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Pagcor releases P2B for classroom project

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PAGCOR, DepEd and DPWH inked a memorandum of agreement marking the 4th phase of the “Matuwid na Daan sa Silid-Aralan” school building program. The state-gaming firm provided an additional P2 billion for the project to fund the construction of more or less 1,500 classrooms in public schools nationwide. 

In photo (front row) are DepEd Secretary Bro. Armin Luistro (2nd from left), PAGCOR Chairman and CEO Cristino L. Naguiat, Jr., (middle), DPWH Secretary Rogelio Singson and other officials of the three agencies.

The Philippine Amusement and Gaming Corporation’s (Pagcor) has released an additional P2 billion for its “Matuwid na Daan Silid-Aralan” project, bringing its total contribution to the government’s school building program to a staggering P7 billion.

Posted: October 27th, 2014 in Latest Business Stories | Read More »

Pagcor eyes penalty for Japanese casino developer

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The county’s casino gambling regulator is likely to penalize the local unit of Japan’s Universal Entertainment Corp., led by billionaire Kazuo Okada, if it fails to open its $2-billion project in the Entertainment City complex by Manila Bay by March next year.

Posted: October 8th, 2014 in Latest Business Stories | Read More »

Bayshore resorts construction in Pagcor Entertainment City starts

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A $2 BILLION entertainment complex will rise in the Pagcor Entertainment City.

The construction of the fourth and final complex that will make up the Pagcor Entertainment City in Parañaque began last week.

Posted: October 6th, 2014 in Latest Business Stories | Read More »

7 big foreign gaming firms eye PH

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At least seven foreign gaming developers and publishers have expressed interest to do business in the Philippines, which is being positioned as the leading game development hub in the region.

Posted: October 4th, 2014 in Headlines | Read More »

Angry Birds maker Rovio says up to 130 jobs to go

AngryBirds

Rovio, the Finnish maker of the popular mobile game “Angry Birds” announced on Thursday up to 130 job cuts, blaming flagging sales growth.

Posted: October 2nd, 2014 in Latest Business Stories | Read More »

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