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.

Bello: DOLE Eyes Europe As Potential New Market For Displaced OFWs

The government is looking at Europe as an alternative market for displaced overseas Filipino workers.

Bello: DOLE Eyes Europe As Potential New Market For Displaced OFWs

86
86

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The government is looking at Europe as an alternative market for overseas Filipino workers (OFWs) who were displaced by the coronavirus disease (Covid-19) pandemic.

“The number one program for our migrant workers is to look for a new market for employment purposes. We are opening new markets where we can employ our overseas Filipino workers,” Labor Secretary Silvestre Bello III said on Thursday in a Laging Handa briefing.

He said among the potential new markets for the deployment of OFWs are Russia, Germany, United Kingdom, and eastern Europe.

“However, we are still being cautious because we want to make sure that once they go there, they would not be infected with Covid-19,” he added.

Bello said job opportunities are also available locally especially in the construction industry and business process outsourcing.

“We had a recent meeting with the IT-BPO sector. They are in need of 30,000 call center agents. With that, more OFWs would be accommodated in terms of employment,” he said.

Bello said livelihood programs are also available for those who would like to stay in the country to be with their families.

“We have the new concept of a collective livelihood program. Mas malaki ang mabibigay na livelihood assistance kung mag-form ang ating mga OFWs ng (Our OFWs would get bigger livelihood assistance if they will form an) association or cooperative. This is for our repatriated OFWs,” he added.

To date, Bello said there are more than 250,000 OFWs who have been repatriated.

“As of 2 a.m. Thursday, 250,000 plus OFWs, have been repatriated and we are expecting an additional 100,000 to come home,” he said. (PNA)