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CEBU CITY, Philippines – Former Cebu City Mayor Tomas Osmeña has insisted that the P18-billion Kawit Island deal is and will always be beneficial to the city. Osmeña, who spoke in a press conference on Saturday, October…
Gokongwei-led retailer Robinsons Retail Holdings Inc. (RRHI) has expanded its footprint in the pharmaceutical distribution space with the acquisition of 300-store Rose Pharmacy Inc. from Hong Kong-based Jardine Matheson group. Mulgrave Corp., a unit of Jardine’s Daily…
Gokongwei-led property developer Robinsons Land Corp. has raised P13.2 billion from a new offering of local bonds, taking advantage of the slowdown in local interest rates to beef up funds for working capital and future…
CEBU CITY, Philippines – A proud Cebuano. This was how Rep. Raul Del Mar of Cebu City’s first district remembered businessman John Gokongwei Jr., who died Saturday night, November 9, 2019. “He (Gokongwei Jr.) never forgot Cebu…
John Gokongwei Jr., a tycoon who built a thriving consumer business across Asia-Pacific and helped make telecom and airline services more affordable in the Philippines, passed away peacefully on Saturday evening “surrounded by his loved ones.” “Our…
MAKATI CITY, Philippines — Cebu Pacific aims to hit 200 million passengers by the year 2020 with the addition of 12 new aircraft this year. Cebu Pacific received its first A321neo early this week. It will be…
Cebu Citys tell courts: Universal Hotels and Resorts Inc. (UHRI) is technically and financially capable to carry out an P18-billion project on Kawit Island that now forms part of the South Road Properties (SRP). The Cebu City Government,…
The Cebu City Government has assured the court that Universal Hotels and Resorts Inc. (UHRI) has the technical and financial capacity to undertake a P18-billion project. This was the city’s reply to the case filed by Busay…
Cebu City officials got a surprise visit yesterday from one of the country’s biggest business magnates. John Gokongwei Jr., founder and chairman emeritus of JG Summit Holdings Inc., visited and inspected the Kawit property in the South…
AMID the turbulent first half of this year brought about by threats to public safety all over the country, the Philippine hotel industry continues to thrive with the opening of more properties in areas outside Luzon. Elizabeth…
GOKONGWEI-led retailer Robinsons Retail Holdings, Inc. has acquired a majority stake in the country’s largest generics drugstore chain The Generics Pharmacy (TGP) from the Liuson family. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,…
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