+ Follow JG Summit Tag
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[ArticleID] => 2548837
[Title] => JG Summit earns less as airline unit withers
[Summary] => Weak performance of its airline business dragged down core earnings of conglomerate JG Summit Holdings Inc. of the Gokongwei Group in the first half, with profitability challenges expected to persist for the rest of the year.
[DatePublished] => 2026-08-13 00:00:00
[ColumnID] => 0
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[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[ArticleID] => 2528401
[Title] => JG Summit braces for losses amid Mideast conflict
[Summary] => Conglomerate JG Summit Holdings Inc. of the Gokongwei Group is bracing for potential losses should oil prices remain elevated amid the ongoing Middle East crisis.
[DatePublished] => 2026-05-17 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2026/05/16/9_2026-05-16_18-30-577_thumbnail.jpg
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[ArticleID] => 2418953
[Title] => JG Summit’s Olefins Corp on 'indefinite commercial shutdown'
[Summary] => JG Summit [JGS 16.16 ?6.5%; 387% avgVol] [link] confirmed reports that it has placed its money-burning subsidiary, JG Summit Olefins Corp (JGSOC), on an “indefinite Commercial shutdown.”
[DatePublished] => 2025-02-03 09:02:00
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[SectionName] => Stock Commentary
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[ArticleID] => 2418022
[Title] => JG Summit shuts down petrochemicals
[Summary] => Conglomerate JG Summit Holdings Inc. is shutting down indefinitely its petrochemicals unit amid industry challenges.
[DatePublished] => 2025-01-31 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/01/30/jg_2025-01-30_19-34-24831_thumbnail.jpg
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[4] => Array
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[ArticleID] => 2405011
[Title] => Lisa Gokongwei-Cheng exits as JG Summit CDO
[Summary] => Lisa Gokongwei-Cheng is stepping down as chief digital officer of conglomerate JG Summit Holdings Inc. after more than four years.
[DatePublished] => 2024-12-05 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/12/04/jg_2024-12-04_18-34-11791_thumbnail.jpg
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[5] => Array
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[ArticleID] => 2400193
[Title] => Petrochem unit gets P17 billion from JG Summit
[Summary] => Conglomerate JG Summit Holdings Inc. is injecting fresh capital to its petrochemicals unit to pay off maturing obligations.
[DatePublished] => 2024-11-15 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/11/14/jg_2024-11-14_20-06-16655_thumbnail.jpg
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[6] => Array
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[ArticleID] => 2399895
[Title] => JG Summit income rises on bank merger, revenue gains
[Summary] => Double-digit revenue expansion and bank merger gains powered conglomerate JG Summit Holdings Inc. to a strong profit growth in the nine months ending September.
[DatePublished] => 2024-11-14 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/11/13/jg_2024-11-13_19-46-21260_thumbnail.jpg
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[7] => Array
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[ArticleID] => 2327137
[Title] => President Marcos: Replace red tape with red carpet
[Summary] => Following a revamp of his economic team, President Marcos has renewed his commitment to cut red tape and make it easier for businesses to operate in the country.
[DatePublished] => 2024-01-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804761
[AuthorName] => Helen Flores
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2024/01/19/12_2024-01-19_21-32-39163_thumbnail.jpg
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[8] => Array
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[ArticleID] => 2327167
[Title] => President Marcos inaugurates JG Summit’s petrochem plant
[Summary] => President Marcos inaugurated yesterday the P150-billion expanded petrochemical facility of JG Summit Olefins Corp. (JGSOC) in Batangas City, a development that is seen to create thousands of local jobs.
[DatePublished] => 2024-01-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804761
[AuthorName] => Helen Flores
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2024/01/19/5_2024-01-19_21-54-13548_thumbnail.jpg
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[9] => Array
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[ArticleID] => 2326776
[Title] => JG Summit RE arm makes milestone in solar rooftop
[Summary] => Merbau Corp., the renewable energy arm of conglomerate JG Summit Holdings Inc., has inaugurated its 13.81-megawatt peak roof-mounted solar power project in Batangas City, which is considered as the biggest consumer-driven rooftop solar installation in the country.
[DatePublished] => 2024-01-19 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/01/18/bus3-jg-summit-grows2019-08-1419-48-132023-11-1520-28-58_2024-01-18_18-43-1654_thumbnail.jpg
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JG Summit
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[ArticleID] => 2548837
[Title] => JG Summit earns less as airline unit withers
[Summary] => Weak performance of its airline business dragged down core earnings of conglomerate JG Summit Holdings Inc. of the Gokongwei Group in the first half, with profitability challenges expected to persist for the rest of the year.
