BDO Unibank, Inc. is launching a peso‑denominated Fixed‑Rate Sustainability Bond offering with a minimum issue size of P5 billion, the fourth such issuance of the country’s largest lender by assets controlled by the Sy Group.
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.
The Anti-Red Tape Authority (ARTA) is calling for coordinated regulatory reforms across Southeast Asia to reduce business compliance costs, improve government efficiency and make the region more attractive to investors, as ASEAN economies face pressure to strengthen competitiveness and ease cross-border trade.
Congress has been reminded that the national budget is not a wish list, a political buffet, or an ATM where lawmakers can increase the withdrawal limit simply because the money looks lonely.
The Authority of the Freeport Area of Bataan (AFAB) is moving to tighten oversight of private port facilities following a Supreme Court ruling affirming its exclusive regulatory authority within the freeport and its expansion areas, as rising vessel traffic adds urgency to the implementation of a unified framework.
DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.