UNICEF Change for Good with Cebu Pacific back inflight ON THE GROUND Through the support of individual donors and corporate partners such as Cebu Pacific, UNICEF is still on the ground in Odette-affected areas to provide supplies and assistance for sustainable support in health and nutrition,...
The Philippines sees its first step into the future of dining with Kra-Verse Food Hall LET'S GET DIGITAL Map of the first-ever Filipino metaverse food hall, Kra-Verse The future is here. The Philippines has shown that we are in no way lagging behind in terms of innovations and food. The country’s...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, reported a turnaround with consolidated attributable net income surging to P5.1 billion last year from a net loss of P468 million in 2020. In a disclosure to the Philippine Stock Exchange, the firm said it remains on track to full...
The Gokongwei Group, through the Gokongwei Brothers Foundation (GBF), and its employees reached out to help thousands of victims of Typhoon Odette even though they themselves had also suffered damages. When the typhoon ravaged the country just a few days before Christmas, the Group’s employees...
JG Summit Holdings, Inc., one of the country’s largest and most diversified conglomerates, core net income declined 21 percent to P948 million in the first nine months of 2021 from the P1.2 billion earned in the same period last year weighed down by its airline business unit. In a disclosure to...
Investment house AB Capital Group is beefing up its operations after it suddeny hulked up with the entry of some of the country’s top billionaires into its board of directors. This comes after private investment holding firm The Campden Hill Group took control from the Gaisano family’s Vicsal...
The ongoing COVID-19 pandemic has shaken economies worldwide in a way that has not been felt since World War II. “Just as my father saw the second world war as a great equalizer, this pandemic has also been an equalizer. The virus has subjected the whole world to a grave health risk that has...
JG Summit Holdings, Inc. (JGS), one of the largest and most diversified conglomerates in the Philippines, registered a 19 percent growth in core net income to P1.7 billion for the first half of 2021. In a disclosure to the Philippine Stock Exchange the firm said higher core earnings came as the...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei group, reported a consolidated net income of P122 million in the first quarter of 2021 from P1.9 billion in the same period last year. Based on the firm’s disclosure to the Philippine Stock Exchange, earnings were weighed down by...
The Gokongwei Group, through private investment firm JE Holdings, is infusing P1.25 billion into Shakey’s Pizza Asia Ventures Inc. (PIZZA) as a new strategic investor of the Po family-controlled food chain. In a disclosure to the Philippine Stock Exchange, Shakey’s said that,...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
The Gokongwei flagship JG Summit Holdings Inc. (JGS) has invested $5 million to acquire a minority stake in Tyme, one of the world’s fastest-growing digital banks based in South Africa. In a disclosure to the Philippine Stock Exchange, JG Summit said Tyme is seeking to explore emerging...