Suntrust Resort secures USD17 million loan for hotel-casino project
Suntrust Resort Holdings Inc., an affiliate of Andrew Tan’s Megaworld Corp., on Thursday said its board approved a USD17-million loan agreement to finance The Main Hotel and Casino project at the Entertainment City.
Alliance Select sees better prospects in 2024 after narrowing losses in 2023
Alliance Select Foods International, Inc. is hopeful it could sustain earnings growth in the coming quarters to bounce back this year from a net...
NG deposits, bond proceeds help push May BOP into surplus
The country’s balance of payments (BOP) stood as a surplus of USD 2 billion in May, a reversal from the USD 439 million deficit recorded a year earlier.
Cebu seen running out of power options in four years
Energy deficient Cebu is forecast to require far more electricity than is fed the island at present and will run out of options in four years unless new power plants are built, a top official of Aboitiz Power Corp. said.
Discounted rice sale of only P29 a kilo muster NFA Council approval
The National Food Authority (NFA) Council is selling aging buffer rice stocks via the various Kadiwa rolling stores for only P29 a kilo.
