Okada Manila is shifting its strategy toward mass-market gamblers and regional tourism partnerships as the integrated resort operator looks to recover from an operating loss last year. Parent company Universal Entertainment Corp. said the company expects the Philippine gaming sector to remain...
Gokongwei-led food and beverage manufacturer Universal Robina Corp. (URC) expects to recover from last year’s weaker earnings performance as lower coffee costs should translate into better margins. “As coffee normalizes, we expect today’s volume momentum to translate into share gains, margin...
Universal Robina Corp. (URC) is ceding control of its instant-noodle joint venture to its Japanese partner as the company pivots to a minority role in the local segment. In a disclosure to the Philippine Stock Exchange, URC announced that the food and beverage arm of the Gokongwei group entered...
Senator Loren Legarda has sponsored a bill seeking to strengthen Republic Act No. 10931, or the Universal Access to Quality Tertiary Education Act, through reforms aimed at promoting equity, accountability, and sustained support for the country’s poorest students. “We are a nation that tells...
The Department of Education (DepEd) on Monday, February 2, underscored the importance of learner participation in shaping education reforms as it moves toward a more future-ready and learner-centered system, with a focus on strengthening foundations in early education. During the International Day...
The Commission on Higher Education (CHED) announced it has launched an internal review and pledged full cooperation with investigators following a Commission on Audit (COA) report flagging P20 billion in unliquidated and delayed education subsidy grants under the Tertiary Education Subsidy (TES)...
The Supreme Court’s ruling ordering the government to return the P60-billion funds from the Philippine Health Insurance Corp. (PhilHealth) only confirms that the law leaves no room for diversion, Sen. Pia Cayetano said. Cayetano pointed this out as she reiterated her belief PhilHealth funds must...
A Filipino-owned Vietnamese company and six Philippine firms were named to the inaugural Fortune Asia 100 Best Companies to Work For in Southeast Asia list, with two subsidiaries of the Gokongwei Group making the cut. Jollibee Foods Corp.’s Highlands Coffee ranked ninth on the list, according to...
Reduced liabilities from its mothballed petrochemical unit, combined with stronger performances in travel and real estate, helped propel core earnings at JG Summit Holdings Inc., the country’s second-largest conglomerate by market value. In a disclosure to the Philippine Stock Exchange, JG Summit...
Universal Robina Corp., the food and beverage arm of the Gokongwei Group, reported a 5.7 percent improvement in attributable net income to ₱8.48 billion for the nine months of 2025 from ₱8.02 billion for the same period last year on the growth of its branded consumer foods (BCF) business. In a...
Senator Pia Cayetano on Tuesday, November 4 urged lawmakers to ensure that the P60-billion budget returned to the Philippine Health Insurance Corp. (PhilHealth) must be kept in the 2026 national budget. As ordered by President Marcos, Cayetano said the President’s directive should not only be...
The National Disaster Risk Reduction and Management Council (NDRRMC) said on Sunday, Nov. 2, that it was closely monitoring a massive environmental threat Negros Oriental after a wastewater spill from a collapsed containment lagoon in Bais City stained the local marine environment. Undersecretary...
