The Philippine Amusement and Gaming Corp. (Pagcor) expects full separation from its casino operations within the next five years, and aims to open at least one integrated resort (IR) each year to drive growth. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said...
DigiPlus Interactive Corporation (DigiPlus), a digital gaming group, will be included in the prestigious FTSE Global Equity Index Series (Micro Cap) next month following its latest semi-annual review. In a statement, DigiPlus President Andy Tsui said the company’s inclusion in the FTSE index is...
BUTUAN CITY – A mining firm has set out once again to help flood victims in Agusan del Sur. Philsaga Mining Corp.-MMPRC Foundation Inc. (PMFI) has packed relief items in line with its Corporate Social Responsibility (CSR). Each pack contained five kilograms of rice, coffee, Milo, milk, noodles,...
The Gokongwei Group’s food and beverage arm Universal Robina Corporation (URC) is putting up a new production plant in Malvar, Batangas that will produce many of the new products the firm will introduce in the coming years. “This mega plant will feature state-of-the-art manufacturing technology...
The popularity of online gaming and casinos has surged significantly, with the Philippine Amusement and Gaming Corp. (Pagcor) reporting a near doubling of revenue from electronic games of chance over the past year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said on Monday,...
State-owned Philippine Amusement and Gaming Corp. (PAGCOR) recently launched a series of relief missions to assist hundreds of individuals and families across the country. Pagcor representatives turn over more than 400 relief packs to Manila City Department of Social Welfare Director Ma. Asuncion...
Lopez-led Energy Development Corporation (EDC) will be leaning on the technology of American firm GreenFire Energy Inc. in shoring up the capacity of its geothermal assets – primarily in beefing up the generation capacity of its Mahanagdong geothermal facility in Leyte. San...
SM Investments President and Chief Executive Officer Frederic C. DyBuncio thanks the IABC for SM's 20 wins in the recently held Philippine Quill Awards. The SM Group, led by SM Investments Corporation, with BDO Unibank, Inc., SM Foundation Inc., and SM Supermalls, won 20 awards for excellence in...
Ayala Corporation, the most enduring conglomerate in the Philippines, is reaching a rare milestone this year—its 190th anniversary. Ayala traces its roots to Casa Roxas, a humble enterprise established in 1834 when Manila was just an emerging town. Propelled by purpose, Ayala evolved...
After being denied a grant under former president Duterte’s administration, the US foreign aid agency Millennium Challenge Corp. (MCC) is again extending its hands to the Philippines as it sees the country is on the “right pathway forward.” MCC Chief Executive Officer Mary Albright said that...
Landco Pacific Corporation president and CEO Erickson Y. Manzano, and construction management head Philip Baguisa received the ACES (Asia Corporate Excellence and Sustainability) Award 2023 for premium real estate developer as one of Asia's top performing companies. Landco Pacific...
The Marcos administration is seeking financial support from a US foreign aid agency to bolster its efforts to combat corruption and enhance revenue generation, the Department of Finance (DOF) said. Finance Secretary Ralph G. Recto said the Washington-backed Millennium Challenge Corp. (MCC) could...
