For the third consecutive year, Robinsons Land Corporation (RLC) gathered its leaders and teams to celebrate the most impactful sustainability initiatives across its business units at the Road to Sustainability Awards 2024. Held at the Crowne Plaza Manila Galleria, the event highlighted RLC’s...
Lance Gokongwei, President and CEO of JG Summit Holdings, Inc., is the recipient of the 2024 EY-Bank of Singapore Asean Entrepreneurial Excellence Award. Gokongwei is recognized for his exemplary leadership and significant contributions to the Southeast Asian business landscape. Businessman...
JG Summit Holdings Inc. (JGS), the Gokongwei Group’s diversified conglomerate, posted a 16 percent year-on-year (YoY) improvement in net income to P17.9 billion for the first nine months of 2024. The firm said in a disclosure to the Philippine Stock Exchange (PSE) that higher earnings came on the...
Robinsons Land Corporation (RLC) achieved a 13 percent growth in net income to P10.01 billion in the first nine months of 2024, from P8.84 billion in the same period last year, driven by the company's investment in properties. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Billionaire Enrique K. Razon Jr. is warning the public that he is being used as clickbait through a fabricated news story circulating on Facebook falsely claiming he is being sued by the Central Bank of the Philippines following a "recent interview." Fake news about Enrique K. Razon Jr. being...
JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, reported a 43 percent jump in consolidated attributable net income to P14.8 billion in the first half of 2024 from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it generated a 99...
Billionaires Camille Villar and Lance Gokongwei are the latest among top business executives whom scammers illegally use online to entice victims into investing in fraudulent schemes. Villar, managing director of Vista Land Commercial Division and president and chief executive officer of AllValue...
President Marcos called Cebu Pacific’s (CEB) multi-billion dollar plan to acquire 152 A32neo aircrafts a “very good sign” for the Philippine economy as it can bring significant transformations. President Ferdinand 'Bongbong' Marcos Jr. during his meeting with Cebu Pacific officials...
JG Summit Holding Inc., the flagship of the Gokongwei Group, is aiming to grow its profitability over the next quarters despite the challenging business environment. JG Summit President Lance Gokongwei “While we remain cautious given short term headwinds from elevated fuel prices, interest and...
The Gokongwei Group’s property development arm Robinsons Land Corporation (RLC) plans to expand its residential, mall, and logistics businesses to the tune of P22 billion in capital expenditures. During the firm’s annual stockholders’ meeting, RLC President Lance Gokongwei said "In 2024, we...
Gokongwei-led JG Summit Holdings, Inc., one of the leading Philippine conglomerates, reported that its first quarter 2024 core net income soared 214 percent to P12.6 billion from P4.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this...
Robinsons Land Corporation (RLC) posted a 53 percent jump in attributable net income to P4.07 billion in the first quarter of 2024 from the same period last year due primarily to a one-time gain. In a disclosure to the Philippine Stock Exchange, the firm said that, excluding one-time gain on the...
