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Sandigan upholds Dengvaxia raps vs Garin, 4 others

The Sandiganbayan has denied motions to dismiss filed by former health secretary Janette Garin and four former and incumbent officials over the allegedly anomalous P3.556-billion dengue mass vaccination program of the Aquino administration from 2010 to 2016......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Manila Water ramps up deep well output

Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Bloomberry 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 20th, 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

Manila Water borrows $110 million for refinancing

The holding company of Razon-led Manila Water Co. Inc. for its international ventures secured a $110 million three-year loan from two Singapore-based banks to refinance its existing debt......»»

Category: financeSource:  philstarRelated NewsMar 5th, 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

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

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Amb. Babe on rumblings, sleepless nights and Ricky Razon

Our Philippine Ambassador to the United States, Ambassador Jose “Babe” Romualdez, who is in the country now, makes every minute count......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Upper Wawa Dam project now 93% complete

WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Rafael Consing: The big shift

Getting an earful from ports and casino tycoon Enrique Razon did not stop him from joining the government, leaving over three decades of private sector life in exchange for a job under scrutiny, but one that would give him the fulfillment he is looking for......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Prime Infra unit starts first auto MRF plant

Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

DOLE junks case vs Negros power cooperative

The Department of Labor and Employment has dismissed the charges filed by an employees’ union against a power cooperative in Negros Occidental......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Ombudsman junks raps vs Tabuk mayor

Suspended Mayor Darwin Estrañero of Tabuk City in Kalinga can report to work on Monday......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Ombudsman junks case vs suspended Tabuk City, Kalinga mayor

Tabuk City, Kalinga province Mayor Darwin Estranero will be back to work on April 1 after the case filed against him in connection to the alleged overpricing of medical equipment for his town was dismissed by the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Ombudsman junks raps vs NBI agents sued for torture of detainees, evidence planting

Criminal and administrative charges filed against nine agents of the National Bureau of Investigation’s (NBI) Task Force Against Illegal Drugs were dismissed by the Office of the Ombudsman in a ruling on Feb. 12, 2024, received on Monday......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

SC junks petition vs PUVMP

The Supreme Court has dismissed a petition challenging the constitutionality of the public utility vehicle modernization program due to the petitioners’ lack of legal standing and for violating the hierarchy of courts......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

SC junks petition challenging legality of POGOs

The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

SC junks petition vs PUVMP order due to procedural issues

The Supreme Court has rejected a petition from a coalition of jeepney operators and drivers challenging the constitutionality of a provision in the Department of Transportation Order for the Public Utility Vehicle Modernization Program......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024