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The business of JG Summit started in 1954 when Universal Corn Products, Inc. (now Universal Robina Corporation) was established to operate a cornstarch plant in Manila. Since then, JG Summit has pioneered breakthroughs, broadened its enterprise and stayed at the forefront in every phase of the country's rise to development. JG Summit has five (5) core businesses: branded consumer, agro-industrial and commodity food products in Universal Robina Corporation; real estate and hotels in Robinsons Land Corporation and United Industrial Corporation (Singapore); petrochemicals in JG Summit Petrochemicals Corporation; air transportation in Cebu Pacific Air; and financial services in Robinsons Bank. JG Summit's place in Philippine business has for its cornerstone a business portfolio of market leaders, a solid financial position, a formidable management team, and a vision of leading the country to global competitiveness and making life better for every Filipino.