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.

DOLE-6 Releases P157-M Cash Aid For Displaced Workers

The Department of Labor and Employment in Western Visayas has announced the availability of funds for more workers displaced by the COVID-19 crisis under the Bayanihan to Recover as One Act.

DOLE-6 Releases P157-M Cash Aid For Displaced Workers

77
77

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Department of Labor and Employment in Western Visayas (DOLE-6) has announced the availability of funds for more workers displaced by the coronavirus disease 2019 (Covid-19) crisis under the Bayanihan to Recover as One Act (Bayanihan 2).

On Tuesday, the labor agency’s regional office posted on its official Facebook page the instructions on how qualified employees can avail of the PHP5,000 financial assistance through the Covid-19 Adjustment Measures Program (CAMP).

In a separate announcement, Bacolod City Lone District Rep. Greg Gasataya said the DOLE-6 informed his office that PHP157 million has been allotted for affected workers in Western Visayas.

In May, Gasataya delivered a privilege speech calling for additional allocation for the program since many employees were not able to avail of the cash assistance due to lack of funds.

The lawmaker also authored a resolution requesting Labor Secretary Silvestre Bello III to provide assistance to business establishments whose workers were not able to avail of the said benefit.

Under the DOLE Department Order 218-2020, those who will get preference are micro, small and medium establishments (MSMEs), as well as other private establishments not categorized as MSMEs that applied for CAMP on or before April 15, 2020 but did not receive financial assistance under Bayanihan 1.

Also included are MSMEs and other private establishments not categorized as MSMEs that will apply for the first time under Bayanihan 2.

Applications are accepted online through https://reports.dole.gov.ph.

Under the CAMP Bayanihan 1, the DOLE-6 disbursed a total cash assistance of PHP127 million for 25,400 affected workers in Western Visayas as of July 1.

The CAMP is the agency’s safety net that seeks to provide financial support to affected workers as a measure to mitigate the adverse economic impact and reduction of income during the Covid-19 pandemic.

The cash aid is released through the DOLE’s partner-money transfer service outlets, which sends a text notice to the recipient once the money is already available. (PNA)