Antitrust watchdog Philippine Competition Commission (PCC) has approved the ₱146-million acquisition by Robinsons Retail Holdings Inc. (RRHI) of Premiumbikes Corp., a motorcycle retailer in the Philippines owned by Lance Gokongwei. In a resolution dated Nov. 6, 2025, PCC cleared RRHI’s planned...
The Gokongwei Group’s Robinsons Retail Holdings, Inc., posted a 3.9 percent improvement in core net earnings to ₱4.2 billion in the first nine months of the year, with the growth driven by gross margin expansion. In a disclosure to the Philippine Stock Exchange, the firm said core net earnings...
The Gokongwei Group’s Robinsons Retail Holdings, Inc. reported a 66.9 percent plunge in attributable net income to ₱2.3 billion in the first half of the year, mainly due to the one-time gain from the Bank of the Philippine Islands – Robinsons Bank merger booked in early 2024. In a disclosure...
Robinsons Supermarket Corp., a wholly owned subsidiary of the Gokongwei Group’s Robinsons Retail Holdings Inc. (RRHI), is expanding into the motorcycle business by acquiring 100 percent of Lance Gokongwei’s Premiumbikes Corp. for ₱146.4 million. In a disclosure to the Philippine Stock...
Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, has reacquired 22.2 percent of the company’s stock from GCH Investments Pte. Ltd., a subsidiary of DFI Retail Group, for ₱15.77 billion. In a disclosure to the Philippine Stock Exchange, RRHI said it has reacquired 315.31 million...
Gokongwei-led Robinsons Retail Holdings, Inc. expects to benefit from higher reciprocal tariffs between the U.S. and its trading partners, as it may eventually lead to oversupply and higher margins for dry goods. “We think the imposition of higher U.S. tariffs on its trading partners could lead...
Gokongwei-led Robinsons Retail Holdings, Inc. is seeing a recovery as its customers are now making bigger purchases at their wide array of stores that includes supermarkets, appliances, pharmaceuticals, and fashion/apparel. “This year is off to a strong start, with the ongoing recovery in basket...
Incoming Philippine Airlines (PAL) President Richard Nutall (left) and incoming Executive Vice President and Chief Operating Officer (COO) Carlos Luis Fernandez (right) Flag carrier Philippine Airlines (PAL) has appointed British national and veteran airline industry executive Richard Nuttall as...
Monde Nissin Corporation COO Michale Stanley D. Tan Food and beverage firm Monde Nissin Corporation is sending its Chief Operations Officer, Michael Stanley D. Tan, to its UK-based meat alternative business, which has been facing financial challenges, to make it more efficient. In a...
Robinsons Retail Holdings, Inc. reported that its attributable net income more than doubled to P10.27 billion last year from P4.1 billion in 2023 due to the one-time gain from the merger of Robinsons Bank into the Bank of the Philippine Islands booked in the first quarter. In a disclosure to the...
Flag carrier Philippine Airlines (PAL) announced that it will be operating thrice weekly nonstop flights to Beijing Capital International Airport beginning March 30, 2025. With this, PAL said it will now have the widest network of flights from the Philippines to four cities in Mainland China. In...
Time, to Philippine Airlines president and pilot Stanley Ng, is precious. Yet he gives it freely, or as generously as he could, given that, like his idols Elon Musk and Steve Jobs, like Jesus Christ himself, he only has 24 hours a day. That’s why, if he could, Stanley, the youngest...
