siBillionaire Lance Gokongwei is spending 73.6 billion pesos ($1.3 billion) this 12 months to organize his sprawling conglomerate to reap the rewards of a post-pandemic restoration. The JG Summit households are stepping up investments in every of its main airline, lodge and banking companies to make the most of resurgent demand within the Philippines and key markets throughout Southeast Asia. Greater than half of deliberate capital spending will go towards shopping for new plane for Cebu Air, the Philippines’ largest airline, which noticed passenger site visitors greater than quadruple final 12 months as home and worldwide journey resumed after easing of motion restrictions across the space. The remainder of the…