Tag: Robinsons Land

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Robinsons Land board OKs sale of 1B RL REIT shares

Corporate Context.ph Context.ph -
Robinsons Land Corp. (RLC) announced that its board of directors has approved the sale of one billion common shares in RL Commercial REIT, Inc. (RCR) through a secondary block trade transaction valued at P7.75 billion.

Robinsons Offices expands footprint in Davao

Property Context.ph Context.ph -
Robinsons Land Corp., through its office development arm Robinsons Offices, is set to transform Davao City’s business landscape with a new world-class office tower along JP Laurel Street. 

RL Commercial REIT unaudited 2022 net profit of P4.4B, 16% over plan

Corporate Context.ph Context.ph -
RL Commercial REIT Inc. (RCR), the country's largest real estate investment trust sponsored by Robinsons Land Corp., said Tuesday it posted 2022 unaudited net income of P4.4 billion, excluding the fair value change in investment properties.

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Oil surge rattles peso, tests policy

Energy & Mining 0
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

Trade & Investments 0
The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.

Manufacturers hold prices amid Middle East tension

Economy 0
Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.

Gov’t to buy 2 barrels of oil to boost national supply

Economy 0
The Philippine government is set to purchase 2 million barrels of oil to strengthen the country’s fuel buffer stock, Department of Finance Secretary Frederick Go announced Tuesday.

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