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.
Aboitiz Foundation and GCash have partnered on the CarbonPH x GForest Project, a five-year initiative to restore 1,200 hectares of forest and coastal areas in Balamban, Cebu, planting one million trees while reviving ecosystems, supporting communities, and strengthening climate resilience.
Movem Electric, Inc., Meralco’s fully owned end-to-end electric mobility provider under Manuel V. Pangilinan, has turned over two all-electric shuttles to Barangay Bel-Air, Makati City.
Alliance Select Foods International Inc. is set to receive a P660-million equity infusion from its parent company as it moves to clean up its accumulated deficit and overhaul its capital structure.
The Malampaya Foundation Inc. (MFI), the social development arm of the Malampaya gas project joint venture, has launched two community-run enterprises in Oriental Mindoro—combining steady livelihoods for local residents with ongoing marine conservation work.