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JG Summit earnings rise despite petrochemical drag

JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.

Marcos declares state of national energy emergency 

President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.

Philippines pushes deeper economic ties with Japan

The Philippines is seeking to strengthen and future-proof its long-standing economic partnership with Japan, a relationship seen as critical to regional stability and growth, according to Cezar Consing, president and CEO of Ayala Corp.

GT Capital reassesses capex, growth plans

GT Capital Holdings is reviewing its capital expenditure and growth strategy for 2026 as it navigates uncertainty from an unfolding global crisis, Vice Chairman Alfred Ty said.

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