Megawide declares P23.7M dividend on preferred shares
Megawide Construction Corp. has declared a cash dividend of P1.99015 per share for its Series 6B preferred shares, totaling P23.7 million. The dividend will be paid out of the company’s unrestricted retained earnings at the end of 2024December.
UnionBank fintech unit CEO resigns, transition plan underway
UBX Philippines, the fintech subsidiary of Union Bank of the Philippines, said that its president and chief executive officer John Januszczak has resigned, effective June 16, 2025.
Senate returns impeachment case to House but summons sent to VP Duterte
In a pivotal move, the Senate—sitting as an impeachment court—voted 18-5 on Tuesday night to return the Articles of Impeachment against Vice President Sara Duterte to the House of Representatives.
PH Japan launch 3-year hydro mapping project
The Department of Energy (DOE) has finalized a partnership with the Japan International Cooperation Agency (JICA) to launch a three-year technical cooperation project focused on mapping the country's large-scale hydropower potential.
LTFRB suspends 15 Florida Buses over highway racing incident
The Land Transportation Franchising and Regulatory Board (LTFRB), under the Department of Transportation (DOTr), has imposed a 30-day suspension on 15 Florida Bus Co. buses after their drivers were caught racing on the National Highway in Cagayan on June 8, 2025—a dangerous act that went viral on the internet.
