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Biz Buzz: No partners for PAL bid?

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Taipan Lucio Tan might be keen on buying back San Miguel Corp.’s stake in Philippine Airlines (PAL), consolidating his group’s control over the flag carrier, but it appears the pool of local wealthy investors is drier than we thought.

Posted: August 6th, 2014 in Columnists,Inquirer Columns | Read More »

Court tells Okada group: You can’t abort deal with Century Properties

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Screengrab from century-properties.com

Property developer Century Properties Group has obtained a court order preventing the group of Japanese gaming magnate Kazuo Okada from terminating their real estate partnership in controversial entertainment complex “Manila Bay Resorts.”

Posted: July 29th, 2014 in Latest Business Stories | Read More »

Okada refutes bribe allegations anew

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The group of Japanese gaming magnate Kazuo Okada again refuted on Wednesday allegations of improper conduct in obtaining a foothold in the Philippines, noting that the provisional license granted by the Philippine Amusement and Gaming Corp. (Pagcor) to its local unit contained the same terms and conditions granted to other gaming licensees.

Posted: June 19th, 2014 in Headlines | Read More »

Century plea vs Okada junked

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The Makati Regional Trial Court has dismissed for “lack of merit” Century Properties Group’s lawsuit against the group of Japanese gaming magnate Kazuo Okada, which terminated their real estate partnership in entertainment complex called Manila Bay Resorts.

Posted: May 21st, 2014 in Headlines | Read More »

House itching to grill casino mogul Okada

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Kazuo Okada AP FILE PHOTO

The House committee on games and amusement will compel Japanese gaming magnate Kazuo Okada to attend its hearings to personally explain allegations he used dummy corporations to meet his casino license requirements.

Posted: May 12th, 2014 in Latest Business Stories | Read More »

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