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.
Michelin is best known for keeping vehicles moving, but in the Philippines, its famous name is now also helping put restaurants, destinations, and Filipino cuisine in the international spotlight.
SM Supermalls is taking a demand-first approach to mall expansion, using tenant appetite, occupancy levels, local business activity and planned government infrastructure to decide where to deploy fresh capital.
The Philippines is emerging as a regional template for modern emergency response, with Thailand, Indonesia, and Vietnam looking at the country’s next-generation 911 system as they explore upgrades to their own aging emergency communications infrastructure.
What began as a one-person coffee business during the pandemic has grown into a nationwide enterprise employing thousands of workers, proving that a small startup can build a bigger business by widening access to opportunity.