The ongoing COVID-19 pandemic has shaken economies worldwide in a way that has not been felt since World War II. “Just as my father saw the second world war as a great equalizer, this pandemic has also been an equalizer. The virus has subjected the whole world to a grave health risk that has...
JG Summit Holdings, Inc. (JGS), one of the largest and most diversified conglomerates in the Philippines, registered a 19 percent growth in core net income to P1.7 billion for the first half of 2021. In a disclosure to the Philippine Stock Exchange the firm said higher core earnings came as the...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei group, reported a consolidated net income of P122 million in the first quarter of 2021 from P1.9 billion in the same period last year. Based on the firm’s disclosure to the Philippine Stock Exchange, earnings were weighed down by...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
The Gokongwei flagship JG Summit Holdings Inc. (JGS) has invested $5 million to acquire a minority stake in Tyme, one of the world’s fastest-growing digital banks based in South Africa. In a disclosure to the Philippine Stock Exchange, JG Summit said Tyme is seeking to explore emerging...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
