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 Civil Aviation Authority of the Philippines (CAAP) has opened a dedicated lounge for overseas Filipino workers (OFWs) at Zamboanga International Airport to provide comfort and essential services for travelers.
Globe Business has signed a two-year strategic partnership with the Analytics and Artificial Intelligence Association of the Philippines (AAP) to help organizations in the Philippines adopt artificial intelligence (AI) more effectively in daily operations.
The Mindanao Development Authority (MinDA) is fast-tracking key infrastructure initiatives in Mindanao, including the 428-kilometer Mindanao Transport Connectivity Improvement Project and the long-delayed Mindanao Railway Project, through public-private partnerships (PPP).
The Bangko Sentral ng Pilipinas (BSP) has renewed its warning to the public against using unauthorized virtual asset service providers (VASPs), which handle cryptocurrency activities such as trading, transfers, exchanges, safekeeping, and payments.