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.

Several Mindanao Airports In Line For Modernization

The modernization of Mindanao airports is set to transform travel and boost local economies.

Several Mindanao Airports In Line For Modernization

1,325
1,325

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

More airport modernization and other transport projects in Mindanao are in the pipeline following the successful modernization of Laguindingan Airport, Transportation Secretary Jaime Bautista said Thursday.

During the 1st Mindanao Infrastructure Summit in Davao City, Bautista said the modernization and the recent notice of award given by the Department of Transportation (DOTr) to a private concessionaire for the operation and maintenance of Laguindingan Airport is the second successful modernization after the Ninoy Aquino International Airport.

Transportation infrastructure, he said, is “one of the bright spots for Mindanao, aside from agriculture, digitalization, and energy.”

“We should be working for sustainable and inclusive development in Mindanao,” he added.

To date, Bautista said there is “keen interest” by private investors through the submission of unsolicited proposals for transport infrastructure projects.

Other airports in line for modernization in Mindanao include the Zamboanga, Mati, M’lang, Jolo, Siargao, Tandag, Siargao and Bukidnon airports.

During the event, Bautista also highlighted the Davao Public Transport Modernization project that aims to transform public transport in Metro Davao.

“The Davao Public Transport Modernization Project (DPTMP) is the country’s first-ever network solution to urban congestion,” he said.

Under the DPTMP, more than 600 kilometers of lanes are designated for the exclusive use of traditional buses, electric buses, modern jeepneys, and other modes of public transport in Davao City. (PNA)