Real estate and retail mogul Manuel B. Villar Jr. has been listed as the only Filipino in elite Forbes World’s Billionaires List 2024: The Top 200 as among the planet’s billionaires whose fortunes continue to swell despite war, political unrest, and lingering inflation. Vista Land and...
Billionaire Enrique K. Razon Jr.-controlled Bloomberry Resorts Corporation (BRC), owner and operator of Solaire Resort Entertainment City, announced that it is formally opening its second integrated resort (IR) – the $1 billion Solaire Resort North – in late May this year. In a statement, the...
Bloomberry Resorts Corporation, the gaming business of billionaire Enrique K. Razon Jr., reported that its consolidated net income surged 85 percent to P9.5 billion last year from the P5.1 billion earned in 2022, driven by strong domestic market. The owner and operator Solaire Resort Entertainment...
The Zobel-controlled Ayala Group continues to beef up its warchest and hopes to raise $250 million to $400 million from the divestment of its smaller investments as it focuses on the expansion of its ventures into renewable energy, electric vehicles, healthcare, and logistics. In an interview,...
Apex Mining Company, a publicly-listed firm controlled by billionaire Enrique K. Razon Jr., has tapped the Lopez Group’s First Gen Corporation to boost the share of renewable sources in its energy mix. Apex Mining President and CEO Luis R. Sarmiento leads the contract signing between Apex Mining...
For the second year in a row, billionaire Enrique K. Razon Jr. has been ranked as the sixth Most Influential Person in the 2023 edition of the Asian Gaming Power 50 while his Bloomberry Resorts Corporation also reaped awards. Asian Gaming Power 50 is a ranking of the 50 most influential and...
Billionaire Enrique L. Razon Jr.’s gaming firm Bloomberry Resorts Corporation reported a 106 percent surge in consolidated net income to P8.3 billion in the first nine months of 2023 from the P4 billion earned in the same period last year. The owner of Solaire Resort Entertainment City and Jeju...
Two years after ceding control of Manila Water Company (MWC) to billionaire Enrique K. Razon Jr., the Ayala Group is further reducing its stake in the water concessionaire by selling more shares to raise P5.7 billion as part of the Zobel conglomerate’s P50-billion fund raising activity. In a...
Billionaire Enrique K. Razon Jr. has diluted his ownership in gaming firm Bloomberry Resorts Corporation in order to raise P5.59 billion in fresh capital while increasing the liquidity and foreign ownership of its stock . In a disclosure to the Philippine Stock Exchange (PSE), the firm said that...
Victoria International Container Terminal (VICT), a subsidiary of billionaire Enrique K. Razon Jr.'s International Terminal Services Inc. (ICTSI) in Australia, will soon be handling the largest boxships to arrive in Australia after the recent delivery of two new ship-to-shore (STS)...
Bloomberry Resorts Corporation, the gaming unit of billionaire Enrique K. Razon Jr., is raising P5.59 billion through a top-up offering of 559 million of its shares to qualified buyers in the Philippines and overseas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that its...
Victoria International Container Terminal (VICT), a subsidiary of billionaire Enrique K. Razon Jr.’s International Container Terminal Services Inc., is marking a significant milestone with the arrival of a super-sized ship at the Port of Melbourne. In a statement, ICTSI said that, at 350 meters...
