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.
Philippine exports are poised to sustain double-digit growth this year and outperform government forecasts despite higher US tariffs and other external challenges, supported by strong first-half shipments and a broader mix of products and markets.
Housing regulations designed to speed up project development may instead squeeze developers’ cash flow and further slow housing production, according to Chamber of Real Estate and Builders’ Associations (CREBA) National Chairman Noel Cariño.
Time-sensitive industries, led by semiconductors and electronics, welcomed the normalization of cargo operations at the Ninoy Aquino International Airport (NAIA), after congestion threatened production schedules, jobs, and revenues.
The Philippine Travel Agencies Association (PTAA) is urging Filipinos and travel agencies to practice truthful and responsible travel, warning that the misuse of tourist visas could lead to tighter requirements and greater immigration scrutiny for legitimate travelers.