JG Summit incurs ₱2 8-B net loss in first quarter cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
JG Summit Holdings Inc., the holding firm of the Gokongwei Group, said it posted a consolidated core net loss of P689 million in the first quarter, from last year’s P232-million income on the continuing weakness of its airline business. Coupled with peso depreciation and mark-to-market losses, the company said it…
Budget carrier Cebu Pacific has expanded its partnership with insurance provider AXA Philippines to introduce Piso Protect, an affordable personal accident micro insurance. Piso Protect policyholders are entitled to the following benefits: disablement coverage of up to P250,000, daily hospitalization coverage of P1,000 per day for a maximum of P5,000,…