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 aims to complete all 19 priority economic deliverables of its ASEAN chairship by yearend, President Ferdinand Marcos Jr. said, citing progress in digital trade and regional cooperation as the bloc confronts shifting global trade relationships and geopolitical tensions.
US airlines scrambled Saturday to restore disrupted schedules after a four-hour nationwide flight grounding triggered by an air traffic control network failure, with thousands of cancellations and delays expected to ripple through the weekend.
Plants cannot complain when the heat gets unbearable or water becomes scarce. But they do send out distress signals, and scientists have developed a tiny sensor that could help farmers detect them before crops show visible signs of damage.