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...
The Office of the Ombudsman (OMB) has implemented a six-month preventive suspension without pay of Marikina City Mayor Marcelino "Marcy" Teodoro, Vice Mayor Marion S. Andres, and 17 other local officials for the reported misuse of P130 million in Philippine Health Insurance Corporation...
Universal Robina Corp. (URC), the Gokongwei Group’s food and beverage unit, reported a three percent dip in core net income to ₱12.2 billion last year due to lower earnings from its sugar and renewables business (SURE). In a disclosure to the Philippine Stock Exchange, the firm said sales...
Reelectionist Senator Christopher “Bong” Go has called out the Philippine Health Insurance Corp. (PhilHealth) after it reportedly denied a newborn benefits due to an alleged misinterpretation of existing policies. Sen. Christopher "Bong" Go (MB File Photo) Go made the call...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
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...
Senator Imee Marcos (left), Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda took advantage of the recent visit of Senator Imee Marcos to his province in a bid to move the proposed Universal...
Universal Robina Corporation (URC), the food and beverage unit of JG Summit Holdings Inc., announced the appointment of Anna Milagros D. David as the first President of its Branded Consumer Foods (BCF) business in the Philippines. In a statement, the firm said that, David will now oversee...
