Corporate

Manila Water has strengthened its fire safety efforts by maintaining and checking more than 3,300 working fire hydrants across its East Zone service area as part of Fire Prevention Month this March.

Authorities have issued closure and show cause orders against Nouveau Resort, a high-end beachfront property in Camiguin, after inspectors found multiple environmental violations, officials said.

PXP Energy Corp. posted a core net loss of P50.2 million for full year 2025, widening from P33.3 million in 2024, as lower output from the Galoc Field, softer crude prices, and higher financing and foreign exchange related charges weighed on performance.

Union Bank of the Philippines, the country’s 10th largest lender by asseets, closed 2025 with net income of P10.0 billion, as second half earnings more than doubled, rising 108 percent from the first half. The rebound was driven largely the bank’s lending activity, including the acquired Citi consumer business, which gained traction through the year.

Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.