PAGCOR: Galaxy’s $500-M Boracay resort is on hold
MANILA — The Philippines gaming regulator said a plan by Macau’s Galaxy Entertainment Group to build a $500-million integrated casino resort on a Philippine...
SEC warns vs online Ponzi schemes
THE Securities and Exchange Commission (SEC) has warned the public against so-called online “paluwagan” schemes that collect money from investors with the promise of...
How PSEi member stocks performed — April 30, 2018
Here’s a quick glance at how PSEi stocks fared on Monday, April 30, 2018.
Revolution Precrafted to expand in Japan
REVOLUTION Precafted Properties Philippines, Inc. has secured a contract to build 85 hotel villas in Japan, its second international deal this month as the...
SMDC to expand condominium project in China
By Arra B. Francia, Reporter
SM Development Corp. (SMDC) looks to launch three residential towers in its two-hectare property in Chengdu, China by August, citing...
SunAsia gets go-signal to build solar power plant
THE ENERGY Regulatory Commission (ERC) has approved “with modification” the electricity supply agreement between Dagupan Electric Corp. and solar farm developer SunAsia Energy, Inc.,...
How a trader from Hamburg started his business in the Philippines
By Denise A. Valdez
FOR someone hailing from a trading powerhouse such as Germany, starting a trading company in the Philippines during the 1970s may...
Sta. Lucia allots P5B for capital expenditures
STA. LUCIA Land, Inc. (SLI) is allocating more than P5 billion in capital expenditures this year, while gunning for a 15% increase in sales...
New TNCs unlikely to end Grab’s ‘virtual monopoly’ — PCC
By Melissa Luz T. Lopez, Senior Reporter
THE ACCREDITATION of new mobile ride-hailing services does not automatically end Grab Philippines’ “virtual monopoly” of the local...
Strong appetite seen for homes at ‘liveable food park’
REVOLUTION Precrafted is seeing strong appetite for its Pampanga project touted as the “world’s first liveable food park.”
Revolution Precrafted Chief Executive Officer Jose Roberto...
How PSEi member stocks performed — April 27, 2018
Here’s a quick glance at how PSEi stocks fared on Friday, April 27, 2018.
Pagcor awards Entertainment City parcel to Bloomberry
THE Philippine Amusement and Gaming Corp. (Pagcor) has awarded 16 hectares of land in Entertainment City to a unit of Razon-led Bloomberry Resorts Corp....