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: Talks Ongoing For Philippines Durian Export To New Zealand

President Marcos announces negotiations for bringing our beloved durian to New Zealand.

PBBM: Talks Ongoing For Philippines Durian Export To New Zealand

1,740
1,740

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Philippines and New Zealand governments are now in talks for the possible entry of durian exports into the New Zealand market, President Ferdinand R. Marcos Jr. said.

Marcos made the announcement during his bilateral meeting with New Zealand Prime Minister Christopher Luxon on the sidelines of the 44th and 45th Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings in Laos on Friday.

“We are talking right now (with) our appropriate ministries. Ours is the Department of Agriculture for the Philippines and the Ministry for Primary Industries in New Zealand. [They] are already in discussion on how to achieve this [durian export],” Marcos said.

Prime Minister Christopher Luxon noted the growing engagement between the two states in the areas of trade and economy.

Earlier, Wellington requested for market access for its onions to the Philippines.

Malacanang said consultations are now ongoing between the Department of Agriculture and the Ministry for Primary Industries of New Zealand, and talks “are expected to be completed soon.”

“I think on the economic front, we’ve talked about onions and pineapples. Pineapples are coming to New Zealand, onions [are] going to the Philippines, I hope. So, I think we’ve made some good progress there,” Luxon said.

On top of trade, Luxon cited the positive developments in Wellington’s engagement with Manila on education, security, as well as the political field.

 

Comprehensive partnership

The Philippines and New Zealand are working on elevating their diplomatic ties and are finalizing the Proposed Roadmap to Comprehensive Partnership 2024-2025.

In the same meeting, Marcos said the two governments have been making “some good progress” on the roadmap’s text.

“I think, the roadmap that’s being finalized now, we should have it ready by the 60th anniversary of [the] establishment of diplomatic relations between our two countries,” Marcos said.

“So, I think that’s well on its way. Quite frankly, there are no real obstacles. It’s just a question of finalizing the language,” he added.

Marcos made the remarks when Luxon asked what needs to be discussed “to keep that moving forward and to get there.”

The Philippines and New Zealand established diplomatic relations on July 6, 1966 and will commemorate the 60th year of the establishment of their diplomatic relations in two years.

The two governments have bilateral agreements on defense and military, environment, labor, air services, law enforcement to combat transnational crimes, and work holiday scheme, among others. (PNA)