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.
Philippine markets enter September with little room for complacency, as investors weigh the appeal of battered stock valuations against inflation, oil and currency risks that could keep sentiment fragile.
Torre Lorenzo Development Corp. is expanding its residential portfolio around major universities, betting on a persistent shortage of purpose-built student housing despite sustained demand from renters and property investors.
Philippine exporters are being urged to make fuller use of preferential access to the United Kingdom, while the government pursues free trade agreements that could secure longer-term market access as existing trade privileges eventually expire.
When iconic OPM rock acts and today’s chart-topping talents take the stage together, the result is nothing short of magic—and thousands of concertgoers across Visayas and Mindanao experienced exactly that as the Tanduay First Five tour wrapped its multi-city run to packed venues and unforgettable performances.