ILOILO CITY – Mayor Jerry P. Treñas here is confident that the modernization of the Iloilo Commercial Port Complex in this city will pave the way for larger exportation of products from Western Visayas. THE Iloilo Commercial Port Complex (ICPC) in Iloilo City. (PPA) “Hopefully, we can...
Apex Mining Company, a publicly-listed firm controlled by billionaire Enrique K. Razon Jr., has tapped the Lopez Group’s First Gen Corporation to boost the share of renewable sources in its energy mix. Apex Mining President and CEO Luis R. Sarmiento leads the contract signing between Apex Mining...
Billionaire Enrique Razon took the spotlight when his company Prime Energy Resources Development acquired from Shell Philippines Exploration B.V, (Spex) in November 2023 the 45 percent operating stake in the Malampaya gas field, a very vital indigenous resource that could bring that could bring...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of Razon-led Prime Infrastructure Capital, has advanced into operational phase the country’s first automated materials recovery facility (MRF) sited in Cebu that will be utilized for strategic waste management as well as storage, prior to...
For the second year in a row, billionaire Enrique K. Razon Jr. has been ranked as the sixth Most Influential Person in the 2023 edition of the Asian Gaming Power 50 while his Bloomberry Resorts Corporation also reaped awards. Asian Gaming Power 50 is a ranking of the 50 most influential and...
Jielo Razon made sure to go out with a bang in his final game with the University of Perpetual Help after steering the Altas to a 75-60 victory over San Sebastian in the NCAA Season 99 men’s basketball tournament on Tuesday, Nov. 21. (From left) Perpetual's Jasper Cuevas, head coach Myk Saguiguit...
Billionaire Enrique L. Razon Jr.’s gaming firm Bloomberry Resorts Corporation reported a 106 percent surge in consolidated net income to P8.3 billion in the first nine months of 2023 from the P4 billion earned in the same period last year. The owner of Solaire Resort Entertainment City and Jeju...
Razon-led Prime Integrated Waste Solutions Inc. (PWS) has kicked off production of refuse-derived fuel (RDF) through the use of municipal solid wastes as its feedstock. As explained by Prime Infra President and CEO Guillaume Lucci, “by harnessing the potential of RDF, we convert waste into a...
Jose Rene Gregory D. Almendras has resigned from his position in East Zone concessionaire Manila Water Co. Inc. In a disclosure to the Philippine Stock Exchange on Thursday, Oct. 12, Manila Water announced that Almendras, who served as the president of the utility firm from August 2019 to June...
Two years after ceding control of Manila Water Company (MWC) to billionaire Enrique K. Razon Jr., the Ayala Group is further reducing its stake in the water concessionaire by selling more shares to raise P5.7 billion as part of the Zobel conglomerate’s P50-billion fund raising activity. In a...
Billionaire Enrique K. Razon Jr. has diluted his ownership in gaming firm Bloomberry Resorts Corporation in order to raise P5.59 billion in fresh capital while increasing the liquidity and foreign ownership of its stock . In a disclosure to the Philippine Stock Exchange (PSE), the firm said that...
Victoria International Container Terminal (VICT), a subsidiary of billionaire Enrique K. Razon Jr.'s International Terminal Services Inc. (ICTSI) in Australia, will soon be handling the largest boxships to arrive in Australia after the recent delivery of two new ship-to-shore (STS)...
