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.

PBBM Lauds Swedish Envoy’s Role In Improved Philippines-Sweden Ties

President Marcos Jr. praised Ambassador Annika Thunborg for her significant role in strengthening the diplomatic ties between Manila and Stockholm.

PBBM Lauds Swedish Envoy’s Role In Improved Philippines-Sweden Ties

1,934
1,934

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

President Ferdinand R. Marcos Jr. on Tuesday commended outgoing Swedish Ambassador to the Philippines Annika Thunborg for her crucial role in improving Manila and Stockholm’s relations.

“Thank you very much for all that you have done, bringing our two countries closer together,” Marcos told Thunborg who paid a farewell call at Malacañan Palace in Manila.

“I have to once again express our gratitude for the support that you’ve shown to the Philippines in terms of the problems, challenges that we are facing here.”

The Chief Executive said it is important for the Philippines to form an alliance with Sweden, which he said is a friend to the Philippines.

Thunborg told Marcos the importance of forging a strong partnership with like-minded partners, such as the Philippines.

“The pleasure is all ours and it is extremely important in the world we live in today to forge strong partnerships with like-minded partners, so we are happy to see this partnership grow, especially in the last two years,” she said.

Executive Secretary Lucas Bersamin, Special Assistant to the President for Investment and Economic Affairs Frederick Go, Deputy Assistant Secretary Lenna Eilleen De Dios-Sison, and Director Ferdinand Flores of the Department of Foreign Affairs (DFA) Office of the European Affairs were among the Philippine officials present during the farewell call.

Thunborg was appointed as Sweden’s ambassador to the Philippines in 2021.

She is the second Swedish ambassador to be assigned to the Philippines since the embassy reopened in Manila in 2016.

She previously served as Sweden’s ambassador to Mexico and worked with multilateral issues in Geneva, Vienna, and New York where she forged close ties with colleagues from the Philippines.

Diplomatic relations between the Philippines and Sweden were established on Jan. 17, 1947. (PNA)