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RLC sells P8.5 billion shares in REIT unit

Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Cebu Pacific FY23 profit: P7.9-B (up 156%)

Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

JG Summit FY23 profit: P19.6-B (up 216%)

JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Cebu Pacific receives fuel-efficient A321 aircraft

Gokongwei-led Cebu Pacific continues to ramp up its commitment to advance sustainability and strengthen its operational resiliency amid the rising demand in air travel as it received another Airbus A321neo last Thursday......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

URC income down in 2023

Gokongwei-led snack foods giant Universal Robina Corp. saw its net income decline in 2023 despite maintaining strong sales......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Where have all the nurses gone?

I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Cebu Pacific passenger volume hovers near pre-pandemic high

Passenger traffic at Cebu Pacific has inched closer to its pre-pandemic high due to the resurgence of travel demand to mostly local destinations, the Gokongwei-owned budget airline said......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Gokongweis dream big, launch ‘The Jewel’ to match Marina Bay Sands, Twin Towers, Taipei 101

Robinsons Land CEO Lance Gokongwei tells Rappler the Philippines will be proud of the P25-billion 'The Jewel' project along EDSA that they hope will become an architectural icon.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024

URC’s Malaysia unit bags 2 international awards

Universal Robina Corp. (URC), the Gokongwei-led listed snack foods giant, has received recognition for its subsidiary in Malaysia......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Aktor tumanggi sa ‘dream project’ dahil ‘di makakasama ang dating ka-loveteam

MARAMI ang nanghihinayang sa dream project ng baguhang producer na willing namang gumastos ng malaki dahil alam niyang malaki ang talent fees ng mga bibida sa pelikula niya. Sa production meeting ng dream project ng baguhang producer ay super excited siya lalo na nu’ng ilatag sa kanya ang kwento ng writer-director at iisa ang naisip.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

NOW Telecom loses Supreme Court case

NOW Telecom once sued the NTC over the fees it set in the bidding process, but the Supreme Court says the guidelines 'were proper' to ensure that companies were financially and technically capable.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

CICC warns public of 8 fake eTravel websites charging for registration

The Cybercrime Investigation and Coordinating Center (CICC) on Friday cautioned the public from using eight fraudulent eTravel websites that charge passengers fees of P3,000 to P5,000 for what should be free registration......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

‘Higher NAIA passenger fees loom upon private takeover’

Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Speaker wants bigger PhilHealth share in private hospitalization

The Philippine Health Insurance Corp. should bear more of the costs of hospitalization, including the medical bills and doctors’ fees incurred by patients admitted in private hospitals, Speaker Martin Romualdez said on Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Murder case filed vs 5 tagged in slay of Lapu market collector

LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

EDITORIAL — Higher fees, higher expectations

With no order from President Marcos stopping the move, the Philippine Health Insurance Corp. increased starting this month its members’ premium contributions, from four percent to five percent......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

'SerbisyoBandera: Bagong port sa Batangas naghahanap ng ‘skilled’ workers

BAGONG bukas na negosyo? Nako, automatic niyan ay naghahanap sila ng mga empleyado. Katulad na lamang ng bagong terminal and shipment port na itinayo sa Brgy. San Juan sa Mabini, Batangas – ang Mabini Batangas Premier Terminal Inc. (MBPTI). Ayon sa presidente ng MBTI na si Dondon Portugal, marami ang pwedeng maging trabaho sa kanilang.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024