Resort owner to hold IPO
By Doris C. Dumlao
Discovery World Corp., operator of upscale beach resort Discovery Shores Boracay, is planning to debut on the local stock exchange to raise as much as P1 billion for its expansion program.
Discovery World Corp., operator of upscale beach resort Discovery Shores Boracay, is planning to debut on the local stock exchange to raise as much as P1 billion for its expansion program.
Bloomberry Resorts Corp., the first gaming firm to open at the country’s future gaming hub Pagcor City, is set to join the 30-company local equities barometer Philippine Stock Exchange index effective March 11.
Capitalizing on Filipinos’ penchant for taking photos and sharing them on social media sites, publicly listed Prime Orion Philippines Inc. has opened a virtual zoo at the Tutuban Center in Manila.
The property development firm of businessman Roberto Ongpin will build a marina club on the edge of Manila Bay, riding the real estate and leisure/tourism boom in the area being generated by the Entertainment City casino complex.
Highlands Prime Inc., a Southern Luzon leisure estate developer led by the SM group, has returned to profitability on the back of a surge in revenues from its residential lot, condominium and log cabin developments.
MANILA, Philippines—JP Tuason, founder and CEO of Tuason Racing School and TRS Driver Development Academy, is always looking to be cutting edge in racing and in educating Filipino motorists. The same is true when it comes to his gadgets. “TRS is always innovating. We like to be progressive and the marriage of speed and technology [...]
