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.

DavNor Town Acquires P78-M Heavy Equipment

Who do you think can benefit from Davao del Norte's PHP78 million worth of heavy equipment?

DavNor Town Acquires P78-M Heavy Equipment

61
61

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The municipality of Sto. Tomas in Davao del Norte has acquired PHP78 million worth of heavy equipment to support its infrastructure projects.

In a statement Tuesday, Mayor Ernesto Evangelista said the heavy equipment would be used in the local government’s construction, operations, and maintenance activities.

“We acquired this because we need to maximize our available resources to fast track all our infrastructure-related projects. This is the people’s money, and we want to assure that all Tomasinos will benefit from this equipment by giving improved services to all operations and maintenance in various barangays,” Evangelista said.

The heavy equipment includes two garbage compactors, two 10-wheeler dump trucks, four 6-wheeler dump trucks, and an 18 wheeler-low bed prime mover.

“All our 19 barangays can benefit from these. That’s why I am asking all our barangay captains to make use of this heavy equipment for the improvement of their road networks, among others,” Evangelista said.

He also underscored the importance of purchasing equipment that is “free from the bribery-laden procurement process.”

“With our desire to campaign for a transparent, corrupt-free, and pro-people governance, we ensure that the procurement process is followed and certainly no advances made to the supplier, and all the heavy equipment are brand new,” Evangelista said. (PNA)