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.

Gov’t Recalibrates List Of Infra Projects

Expect more projects and improvements in the coming years under the Duterte administration’s Build, Build, Build program.

Gov’t Recalibrates List Of Infra Projects

69
69

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The National Economic Development Authority (NEDA) is updating the list of approved infrastructure projects given the impact of the pandemic and the recent typhoons.

During a virtual briefing Thursday, NEDA Undersecretary Jonathan Uy said they aim to release the new list by the end of this year.

“It would appear that we are now reaching about 100 projects and some additional ones being proposed for this particular update,” he said.

The Duterte administration recently identified about 104 priority projects for its flagship Build, Build, Build program, higher than the 75 projects earlier announced.

Included in the list are the Metro Manila subway project, the upgrading of the Ninoy Aquino International Airport (NAIA), the Cebu monorail system, and the Mindanao Railway project.

The government is prioritizing the construction of infrastructure projects around the country after, citing its long-term effect on the sustainability of domestic growth.

After works in some of these projects were temporarily suspended following the declaration of an enhanced community quarantine (ECQ) in Luzon from mid-March to end-April, and until end-May for Metro Manila, Uy said construction works resumed around June based on the report from the Department of Public Works and Highways (DPWH).

He, however, said that continued quarantine restrictions and the impact of typhoons remain among the challenges for the projects.

Meanwhile, Acting NEDA Secretary Karl Chua said they continue to monitor all infrastructure projects included in the 2020 national budget, even those under the local government units (LGUs).

Aside from the impact of the pandemic, he said challenges in project implementation this year “reflect the fact that our experience in 2019 was that we were able to, despite the delayed passage of the budget, we were able to significantly ramp up in the second quarter.”

“That is why despite our infrastructure exceeding program for the second half of 2020, as a contribution to growth, it fell short because of the high base case in 2019,” he said.

Chua said Congress’ approval of the extension of the 2020 budget will provide NEDA leeway to implement projects that were delayed last year.

“The recent flooding and typhoons also gave us more urgency in pursuing some of the infrastructures that directly will address some of the water and flooding issues,” he added. (PNA)