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.
The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.
The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).
Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.
Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.