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.
Members of the National Telecommunications Security Council (NTSC) are calling for a unified "whole of industry" approach to safeguard telecommunications facilities, especially when disasters strike.
Semirara Mining and Power Corp. has gone to court to block what it described as repeated attempts by the Department of Energy to compel the disclosure of proprietary mining information that could be shared with prospective bidders for the Semirara coal mine.
The Philippine Economic Zone Authority (PEZA) is stepping on the gas, targeting the proclamation of 20 to 30 new economic zones every year as it banks on a wider network of investment hubs to drive jobs, exports and countryside growth.