State-run Maharlika Investment Corp. (MIC) admitted that it is encountering difficulties in complying with the Governance Commission for government-owned and controlled corporations (GCG). Rafael D. Consing Jr., MIC president and chief executive officer, disclosed that the oversight body for...
Amid rising dengue cases nationwide, the Philippine Red Cross (PRC) on Wednesday, Aug. 21, announced that it has activated a comprehensive dengue outbreak response plan. (Philippine Red Cross / Manila Bulletin) As the major blood supplier in the country, the PRC said that the implementation...
In recognition of the assistance provided during the COVID-19 pandemic, the Philippine Red Cross (PRC) awarded the Singapore Red Cross (SRC), led by Secretary General and Chief Executive Officer (CEO) Benjamin William. Philippine Red Cross (PRC) Chairman and CEO Richard Gordon (center right)...
In light of the concerning rise in dengue cases nationwide, the Philippine Red Cross (PRC) announced on Sunday, Aug. 11, that it is intensifying its efforts to ensure that blood and medical assistance are promptly accessible to those in need. (PRC / Manila Bulletin) PRC Chairman and Chief...
Housing developer 8990 Holdings, Inc. reported that its housing loan takeouts or proceeds from the Home Development Mutual Fund (HDMF or the Pag-ibig Fund) almost tripled last year from P5.96 billion in 2022. During the firm’s annual stockholders’ meeting on July 29, 2024, 8990 President and...
The Philippines' online casino industry is booming, with revenues of electronic games (E-Games) operators more than tripling in the first half of the year due to increased interest from Filipino players. The Philippine Amusement and Gaming Corp. (Pagcor) reported that the E-Games sector recorded a...
The Philippine Amusement and Gaming Corp. (Pagcor) said it would name a former high-ranking government official who lobbied for illicit offshore gaming operations. However, Alejandro H. Tengco, Pagcor chairman and chief executive, stated that he would unveil the name of this former Cabinet...
The Philippine Amusement and Gaming Corp. (Pagcor) said the real risk to national security emanates from foreign hacking and scam syndicates, not from legitimate and licensed offshore gaming operations (POGOs). In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer...
The Social Security System (SSS) is diversifying its investment portfolio by ramping up its involvement in real estate investment trusts (REITs) this year. Rolando Ledesma Macasaet, SSS president and chief executive Officer, said they are optimistic about the potential for enhanced returns as...
Robinsons Land, one of the Philippines' leading property developers, has been announced as the Title Sponsor for the 15th Asia CEO Awards 2024, the largest business awards event in the Philippines and a premier event in Southeast Asia (Photo from Asia CEO Awards/Facebook) Robinsons Land, one of the...
The Philippine Amusement and Gaming Corp. (Pagcor) issued a reminder to the public that hosting unregistered online raffles on social media platforms is against the law. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said these activities constitute illegal online...
The Philippine Amusement and Gaming Corp. (Pagcor) has reported a surge in its net income for the first quarter of year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said the state-run firm's total earnings reached P25.24 billion from January to March, up 42 percent...
