Tag: BDO Unibank

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Top 3 listed banks grow loan portfolio in 4Q

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.

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US, Philippines forge wider strategic economic alliance

The US and the Philippines are widening their alliance beyond military cooperation, with infrastructure, technology, supply chains, and health security emerging as new pillars of a partnership increasingly shaped by economic resilience.

Tesla’s AI investment forces negative cash flow

Tesla is preparing investors for a tougher cash environment...

DTI seeks P5 billion boost for MSMEs

The Department of Trade and Industry (DTI) is seeking an additional P5 billion for the Small Business Corp. (SB Corp.) next year as surging demand for financing pushes the government lender to expand its support for micro, small and medium enterprises (MSMEs).

Alphabet’s AI engine drives record quarter 

Alphabet Inc., the parent company search engine Google, is turning artificial intelligence into a powerful growth machine, posting a blockbuster second quarter as surging cloud demand, stronger search activity, and rapid AI adoption lifted revenues and profits to new heights.

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