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News and Events

Failed to Buy the Retail Treasury Bonds? Lend to Robinsons Bank for 5.5 Years and Earn 4.875% p.a.

The bank is offering long-term negotiable certificates of deposit (LTNCDs) until July 9

Commercial bank Robinsons Bank Corp. is offering up to Php5 billion worth of long-term negotiable certificates of deposit (LTNCDs) with an annual coupon rate of 4.875 percent, according to a post on the bank’s website published on June 29.That is slightly higher ...

by Lorenzo Kyle Subido  | June 29, 2018 12:00:00
News and Events

Say Goodbye to Super Cheap Plane Fares as Fuel Costs Rise and Peso Weakens

Budget carrier Cebu Pacific files petition to collect aviation fuel surcharge

Airplane tickets for domestic and foreign travel may start getting pricier as the country’s two largest airlines, low-cost carrier Cebu Pacific Air and full-service carrier Philippine Airlines (PAL), have applied for the imposition of the fuel surcharge in airfares to authorities to ...

by Elyssa Christine Lopez  | May 29, 2018 04:00:00
News and Events

Can Robinsons Retail Stem Rustan's Supermarket’s Losses and Turn it Around?

RSCI has been suffering losses since 2012 when half of the company was sold to Dairy Farm

On March 23, Robinsons Retail Holdings Inc. (RRHI), the country’s second-largest multi-format retailer, announced an agreement to acquire Rustan’s Supercenters Inc. (RSCI) through a share-swap deal with Dairy Farm International Holdings Limited, a Hong Kong retail company.Before the transaction, which was valued ...

by Pauline Macaraeg  | April 08, 2018 10:00:00
News and Events

Robinsons Retail Acquires Rustan’s Supermarkets, Shopwise in Php18-B Share-Swap Deal

HK-based retailer Dairy Farm to own 18.25% of Gokongwei-owned retail firm in exchange for 100% of Rustans Supercenters Inc.

Robinsons Retail Holdings Inc. (RRHI), the Philippines' second-largest multi-format retailer, acquired full ownership of Rustan’s Supercenters Inc. (RSCI) in a share swap deal with Dairy Farm, an Asian retailer listed at the London Stock Exchange, RRHI said in a disclosure to the ...

by Entrepreneur Staff  | March 23, 2018 05:00:00
Run & Grow

From Php3.5-M Outlay in 1956 to Php665-B Market Cap Today: John Gokongwei Jr. Recounts Drivers of JG Group's Growth

Speech of JG Summit Holdings founder accepting the MAP's Management Man of the Year Award

  The Management Association of the Philippines (MAP) presented its Management Man of the Year Award to John Gokongwei Jr., founder of JG Summit Holdings Inc., and one of the country’s leading businessmen and industrialists, in awarding ceremonies on November 27, 2017 at ...

by John Gokongwei Jr.  | November 27, 2017 03:00:00
News and Events

Robinsons Plans to Triple Supermarkets that Deliver Online Orders by Next Year

Gokongwei group’s retail unit ramps up e-commerce plans as Alibaba, Amazon expand in the region

The retail arm founded by John Gokongwei Jr., the Philippines second biggest billionaire, is ramping up its online presence as global e-commerce giants Alibaba and Amazon jostle for dominance in Southeast Asia.Robinsons Retail Holdings Inc. (RRHI), one of the country’s three largest ...

by Elyssa Christine Lopez  | September 28, 2017 02:00:00
Business Ideas

Financial Adviser: 5 business lessons from The Generics Pharmacy founder, Ben Liuson

The founder’s secrets to growing the business, revealed

Success in business has no age limit. If you have the right mindset and commitment to follow through, no matter how many times you failed in business, you are never too old to start all over again until you succeed.Such was the ...

by Henry Ong  | November 08, 2016 08:00:00
Business Ideas

How did Cebu Pacific become the top carrier in Davao City?

Read the four reasons how Cebu Pacific did it

Cebu Pacific announced today that they have now the biggest market share in flights between the nation’s capital and its southern financial hub, Davao City.Based on its second quarter performance for this year, the Gokongwei led airline cornered 44 percent of the ...

July 27, 2011 07:00:00
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