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.
Nickel Asia Corp. (NAC), through its renewable energy arm Emerging Power Inc. (EPI), aims to raise its total operational power capacity to 458 megawatts (MW) by the end of 2026, up from 293 MW expected by end-2025.
STI Education Systems Holdings Inc. expects student enrollment to decline further as the ongoing conflict in the Middle East affects Filipino families’ finances, its chairman Eusebio H. Tanco said.
The Department of Energy (DOE) plans to speed up the entry of 22 renewable energy (RE) projects that will add about 1,471 megawatts (MW) of power to the grid by next month.