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.

DSWD Crafts Policy For Online Purchase Of Seniors, PWDs

DSWD at DTI, sisiguraduhing ma-avail pa din ng mga PWDs at senior citizens ang kanilang discount sa pagbili ng mga produkto online.

DSWD Crafts Policy For Online Purchase Of Seniors, PWDs

69
69

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Department of Social Welfare and Development (DSWD) said on Wednesday it will craft a measure to ensure that vulnerable sectors, such as senior citizens and persons with disabilities (PWDs), are still able to avail of their discount privileges even in online transactions.

DSWD Secretary Rolando Joselito Bautista, in a virtual briefing, said the agency has partnered with the Department of Trade and Industry to craft a policy that will check the rules for online purchasing of senior citizens and PWDs.

“Ito ay para masigurado na hindi maaabuso ang mga pribiliheyo para sa bulnerableng sektor ng lipunan (This is to make sure that the privileges enjoyed by the vulnerable sector will not be abused [overlooked]),” he added.

Under Republic Act 9994 or the Expanded Senior Citizens Act of 2010, senior citizens are entitled to a 20-percent discount and are exempted from the value-added tax (VAT) on goods and services from all establishments.

Republic Act 10754 or An Act Expanding the Benefits and Privileges of PWD, meanwhile, provides persons with disabilities the opportunity to participate fully in the mainstream of society by granting them at least a 20-percent discount and exemption from the VAT on the sale of certain goods and services identified.

This also applies to transportation, recreation centers, and medical services.

“Ito ay patunay na isinaalang-alang ng DSWD ang karapatan ng bulnerableng sektor ng lipunan at patuloy itong nakikipag-ugnayan sa mga opisina at iba pang mga implementing agencies para masiguro na maipapatupad ang iba pang batas na ito (This shows that DSWD looks over the welfare of the vulnerable sector of our community. We continue to engage with other offices and implementing agencies to make sure that these laws are being implemented),” he added. (PNA)