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.

Agusan Del Norte Launches PHP66 Million ‘Libreng Sakay’ Program

Agusan del Norte continues to support its residents through programs that ease daily expenses.

Agusan Del Norte Launches PHP66 Million ‘Libreng Sakay’ Program

692
692

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The “Libreng Sakay” (free ride) program in the various municipalities and the lone city of Agusan del Norte formally started Monday to ease the burden on residents amid rising fuel prices and transportation costs.

“This is a local initiative of the provincial government of Agusan del Norte, the congressional district office, the city of Cabadbaran, and the 10 municipalities of Agusan del Norte,” Agusan del Norte Rep. Dale Corvera told the Philippine News Agency (PNA) on Tuesday.

Corvera added that the program will run for two months, covering Cabadbaran City and the towns of Kitcharao, Jabonga, Santiago, Tubay, Magallanes, Remedios T. Romualdez (RTR), Buenavista, Nasipit, Carmen, and Las Nieves.

The free rides operate from 5 a.m. to 9 a.m. and resume from 3 p.m. to 7 p.m., though schedules vary slightly across different towns.

Local government units (LGUs) have enlisted tricycle and multicab drivers from legitimate local organizations to participate on scheduled days. Drivers must record the number of passengers served, with LGU personnel assigned to terminals to verify the listings.

Participating tricycle drivers receive a daily allocation of PHP600, while multicab drivers receive PHP1,000. These payments include allocations for fuel costs.

Corvera’s office facilitated the PHP44 million funding for the initiative, while the provincial government, led by Governor Maria Angelica Rosedell Amante, set aside PHP22 million.

Teddy, 49, a mechanic from Buenavista, said the program provides significant relief.

“It’s a big help for me. Usually, I spend PHP30 to PHP50 for a tricycle fare when going to the market and other areas in our town,” he said, noting the savings will go toward his family’s other needs.

Drivers also welcomed the steady pay. Celso, 32, a multicab driver, noted that the program ensures a fixed income despite fluctuating fuel prices.

“Both the drivers and the riding public benefit from this program. I get a sure income after a day, while the riding public saves money,” he said. (PNA)