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.

DPWH Completes Hub For Recreation, Community Activities In Lipa City

A significant upgrade has transformed Lipa City Community Park, Batangas, courtesy of DPWH-Calabarzon and PHP72.3 million investment.

DPWH Completes Hub For Recreation, Community Activities In Lipa City

1,875
1,875

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Department of Public Works and Highways (DPWH) in Region 4A (Calabarzon) has completed multi-purpose facilities worth PHP72.3 million at the Lipa City Community Park in Batangas province.

In a phone interview on Thursday, DPWH-4A Director Jovel Mendoza said the Lipa City Community Park is now ready to welcome visitors as a hub for recreation and community activities.

Mendoza said the project encompassed several enhancements, including the establishment of a local government-operated coffee shop and food kiosks.

“A detention tank was installed to mitigate flooding, alongside additional public toilets, gazebos, a 50-meter by 25-meter Olympic-size pool equipped with a water pump system, and the reintroduction of a mini football field featuring durable synthetic grass,” he said.

Further improvements involved upgrading driveways and walkways using a stamped concrete system, as well as the refurbishment of landscaped areas, he added.

Mendoza said the rehabilitation of Lipa City Community Park was carried out under the Convergence and Special Support Program for Sustainable Infrastructure Projects Alleviating Gaps (SIPAG), funded through the 2023 General Appropriations Act (GAA) implemented by the 4th Engineering District Office of Batangas province.

“It has quickly become one of the most cherished community spaces in the city,” he said. (PNA)