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.
Union Bank of the Philippines, the country’s 9th largest lender by assets, began the public offering on Wednesday of its latest debt securities—aiming to raise at least P10 billion to support funding needs.
Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.
The Department of Energy (DOE) has developed a new mechanism designed to reduce the country’s heavy dependence on imported fuel and petroleum products. Energy Secretary Sharon Garin explained that while the draft is complete, it will first undergo consultations with other government agencies and industry stakeholders before being finalized.
Digiplus Interactive Corp. has entered into a cooperation agreement with New Coast Leisure Inc. and Total Gamezone Xtreme Inc. to operate digital gaming services at LaVie Resort and Casino Manila. The non-exclusive arrangement covers technical support, content integration, and management of approved online games. LaVie is owned by International Entertainment Corp., which Digiplus is in the process of acquiring.
Nickel Asia Corporation (NAC) on Wednesday said that its subsidiary Samar Nickel Mining Resources has signed an operating agreement with San Juanico Resources Corp. The deal gives Samar Nickel the right to manage mineral claims covering roughly 3,432 hectares in Candelaria and Sta. Cruz, Zambales, under MPSA No. 265-2008-III. It remains subject to approval by the Mines and Geosciences Bureau.
Foreign investors continue to show confidence in the Philippines, with total foreign direct investment (FDI) reaching US$1.7 billion in the first three months of 2026. Data from the Bangko Sentral ng Pilipinas (BSP) shows that both fresh equity placements and reinvested earnings remained largely unchanged compared to recent periods, signaling that overseas businesses see stable opportunities in the country.