1886: Voluntary migration of natives to the Philippine island of Palawan is encouraged by a royal decree issued by the Spanish colonial king; incentives include exemptions from payments of tax and dues to public treasury, free passage, land gratis (three hectares), etc.
1982: UnionBank was formed as a government-owned commercial bank, the result of a merger between Union Savings and Mortgage Bank and Bancom Development Corporation, one of the leading development banks in the Philippines at the time and the parent of Union Savings and Mortgage.
2001: the Armed Forces of the Philippines, seeing the political upheaval throughout the country, decided to withdraw its support from the president(Joseph Estrada) and transfer its allegiance to the vice president, Gloria Macapagal-Arroyo.
