Tag: UnionBank

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.

UNAHCO, Inc., the animal nutrition and healthcare arm of United Laboratories, Inc. (UNILAB), is considering investments in Philippine economic zones to strengthen its agro-industrial operations and expand its nationwide manufacturing and logistics network.