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 Private Sector Advisory Council is urging the government to shift from responding to disasters after they occur to investing ahead of risks, calling for tougher construction standards, major flood-control measures, and faster approval of critical water projects.
The 212-kilometer Subic-Clark-Manila-Batangas freight railway is emerging as a key test of whether the Luzon Economic Corridor can turn investor interest into actual infrastructure, with the government targeting tangible progress within the next 12 to 18 months.
The owner and finance manager of local wellness chain Dermacare have been arrested following coordinated law enforcement action, marking a clear demonstration of regulatory vigilance against unauthorized financial activities in the country.
San Miguel Corp.-led New NAIA Infra Corp. (NNIC) has secured US government support to upgrade security screening systems at Ninoy Aquino International Airport, as the operator prepares the country’s main gateway for sharply higher passenger volumes.