JG Summit navigates turbulence with diversified earnings
JG Summit Holdings Inc., the listed flagship investment holding company of the Gokongwei Group, posted a 7-percent increase in first-quarter revenues to P99.9 billion, driven by record passenger traffic at Cebu Pacific, steady demand for branded food products, and resilient contributions from its property and investment portfolio despite mounting economic headwinds.
Shell Pilipinas navigates volatile quarter with caution
Shell Pilipinas Corp. booked P108 million in core earnings for the first quarter as surging oil prices, peso weakness, and intensifying geopolitical tensions disrupted energy markets and squeezed margins toward the end of the period.
DoubleDragon expands empire with MerryMart takeover
DoubleDragon Corp. is moving ahead with its takeover of MerryMart Consumer Corp. after securing regulatory clearance, tightening its hold on the retail sector as it accelerates its transition into a diversified investment holding company.
MacroAsia posts record revenue in Q1 despite profit squeeze
MacroAsia Corp. reported its highest-ever quarterly revenue in the first quarter, even as rising costs and lease-related charges weighed on profitability across its aviation-linked businesses.
Chongqing emerging as key Philippines-China tourism hub
The Philippines sees strong potential for expanded two-way tourism with Western China as cross-border travel interest grows alongside improving air connectivity.
