Tag: Robinsons Land

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Robinsons Land channels stock sale proceeds to growth

Robinsons Land Corp. (RLC), the property arm of the Gokongwei Group, said that as of end-2025, the remaining balance from the proceeds of its block placement amounted to P562.1 million, to be utilized following disbursements made last year.

RLC profit climbs on strong portfolios

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

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

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

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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Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.

Medical center teams up with Singapore partners to boost geriatric care in Southern Luzon

The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.

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