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.
In property development, green credentials can help sell a dream. Southlinks Estate now has five stars to back up the pitch—but turning a sustainable masterplan into a sustainable neighbourhood is the harder part.
The world’s leading development banks have expanded their collective lending capacity by USD792 billion over the next decade, opening more room to finance infrastructure, jobs and climate resilience in developing economies, including the Philippines.
Schools are being plugged into the country’s Unified 911 emergency system, allowing reports of campus violence and security threats to reach the Department of Education (DepEd) and police simultaneously as the government moves to speed up responses to school emergencies.
Filipino cuisine is making a pitch for a bigger place on Europe’s travel menu, and the potential price tag is substantial. A total P772.8 million in sales leads generated by Philippine tourism promotions in Paris.