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Biz Buzz

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As more of the country’s property giants shift their attention and resources to Cebu, amid stiff competition in Manila, the Queen City of the South’s traditionally low-key homegrown players, too, have become more aggressive especially when it comes to snapping up prime pieces of real estate.

Posted: January 19th, 2014 in Editor's Pick,Headlines | Read More »

PH debuts as Asia’s new gamblers’ haven

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solaire

A $1.2 billion giant casino was set to open Saturday in the Bay City area of Parañaque City in a high-stakes bid of the Philippines to join the world’s elite gaming destinations.

Posted: March 16th, 2013 in Latest Business Stories | Read More »

Luxe casinos will bring more evils, bishop warns

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Archbishop Emeritus Oscar Cruz. INQUIRER FILE PHOTO

While admitting that his antigambling campaign has become a “voice in the wilderness,” retired Archbishop Oscar Cruz on Friday warned of evils that can be lured into the country with the opening of big casinos in Manila early next year.

Posted: December 29th, 2012 in Latest Business Stories | Read More »

Razon eyes more casino projects in Philippines, overseas

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Enrique Razon Jr. FILE PHOTO

After bringing his port terminal operations to other parts of the globe, business magnate Enrique Razon Jr. is scouting for local and overseas expansion opportunities for his gaming-hotel business under Bloomberry Resorts Corp. (Pagcor).

Posted: June 25th, 2012 in Latest Business Stories | Read More »

Henry Sy leads 6 Filipinos in Forbes’ richest list

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HENRY SY SR.. INQUIRER file photo

Six business tycoons from the Philippines led by SM group patriarch Henry Sy made it to Forbes Magazine’s 2012 list of richest people on the planet.

Posted: March 9th, 2012 in Featured Gallery,Latest Business Stories | Read More »

Razon company completes buyout of Active Alliance

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Enrique Razon Jr.’s Prime Metroline Transit Corp. has completed its acquisition of listed firm Active Alliance Inc. (AAI), giving the former control in the firm it plans to use as listing vehicle for the group’s hotel-casino venture.

Posted: January 27th, 2012 in Headlines | Read More »

Active Alliance to be listing vehicle for Razon’s hotel-casino project

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Dormant holding firm Active Alliance Inc. admitted on Thursday that it would eventually become a listing vehicle for tycoon Enrique Razon Jr.’s hotel-casino venture as widely expected by stock pundits.

Posted: November 24th, 2011 in Latest Business Stories | Read More »

Biz Buzz: Trojan horse?

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Business tycoon Enrique Razon Jr.—who built a fortune out of international port terminal operations and boosted his wealth further after selling out of the country’s main electricity superhighway—is building a new business out of rubbish. Yes, you read it right: rubbish. Razon, apparently, agrees with the uber exploited phrase “May pera sa basura (There’s money [...]

Posted: July 31st, 2011 in Headlines | Read More »

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