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.
Alliance Global Group, Inc. (AGI) has formalized a partnership with First Gen Group to transition the power supply of its major properties and facilities across the country to renewable energy, marking a key step in the conglomerate’s sustainability and climate goals.
The Department of Transportation (DOTr) is accelerating the expansion and modernization of major airports nationwide, a policy drive designed to accommodate larger aircraft, raise passenger volumes, and bring down airfares for travelers and commuters.
A prayer rally opposing the proposed joint venture between South Cotabato II Electric Cooperative (SOCOTECO II) and IGNITE Power drew only about 2,000 participants on Saturday, indicating limited resistance to the partnership.