Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is ramping up its hotel business expansion target to over 12,000 rooms by 2028 to 2029 instead of 2030, as it banks on the growth of the tourism industry. In an interview, AGI President and CEO Kevin Andrew...
Tycoon Andrew Tan’s Travellers International Hotel Group (TIHGI), owner and operator of Newport World Resorts (NWR), has named Laurence Hawke as its new Chief Financial Officer effective July 2024. In a statement, TIHGI said Hawke joins the Philippines’ pioneer and largest integrated resort’s...
Tycoon Andrew Tan’s firstborn Kevin Andrew L. Tan has been named president of their holding company Alliance Global Group Inc. (AGI) following the retirement of Kingson U. Sian from leadership roles in AGI, Megaworld Corporation, and Travellers International Hotel Group (TIHGI). Former AGI and...
It will indeed be a happy new year for airline travellers as prices of airfares are expected to go down in January 2023. THE Boracay Airport, also known as Caticlan Airport or the Godofredo P. Ramos Airport, in Malay town is one of the two airports in Aklan province that serve mainly tourists bound...
Alliance Global Group Inc. (AGI) is optimistic that its gaming and tourism businesses will much stronger this year specially with the expected reopening of China which will release a huge wave of revenge spending. In an interview, AGI Vice Chairman and CEO Kevin Tan said they are currently taking...
Travellers International Hotel Group Inc., the leisure and hospitality arm of the Andrew Tan Group, has renamed its flagship Resorts World Manila (RWM) to Newport World Resorts. In a statement, Newport World Resorts said “the country’s premier lifestyle and entertainment destination Resorts...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Andrew Tan, reported a 55 percent drop in attributable net income to P5.8 billion in the first nine months of 2020 from P12.8-billion in the same period last year. In a disclosure to the Philippine Stock Exchange the firm said...
