Robinsons Retail acquires 300-store Rose Pharmacy

Doris Dumlao-Abadilla - Reporter / @philbizwatcher 10/18/2020

Gokongwei-led retailer Robinsons Retail Holdings Inc. (RRHI) has expanded its footprint in the pharmaceutical distribution space with the acquisition of 300-store Rose Pharmacy Inc. from Hong Kong-based Jardine Matheson group. Mulgrave Corp., a unit of Jardine’s Daily…

RLC raises P13.2B from bond sale

Doris Dumlao-Abadilla - Reporter / @philbizwatcher 07/17/2020

    Gokongwei-led property developer Robinsons Land Corp. has raised P13.2 billion from a new offering of local bonds, taking advantage of the slowdown in local interest rates to beef up funds for working capital and future…

Del Mar: John Gokongwei was a proud Cebuano

Doris C. Bongcac 11/12/2019

CEBU CITY, Philippines – A proud Cebuano. This was how Rep. Raul Del Mar of Cebu City’s first district remembered businessman John Gokongwei Jr., who died Saturday night, November 9, 2019. “He (Gokongwei Jr.)  never forgot Cebu…

John Gokongwei, 93

Daxim L. Lucas, Doris Dumlao-Abadilla 11/10/2019

John Gokongwei Jr., a tycoon who built a thriving consumer business across Asia-Pacific and helped make telecom and airline services more affordable in the Philippines, passed away peacefully on Saturday evening “surrounded by his loved ones.” “Our…

Cebu Pacific bares expansion plans, aims for 200M passengers in 2020

Irene R. Sino Cruz 02/01/2019

MAKATI CITY, Philippines — Cebu Pacific aims to hit 200 million passengers by the year 2020 with the addition of 12 new aircraft this year. Cebu Pacific received its first A321neo early this week. It will be…

Gokongwei-led firm capable to carry out Kawit Is. project

Morexette B. Erram 11/01/2018

Cebu Citys tell courts: Universal Hotels and Resorts Inc. (UHRI) is technically and financially capable to carry out an P18-billion project on Kawit Island that now forms part of the South Road Properties (SRP). The Cebu City Government,…

City Hall tells court UHRI is capable of implementing Kawit project

Morexette Marie B. Erram 11/01/2018

The Cebu City Government has assured the court that Universal Hotels and Resorts Inc. (UHRI) has the technical and financial capacity to undertake a P18-billion project. This was the city’s reply to the case filed by Busay…

John Gokongwei pays Kawit property a surprise visit

Jose Santino S. Bunachita 12/27/2017

Cebu City officials got a surprise visit yesterday from one of the country’s biggest business magnates. John Gokongwei Jr., founder and chairman emeritus of JG Summit Holdings Inc., visited and inspected the Kawit property in the South…

Hotel industry thriving despite challenges in tourism

Victor Anthony Silva 08/20/2017

AMID the turbulent first half of this year brought about by threats to public safety all over the country, the Philippine hotel industry continues to thrive with the opening of more properties in areas outside Luzon. Elizabeth…

Robinsons buys drugstore chain

05/17/2016

GOKONGWEI-led retailer Robinsons Retail Holdings, Inc. has acquired a majority stake in the country’s largest generics drugstore chain The Generics Pharmacy (TGP) from the Liuson family. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,…

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