gokongwei | ABS-CBN News

JG Summit says revenues surge, net income down in 2022

ABS-CBN News
Posted at Mar 30 09:07 AM

JG Summit said its consolidated net income in 2022 was at P700 million while its revenues reached a record high of P312.4 billion. Read more »

RLC posts P9.75-B net income in 2022, exceeds pre-pandemic level

ABS-CBN News
Posted at Mar 10 10:33 AM

Robinsons Land Corp said its net income attributable to parent reached P9.75 billion in 2022, exceeding 2021 as well as its pre-pandemic level. Read more »

Cebu Pacific eyes full pre-pandemic capacity by March

Michael Joe Delizo, ABS-CBN News
Updated as of Jan 25 08:07 PM

Cebu Pacific said it is set to restore 100 percent of its pre-COVID network and capacity in March, or three years since the pandemic prompted airlines to cut back on flights. Read more »

Diokno lauds PH business leaders' participation in WEF

ABS-CBN News
Posted at Jan 20 04:41 PM

Finance Secretary Benjamin Diokno on Friday praised the country's business leaders who showed support during President Ferdinand Marcos Jr's participation at the World Economic Forum in Davos, Switzerland. Read more »

Philippines' top CEOs bond during World Economic Forum in Davos

Jessica Fenol, ABS-CBN News
Updated as of Jan 20 03:41 PM

Some of the country's richest and top CEOs shared light moments while "waving the Philippine flag" at the sidelines of the World Economic Forum in Switzerland. Read more »

Robinsons Retail says to acquire 4.4 pct stake in BPI

ABS-CBN News
Posted at Jan 06 12:15 PM

Robinsons Retail Holdings Inc said on Friday it plans to acquire 4.4 percent shares in the Bank of the Philippine Islands. Read more »

BPI approves issuances of shares to Robinsons Bank shareholders

ABS-CBN News
Posted at Dec 15 10:15 AM

The Bank of the Philippine Islands on Thursday said its board has approved the issuance of common shares to shareholders of Robinsons Bank Corp as part of the merger between the 2 banks. Read more »

Robinsons Land opens 'rice crop-inspired' mall in Gapan

ABS-CBN News
Posted at Nov 30 11:26 AM

Robinsons Land Corp said on Wednesday it opened its 54th mall located in Central Luzon as part of its expansion plans. Read more »

RLC posts strong earnings in Q3 driven by recovery in malls, real estate businesses

ABS-CBN News
Posted at Nov 11 09:00 AM

Robinsons Land Corp said its net income attributable to parent jumped 130 percent in the third quarter as it benefitted from recovering consumption. Read more »

Gokongwei Group launches GoTyme bank

Jekki Pascual, ABS-CBN News
Updated as of Oct 21 09:50 AM

The Gokongwei Group has formally launched the country's newest digital bank, GoTyme. Read more »

BPI to merge with Gokongwei-led Robinsons Bank

Jessica Fenol, ABS-CBN News
Posted at Sep 30 05:30 PM

The Bank of the Philippine Islands on Friday formally announced its planned merger with the Gokongwei-led Robinsons Bank Corp. Read more »

Robinsons Bank, BPI in discussion for 'potential' deal: JG Summit

ABS-CBN News
Posted at Sep 30 10:19 AM

JG Summit Holdings Inc on Friday said it is in discussion with Bank of the Philippine Islands along with its unit Robinsons Retail Holdings Inc for a potential deal with BPI and Robinsons Bank Corp. Read more »

Uncle John's will be new name of Ministop

ABS-CBN News
Posted at Sep 23 09:22 AM

Goodbye, Ministop. Hello, Uncle John's. Read more »

Gokongweis' GoTyme to offer global debit card

Jekki Pascual, ABS-CBN News
Posted at Sep 06 08:51 PM

The Gokongwei Group's digital bank GoTyme has announced a new debit card that can be used globally, as part of the company's effort to reach unbanked Filipinos. Read more »

Indonesia's 'Most Trusted Company' hails from PH

ABS-CBN News
Posted at Aug 30 03:48 PM

Indonesia's "Most Trusted Company" is a subsidiary of the Philippines' Universal Robina Corp, the Gokongwei-led firm said on Tuesday. Read more »

Sy siblings keep top spot in Forbes Philippines' Richest 2022 list

ABS-CBN News
Posted at Aug 11 10:44 AM

Late tycoon Henry Sy's children remain as the country's richest, according to the Forbes Philippines' Richest 2022 list. Read more »

Gokongwei's SariSuki launch rapid grocery delivery app

Jekki Pascual, ABS-CBN News
Updated as of Jun 23 12:50 PM

Lance Gokongwei and former Grab Philippines president Brian Cu have launched an app called "Supah" which offers to deliver groceries in just 15 minutes. Read more »

Celebration in UP Diliman after Maroons win UAAP Men's Basketball Finals

ABS-CBN News
Posted at May 14 05:30 AM

UP students, alumni and fans celebrate in the Diliman campus after the UP Fighting Maroons beat the Ateneo Blue Eagles in a 72-69 overtime victory in the UAAP Men's Basketball Finals on Friday. Read more »

JG summit net income hit P5.1 billion in 2021

ABS-CBN News
Posted at Mar 30 02:02 PM

JG Summit Holdings Inc said on Wednesday its total net income reached P5.1 billion in 2021 as the company benefitted from looser mobility restrictions in the second half. Read more »

URC net income hits P24.3 billion in 2021

ABS-CBN News
Posted at Mar 07 10:36 AM

Universal Robina Corp on Monday said it posted a net income of P24.3 billion in 2021 mainly driven by the gain from the sale of its Oceania business. Read more »