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.
State-run Land Bank of the Philippines is eliminating convenience fees on select online government payments until the end of 2026, a move aimed at lowering transaction costs for Filipinos while accelerating the shift toward digital public services.
The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
Metro Pasay Hospital and Medical Center, Inc. has teamed up with PLDT Enterprise to boost its digital infrastructure, aiming for smoother operations and better patient care.
Insular Life (InLife) delivered a strong top-line performance last year, with revenues surging to P36 billion as the insurer reaped gains from higher premium collections and the integration of Generali Philippines, now operating as InLife Benefits.