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.
Semaglutide has become one of the biggest success stories in obesity treatment, helping many patients lose 15 percent to 20 percent of their body weight. But new research suggests the celebrated weight-loss drug may come with an overlooked trade-off, at least in mice, by temporarily weakening bones even more than dieting alone.
Philippine agriculture gathered momentum in the second quarter as all four major farm subsectors expanded, signaling a broader recovery that could bolster food supply and help temper inflation despite persistent climate and animal disease risks.
OceanaGold (Philippines) Inc. more than doubled second-quarter profit as soaring gold prices more than compensated for lower production, highlighting how a buoyant bullion market continues to shield miners from operational headwinds.
China Banking Corp. posted another solid quarter, with first-half earnings rising 11 percent as robust loan growth, stronger interest income and healthier asset quality offset higher operating expenses.