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JG Summit President Lance Gokongwei

JGS expanding petrochemical plant

By James A. Loyola   JG Summit Holdings, Inc., the flagship of the Gokongwei family, is investing an additional $700 million for the expansion of…


BSP tightens banks’ reporting standards

By Lee C. Chipongian The Bangko Sentral ng Pilipinas (BSP) will impose stricter monetary penalties on erring banks with reporting violations beginning next year. The…

Global Ferronickel Holdings, Inc.

Nickel miner bullish on higher shipments, prices

By James A. Loyola Global Ferronickel Holdings, Inc. (FNI), the second largest nickel ore producer in the Philippines, is bullish about its prospects for the…