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.
OpenAI is bringing ChatGPT Ads to the Philippines, giving businesses a new way to reach consumers as they research products, compare options and make buying decisions through AI.
The Bureau of Internal Revenue (BIR) is taking its digital tax reforms to regional offices next month while developing an artificial intelligence-powered assistant designed to make decades of tax rules easier to search and understand.
AREIT Inc. is broadening its retail and hospitality exposure through a P17.3-billion property infusion from Ayala Land Inc. (ALI), a move expected to diversify its income base and create additional room for dividend growth.
The Bureau of Fisheries and Aquatic Resources (BFAR) is rolling out salt production projects here to turn the area’s rich seawater into extra income for residents.