Companies

The Philippine Amusement and Gaming Corporation (PAGCOR) continued to surpass its revenue achievements after it recorded P36.21 billion total income in the first half of 2023 – a 35.64% increment from its year-on-year figures of P26.70 billion. PAGCOR’s revenues for the first half of 2023 was just P2.59 billion or 6.68% short of its pre-pandemic output of P38.81 billion in …

The Metropolitan Bank & Trust Company (Metrobank), through its Branch Banking Sector (BBS), stepped up its employee volunteerism program, as it partnered with its corporate social responsibility arm, Metrobank Foundation, Inc. (MBFI), in organizing a series of feeding activities to benefit underprivileged individuals in the City of Manila.  Bannered under its social response program ‘Helping Hands,’ more than 200 employees …

Hotel Sogo, the largest hotel chain in the country, marked a new milestone in a grand and festive style, with the formal launching of Hotel Sogo-Timog 2 branch on July 21. The event was well-attended by guests and friends of Hotel Sogo and key officials from the Quezon City local government headed by Ms. Yolly Laxamana, Assistant to the Vice …

Department of Transportation Secretary Jaime Bautista and Land Transportation Office (LTO) OIC Assistant Secretary Hector A. Villacorta received atleast 108,400 motor vehicle plates at the Plate Making Plant located in LTO Central, East Avenue, Quezon City. This marked the initial shipment of the 16,040,640 plates acquired by the DOTr through the winning bidder, Trojan-Tonnjes Joint Venture. To tackle the existing …

Online retail/wholesale store Tindahan ni Juan is on the verge of major expansion this year. With seven physical outlets currently operational in Zambales and Olongapo, the proudly Filipino-inspired brand is eyeing more outlets in Bataan, Region 3, and eventually in Metro Manila as well within the next few months. In line with its optimistic growth surge, the company’s major stakeholders, …

SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement on 11 July 2023 as a joint commitment to champion renewable energy.  Through this partnership, SM Prime will source its energy requirements of up to 90-Megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas. The long-term agreement will commence in …

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco discussed the agency’s plans and programs to make the Philippines a leading gaming destination in the ASEAN region. Chairman Tengco was invited to deliver the Keynote Address on the third day of the G2E Asian IR Summit in Macau on July 13, 2023.  In his speech, the PAGCOR …

DoubleDragon Corporation (“DoubleDragon”) worldwide hotel expansion subsidiary, Hotel101 Global Pte. Ltd. today July 12, 2023 signs the Exclusive Master Sales Agency Agreement with H2 Christie’s International Real Estate as the sole principal sales and marketing of its first international project, Hotel101-Niseko located in Niseko Hokkaido Japan. H2 Christies may also tap sub-agents under it to market the Hotel101-Niseko units that …

The Lamudi Property Fair 2023, co-presented by IKEA and Bank of the Philippine Islands (BPI), opened its doors to the public this July 7, 2023, at the TriNoma Activity Center, Quezon City. Property seekers and real estate professionals flocked to the kickoff day of the biggest property festival in the country.  The Lamudi Property Fair 2023 is a three-day real …

The Land Bank of the Philippines (LANDBANK) has joined hands with the BDO Capital & Investment Corporation (BDO Capital) in arranging a P5-billion syndicated corporate notes facility with other domestic banks, to support ASA Philippines Foundation, Inc.’s (ASA) credit expansion for underserved women. The state-run Bank has a significant participation in the syndicated transaction, the proceeds of which will be …