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)...
Bloomberry Resorts Corporation, the gaming unit of billionaire Enrique K. Razon Jr., is raising P5.59 billion through a top-up offering of 559 million of its shares to qualified buyers in the Philippines and overseas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that its...
Victoria International Container Terminal (VICT), a subsidiary of billionaire Enrique K. Razon Jr.’s International Container Terminal Services Inc., is marking a significant milestone with the arrival of a super-sized ship at the Port of Melbourne. In a statement, ICTSI said that, at 350 meters...
Bloomberry Resorts Corporation's Solaire Resort Entertainment City reaped accolades during the IAG Academy Awards on Sept. 14. The resort garnered significant recognition, including winning the much-coveted awards for Best Regional Asia-Pacific Integrated Resort (IR), Outstanding CEO, and...
Most of the Philippines’ 50 Richest on the Forbes Magazine list continue to increase their wealth with three newcomers on the list as the fortunes of the Gotianun, Yuchengco, and Lopez families have been passed on to the next generation. The combined wealth of tycoons on the 2023 Forbes list of...
Bloomberry Resorts Corporation, the gaming business of billionaire Enrique Razon Jr., reported a 160 percent surge in consolidated net income to P6.4 billion in the first half of 2023 from the P2.5 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
bp ventures, the venture capital business unit advancing the net zero goal of multinational energy firm BP, is injecting $10 million into WasteFuel Global, a subsidiary of Razon-led Prime Infrastructure Capital Inc. With the investment, Prime Infra reiterated in a press statement that WasteFuel is...
