BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Co.—the largest, second and fourth largest lenders by assets, according to a central bank report—also reported improvements in their nonperforming loan ratios on the growth of the loan portfolio and the steady or lower nonperforming loans.
A new shared premium lounge at Ninoy Aquino International Airport (NAIA) Terminal 3 has begun operations, welcoming passengers from seven international carriers less than a month after its launch, with more airlines set to join in the coming months.
Globe Telecom Inc. is accelerating the expansion of its fiber infrastructure to keep up with rising demand for high-speed internet, a move it sees as key to its long-term growth.
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has trimmed its outlook for the domestic vehicle market, now expecting sales to decline by 5 to 8 percent in 2026 instead of the earlier forecast of an 8 to 10 percent drop.
Starting July 1, 2026, Maynilad customers will see slightly lower monthly water bills, while rates for Manila Water subscribers will stay the same, according to the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO).