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UnionBank fintech unit CEO resigns, transition plan underway

Corporate Context.ph Context.ph -
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

Context Dispatch Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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. 

DA cracks down on illegal agri-chemical sales

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) expressed confidence that the filing of charges against individuals involved in the illegal sale of unregistered agricultural chemicals will serve as a strong deterrent to similar violations nationwide.
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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

Education, Health & Science 0
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Corporate 0
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

Corporate 0
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Energy & Mining 0
Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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