Robinsons Land Corporation (RLC), the property development arm of the Gokongwei group, is planning a P26.67 billion initial public offering for its real estate investment trust (REIT) RL Commercial REIT Inc. RLC REIT has just filed with the Securities and Exchange Commission a registration...
The local stock market is seen to move sideways this week as the previous week’s trading shows that investors are not allowing the PSEi to drop too low while not having enough confidence to buy up share prices. “For trend watchers, the best case is for a sideways drift to appear in the next...
Robinsons Land Corporation (RLC), a leading diversified real estate company in the Philippines, reported that its net income surged 236 percent to P2.9 billion in the first quarter 2021 from the fourth quarter last year. However, based on its disclosures to the Philippine Stock Exchange, first...
The Australian food brand is already available in the Philippines Now more than ever, serving healthy food for the whole family is vital. But due to limited movement brought by the community quarantine, buying healthy and fresh food selections is a challenge every mom is faces. The good thing is,...
Robinsons Retail Holdings, Inc. (RRHI) reported a 2.4 percent improvement in attributable net income attributable to P945 million for the first quarter of 2021. In a disclosure to the Philippine Stock Exchange, the firm said this is due to the company’s efforts to minimize the impact of the...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
Robinsons Retail Holdings, Inc. (RRHI ) is extending its share buyback program for an additional amount of P2.0 billion to improve shareholder value. In a disclosure to the Philippine Stock Exchange, the Gokongwei group’s retail arm said this will be on top of the P2.0 billion share buyback...
Robinsons Bank Corporation, a member of the Gokongwei group of companies, has received a PRS Aa (corp.) issuer credit rating in relation to its outstanding Fixed-Rate bond issue of P5.0 billion due in November 2021. Philippine Rating Services Corporation (PhilRatings) said it has also assigned...
To help the millions of Filipinos who are sending and receiving remittances in the Philippines, Robinsons Bank has introduced its new service, the RBANK REMIT. RBANK REMIT promises an easy, fast, and reliable remittance service that can be accessed through the RBank Digital Online Banking...
Robinsons Land Corporation (RLC), one of the leading diversified real estate companies in the Philippines, reported a decline in net income to P5.26 billion last year, from the P8.7 billion earned in 2019, due to the impact of the pandemic. However, in a disclosure to the Philippine...
Robinsons Retail Holdings, Inc. reported a 25.2 percent drop in unaudited consolidated attributable net income to P2.93 billion last year from the P3.92 billion earned in 2019 due to the economic effects of the pandemic. In a disclosure to the Philippine Stock Exchange, RRHI said unaudited...
Robinsons Retail Holdings Inc. has expanded its e-commerce site gorobinsons.ph to include DIY format Handyman Do it Best and No Brand, a franchise from EMart of Korea. In a disclosure to the Philippine Stock Exchange, RRHI said that, with the inclusion of Handyman Do it Best on the platform,...