[DatePublished] => 2026-08-13 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 2528401
[Title] => JG Summit braces for losses amid Mideast conflict
[Summary] => Conglomerate JG Summit Holdings Inc. of the Gokongwei Group is bracing for potential losses should oil prices remain elevated amid the ongoing Middle East crisis.
[DatePublished] => 2026-05-17 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2026/05/16/9_2026-05-16_18-30-577_thumbnail.jpg
)
[2] => Array
(
[ArticleID] => 2418953
[Title] => JG Summit’s Olefins Corp on 'indefinite commercial shutdown'
[Summary] => JG Summit [JGS 16.16 ?6.5%; 387% avgVol] [link] confirmed reports that it has placed its money-burning subsidiary, JG Summit Olefins Corp (JGSOC), on an “indefinite Commercial shutdown.”
[DatePublished] => 2025-02-03 09:02:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] =>
[AuthorName] =>
[SectionName] => Stock Commentary
[SectionUrl] => stock-commentary
[URL] => https://media.philstar.com/photos/2021/07/01/stock-commentary-thumbv3jpg_2021-07-01_08-58-57178_thumbnail.jpg
)
[3] => Array
(
[ArticleID] => 2418022
[Title] => JG Summit shuts down petrochemicals
[Summary] => Conglomerate JG Summit Holdings Inc. is shutting down indefinitely its petrochemicals unit amid industry challenges.
[DatePublished] => 2025-01-31 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/01/30/jg_2025-01-30_19-34-24831_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 2405011
[Title] => Lisa Gokongwei-Cheng exits as JG Summit CDO
[Summary] => Lisa Gokongwei-Cheng is stepping down as chief digital officer of conglomerate JG Summit Holdings Inc. after more than four years.
[DatePublished] => 2024-12-05 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/12/04/jg_2024-12-04_18-34-11791_thumbnail.jpg
)
[5] => Array
(
[ArticleID] => 2400193
[Title] => Petrochem unit gets P17 billion from JG Summit
[Summary] => Conglomerate JG Summit Holdings Inc. is injecting fresh capital to its petrochemicals unit to pay off maturing obligations.
[DatePublished] => 2024-11-15 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/11/14/jg_2024-11-14_20-06-16655_thumbnail.jpg
)
[6] => Array
(
[ArticleID] => 2399895
[Title] => JG Summit income rises on bank merger, revenue gains
[Summary] => Double-digit revenue expansion and bank merger gains powered conglomerate JG Summit Holdings Inc. to a strong profit growth in the nine months ending September.
[DatePublished] => 2024-11-14 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/11/13/jg_2024-11-13_19-46-21260_thumbnail.jpg
)
[7] => Array
(
[ArticleID] => 2327137
[Title] => President Marcos: Replace red tape with red carpet
[Summary] => Following a revamp of his economic team, President Marcos has renewed his commitment to cut red tape and make it easier for businesses to operate in the country.
[DatePublished] => 2024-01-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804761
[AuthorName] => Helen Flores
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2024/01/19/12_2024-01-19_21-32-39163_thumbnail.jpg
)
[8] => Array
(
[ArticleID] => 2327167
[Title] => President Marcos inaugurates JG Summit’s petrochem plant
[Summary] => President Marcos inaugurated yesterday the P150-billion expanded petrochemical facility of JG Summit Olefins Corp. (JGSOC) in Batangas City, a development that is seen to create thousands of local jobs.
[DatePublished] => 2024-01-20 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804761
[AuthorName] => Helen Flores
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2024/01/19/5_2024-01-19_21-54-13548_thumbnail.jpg
)
[9] => Array
(
[ArticleID] => 2326776
[Title] => JG Summit RE arm makes milestone in solar rooftop
[Summary] => Merbau Corp., the renewable energy arm of conglomerate JG Summit Holdings Inc., has inaugurated its 13.81-megawatt peak roof-mounted solar power project in Batangas City, which is considered as the biggest consumer-driven rooftop solar installation in the country.
[DatePublished] => 2024-01-19 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1805259
[AuthorName] => Richmond Mercurio
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/01/18/bus3-jg-summit-grows2019-08-1419-48-132023-11-1520-28-58_2024-01-18_18-43-1654_thumbnail.jpg
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)
)
abtest
February 3, 2025 - 9:02am
