Razon-led Bloomberry Resorts Corp. swung to a net loss of ₱2.6 billion in 2025 as the casino industry grappled with a pullback from high-stakes players and the lingering impact of the crackdown on offshore gaming operators. In a disclosure to the Philippine Stock Exchange on Friday, March 4,...
Razon-led International Container Terminal Services Inc. (ICTSI) is boosting its capital investment by 14 percent this year as it accelerates expansion across its global network from Mexico to the Philippines. In a disclosure to the Philippine Stock Exchange, ICTSI said the company earmarked $740...
Bloomberry Resorts Corp., the gambling empire controlled by billionaire Enrique Razon Jr., finalized its exit from the South Korean casino market after completing a KR₩10 billion (₱400 million) divestment of its Jeju Island gaming operations. In a disclosure to the Philippine Stock Exchange on...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Tuesday, March 3, dismissed fears that the Philippines could be pulled into a burgeoning conflict between the United States, a treaty ally of Manila, and Iran. In an interview, Teodoro labeled such concerns as “unfounded”...
The Tiu family’s upscale resort owner Discovery World Corp. (DWC) is investing ₱265 million for the expansion of its properties in the Coron and San Vicente towns in Palawan province, with part of the funds coming from a capital infusion by its chairman. Based on three disclosures filed by the...
The Philippine National Police (PNP) said Friday, Feb. 27, that it has intensified its counter-terrorism measures following the arrest of an alleged member of a local terror group linked to the 2018 bombing in General Santos City. PNP Chief, Police General Jose Melencio C. Nartatez Jr. said the...
Philex Mining Corp., the gold and copper producer led by tycoon Manuel V. Pangilinan, expects a turnaround this year as its long-awaited Silangan project prepares for its first metal pour, offsetting declining output from its aging flagship mine. In a disclosure to the Philippine Stock Exchange,...
PEACE BY PEACE Having served as Presidential Peace Adviser for almost eight years, I’ve witnessed the launching of various peace and development initiatives that aim to uplift the lives of former combatants who have laid down their arms and returned to the folds of the law. These range from...
The Philippine National Police (PNP) on Friday, Feb. 20, expressed full support for President Marcos Jr.’s directed for government agencies to craft a national strategy to combat money laundering and terrorism financing as part of the administration’s intensified campaign against financial...
As an eternal student of the financial markets, the introduction of new financial products and platforms almost always captivates my interest. Currently, I am fascinated by the acronyms IRS and GMRA. No, Virginia, IRS is not the Internal Revenue Service of the US federal government. In this...
Former House Speaker and Manila Bulletin columnist Jose de Venecia Jr. was buried at the Libingan ng mga Bayani in Taguig on Wednesday, Feb. 18, beside the tombs of former presidents Fidel V. Ramos and Elpidio Quirino. He is the first House Speaker to be interred at the Libingan ng mga Bayani. De...
DAGUPAN CITY – Former House Speaker Jose C. de Venecia Jr. will be interred on Wednesday, Feb. 18, at the Libingan ng mga Bayani in Taguig City. De Venecia passed away on Feb. 10 at the age of 89. His wife, Pangasinan Rep. Gina de Venecia, said in a Facebook post that a funeral Mass will be held...
