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’ longest-running grassroots football league opened its latest edition on July 26 at the Dynamic Herb-Borromeo Sports Complex in Talisay City, Cebu. Now spanning Cebu, Batangas, Davao and Tarlac, the tournament has nurtured young Filipino players for over 20 years.
The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.