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.
The Philippines will showcase investment opportunities across the critical-minerals value chain at Australia’s largest mining conference, seeking to attract capital that can transform its mineral resources into higher-value industries and strengthen its position in global supply chains.
The Bangko Sentral ng Pilipinas has launched a new book titled “Bahandi: The Surigao Treasure and Related Finds”at its head office in Manila. The publication shines a spotlight on extraordinary pre-colonial gold artifacts, revealing the rich cultural heritage and advanced civilization of early Filipinos long before the arrival of Spanish colonizers.
The Department of Agriculture (DA) has welcomed a $34.1-million (approx. ₱2.1-billion) grant from the United States government aimed at boosting the Philippine ube industry and connecting local growers to expanding international food and beverage markets.