Philippine Red Cross (PRC) Chairman and Chief Executive Officer (CEO) Richard Gordon urged parents to vaccinate their children to prevent further outbreaks. (Photo courtesy of PRC) In a statement on Friday, April 12, the chairman emphasized the importance of following through with vaccination...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) advanced its mandated cash dividend remittance to bolster the government's efforts in driving economic growth and development in the country. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said that the gaming regulator...
The Philippine Amusement and Gaming Corp. (Pagcor) expects an increase in revenue from government-run casinos this year despite ongoing privatization initiatives. In a statement on Thursday, March 21, the gaming regulator and operator stated that Pagcor-operated casinos are expected to yield P81.27...
Philippine Red Cross (PRC) Chairman and Chief Executive Officer (CEO) Richard "Dick" Gordon, on Wednesday, March 20, remembered former Philippine President Fidel V. Ramos (FVR) as a "staunch supporter" of the country's premier humanitarian organization. (PRC Chairman Richard Gordon with former...
HOUSTON – The voracious energy appetite of Asian markets - including developing countries within Southeast Asia - will gobble up liquefied natural gas (LNG) supply between now and onward to 2040, according to Shell CEO Wael Sawan. Speaking at the ongoing CERAWeek by S&P Global here, he...
Philippine Health Insurance Corporation (PhilHealth) Chief Emmanuel Ledesma Jr. reassured President Marcos of significant improvements in health benefits for members and their beneficiaries. PhilHealth President Emmanuel Ledesma Jr. (Photo from PhilHealth) In a statement on Wednesday, March 6, he...
The Philippine Amusement and Gaming Corp. (Pagcor) expects full separation from its casino operations within the next five years, and aims to open at least one integrated resort (IR) each year to drive growth. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said...
The Social Security System (SSS) has raked in nearly P28 billion in additional revenues following the increased member contribution rate last year. In a statement, Rolando Ledesma Macasaet, SSS president and chief executive officer, said the one percent rise in contribution rate from 13 percent to...
The popularity of online gaming and casinos has surged significantly, with the Philippine Amusement and Gaming Corp. (Pagcor) reporting a near doubling of revenue from electronic games of chance over the past year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said on Monday,...
The Gotianun Group’s investment holding firm Filinvest Development Corporation (FDC) has raised P10 billion from the oversubscribed first tranche of its P32 billion shelf-registered Peso-Denominated Fixed Rate Bonds. In the photo are the executives of Filinvest Development Corporation (FDC), led...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) reported a strong double-digit revenue growth last year, but it fell short of pre-pandemic levels. In a statement, the government's gaming regulator and operator said that the company generated P79.37 billion in revenues from January to...
State-owned Bases Conversion and Development Authority (BCDA) is optimistic that the Maharlika Investment Corp. (MIC) would consider New Clark City in Tarlac as one of its first investment opportunities. As one of the major players in the government's Build, Build, More initiative, Joshua Bingcang,...
