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.

Antique LGU Urged To Seek Investors To Ensure Reliable Water Supply

San Remigio, Antique invites private investment to improve water accessibility, with strategic guidance from the DILG.

Antique LGU Urged To Seek Investors To Ensure Reliable Water Supply

808
808

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

An official of the Department of the Interior and Local Government (DILG) has urged the local government of San Remigio in Antique to consider a private investor to address its water concern.

DILG Undersecretary Jonathan Tan, in his keynote address during the 160th Foundation Day of San Remigio on Monday, vowed to help look for an investor to ensure a reliable water supply and boost the tourism industry of the town.

Mayor Margarito Mission Jr. raised the need for San Remigio to have a potable water source, he said.

“I urge Mayor Mission and the municipal councilors to open their minds to the possibility of having a private investor for the establishment of a water system,” Tan said.

Tan invited Mission for an exploratory meeting with a private investor in Metro Manila in the next two weeks.

He added another option is the Sagana at Ligtas na Tubig para sa Lahat (SALINTUBIG), but it takes longer since they are still talking with the World Bank for funding.

In a separate interview, Mission said the local government could not afford to establish a water system that he estimates to be around PHP200 million.

“We are open to the possibility of having a private investor,” Mission said.

He said the previous administration of San Remigio acquired a loan of PHP50 million for a water system. However, the project only served Barangays Poblacion and Iguirindon instead of the original 13 barangays.

Water is also being rationed due to insufficient supply.

San Remigio is one of the popular tourist destinations in Antique because of its cold climate and beautiful mountain scenery.

“For the economic and tourism development to be realized in our municipality, we really need to have reliable water supply,” he said. (PNA)