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.
Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.
The Philippines is looking to the US for a positive response to measures Manila has taken to address forced labor concerns, as bilateral talks continue over additional tariffs on Philippine exports.
The Department of Agriculture (DA) and the Philippine Carabao Center (PCC) have inaugurated the world’s first laboratory fully dedicated to sex-sorting buffalo semen, marking a major policy and infrastructure milestone to strengthen domestic food security, cut import dependence, and build a self-sustaining local dairy sector.
Food delivery is now part of Filipino daily life, with foodpanda seeing peak lunch and dinner orders, steady weekend demand, and 25.3 percent of late-night deliveries (11 p.m.–4 a.m.) for burgers. Responding to this shift and rising digital payments—49 percent of platform transactions—foodpanda and EastWest have launched their co-branded foodpanda Visa credit card.