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.
Long before budget flights and remote work made moving abroad a breeze, a brave crew of Filipinos packed up, headed to Spain and Andorra, and essentially wrote the manual on surviving Europe.
DHL Express is hiking its shipping rates in the Philippines by an average of 5.9 percent starting January 1, 2027, passing on rising global operational pressures to local businesses engaged in international trade.
A car can tell you many things. It can tell you that a door is open, a tire needs air, a passenger has forgotten to buckle up, or that you are getting dangerously close to the vehicle in front of you. What it cannot tell you is why you have been sitting in the same spot for 23 minutes. This is the peculiar economics of driving in the Philippines. We fork over a great deal of money buying cars that can go very fast, and then spend a considerable portion of our lives making sure they do not.