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REELECTED Leyte Rep. Ferdinand Martin G. Romualdez today welcomed President Ferdinand R. Marcos Jr.’s directive to establish more disaster response centers across the country, especially amid the spate of typhoons battering the Philippines.

Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.

BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.

Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

The combined impact of Tropical Cyclone Crising and the Southwest Monsoon (habagat) has caused initial agricultural damage amounting to ₱52.74 million, according to the Department of Agriculture (DA). The losses affect 2,099 farmersover 2,466 hectares, resulting in 2,147 metric tons of lost produce.