Tag: BDO

Manila, Philippines – BDO Unibank, Inc. has forged a partnership with logistics provider Mober to finance its new electric vehicle trucks and promote eco-friendly logistics.

Mober has been leading efforts towards sustainable solutions through green logistics, committed to global net-zero. BDO’s move to finance its vehicles is a step to solidify its commitment to green financing and sustainability. 

Mober’s sustainability efforts are supported by its ‘Battery Management System,’ which monitors its vehicles’ battery health and performance in real-time. This enables the company to predict necessary maintenance and extend the vehicles’ lifespan.

Additionally, Mober uses a ‘Transport Management System’ that optimises its delivery routes to reduce energy consumption and emission. While championing sustainability, it also provides better service for its clients.

Among Mober’s client portfolio are IKEA, Nestlé, Maersk, Monde Nissin, Starbucks, and Kuehne+Nagel.

Mober is also set to launch a new charging hub for electric vehicles in Pasay City by January 2025.

“This is a historic milestone not just for Mober but for the entire logistics industry in the Philippines. With the addition of these 60 EV trucks, our fleet now stands at 110 units, bringing us closer to our goal of 240 units by the end of the first quarter of 2025. Supported by our proprietary Battery Management System (BMS) and Transport Management System (TMS), we’re ensuring not only sustainability but also efficiency and reliability for our clients,” Dennis Ng, chief executive officer of Mober, said.

“We remain committed to supporting eco-friendly initiatives and innovative businesses that nurture the environment and present opportunities for economic growth. This partnership with Mober reinforces our shared commitment towards a greener, more sustainable future,” Charles M. Rodriguez, executive vice president and head of BDO Unibank’s Institutional Banking Group, said.

Manila, Philippines – Local telecommunications company PLDT and banking brand BDO are leading the most valuable brand’s list in the Philippines, according to the latest ranking from brand valuation consultancy Brand Finance.

According to the list, PLDT is the most valuable brand in the Philippines in the rankings this year, powered by a 2% increase in brand value to US$2.6b. PLDT’s brand performance contributed to the brand capturing a higher market share of the fiber industry, which led to a 45% improvement in year on-year revenue.

Meanwhile, BDO led the charge as the most valuable banking brand (brand value up 49% to US$2.2b), followed by Bank of the Philippine Islands (brand value up 8% to US$1.3b) and Metrobank (brand value up by 4% to US$1.1b). 

The banking sector also saw five new entrants make our rankings this year – Union Bank of the Philippines (brand value at US$557.28b), Security Bank (brand value at US$331.44m), Chinabank (brand value at US$278.29m), RCBC (brand value at US$246.02m) and Philippine National Bank (brand value at US$234.69m).

Other leading brands include telco Globe (US$2.0b brand value), fast food chain Jollibee (US$1.6b brand value), electric provider Meralco (US$0.9b brand value), gas corporation Petron (US$0.7b brand value), and retail chain Puregold (US$0.6b brand value).

Meanwhile, Jollibee is the fastest-growing brand in the rankings, recording a rise in brand value by 53% to US$1.6 billion. It leaped three positions to 4th place while retaining a corresponding brand strength rating of AA-. Consequently, its financial performance improved, coupled with greater consumer spending after the pandemic.

Alex Haigh, managing director for Asia-Pacific of Brand Finance, said, “This year, we would like to congratulate PLDT, Globe Telecom and Jollibee for topping Brand Finance’s Top 20 Philippines brands rankings as our most valuable, strongest and fastest growing brand respectively. We also see success in the nation’s banking sector, as banking brands’ investments to digitalise and improve customer experience have resulted in brand value growth across all brands in the sector.”