Tag: Robinsons Land

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RLC profit climbs on strong portfolios

Property Context.ph Context.ph -
Robinsons Land Corp. (RLC), listed propety development arm of the Gokongwei Group, posted a P3.30 billion profit in the third quarter, buoyed by strong performances across both its investment and development portfolios. Third-quarter results pushed net income attributable to the parent of P10.17 billion for the first nine months of the year—up 2 percent year-on-year.

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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SEC proposes umbrella mutual fund, tighter rules for online lenders

Corporate 0
The Securities and Exchange Commission (SEC) is pushing for the creation of an “umbrella mutual fund” to make investing easier and help grow the country’s capital markets.

PSAC backs AI upskilling, faster job matching drive 

Communications & Technology 0
The Private Sector Advisory Council (PSAC) is pushing a coordinated set of measures to protect jobs and speed up workforce transformation as global economic uncertainty weighs on employment prospects.

AC Mobility accelerates nationwide EV ecosystem buildout drive

Transport & Logistics 0
AC Mobility said the shift to electric mobility in the Philippines is gathering pace as the company ramps up investments in infrastructure critical to supporting broader electric vehicle (EV) adoption.

Weight-loss drugs work—until you stop taking them

Education, Health & Science 0
A major review published in the British Medical Journal offers a polite but firm reminder that weight-loss drugs are not magic. They are more like a lease with fine print. They work impressively well, but the benefits may not stick around once the treatment ends.

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