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.
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) expects tourism investments to accelerate in the fourth quarter, with P2.56 billion worth of proposed projects already in the pipeline following P4.63 billion in registrations in the first eight months of 2026.
Filinvest Land Inc. is moving to dissolve three wholly owned subsidiaries as it streamlines its corporate structure, while keeping the development of its Mimosa Lifestyle Mall in Clark on track.
Toyota Motor Philippines Corp. (TMP) is pressing the transport regulator to allow conventional hybrid vehicles to compete for 7,500 new transport network vehicle service (TNVS) slots in Metro Manila, challenging the government’s decision to limit the latest allocation to plug-in and fully electric vehicles.
The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.