Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a robust 24-percent year-on-year growth in net income in the first nine months of 2025 to ₱24.8 billion, boosted by a one-time gain and strength of its core businesses. In a disclosure to the Philippine...
Tycoon Andrew Tan’s leisure company Travellers International Hotel Group Inc. is looking to start the construction of its $700 million Mactan and Boracay gaming centers next year even as it prioritizes the completion and opening of the Westside Integrated Resort. In an interview, Travellers...
Banking on the recovery of the physical gaming market, Travellers International Hotel Group Inc. and its minority partner Suntrust Resorts Holdings Inc. are investing $300 million to $450 million to complete the $1.25 billion Westside Integrated Resort. In an interview, Travellers International...
While Andrew Tan’s Travellers International Hotel Group Inc. (TIHGI) is taking majority control over the development of the $1.25-billion Westside Integrated Resort, its foreign-controlled partner Suntrust Resort Holdings Inc. is still infusing ₱3.2 billion into the project in line with its...
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...
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...
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...
The advertising industry will be the clear winner when more casino operators try to jump on the online gaming bandwagon since these new players will have to spend billions of pesos monthly just to get a foot into the market and take some market share away from the first movers. Unicapital...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, has deconsolidated McDonald’s Philippines franchisee Golden Arches Development Corp (GADC) from its financial statements to generate a one-time gain of ₱3.4 billion from the remeasurement of the investment’s...
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...
