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...
Global port operator ICTSI said it has engaged multiple firms to assess the merits of its A$500-million proposal to expand the capacity of Webb Dock at the Port of Melbourne. In a statement, ICTSI said that Jacobs Engineering undertook a detailed technical assessment that include estimated...
Following the 15-year renewal of the Service Contract 38 for the Malampaya project, Razon-led operator firm Prime Energy can already carry out exploration drilling activities beyond the existing production area of the depleting gas field. This developed after President Ferdinand R. Marcos Jr....
Razon-led Prime Infrastructure Capital Inc. has partnered with Chinese firm PowerChina B7 Philippines Corp. (PowerChina) for the commercial development of its 140-megawatt solar farm project in Tanauan, Batangas and Marogondon, Cavite. That project serves as an expansion of the 100MW solar...
*Photo above shows the inauguration of the first permanent sub-station of MORE Power in Iloilo City, attended by (from left) magnate, Enrique Razon Jr.; Megaworld Executive Vice President, Kevin Tan; Iloilo City Mayor, Jerry Treñas; and MORE Power President and CEO, Roel Castro.  (Arnold...
Razon-led Prime Infrastructure Capital Inc. has named Martin O’Neil as a new addition into the company’s board of directors. O’Neil was a former executive vice president and chief financial officer (CFO) of International Container Terminal Services Inc. (ICTSI), a flagship company of the...
Prime Energy, a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc., has convened an advisory council composed of technical experts and key industry leaders for the exploration and development of the Malampaya gas field. In a statement, Prime Infra said the advisory council will...
