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 Philippines has built a P6.36-trillion investment pipeline, but the bigger challenge now is turning projects on paper into construction sites, operating facilities, and productive assets.
Michelin is looking beyond passenger cars to drive its next phase of growth in the Philippines, targeting the country’s mining, agriculture, logistics, construction, and other industrial sectors.
The Department of Trade and Industry (DTI) and The Coca-Cola Co. are exploring deeper cooperation to strengthen the Philippines’ food and beverage industry, with sustainability, small enterprise development, and competitiveness high on the agenda.
German companies remain interested in expanding their investments in the Philippines, but long-term policy certainty will be crucial to unlocking capital for critical minerals, advanced manufacturing, and other emerging industries, Germany’s top diplomat in Manila said.