Robinsons Retail Continues Operations as Private Entity, Retains Listed Company Discipline
Robinsons Retail Holdings Inc. (RRHI), a major Philippine retailer, has delisted from the stock exchange after nearly 13 years and transitioned to a private company. However, management has pledged to maintain the discipline of a listed entity and continue its business operations, focusing on enhancing customer experience and store expansion.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- InLife Earns 6th 4-Golden Arrow Award for Corporate Governance
The Philippines' largest life insurer, InLife, has received its sixth 4-Golden Arrow Award, recognizing its excellence in corporate governance. This is the highest distinction awarded to Philippine insurance firms based on the ASEAN Corporate Governance Scorecard.
- China, Malaysia Investors Eye Coconut Shell Processing Plant in Davao del Norte
Chinese and Malaysian investors are exploring the establishment of a large-scale coconut shell processing plant in Davao del Norte, Philippines. The venture aims to process 20,000 metric tons of coconut shells annually into high-value products, potentially boosting income for local farmers.
- LandBank Posts 8% Net Income Growth to Over P37.5B in 9 Months
The state-run Land Bank of the Philippines reported an 8% year-on-year increase in net income for the first nine months of the year, reaching P37.53 billion, driven by the expansion of its core banking operations and a surge in digital transactions.
- DTI Rules Out Shrinkflation for 190 Basic Goods Until Year-End
The Philippine Department of Trade and Industry (DTI) assured consumers that "shrinkflation" would be avoided for 190 monitored basic necessities and prime commodities committed to price freezes until year-end, guaranteeing no reduction in product quantity, size, or weight.