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12 richest Pinoys have P2.9 trillion

With an estimated net worth of $20 billion, SM founder Henry Sy Sr. remains the richest among the tycoons from the Philippines who made it to Forbes magazine’s latest annual list of the wealthiest people on the planet. (76-0)

Henry Sy, 11 other tycoons from PH, among the world’s richest

A dozen tycoons from the Philippines, Henry Sy Sr. who founded the storied SM group, are among the wealthiest people on the planet, based on Forbes magazines’ 2018 list of billionaires. (44-0)

Philippine shares slump for fifth day straight

2018-03-06 bworldonline
Stock prices extended their decline on Tuesday, March 6, following reports on February inflation accelerating to its fastest pace in three years. (9-0)

RTC affirms stay order on sale of GGAM’s Bloomberry shares

2018-01-31 bworldonline
THE former management partner of Solaire Resorts and Casino in Parañaque City remains unable to sell its shares in the casino’s operator, after a regional trial court in Makati affirmed the validity of a stay order issued in 2014 that prohibited the sale of shares held by Global Gaming Philippines LLC (GGAM) until arbitration proceedings in Singapore are completed.  (9-0)

Bloomberry offers to purchase 16-ha Solaire lot from Pagcor

2018-01-27 philstar
MANILA, Philippines — Bloomberry Resorts Corp. has offered to purchase the 16-hectare land in Entertainment City where Solaire Resort & Casino is located.

Bourse pulls back from record high on profit taking

2018-01-24 bworldonline
SHARES on Wednesday ended a three-day rally that had seen the main index closing short of 9,000 the day before to mark the year’s sixth peak, as investors pocketed gains. (30-0)

Solaire to give Bloomberry shares to loyal patrons

2018-01-23 bworldonline
A UNIT of Bloomberry Resorts Corp. (BRC) has bought P4.24 billion worth of the company’s shares, which will be given as a reward for loyal patrons of Solaire Resorts and Casino.

PSEi to reach 9,500 level this year, says brokerage

2018-01-22 bworldonline
RCBC Securities, Inc. sees the market ending at the 9,500 level by the end of 2018, fueled by the continued positive outlook on the Philippine economy. (15-0)

Gaming stocks on winning streak in 2017

2018-01-08 beta.philstar
MANILA, Philippines — Gaming stocks in the Philippines were on a winning streak last year, mirroring the trend in the Asian region and reflecting investors’ optimism on the huge growth potential of the sector in the coming years. (6-0)

Casinos, resorts remain strong despite setbacks

2018-01-07 bworldonline
The sector’s gross value added  (GVA) — a measure of the value of goods and services produced by a sector — increased by 7.3% to P841.70 billion in 2016, the Philippine Statistics Authority data showed. (1-1)

Tax reform watch weighs on investor sentiment

2017-12-12 bworldonline
ANY OPTIMISM over the Philippines’ credit rating upgrade on Monday by Fitch Ratings evaporated yesterday, as investors awaiting Congress’ ratification of tax reforms made the Philippine Stock Exchange index (PSEi) end three days of gains. (20-0)

Razon keeps casino venture in Korea

2017-11-13 philstar
MANILA, Philippines — Ports tycoon and casino magnate Enrique Razon has decided to keep his casino in Jeju, Korea, his first venture overseas. (0-1)

Razon eyes gaming opportunities in Asia

2017-11-13 bworldonline
PORTS and gaming tycoon Enrique K. Razon, Jr. is scouting for opportunities to expand his gaming business in Asia. (5-1)

Razon says he’s more concerned about PH infra in Asean forum

Enrique Razon Jr., the often outspoken ports and gaming tycoon, advocated some self-interest during the 31st Association of Southeast Asian Nations Summit on Monday. (1-3)

Bloomberry income up 31% in Q3

2017-11-09 philstar
MANILA, Philippines — Bloomberry Resorts Corp., owner and operator of Solaire Resort & Casino and Jeju Sun Hotel & Casino, sustained its profitability in the first nine months. (0-1)