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.

Marawi City Gives Rice, Cash Aid To 2.9K Pedicab Drivers

Some 2,900 registered pedicab or tricycle drivers in Marawi City are set to receive this week 25 kilos of rice and cash aid from the LGU to ease the impact of the pandemic crisis on the residents.

Marawi City Gives Rice, Cash Aid To 2.9K Pedicab Drivers

113
113

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

Some 2,900 registered pedicab or tricycle drivers in Marawi City are set to receive this week 25 kilos of rice and PHP500 cash from the local government unit (LGU) to ease the impact of the coronavirus disease (Covid-19) crisis on poor residents.

Mayor Majul Gandamra said Wednesday the LGU gave priority to the drivers being the most affected sector during the pandemic, especially that the city has been placed on modified enhanced community quarantine (MECQ) from Oct. 1 to 31.

The LGU started the distribution on Monday to the first batch, composed of 500 drivers, and will continue until all of the beneficiaries have been covered.

Gandamra said the money for the rice assistance was taken from the 2020 annual budget of the city after the local government spent all the Bayanihan fund from the national government.

“We properly manage our funds that is why we are prepared to give assistance to the needy,” Gandamra said.

In April, Marawi City received PHP54 million from the national government as Bayanihan Grant for Cities and Municipalities (BGCM) that was used to purchased rice and other food items for poor residents.

During the MECQ, only limited numbers of public utility vehicles are allowed to operate within the city proper, including the electronic tricycles (e-trikes) recently turned over to selected beneficiaries.

Throughout the duration of MECQ, Gandamra said curfew hours from 6 p.m to 4:30 a.m. will be strictly implemented, the mayor said. No one is allowed to go out of their homes on Sundays, except for medical front-liners or for emergency reasons.

As of Oct.. 5, Marawi City recorded 378 confirmed cases, 82 of which are active, with 278 recoveries and 18 fatalities. At least 342 of the total cases are classified as local transmissions. (PNA)