International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
Trillionaire Enrique K. Razon Jr., through Prime Strategic Holdings Inc. (PSHI), has expanded his majority stake in Apex Mining Co. Inc. to 67 percent after acquiring shares worth ₱1.68 billion from its former controlling shareholder. In a disclosure to the Philippine Stock Exchange (PSE) on...
Razon-led International Container Terminal Services Inc. (ICTSI) is on track to become the first ₱2 trillion company listed on the Philippine Stock Exchange (PSE), rendering any speculative move to delist and seek an overseas debut unnecessary, according to the bourse’s top official. PSE...
Companies controlled by billionaire Enrique K. Razon Jr. have deployed emergency relief operations in Mindanao following the devastating magnitude 7.8 earthquake. Manila Water Co., International Container Terminal Services Inc. (ICTSI), and power distributor Primelectric Holdings Inc. spearheaded...
Razon-led International Container Terminal Services Inc. (ICTSI) has secured a $300-million loan from the Beijing-based Asian Infrastructure Investment Bank (AIIB) to support the expansion and upgrade of three container terminals across the Philippines. In a statement on Wednesday, May 20, ICTSI...
Bloomberry Resorts Corp., the gambling empire controlled by billionaire Enrique Razon Jr., swung to a net loss in the first quarter as slowdown in high-stakes gaming and the absence of prior-year windfall weighed on the bottom line. The operator of Solaire Resort Entertainment City reported a net...
Ignite Power, the energy partnership between billionaire Enrique Razon Jr.’s Primelectric Holdings Inc. and boxing legend Manny Pacquiao’s MP Holdings, clarified on Thursday, April 30, that no formal negotiations are currently underway for a proposed joint venture with South Cotabato II...
Bloomberry Resorts Corp. expects 2026 to remain a difficult year for its flagship Solaire properties as the Philippine gaming industry grapples with sluggish tourism and weakened VIP market. During the firm’s annual stockholders’ meeting, Enrique K. Razon Jr., chairman and chief executive...
The China-led Asian Infrastructure Investment Bank (AIIB) has greenlit a $300-million loan supporting capital expenditures (capex) for the improvement and expansion of three local ports operated by tycoon Enrique K. Razon Jr. ’s International Container Terminal Services Inc. (ICTSI). The latest...
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...
