Vivant Reports 1H2026 Core Net Income Of PHP784 Million As Power Generation Remains The Largest Contributor While Share Of Water Business Grows

Vivant Corporation posted PHP784 million in core net income for the first half of 2026, with power generation remaining its largest earnings contributor.

Pag-IBIG Fund Net Income Up 24% To PHP41.35 Billion In First Half Of 2026

Pag-IBIG Fund posts record first-half net income of PHP41.35 billion, reflecting stronger earnings and disciplined cost management.

Borromeo Motoring Group Signs New RES Deal For 20 Luzon Dealerships

Borromeo Motoring Group taps COREnergy to manage power more strategically across 20 Luzon dealerships and automotive facilities.

Two Founders, One Purpose: How Joel Cabugos And Jax Reyes Built KasKasan Buddies

KasKasan Buddies grew from the complementary strengths of Joel Cabugos and Jax Reyes, whose shared vision placed financial education and community value at the center.

Lung Center Gets Off-Site Modular Hospital For Covid-19 Patients

Five units of an off-site modular hospital to serve severe Covid-19 patients were formally turned over by the national government to the Lung Center of the Philippines on Wednesday.

Lung Center Gets Off-Site Modular Hospital For Covid-19 Patients

163
163

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

Five units of an off-site modular hospital were formally turned over by the national government to the Lung Center of the Philippines (LCP) on Wednesday to be used for moderate to severe coronavirus disease 2019 (Covid-19) patients.

The PHP120 million off-site modular hospital built by the Department of Public Works and Highways (DPWH) and was turned over to the LCP together with the National Task Force Against Covid-19 is expected to alleviate the need for more Covid-19 beds with the increasing cases due to the highly transmissible Delta variant.

The modern facility has a 108-bed capacity inside the LCP compound in Quezon City.

One of the five clusters will be used as an Intensive Care Unit (ICU) ward. It has a 20-bed capacity complete with oxygen and a suction system for patients in need of high-level medical care and complex treatment.

Meanwhile, each of the remaining four clusters has 22 individual rooms with complete equipment as well.

LCP Spokesperson Dr. Norberto Francisco said they will try their best to open the modular hospital to accommodate Covid-19 patients as soon as possible.

The LCP currently has a 76 percent occupancy rate of their Covid-19 beds.

DPWH Secretary Mark Villar said they are set to open more modular hospitals across the country to help address the need for more beds for Covid-19 patients. (PNA)