Tag: UnionBank

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UnionBank to inject P1.5B into CitySavings

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines, the banking arm of the Aboitiz Group, has approved a capital infusion of up to P1.5 billion into its thrift bank subsidiary, City Savings Bank Inc. (CitySavings), to support the latter’s continued expansion and operational needs.

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. 

UnionBank launches P10B bond offer

Banking & Insurance Context.ph Context.ph -
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.

UnionBank techs up Tagbilaran Bohol MSMEs with PalengQRPH

Communications & Technology Context.ph Context.ph -
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.

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BIR clears confusion over revised withholding tax rules

Corporate 0
The Bureau of Internal Revenue (BIR) has issued fresh guidance to help businesses correctly apply revised creditable withholding tax (CWT) rules, ending months of uncertainty for thousands of large companies covered by the new regulations.

Modernized Lucena Port Terminal to open next month, boosting Southern Luzon travel and economy

Transport & Logistics 0
The Department of Transportation announced this week that the newly upgraded passenger terminal building at the Port of Lucena will expand capacity and support tourism, business, and maritime travel across Southern Luzon.

DICT seeks P2.7B 2027 budget to expand eGov programs and super app

Communications & Technology 0
The Department of Information and Communications Technology (DICT) is asking for an estimated P2.7 billion budget for next year to sustain and further develop the government’s e-Government initiatives, including upgrades to cloud infrastructure, stronger cybersecurity, better system integration, and continued work on the eGov Super App.

ASEAN warns Middle East conflict threatens regional business stability

Energy & Mining 0
ASEAN foreign ministers have warned that escalating tensions in the Middle East could disrupt trade, push up energy costs and strain regional supply chains, raising fresh concerns for businesses already navigating an uncertain global economy.

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