After P2-B investment, Gokongwei joins PhilWeb board



Rockwell Land Corp. has secured a P15-billion long-term loan facility from Bank of the Philippine Islands (BPI), giving…

Philex Mining Corp. remained in the red in the first half of the year despite a sharp rebound in second-quarter…

Federal Express Corp. (FedEx) and JA Philippines have named six Filipino students who will represent the country in the…

Authorities seized more than P3 billion worth of radioactive and structurally substandard steel products during a joint…

‘In Zambales, we are not only building one of the country’s largest renewable energy hubs — we are investing in…
Lance Y. Gokongwei has taken a bigger role at listed PhilWeb Corp., joining its board of directors just months after making a P2.03-billion strategic investment as the company accelerates its technology and artificial intelligence expansion.
"I am pleased to join PhilWeb as a Board Director at an important stage in the Company's development,” Gokongwei said.
“Technology infrastructure, operational intelligence, compliance systems, and scalable digital platforms are becoming increasingly important across regulated digital ecosystems. I look forward to working closely with the Board and management team as PhilWeb continues building long-term infrastructure, technology capabilities, and operational scale," he added.
PhilWeb said Gokongwei will help oversee its long-term infrastructure, technology, and AI-driven operational roadmap as the company scales its digital capabilities.
"We are honored to welcome Lance Gokongwei as a Board Director of PhilWeb. His experience in institutional leadership, long-term strategic planning, and capital allocation will be invaluable as the Company continues its next phase of growth and transformation," PhilWeb President Edgar Brian K. Ng said.
The company is expanding beyond platform operations, investing in AI-powered operational systems, compliance and risk management technology, analytics, automation, and scalable digital infrastructure to support licensed operators in the regulated digital entertainment industry.
"PhilWeb is entering a new stage of operational scale, governance strengthening, and technology-driven expansion. We believe this appointment further reinforces the Company's long-term direction and institutional development," Ng added.