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.
Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.
The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
Security Bank and MUFG Bank Manila have refreshed the Tsuruki-en (“Crane and Turtle”) Japanese Garden at Washington SyCip Park, returning a beloved nature retreat to the community.
Maxim Rides & Food Delivery has rolled out a new feature letting driver-partners add emergency contacts within the app, offering them another reliable way to call for help. Drivers can select trusted people who will be alerted if an emergency arises.