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.
SMX Convention Center is on a regional victory lap, giving the Philippines fresh bragging rights in the competitive Meetings, Incentives, Conventions, and Exhibitions (MICE) arena—and a timely boost to its business tourism narrative.
Ayala Land Hospitality is pressing ahead with the long-awaited opening of Mandarin Oriental Makati this year, choosing momentum over hesitation as tourist arrivals in 2025 continue to fall short of expectations.
Vietnamese electric vehicle maker VinFast has chosen the Philippines as the first pillar of its global electric scooter expansion, putting the country at the center of its broader push for green mobility across Southeast Asia.
Tim Ho Wan, the Jollibee Group’s flagship Chinese cuisine brand, has opened its latest restaurant at Mikiki Mall in Kowloon, bringing its total in Hong Kong to 10 locations—double the number from a year ago. All Hong Kong stores are profitable, with new openings reaching payback in under two years, highlighting a repeatable expansion model.