Friday, May 1, 2026
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Tag: Lance Gokongwei

JG Summit posted P87.9-billion loss in 2025 on petrochemical exit

JG Summit Holdings Inc (JGS) reported a net loss of P87.9 billion in 2025 following a P114.3-billion impairment charge related to the discontinuation of...

JG Summit’s 9-month income rose 5% to P18.8b on strong recurring profits

JG Summit Holdings, Inc. (JGS) said Thursday its net income in the first nine months of 2025 rose 5 percent to P18.8 billion, led...

JG Summit, Darwinbox expand tie-up to speed up digital, talent transformation

JG Summit Holdings Inc. is expanding its partnership with Darwinbox, an AI-powered, mobile-first human capital management (HCM) platform to accelerate its digital transformation and...

Cebu Pacific aims to sustain growth, acquire more aircraft

Cebu Pacific on Thursday said it is aiming to sustain its rapid growth in 2025, fueled by its expanding fleet and network. “Our work over...

JG Summit’s core profit jumps to nearly P25b

Conglomerate JG Summit Holdings Inc. said Thursday its core profit jumped 29 percent year-on-year to P24.9 billion in 2024, lifted by one-time gain from...

Gokongwei steps down as CEO of Robinsons Land to become chair

Property developer Robinsons Land Corp. (RLC) named Maria Socorro Isabelle Aragon-GoBio as its new president and chief executive effective Feb. 1, 2025. Lance Gokongwei, the...

Lance Gokongwei wins Asean entrepreneurial award

Lance Gokongwei, president and chief executive of JG Summit Holdings, is this year’s recipient of the EY-Bank of Singapore Asean Entrepreneurial Excellence award. The prestigious...

Lance Gokongwei asks children to live out dreams

“Don’t be afraid to take risks. Live out your dreams. Be adventurous. Do your own thing. Do what you want to do. Be who...

Aircraft purchases likely to push JG Summit’s 2024 capex above P98b

JG Summit Holdings Inc., the listed holding company of the Gokongwei Group, said Monday it expects its 2024 capital expenditures (capex) to exceed the...

Gokongwei replaces Go as RLC CEO

Robinsons Land Corp. (RLC) chairman Lance Gokongwei will serve as president and chief executive of the property developer after his cousin Frederic Go resigned...

Conglomerates sustain strong rebound

Local conglomerates expect to sustain their recovery from the pandemic in the second half this year amid the continued reopening of the economy. Listed companies...

Marcos scales up jobs with 5 priorities endorsed by Private Sector Advisory Council

With support from the Private Sector Advisory Council (PSAC), President Ferdinand “Bongbong” Marcos, Jr. is firming up concrete plans to create more jobs and...

Cebu Pacific flies its 200 millionth passenger

Cebu Pacific (PSE: CEB), the Philippines’ leading airline, expects to restore over 100 percent of its pre-pandemic domestic capacity in April 2022 after it...

JG Summit unveils P47.8B capex to expand business units

Conglomerate JG Summit Holdings Inc. said Friday it budgeted P47.8 billion for 2021 capital expenditures to support the expansion of property, food manufacturing and...
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