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Bloomberry subsidiaries complete deal with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have completed their settlement agreement with casino management firm Global Gaming Philippines LLC following the execution of a block sale amounting to P16.8 billion......»»

Category: financeSource: philstar philstarMay 1st, 2024

Bloombery ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Bloomberry open to selling Korean casino resort interests

Bloomberry [BLOOM 11.22 ?3.4%] [link] issued a clarification to a Biz Buzz article to say that it is “open to the possibility of selling its interest in Jeju Sun Hotel and Casino”, but that there is “no imminent deal with respect to [its] sale”......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Bloomberry posts FY23 profit of P9.5-B (UP 85%)

Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ALI merging 34 subsidiaries for operational synergies

Property giant Ayala Land Inc. is merging almost three dozen subsidiaries to simplify ownership structure......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Bloomberry subsidiaries complete deal with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have completed their settlement agreement with casino management firm Global Gaming Philippines LLC following the execution of a block sale amounting to P16.8 billion......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Finally, a complete 7-member Monetary Board

Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Bloomberry opens Quezon City casino in May

The company’s financial and operating results for 2023, “reflect a resilient Philippine economy amid a challenging global economic landscape,” Razon said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Rama wants RPT revision complete by March

CEBU CITY, Philippines – Plans to revise the fair market value of properties in Cebu City, along with the adjustments in real property tax (RPT) calculations, should already be complete by March, Mayor Michael Rama said. Rama said that he has long communicated the need to already work on the matter to members of the Cebu.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

Zobels sell remaining MWC holdings to Razon for P14.5-B

Ayala Corp [AC 620.00 ?1.3%; 131% avgVol] [link] disclosed that its subsidiaries, Michigan Holdings and Philwater Holdings, would sell their combined holdings in Manila Water Company [MWC 26.60 ?1.5%; 123% avgVol] to Trident Water Company Holdings (TWC), which is owned by MWC’s current owner, Enrique Razon......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Quest Hotel and Conference Center Cebu highlights sustainability for its guests and the future

With a sustainability initiative dubbed as “Today and Beyond”, Quest Hotel together with its subsidiaries under its management company, Chroma Hospitality Inc., aims to protect the environment to secure a better future for its guests, properties, and communities around them.  Sustainability Efforts General Manager, Mia Singson-Leon explained that they no longer have plastic straws, stirrers,.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

AUB profit hits record high in 2023

Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel

AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Kumong Bol-Anon 15 bares complete fight card

CEBU CITY, Philippines– The complete fight card for the much-anticipated “Kumong Bol-Anon 15” of the PMI Bohol Boxing Promotions was officially unveiled. The April 30 fight card will feature a total of six bouts that will be held at the Holy Name University gymnasium in Tagbilaran City, Bohol. The main event is considered one of.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

DA team 90 percent complete, says Tiu Laurel

Agriculture Secretary Francisco Tiu Laurel Jr. said his leadership team is now 90 percent complete, noting that he is just awaiting the appointment of his last undersecretary......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Arayat-Magalang bypass road 80 % complete: DPWH

Arayat-Magalang bypass road 80 % complete: DPWH.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

11 drug offenders complete reformation program

11 drug offenders complete reformation program.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

lRT-1 Cavite extension 97% complete

The first phase of the Light Rail Transit Line 1 Cavite Extension is 97 percent complete......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

NLEX Candaba 3rd viaduct 50% complete

The construction of the third viaduct along the North Luzon Expressway in Candaba, Pampanga is now 50 percent complete, the NLEX Corp. announced yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition

Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Jennica feeling complete na ngayon: Natutunan ko nang tumayong mag-isa

MAS feeling “complete” ngayon sa kanyang personal life ang Kapamilya actress at celebrity mom na si Jennica Garcia. Pang-all-around ang peg ng ginagampanang karakter ni Jennica sa totoong buhay, kabilang na riyan ang pagganap bilang single mom sa dalawa niyang anak. Pero ayon sa Kapamilya star, sa mga “role” na kanyang ginagawa these days  tulad.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024