Gokongwei group sees recovery in consumer demand as restrictions ease

DIVERSIFIED conglomerate JG Summit Holdings Inc. (JGS) registered revenues of P50.4 billion for the third quarter of 2021, a nine percent growth year-on-year. The firm’s core net income for the first nine months of 2021, however, declined to P948 million, albeit still in positive territory. The topline growth was mainly driven by expanded capacity and […]

Senator asks gov’t to ease restrictions on vaccinated local, foreign tourists

A SENATOR called on the government to ease restrictions on fully vaccinated local and foreign tourists to boost the reopening of the industry. “If we’re easing travel restrictions on fully vaccinated Filipinos returning from trips abroad, I don’t see any reason why we should exclude those fully vaccinated foreign and local tourists as they are […]