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 Sugar Regulatory Administration (SRA) confirmed Bukidnon sugar farmers, millers and local officials carried out a one-week intensive spraying campaign to stop the red striped soft scale insect (RSSI), a pest that cuts sugar content by nearly half.
The Department of Agriculture (DA) and Philippine Statistics Authority (PSA) have strengthened their partnership to improve how agricultural data is gathered and used across the country.
The Energy Regulatory Commission (ERC) has adopted updated regulations covering reliability performance indices and on permissible unplanned outage days for power generating units across the country.