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.

Marcos Virtually Meets With NEDA Chief Balisacan

President Marcos Jr. met with Socioeconomic Planning Secretary Arsenio Balisacan via teleconference to further discuss inflation.

Marcos Virtually Meets With NEDA Chief Balisacan

59
59

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

President Ferdinand “Bongbong” Marcos Jr. met with Socioeconomic Planning Secretary Arsenio Balisacan via teleconferencing on Wednesday.

A short video of Marcos’ meeting with Balisacan was uploaded on state-run Radio Television Malacañang’s (RTVM) official Facebook page.

Executive Secretary Victor Rodriguez and Presidential Management Staff (PMS) Secretary Maria Zenaida Angping were also present during the meeting.

Apart from Marcos, who attended virtually, all officials held the meeting at the Premier Guest House at Malacañang Palace.

The meeting comes after Pulse Asia’s June 2022 national survey showed that most Filipinos view controlling the inflation rate in the country as an urgent concern that needs to be prioritized.

“Amidst the spiraling cost of basic commodities, a small majority of Filipino adults (57 percent) say the new national administration must immediately take steps to control inflation,” Pulse Asia said.

The survey also showed 45 percent of respondents identified increasing the pay of workers as the next issue that Filipinos want to be addressed followed by reducing poverty (33 percent), creating more jobs (29 percent) and fighting graft and corruption in the government (20 percent).

Other top issues of concern are ensuring law enforcement (15 percent), fighting criminality (14 percent), promoting peace in the country (14 percent), providing assistance to those who lost their jobs due to the pandemic (14 percent), and addressing involuntary hunger (12 percent).

It was followed by reducing the amount of taxes paid (9 percent), addressing environmental degradation (7 percent), providing support to small entrepreneurs (7 percent), territorial defense (7 percent), controlling the Covid-19 pandemic-19 (7 percent), protecting the welfare of overseas Filipino workers (5 percent) and preparing to face any kind of terrorism (3 percent).

The pollster interviewed 1,200 adults on June 24 to 27 for the poll, which had an error margin of ±2.8 points.

Earlier, Press Secretary Trixie Cruz-Angeles assured Filipinos that fighting inflation is a top economic priority for the Marcos administration.

“We actually discussed inflation at the last Cabinet meeting and the President himself reported this, so he is actually ahead of the publication of the survey having anticipated this as a potential problem,” Cruz-Angeles told reporters in a text message.

The country’s headline inflation rate accelerated to 6.1 percent in June 2022 from 5.4 percent in the previous month, the Philippine Statistics Authority reported.

Finance Secretary Benjamin Diokno said the Philippines’ high inflation in June was not a problem unique to the Philippines because other countries are suffering the same problem.

He also assured that the recent acceleration of inflation will be arrested by the government through “addressing constraints in the food, energy, and transportation and logistics sectors.”

On Tuesday, Marcos also presided over his second Cabinet meeting via teleconferencing, just four days after testing positive for Covid-19.

Angeles on Wednesday said Marcos is now free from all symptoms of Covid-19 for the past two days, based on the latest health bulletin released by his personal physician, Dr. Samuel Zacate.

She said Zacate reported that the President has finished all his medications and based on clinical opinion, Marcos is ready to go back to his face-to-face engagements.

Zacate reported that “if there is no reappearance of any sign and symptoms related to Covid-19, and provided further that he has no fever” for the next 24 hours, the President can be released from isolation on July 15. (PNA)