Megaworld Hotels & Resorts, the hospitality arm of developer Megaworld Corp., has signed an agreement with global hospitality group Accor to convert its 1,530-room Grand Westside Hotel into the Mövenpick Manila Bay Westside, making it the world’s largest Mövenpick hotel. In a statement on...
BACOLOD CITY – A rising volleyball player was killed in a motorcycle-bus collision two days after his 21st birth anniversary in Barangay Zone 2, Cadiz City, Negros Occidental on Tuesday, Nov. 11. Police identified the victim as Ike Andrew Barilea of Alas Pilipinas Volleyball Team. Police Lt....
Spirits and real estate billionaire Andrew Tan has begun transferring ₱1.83 billion worth of Emperador Inc. shares to his holding company, Alliance Global Group Inc., locking in a roughly 16 percent gain on the stake he acquired in May and June. In a disclosure to the Philippine Stock Exchange,...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...
Andrew Tan’s Travellers International Hotel Group Inc. is taking majority control over the development of the Westside Integrated Resort, as its foreign-controlled partner Suntrust Resort Holdings Inc. has agreed to reduce its stake in the project to 20 percent due to financial challenges. In a...
The Manila-based Asian Development Bank (ADB) has officially designated Andrew Jeffries as its new country director for the Philippines effective Monday, Aug. 18, 2025. Jeffries will lead the ADB’s operations in its host country, which currently holds an active portfolio valued at approximately...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a 39-percent jump in net income to ₱19.2 billion in the first half of the year, driven largely by the increasing contribution from its real estate business and tourism-related segments, on the back of...
Top township developer Megaworld Corp. has tapped Accor Group to share its expertise and operate select homegrown hotel brands under its hospitality arm Megaworld Hotels & Resorts. Andrew Tan-led Megaworld is the country’s largest developer and operator of homegrown Filipino hotel brands, while...
Tycoon Andrew Tan has resumed buying shares of Emperador Inc. from the stock market, this time spending ₱160 million for 10 million common shares. In a disclosure to the Philippine Stock Exchange (PSE), Emperador said Tan’s privately held The Andresons Group Inc. bought the 10 million shares...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, is expanding its leisure and hospitality businesses under During the firm’s annual stockholders’ meeting, AGI Chairman Tan said that, “leveraging AGI 's unrivaled land bank, we are building even more...
Businessman Andrew Tan, through his private real estate investment company Emperador Properties, has acquired a 14-hectare mixed-use urban complex Caleido located within the Cinco Torres Business District in Madrid, Spain. Caleido was conceived with a clear objective-to create an attractive,...
While its whisky business currently faces challenges resulting in lower sales and earnings, global liquor conglomerate Emperador Inc. continues to expand its facilities as it is optimistic of a turnaround and looks forward to a growing market over the medium to long term. “We are seeing a...
