Tag: Lucas Bersamin
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RCBC plans P5B ASEAN Sustainability Bonds
Rizal Commercial Banking Corp., the country’s 6tyh largest lender, plans to raise a minimum of P5.0 billion through fixed rate peso denominated ASEAN Sustainability Bonds, with an oversubscription option, marking the ninth drawdown under its P200 billion Bond and Commercial Paper Program.
PXP Energy narrows focus amid losses
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.
UnionBank profit rebounds in 2H
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.
Corridor strategy fuels Mindanao ecozone push
A tighter alliance between Mindanao Development Authority (MinDA) and Philippine Economic Zone Authority (PEZA) is sharpening the Philippines’ countryside investment playbook.
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PXP Energy narrows focus amid losses
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.
UnionBank profit rebounds in 2H
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.
Corridor strategy fuels Mindanao ecozone push
A tighter alliance between Mindanao Development Authority (MinDA) and Philippine Economic Zone Authority (PEZA) is sharpening the Philippines’ countryside investment playbook.
SLCT upgrade recasts South Luzon trade
The Bureau of Customs–Port of Batangas is betting big on the expansion of the South Luzon Container Terminal (SLCT), framing it as a transformative play for Southern Luzon’s trade corridor.
