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 Energy Regulatory Commission (ERC) approved the recovery of P31.34 billion by four power generation companies following the termination of five power supply agreements (PSAs) with Manila Electric Co. (Meralco) due to a change in circumstances.
The Philippine Rice Research Institute (PhilRice), under the Department of Agriculture, is warning rice farmers to prepare for possible pest infestations in the first quarter of 2026, based on trends seen over the past five years.
Dominion Holdings Inc. (DHI) is heading toward a possible ownership reshuffle after the company disclosed that Monte Sur Equity Holdings Inc. intends to launch a tender offer for all remaining DHI shares held by the public.