THE Securities and Exchange Commission (SEC) has issued a warning to the public against fraudulent investment schemes that use deepfake technology to falsely associate with well-known figures, including JG Summit Holdings Inc. President and CEO Lance Gokongwei.
MANILA Electric Co. (Meralco) on Monday said that affiliate Vantage Energy had signed a retail electricity supply agreement with the Gokongwei Group to supply power to several properties under JG Summit Holdings, Inc.
FORTY Philippine companies, two more than last year, made it to this year's Fortune Southeast Asia 500 list, an annual ranking of the region's top firms in terms of revenue.
JG Summit Holdings Inc. President and CEO Lance Gokongwei has bagged this year's EY-Bank of Singapore Asean Entrepreneurial Excellence (AEE) award for his 'leadership and contribution to the Southeast Asian business landscape.'
GOKONGWEI-LED JG Summit Holdings Inc. (JGS) on Thursday said that it would be infusing P17.1 billion in fresh capital to wholly-owned subsidiary JG Summit Olefins Corp. (JGSOC) to pay off the latter's maturing loans.
JG Summit Holdings Inc., the holding firm of the Gokongwei Group., said its attributable net income went up by 16 percent to P17.9 billion from the previous year’s P15.37 billion, despite high inflation. Revenues rose 10 percent to P277 billion from the previous year’s P251.33 billion, due to an increasing…
NUSTAR Resort and Casino, a P30-billion integrated resort project owned by Universal Hotels and Resorts Inc. (UHRI), a member of Gokongwei-led JG Summit Holdings Inc., is expected to reshape Cebu's tourism landscape upon its projected completion in 2027.
Positive cues from Wall Street coupled with expectations of lower inflation in August boosted investor sentiment during the first trading day of September.
Much has been said about the story and life of one of the country’s most influential and inspiring tycoons, John Gokongwei Jr. But reliving Big John’s greatness never fails to hit the spot.
Last week Share prices gained for the second straight week due to the rate cut implemented by the Bangko Sentral ng Pilipinas (BSP), the first time in almost four years since the start of the pandemic. The benchmark Philippine Stock Exchange index (PSEi) gained 199.57 points, or 3 percent, to…
GOKONGWEI-LED conglomerate JG Summit Holdings Inc. (JG Summit) saw its core profit in the first six months of 2024 double to P18.1 billion from P9.5 billion last year on a surge in demand for travel and leisure activities and realized gains from the merger between Robinsons Bank and the Bank of the Philippine Islands (BPI) at the start of the year.
JG Summit lands at 55th spot, while Robinsons Retail is at 105 thin the list Two Gokongwei Group conglomerates landed in the inaugural Fortune Southeast Asia 500 ranking for 2024, a first-time list of the largest companies in the region ranked by revenue for the 2023 fiscal year. JG Summit…
Share prices fell despite the decision of the United States Federal Reserve to hold rates steady, as local investors were more concerned about the April inflation data. ,
/PRNewswire/ -- The savory snacks market size is set to grow by USD 32.17 billion from 2022 to 2027. The market is estimated to register a CAGR of 4.91%,...