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 Department of Information and Communications Technology (DICT) said Wednesday two US-based satellite internet providers are expected to begin operations in the Philippines within the year, signaling a major push to improve internet access and lower connectivity costs nationwide.
Globe Telecom said it has fully restored mobile and broadband services in Metro Manila and parts of Luzon after a major network disruption caused by multiple fiber optic cable cuts on May 12.
FinVolution Group is making its mark in the Philippines with the launch of the luvit Card, an installment-enabled payment solution designed to make everyday spending more flexible and accessible for Filipinos.
Filipino employees rank among the happiest in the Asia-Pacific, driven more by meaningful work and career growth than by paychecks, according to Jobstreet by SEEK’s latest report.