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RCR declares final FY24 dividend - philstar.com - Philippines

RCR declares final FY24 dividend

RL Commercial REIT [RCR 6.04, down 0.2%; 203% avgVol] a Q4/24 dividend of P0.101/share [link], payable on February 28 to shareholders of record as of February 20. The dividend has an annualized yield of 6.69% based on the previous closing price, which is essentially flat with RCR’s pre-dividend annualized yield. The total amount of the dividend is P1587 million, which is 93% of the P1700 million in distributable income that RCR reported for the quarter. Relative to RCR's IPO price, the dividend increased RCR's total stock and dividend return to 14.73%, up from its pre-dividend total return of 13.17%.

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Kathleen A Llemit - Gabbi Garcia - 'Feb-Ibig': Khalil Ramos shares what keeps 8-year relationship with Gabbi Garcia ‘spicy’ - philstar.com - Philippines - city Manila, Philippines

'Feb-Ibig': Khalil Ramos shares what keeps 8-year relationship with Gabbi Garcia ‘spicy’

MANILA, Philippines — Khalil Ramos and Gabbi Garcia’s relationship is among the longer lasting ones in showbiz at eight years, and the singer-actor revealed it was because it took quite a lot of hard work and effort on their part to keep it as "spicy" as it can be. 

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Colliers PH: Metro Manila has 8.2 years of condo oversupply - philstar.com - city Manila

Colliers PH: Metro Manila has 8.2 years of condo oversupply

According to a report by InsiderPH [link] on a briefing by Colliers PH research director Joey Bondoc, Colliers PH said that it will take 8.2 years to clear the inventory of unsold condo units (approximately 74k units) at the current sales pace. Mr. Bondoc said that the number of unsold units is 77% higher than 2023, with the large increase due to the POGO ban and the associated drain on demand for Metro Manila condos for workers in that industry. Mr. Bondoc said that the struggle to sell units was not universal across all segments of the condo market. High-end condos have been “doing relatively well” and only account for 5% of the unsold inventory in Metro Manila. 

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Figaro confirms investor hunt, no knowledge of MONDE exit - philstar.com - Philippines

Figaro confirms investor hunt, no knowledge of MONDE exit

Figaro Coffee [FCG 0.83, up 1.2%; 117% avgVol] [link], the Jerry Liu-owned and Justin Liu-led restaurant company, confirmed a report that FCG has selected an investment bank to assist with finding potential investors, saying that its desire to find new investors was previously disclosed. The report also claimed that Monde Nissin [MONDE 7.77, down 0.1%; 90% avgVol] was seeking to sell its 15% stake in FCG that it purchased in 2023 for P820.3 million. FCG said that it “has no information nor knowledge on this matter”, and further said that it is “not in a position to confirm nor clarify the plans of MONDE regarding its investment in [FCG].” The value of MONDE’s stake has fallen nearly 20% in the two years since it was purchased.

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Luka Doncic - Kevin Durant - Jimmy Butler - Andrew Wiggins - Cavs add Hunter, Nurkic to Hornets at NBA trade deadline - philstar.com - Usa - Los Angeles - Serbia - county Miami - New York, Usa - county Martin - county Green - county Cleveland - city Milwaukee - city Manila - city Los Angeles - Bosnia And Hzegovina - city Atlanta - city Houston - city Oklahoma City - city Phoenix - county Butler

Cavs add Hunter, Nurkic to Hornets at NBA trade deadline

NEW YORK, United States — Cleveland added forward De'Andre Hunter and Phoenix traded Bosnian big man Jusuf Nurkic to Charlotte, according to multiple reports, as Thursday's NBA trade deadline passed (Friday Manila time).

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Daphne Galvez - SC justice says PhilHealth bankrupt; not so, says Recto - philstar.com - Philippines - city Manila, Philippines

SC justice says PhilHealth bankrupt; not so, says Recto

MANILA, Philippines —  Supreme Court (SC) Associate Justice Amy Lazaro-Javier has revealed that the Philippine Health Insurance Corp. (PhilHealth) is actually “bankrupt,” citing a report from the Commission on Audit (COA).

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John Bryan Ulanday - Bo Perasol - Torculas leaving UP B - philstar.com - Philippines - city Manila, Philippines

Torculas leaving UP B

MANILA, Philippines —  Bona fide Maroon Aldous Torculas is leaving Diliman.

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Martin Romualdez - Alexis Romero - Sara Duterte - Marcos Romualdez - Marcos Jr. washes hands of VP impeachment - philstar.com - Philippines - city Manila, Philippines

Marcos Jr. washes hands of VP impeachment

MANILA, Philippines — President Marcos yesterday washed his hands of the historic impeachment of his running mate-turned-arch critic Vice President Sara Duterte, saying he cannot stop his allies in the legislature from performing their constitutional mandate and acting on the complaint.

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