Tuesday, 8 July 2025
7 days ago
Meralco’s Vantage Energy to power 35 Gokongwei Group properties
Vantage Energy, the retail electricity supplier affiliate of Manila Electric Co. (Meralco), has signed a Retail Electricity Supply Agreement (RESA) to energize 35 key properties of the Gokongwei Group across the country.
29 Jun 2025
12:19PM
PLDT, JG Summit: Internal audit vital in age of AI and cybersecurity
At a time of accelerating disruption—from artificial intelligence (AI) to mounting cybersecurity threats—PLDT Inc., Smart Communications, and JG Summit Holdings are calling for a redefined view of internal audit as a strategic ally, not just a watchdog.
25 Jun 2025
5:16PM
JG Summit rises five spots in 2025 Fortune Southeast Asia 500 ranking
Philippine conglomerate JG Summit Holdings Inc. climbed five spots to No. 50 in the 2025 Fortune Southeast Asia 500, marking a milestone as it celebrates its 35th founding anniversary.
23 Jun 2025
1:09PM
Gokongwei group expands green energy push with MPower contract renewal
MPower, the retail electricity supply unit of Manila Electric Co. (Meralco), has renewed its power supply contract with the Gokongwei Group, expanding its coverage to include a broader portfolio of companies across Luzon, the parties announced on Monday, June 23.
14 May 2025
2:14PM
JG Summit sees strong Q1 revenue; profit drops after merger gains fade
The Gokongwei family-led conglomerate JG Summit Holdings posted P98.2 billion in revenue and P4.4 billion in core profit in the first quarter of 2025, with revenue rising 2 percent year-on-year while core earnings fell 65 percent due to the absence of last year’s P7.9 billion bank merger gains.
27 Mar 2025
5:55PM
Lance Gokongwei sees stronger 2025 for JG Summit after ‘mixed results’ last year
JG Summit reported a 29-percent increase in core net income to P24.9 billion for full-year 2024, lifted by sustained topline growth and one-time gains from the merger of Robinsons Bank with Bank of the Philippine Islands.
30 Jan 2025
11:30PM
Tough Call: JG Summit shuts down struggling business, layoffs on the horizon
By: Miguel R. Camus
Conglomerate JG Summit Holdings is cutting losses in its struggling petrochemicals business to focus on more profitable ventures while waiting for the industry to recover.
17 Nov 2024
3:36PM
Lance Gokongwei honored for transformative impact on Southeast Asian business
Tycoon Lance Y. Gokongwei’s transformative influence on Southeast Asia’s business landscape has earned him the prestigious EY-Bank of Singapore ASEAN Entrepreneurial Excellence Award.
13 Nov 2024
3:46PM
Lance Gokongwei eyes strong Q4 as JG Summit posts 16% growth in 9-month profit
Tycoon Lance Gokongwei is counting on a strong fourth quarter to cap off a solid year for the family conglomerate, JG Summit Holdings.
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