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.
Transportation Secretary Giovanni Lopez has issued a strong warning to transport network companies (TNCs) and past and present transport regulators, after revealing that the number of transport network vehicle service (TNVS) drivers in operation has far exceeded the government-approved cap.
Listed mining company OceanaGold (Philippines) Inc. (OGPI) on Thursday reported turning over ₱2.14 billion as additional government share (AGS) for fiscal year 2025.
The Parañaque City government is expecting stronger economic activity following the full connection of the 7.7-kilometer CAVITEX C5 Link, which now links Cavite and Taguig through a high-speed expressway route.
San Miguel Corporation (SMC) said Thursday its river cleanup program has removed more than 9.12 million metric tons of silt, garbage, and debris from major waterways across the Philippines since 2020. The work is part of its voluntary flood-control effort, called the Better Rivers PH initiative, and is being done at no cost to the government.