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 Wants More ‘Kadiwa’ Centers, Asks LGUs To Buy Palay From Farmers

President Marcos aims for more Kadiwa centers and urges local governments to buy from farmers to support agriculture.

PBBM Wants More ‘Kadiwa’ Centers, Asks LGUs To Buy Palay From Farmers

2,169
2,169

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

President Ferdinand R. Marcos Jr. has ordered the establishment of more Kadiwa ng Pangulo centers across the country, even as he urged local government units (LGUs) to buy palay directly from farmers.

In a social media post on Tuesday evening, Marcos said his directives were in line with his government’s thrust to support Filipino farmers and keep rice prices within reach for every Filipino family.

“The DA (Department of Agriculture) and DBM (Department of Budget and Management) have been directed to expand the P29 Rice-for-All program and increase our Kadiwa ng Pangulo centers from 21 to 300 by mid-2025,” Marcos said.

The move, according to Marcos, will bring affordable rice within reach for more communities across the country.

“I’m also calling on our LGUs to buy palay directly from our farmers. This way, our farmers receive fair prices for their hard work, and we can secure a steady supply of rice for everyone,” he added.

Meanwhile, the President also tasked the Department of Finance and the National Economic Development Authority to address rising input costs and climate impacts that affect food prices.

“This is a united effort to support our farmers and keep rice prices within reach for every Filipino family,” the Chief Executive said.

Marcos issued the directives after the Philippine Statistics Authority announced that headline inflation in October was at 2.3 percent, slightly higher than the 1.9 percent recorded in September this year.

Despite the slight uptick, the October inflation is still within the government’s 2 to 4 percent. (PNA)