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 Metropolitan Waterworks and Sewerage System (MWSS) on Wednesday assured the public that authorities are fully monitoring Angat Dam’s water situation, even as its level fell below the 160-meter critical mark. As of 8 a.m. Wednesday, data from the National Power Corporation (NPC) recorded the dam’s elevation at 159.9 meters.
Diversified conglomerate Lucio Tan Group (LTG) has partnered with leading renewable energy producer First Gen, marking its strategic move to diversify energy sources and reduce dependence on fossil fuels.
Brokenshire Medical Center (BMC) has officially opened the BMC Heart Institute, a complete cardiovascular care facility that marks a major step in AppleOne Medical Group’s (AMG) efforts to improve healthcare across the Visayas and Mindanao (VisMin) regions.
Aboitiz Power Corporation has officially started construction of its Naga Battery Energy Storage System (BESS), a major facility designed to strengthen power supply stability and meet rising energy demand across the Visayas region.