Braskem
Renato T. Goebel holds a degree in Chemical Engineering from Escola de Engenharia Maua (EEM), postgraduate in Administration at the Fundacao Getulio Vargas (FGV) in Brazil and an MBA from Marshall School of Business – USC in USA together with Jiaotong University in Shanghai, China. He worked in several multinational companies such as Embraer, Klabin and Votorantim group. Started his carrier in Brazil in the procurement and supply chain area, moving to China on 2007 to open Votorantim International’s office in Shanghai. He joined Braskem in 2016 as Asia Commercial Manager for the Chemical business unit, based in Singapore. Under his leadership, Asia market relevance and importance grew inside Braskem and currently is looking for opportunities through strategic projects to strengthen the company’s presence in Asia. He is Braskem´s head of Asia Market for Chemicals since May 2018 and supporting the Feedstock and Chemicals Recycle teams since 2020.
Robinsons Land ends 2020 with P5.3-B profit
March 3, 2021 | 12:05 am
ROBINSONS LAND Corp. closed 2020 with a net income of P5.26 billion, the property developer said on Tuesday without disclosing a comparative figure for the year when it “exhibited resilience and agility.”
“Amid the challenges of 2020, we adopted new ways of working and embraced a mind-set of innovation to continue serving our customers,” Robinsons Land President and Chief Executive Officer Frederick D. Go said in a statement.
The real estate investment arm of JG Summit Holdings, Inc. previously disclosed its 2019 net income at P8.69 billion.
In Tuesday’s disclosure to the stock exchange, the company placed its consolidated revenues at P25.40 billion, lower by 17% compared with the level in 2019.
. Dapat tama lang,” Gavieta explained.
[Translation: In railways, airport systems, toll roads, the government should regulate these in such a way that the private sector’s financial returns aren’t excessive. They should just be the right amount.]
Meanwhile, think tank Infrawatch convener Terry Ridon argued the Department of Transportation threw the private proponent under the bus” when confronted with issues on Megawide-GMR s financial clout. As PPP partners, it was supposed to jointly work with the private proponent to ensure that all eligibility requirements were met prior to submission to the NEDA ICC,” Ridon told CNN Philippines. He noted both sides should have continued working together in the re-submission of a proposal after the body returned the initial one due to incomplete requirements.
By TED CORDERO, GMA News
Published February 23, 2021 11:26am Gokongwei-led conglomerate JG Summit Holdings Inc. has acquired a stake in South Africa-based digital bank Tyme, which is eyeing markets in developing economies particularly in Southeast Asia. In a disclosure to the Philippine Stock Exchange on Tuesday, JG Summit said it has taken part in an estimated P5.3-billion or $110-million investment in Tyme, along with Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, and South African investment holdings company African Rainbow Capital (ARC). Tyme, whose international management arm, TymeGlobal, is headquartered in Singapore, is considered as one of the world’s leading digital banking networks for emerging markets and is majority owned by ARC.
Published February 23, 2021, 4:58 PM
The Gokongwei flagship JG Summit Holdings Inc. (JGS) has invested $5 million to acquire a minority stake in Tyme, one of the world’s fastest-growing digital banks based in South Africa.
In a disclosure to the Philippine Stock Exchange, JG Summit said Tyme is seeking to explore emerging markets in developing economies particularly in the ASEAN.
JG Summit has taken part in an estimated P5.3 billion (US$110 million) investment in Tyme, along with Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, and South African investment holdings company African Rainbow Capital (ARC).
Tyme, whose international management arm, TymeGlobal is headquartered in Singapore, is considered as one of the world’s leading digital banking network for emerging markets, and is majority owned by ARC.