JG Summit Holdings President and CEO Lance Gokongwei is taking over the helm of real estate unit Robinsons Land Corporation (RLC) after Frederick D. Go resigned from the post to join the Marcos administration. In separate disclosures to the Philippine Stock Exchange (PSE), RLC and RL Commercial...
Rizal Commercial Banking Corporation (RCBC), a core business of the Yuchengco Group, reported a 10 percent decline in net income to P9 billion in the first nine months of 2023 from the P10.1 billion earned in the same period last year. In a statement, the bank said net income came on the back of a...
The industrial sector has started showing signs of prospective rebound as the drop on energy sales had already narrowed down to 1.0%, power utility giant Manila Electric Company (Meralco) has noted. Sales to manufacturing facilities and key industries, the power firm said, hovered at 10,570...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, reported a four percent improvement in revenues to P4.1 billion in the first nine months of the year. However, the firm has yet to disclose its net income for the period to the Philippine Stock Exchange...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) reported that its net income improved slightly to P6.2 billion for the first half of 2023 from the P6.14 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said growth was supported by a...
The past year has seen the launch of many new electric vehicles for the private sector. However, for corporations looking to make their fleets more green, there have been few options. Diamond Auto Group hopes to change that with their new lineup of Dongfeng commercial electric vehicles. Under...
Gayatri Bery, a non-executive director and member of the Risk Oversight Committee for RCBC. A board member of Rizal Commercial Banking Corp. (RCBC), Gayatri Bery, has been conferred as a Qualified Risk Director® after being awarded a prestigious Certificate in Risk Governance® from the DCRO...
* *Rizal Commercial Banking Corporation ( * *the Bank)  will be holding its annual meeting of stockholders on July 3, 2023, Monday at 4:00 PM,  virtually through  [https://www.rcbc.com/ASM2023](https://www.rcbc.com/ASM2023) A copy of the official announcement published in...
QUEZON – Three commercial vessels were apprehended by authorities in Tayabas Bay for fishing without licenses. The Bureau of Fisheries and Aquatic Resources-Region 4-A-Fisheries Protection and Law Enforcement Group (BFAR4A-FPLEG)-Eastern Seaboard, Western Seaboard and Naval Forces Southern Luzon...
Rizal Commercial Banking Corporation reported a 71 percent surge in net income to P12.1 billion last year, supported by the double-digit increase in core business income. In a disclosure to the Philippine Stock Exchange, the bank said its fee income also showed marked improvement of 19 percent from...
From left: SEC Chair, Atty. Emilio B. Aquino; ICD Vice Chair and President, Ma. Aurora D. Geotina-Garcia, FICD; RCBC Chief Compliance Officer, Mr. Brent Estrella; RCBC Lead Independent Director, Juan B. Santos; PSE President, Ramon S. Monzon; and ICD Chairman, Atty. Cesar L. Villanueva, FICD. The...
Robinsons Land Corporation’s RL Commercial REIT, Inc. (RCR), the Philippines’ largest real estate investment trust, reported a 162 percent jump in unaudited net income to P4.4 billion last year from P1.68 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the P4.4...
