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.
Gilas Pilipinas’ women’s 3x3 team is one win away from turning an Asian Games semifinal into something considerably shinier, after brushing aside Thailand, 13-8, on Friday to book a place in the gold-medal match.
The Philippine Airlines (PAL) plans to start nonstop flights from Manila to Delhi and Mumbai in December 2026, pending approval from the Indian government.
The return of indigenous Malampaya natural gas to the 1,200-megawatt Ilijan Power Plant in Batangas is expected to slash electricity generation charges by about 36 centavos per kilowatt-hour, offering much-needed relief to consumers while cutting foreign fuel dependence.