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 Philippines has emerged as the top-performing emerging market for investor relations and one of the global leaders in sovereign debt transparency, a distinction the Department of Finance (DOF) said strengthens the country's appeal to foreign investors and could help unlock more investments, jobs and economic growth.
Iloilo is no longer merely an alternative to Metro Manila and Cebu. It is increasingly becoming a destination in its own right for businesses seeking growth, talent, and room to expand, according to a new Colliers Philippines market report.
The Clark International Airport Corporation (CIAC) has delivered a major financial boost to the country by remitting a record-breaking ₱585.71 million in dividends to the National Treasury.
Global digital business services provider TP is deepening its investment in the Philippines with the opening of its 29th local site, reinforcing confidence in the country's position as a leading hub for IT-business process management (IT-BPM) and AI-enabled customer experience services.