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.
Airbus is betting on Philippine talent as it teams up with Cebu-based Indiana Aerospace University (IAU) to sharpen aircraft maintenance training and future-proof the country’s aviation workforce.
LIMA Land Inc., the Aboitiz Group’s economic estates arm, and House of Investments (HI) of the Yuchengco Group have secured clearance from the Philippine Competition Commission, paving the way for the formalization of their joint venture at TARI Estate in Tarlac.
Around 1,500 day care and elementary school children at risk of malnutrition in seven provinces will receive high-zinc rice under a 90-day feeding program.