Davao tycoon Dennis A. Uy has found a new partner in Japanese gaming firm Universal Entertainment Corporation (UEC), which has agreed to complete the partially-developed Emerald Bay Resort in Cebu. UEC will be developing the casino resort complex through Philippine subsidiary Tiger Resort Leisure...
Real estate giant Ayala Land Inc. (ALI) is investing an initial P1.9 billion for the five-year development of its newest leisure estate, Arillo, in Batulao, Nasugbu, Batangas. In a statement, the firm said Arillo is being developed on a property spanning over 62 hectares and offers a unique...
ILOILO CITY – The Department of Social Welfare and Development (DSWD)-6 has released cash aid to survivors of the Antique bus tragedy on Tuesday, December 5. A STAFF of the Department of Social Welfare and Development (DSWD)-6 talks to a survivor of the Antique bus tragedy. (DSWD-6 PIO) DSWD-6...
BACOLOD CITY – The management of Vallacar Transit Inc. (VTI) is now processing the necessary documents in compliance with the requirements of the 90-day preventive suspension issued by the Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday, December 6, in connection...
The legal counsel and spokesperson for the Television and Production Exponents Inc. (TAPE) said the decision of the Intellectual Property Office of the Philippines (IPOPHL) revoking the producer’s trademark registration for “Eat Bulaga” did not cover the TV show. In a decision dated...
Billionaire Manuel B. Villar listed property developer Vista Land & Lifescapes Inc. has successfully raised P6 billion through the issuance of triple-A rated peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the bonds consist of Series F...
The Intellectual Property Office of the Philippines (IPOPHL) clarified that the decision of its Bureau of Legal Affairs (BLA) canceling the trademark registrations for “Eat Bulaga” andn “EB” under Television and Production Exponents Inc. (TAPE) can be appealed. In a decision dated...
The 13.2-megawatt (MW) Nabas-2 Wind Power Project of PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI). PWEI is a joint business between Yuchengco's PetroEnergy Resources Corporation (20 percent), PetroGreen Energy Corporation (PGEC) (40 percent), and...
A lawyer for the Television and Production Exponents Inc. (TAPE) said Tito and Vic Sotto, and Joey de Leon, known as TVJ, cannot use “Eat Bulaga” on their show on TV5 as the decision of the Intellectual Property Office of the Philippines (IPOPHL) canceling the trademark registration of TAPE is...
PH Resorts Group Holdings Inc., the gaming and tourism holding company of Dennis A. Uy’s Udenna Group, reported that it has failed to seal a deal for the sale of its Mactan resort and casino project to AppleOne Properties Inc. In a disclosure to the Philippine Stock Exchange (PSE), PH Resorts...
Manuel V. Pangilinan, the current chairman of the PLDT Group, will serve as the President and Chief Executive Officer (CEO) of PLDT and Smart Communications Inc. following the retirement of incumbent head Alfredo S. Panlilio. PLDT Chairman Manny V. Pangilinan In a disclosure to the Philippine...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, was recognized at the recent Steward Leadership 25 (SL25) gathering. The event honors organizations chosen across the Asia-Pacific and Middle East for “demonstrating resolute action to drive...
