO CMS) was recognized for consistently providing tailored solutions to help emerging start-ups to large-scale businesses effectively manage their cash flow, liquidity, and financial resources.

Sharlene Soo, FVP and country head of BDO Hong Kong, receives the award.

A specific market gap that BDO CMS aims to address is the challenge that ails many of the biggest retailers in the Philippines. The challenge of finding the right bank partner with both the experience and the scale to address their heavy cash servicing requirements and the expertise to ease the difficult task of reconciling payments.

“We make sure to have consistent conversations with our clients to understand what they need. Depending on where they are in their treasury journey, we assess and offer solutions that will best optimize their cash flow. We leverage on the scale of our physical footprint nationwide and the available technology at our disposal to enable our clients to manage their day-to-day operations and cash cycles with greater efficiency,” said Carlo Nazareno, SVP and head of BDO Unibank’s CMS.

BDO CMS continues to innovate its services, from improving the interoperability of BDO Online Banking, the Bank’s secure online banking platform for corporates, to expanding area coverage of cash services like Deposit Pick-ups, Motorized Cash and Check Pick-ups and Corporate Cash Deposit Machines.

BPI Private Wealth named Ph’s Best Private Bank

BPI Private Wealth was honored as the Best Private Bank in the Philippines at the prestigious Global Private Banking Innovation Awards 2024 in a ceremony held at the Corinthia London, UK last June 5.

BPI Wealth President and CEO, Maria Theresa Marcial (third from left) with BPI Wealth Team during BPI Private Wealth’s launch

This recognition highlights BPI Private Wealth’s exceptional service, deep understanding of the local and global markets, and its strategic approach to wealth management with the BPI Private Wealth Signature Experience, a standard of service excellence offering tailored solutions and exclusive elevated experiences for its clients. Anchored on four pillars — banking, investing, planning, and living, this innovative approach reflects BPI Private Wealth’s commitment to go above and beyond for its clients, setting them apart in the competitive landscape of private banking in the Philippines.

Aside from bagging the major country award, BPI Private Wealth’s NextGen Wealth Elite Academy, a comprehensive and immersive internship program, was also recognized as the Philippines’ Best Offering for NextGen.

The BPI Wealth Multi-Family Office also received a Highly Acclaimed citation for its innovative approach to wealth management and comprehensive planning.

CCIP president Christine Michelle Reyes of Amway Philippines receives the award.

CCIP global cosmetics industry contributions award

The Chamber of Cosmetics Industry of the Philippines (CCIP) received the Global Cosmetics Industry Contributions Award along with other Asean cosmetics industry associations during the 2024 International Congress of Cosmetic Science and Technology at the Kerry Hotel in China.

The International Congress of Cosmetic Science and Technology serves as the incubation and transformation platform for cosmetic science and technology.

Primex appointment

Publicly listed developer Primex Corp. announced the appointment of Antonio Abacan, Jr. as an independent director to its board.

Abacan brings a distinguished career to this role, having held key executive positions and served on the boards of directors of various Metrobank Group companies. He served as a Monetary Board member at the Bangko Sentral ng Pilipinas. His extensive background in these influential organizations positions him as a valuable asset to Primex.

New products from Purefoods

Purefoods launched in the market easy-to-prepare fish and shrimp products.

Purefoods Seafood Delights

Purefoods Seafood Delights are ready to cook and can be prepared in 15 minutes.

Packed in 200-gram servings, the line includes Shrimp Tempura P220; Squid Rings, P185; Fish Nuggets, P125 and; Tail-On Shrimp, P205.

Hershey Ph enters new segment

The Hershey Company in the Philippines has launched its newest indulgence, Hershey’s Choco Balls, creamy, bite-sized chocolates, filled with crunchy cookie pieces.

Hershey’s Choco Balls are poised to become a favorite among Gen Z and millennials, offering a perfect blend of creamy and crunchy textures for an uplifting snacking experience.

With the introduction of Hershey’s Choco Balls, Hershey is further enhancing its snacking portfolio. These come in two delightful flavors — Cookies N Crí¨me (white) and Cookies N Chocolate (milk) — and are available in a convenient 36g size.

To celebrate the launch, Hershey’s welcomed 1,500 visitors to an iconic event at the Ayala Trinoma Activity Center in Quezon City on Saturday, June 15.

“Hershey’s Choco Balls marks our entry into the growing hand-to-mouth snacking segment, delivering a unique creamy-crunchy sensorial experience to Filipino consumers,” said Luigi Mirri, General Manager for APAC and India at The Hershey Company.

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