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 Energy (DOE) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
The Department of Agriculture (DA) said researchers have identified a small goby fish in Lake Bato, Camarines Sur that may be endemic, or found only in that area.
Energy company ACEN Corp. said it is considering several ways to raise additional capital within the next 6 to 12 months to support its renewable energy (RE) projects.