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.
Mitsubishi Power has entered into a long-term parts and services agreement (LTPSA) with LNGPH and its subsidiary South Premiere Power Corp. (SPPC) for the 1,200 MW Ilijan combined cycle natural gas-fired power plant.
The Department of Agriculture (DA) has endorsed Resolution No. 03, Series of 2026, calling for the immediate implementation of the 5 percent coconut methyl ester (CME) biodiesel blend or B5. The proposal has been forwarded to the Senate and the Department of Energy (DOE).