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Biz Buzz: PCSO’s P1B windfall

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The conflict between Philippine Charity Sweepstakes Office (PCSO) and Pacific Online Systems Corp., on one side, and Malaysian conglomerate Berjaya, on the other, has turned into a full-blown war.   Berjaya’s local unit, Philippine Gaming Management Corp. (PGMC), came out with guns blazing last week, accusing PCSO and Pacific Online of all sorts of monkey [...]

Posted: April 1st, 2013 in Editor's Pick,Headlines | Read More »

Pacific Online posts 23% jump in transactions

Lottery equipment supplier Pacific Online Systems Corp. reported a significant jump in the amount of transactions it handled for the government in 2012 from year-ago level.

Posted: January 22nd, 2013 in Headlines | Read More »

Pacific Online chief refutes Berjaya accusations vs PCSO

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Philippine Charity Sweepstakes Office: Clutching at straws?

The chief of lottery provider Pacific Online Systems Corp. has taken up the cudgels for the state-owned Philippine Charity Sweepstakes Office (PCSO), who is being accused of favoring the former at the expense of the local gaming unit of Malaysian conglomerate Berjaya.

Posted: December 19th, 2012 in Latest Business Stories | Read More »

Pacific Online sees 2012 sales surge to P11B

Pacific-Online

Profit of publicly listed Pacific Online Systems Corp. grew by more than half in the July-September period due to record lotto sales and the expansion of the company’s terminal network.

Posted: November 7th, 2012 in Latest Business Stories | Read More »

Pacific Online to add terminals for Visayas, Mindanao lotto operations

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Listed gaming firm Pacific Online Systems Corp., the government’s lottery equipment supplier for Visayas and Mindanao, has signed a fresh deal that would expand its network of outlets across the country.

Posted: June 4th, 2012 in Headlines | Read More »

Lotto company plans stock listing

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Online lottery distributor Lucky Circle Corp. may push through with its planned listing by way of introduction—or without selling newly issued shares—on the Philippine Stock Exchange (PSE) by early next year, a top official said. The move, which aims to unlock more value for shareholders of its parent firm Pacific Online Systems Corp., will prepare [...]

Posted: October 17th, 2011 in Headlines | Read More »

Pacific Online sees 16% profit growth

Listed Pacific Online Systems Corp. sees vast room for growth in the country’s gaming market that will help ensure the steady growth of the company’s profit in the next several years. Pacific Online chairman Willy Ocier said the company would spend P300 million this year—the same level as last year—for the expansion of its network [...]

Posted: June 26th, 2011 in Headlines | Read More »

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  • Philippines financial district bans plastic bags
  • China astronaut teaches lesson from space
  • Singapore demands urgent Indonesia action on smog
  • Panic over MERS virus fades in Saudi Arabia
  • Sports

  • A title, and legacies, on the line for Heat, Spurs
  • Arellano looks to continue strong preseason play
  • Co fulfills coaching dream with Cardinals
  • Archers Yap, Chipeco still on target, bag 2 golds
  • Avena paces PH Senior by 2
  • Lifestyle

  • Dolce and Gabbana sentenced to jail for tax dodge
  • No gimmicks, no concepts–but great steaks and more, y’all
  • Pizza, pasta, risotto–Italian fare ‘Koreanized’ and made more garlicky
  • This pizza is found only in Canada–and now in PH
  • Filipino chef making waves in Singapore–for Japanese food
  • Entertainment

  • Actor James Gandolfini dies in Italy at age 51
  • Stars share reactions to James Gandolfini’s death
  • Genre-busting “The Kitchen Musical” now on Myx TV menu
  • Rizal concept album still rocking, rolling along
  • Zsa Zsa Padilla still singing sad songs
  • Business

  • Asian stocks down as Fed sees slower bond buys
  • Dollar firm as US Fed hints at stimulus tapering
  • Micro-credit financing bill in House pushed
  • Aquino: Growth must be inclusive
  • 8 tips on how to send money from the Philippines to anywhere in the world
  • Technology

  • Social network gaffes plague Japanese politicians
  • Microsoft changes Xbox One policies after outcry
  • Zubiri disowns bogus website
  • Internet balloons to benefit small business—Google
  • Dating site for broody singles launches in Denmark
  • Opinion

  • Mending nets
  • The Great Flood
  • What’s in a name?
  • CComedia’s statement on the cruel rape joke
  • It’s way past time for action
  • Global Nation

  • Bello warns overseas labor exec of libel
  • Jinggoy Estrada threatens P1 budget for DFA, DOLE over sex scandal
  • Overseas labor exec denies running sex ring
  • Jose Maria Sison: We will talk if gov’t shows sobriety, willingness
  • Exploited Filipinos in US 7-11 stores OK, execs say
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