President Marcos is expected to push for the speedy conclusion of the Association of Southeast Asian Nations (ASEAN)-China Code of Conduct (COC) during his participation at the ASEAN Summit in Kuala Lumpur, Malaysia next week. Marcos will follow through on his call to ASEAN member states to...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, is directly shouldering the debts of its petrochemicals subsidiary which will soon be letting go of its workers due to its two-year plant shutdown and possible disposal. During the firm’s annual stockholders’ meeting, JG...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, is optimistic that its revenues and core earnings will continue to improve this year although shutdown costs of its petrochemical plant took a sizeable bite out of profits. “We are hopeful that the encouraging trends we are...
SINGAPORE—The Philippine government is currently sharpening its next climate battle plan that will anchor its third round of nationally determined contributions (NDC 3.0) submission ahead of the COP30 Climate Change Summit slated at the Amazonian city of Belem in Brazil by November this year. In...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
Summit Villas Siargao groundbreaking ceremony. Ronald Paulo, SVP, RLC – Construction Management, Mae Millo, Mega Mykon Builders, Annalyn Yap, VP, Robinsons Hotels and Resorts, Barun Jolly, SVP, Robinsons Hotels and Resorts, Haresh Hiranand, president, Hira Holdings, Inc., Seth Hiranand, managing...
The Gokongwei Group is increasing its investments for its real estate and food and beverage units while investments for aviation drops as it expects fewer aircraft and engine deliveries. JG Summit Holdings Inc. said the sharply lower capital expenditures of Cebu Air Inc., down 49 percent to P33...
JG Summit President and CEO Lance Gokongwei Gokongwei-led JG Summit Holdings Inc. (JGS), one of the Philippines’ largest and most diversified conglomerates, reported a 29-percent year-on-year growth in core profits to ₱24.9 billion in 2024. In a disclosure to the Philippine Stock Exchange, the...
Worldbex goes beyond a traditional exposition, serving as a dynamic platform that extends its impact beyond exhibitors to immersive activities designed to engage and educate its audience. One of its most anticipated highlights, Worldbex Summit 2025, promises to deliver valuable insights, ensuring...
DAVAO CITY – The tourism industry here is set for more significant growth as the Panorama Summit Hotel and the Montefrio Garden Resort formally inked a year-long partnership to attract more tourists here on Tuesday afternoon, March 4. THE Panorama Summit Hotel signs a partnership with the...
Robinsons Hotels and Resorts (RHR), the hospitality business unit of Robinsons Land Corporation (RLC), is set to expand further with the construction of new hotels in Pangasinan, Cebu, and Panglao. In a disclosure to the Philippine Stock Exchange, RLC said it will start its expansion in Bohol with...
ILOILO CITY — The 5th Philippine Environment Summit is pushing climate neutrality. THE 5th Philippine Environment Summit in Iloilo City ends on Friday, Feb. 21. (MICE Center Iloilo) “Instead of feeling desperate or helpless, we are gathering stories on how different sectors of...