James L. Go, Chairman of the Gokongwei Group’s flagship JG Summit Holdings Inc., has been bargain-hunting and scooped up ₱48.13 million worth of shares of subsidiaries Robinsons Retail Holdings Inc. (RRHI) and Universal Robina Corporation (URC) this week. As stock analysts are optimistic about...
MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, is moving JG Summit Holdings Inc. and subsidiary Universal Robina Corporation from its large cap to the small cap index. Based on the results of the MSCI’s February 2025 Index...
Preparations are well underway for the Philippines’ chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2026, Department of Foreign Affairs (DFA) Secretary Enrique Manalo said, admitting that “key issues” such as the South China Sea and Myanmar will be among the topics....
First Lady Liza Araneta-Marcos is set to head to Dubai this month to attend the World Governments Summit 2025 which aims to foster international cooperation and identify innovative solutions for future challenges. Photo from First Lady Liza Araneta-Marcos (Instagram) In an Instagram post on Friday,...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, has announced the shutdown of its petrochemical business, JG Summit Olefins Corporation (JGSOC), due to substantial losses incurred amid challenging market conditions. In a statement, JGSOC said, "Given persisting unfavorable market...
A University of the Philippines (UP) geologist, whose research focused on assessing earthquake fault potential using satellite technology, represented Southeast Asia at this year's Global Young Scientists Summit (GYSS). Dr. John Dale Dianala of UPD-CS NIGS represented UP Diliman at the GYSS 2025...
The Philippines would need at least P22 billion to prepare for the hosting of the Association of Southeast Asian Nations (ASEAN) summit in 2026, a Palace official bared. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Executive Secretary Lucas Bersamin revealed this...
19th PropertyGuru Asia Property Awards in Bangkok, Thailand (Photos courtesy of PropertyGuru) The 19th Annual PropertyGuru Asia Property Awards Grand Final, held on December 13 at The Athenee Hotel in Bangkok, Thailand, celebrated the best of Asia’s real estate industry. Supported by V-ZUG...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, is planning a temporary shutdown of its petrochemical business in the hope of reducing its operational losses. “Management noted that the petrochemical industry continues to face significant challenges, marked by continued softness in...
Hari V. Krishnan, CEO and managing director of PropertyGuru Group (Photos courtesy of PropertyGuru) The cities we inhabit—where we live, work, and play—are brought to life through the vision and determination of property developers. From homes and offices to leisure hubs, these developments go...
JG Summit Holdings Inc., the flagship of the Gokongwei family, reported that Lisa Gokongwei-Cheng has resigned as Chief Digital Officer of the company, effective Jan. 1 next year due to a leadership reorganization. In its disclosure to the Philippine Stock Exchange (PSE), the firm said...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, is considering various options to reduce its exposure to the massive losses of its petrochemical business—including possible divestment. According to Abacus Securities Corporation, JG Summit "implied that all options are on the table"...
