Universal Robina Corp. (URC) has named seasoned marketer Karen Ong as its new Chief Marketing Officer, bringing in a highly experienced and reliable hand as it seeks to further expand its brands footprint in the region. Karen has over two decades of experience with various multinational firms. She...
As of Friday (July 4), the energy sector was buzzing with one juicy tidbit: OIC Sharon Garin 's appointment papers will reportedly make her ‘Acting’ Secretary. Naturally, the whole industry has raised eyebrows and asked in chorus: Wait, is the search for the next Energy Secretary still...
The Department of Health (DOH) on Wednesday, June 25, expressed full support for the Governance Commission for GOCCs’ (GCG) approval of the long-anticipated reorganization of the Philippine Health Insurance Corporation (PhilHealth). In a statement, DOH Secretary Teodoro J. Herbosa said the move...
Economic advocacy group Action for Economic Reforms (AER) backs the Department of Finance’s (DOF) stance to retain Philippine Health Insurance Corp.’s (Philhealth) five-percent premium rate, warning that any reduction would have catastrophic consequences for the country’s health financing...
After nearly seven years of service, Commission on Higher Education (CHED) Chairman Prospero “Popoy” de Vera III has officially stepped down from his post, following the acceptance of his courtesy resignation by President Marcos. In a statement released on Thursday, May 29, de Vera expressed...
US-basaed Capital Group Companies Inc. (CGC), one of the world’s largest investment management firms with over $2.6 trillion in assets, reported that it now has accumulated a 5.052 percent stake in the Gokongwei Group’s Universal Robina Corporation afte. In a disclosure to the Philippine Stock...
Universal Robina Corporation (URC), the Gokongwei Group’s food and beverage unit, is has opened a new research and development center under its Malaysian subsidiary, URMunchy’s, as it bids to set the pace in snack innovation across Southeast Asia. “This center is not just a facility: It’s...
As inflation continues to ease, the Gokongwei Group’s food and beverage unit Universal Robina Corporation reported that noted that consumers are now less likely to purchase cheaper alternatives to their preferred products. “We are benefiting from more positive consumer sentiment in the...
Universal Robina Corporation (URC), the Gokongwei Group’s food and beverage unit, expects its growth to accelerate as rising consumer confidence leads to higher sales. “We are starting the year on a high note, delivering impressive volume growth across our key branded businesses in the first...
Tobacco farmer Eddie Garabiles takes a midday rest under the shade of his curing barn. Summer’s heat could peak at 51 degrees Celsius this afternoon, so Eddie Garabiles, 55, took shelter under the shade of the curing barn he made with coconut leaves, its frame held together by bamboo. He could...
Senator Christopher “Bong” Go said he welcomes the Philippine Health Insurance Corporation’s (PhilHealth) target to raise its hospital bill coverage to 18 percent by 2025 and 28 percent by 2028. Sen. Christopher “Bong” Go However, Go, chairman of the Senate Committee on Health and...
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...
