Corporate

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.

The Ayala Group has opened applications for the 2026 Ayala Group Summer Internship Program (AGSIP), starting February 27.

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is accelerating efforts to attract Chinese investments as it gears up to host the ASEAN-Chinese Business Leaders Summit in Metro Manila from October 18–20, 2026.