Corporate

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...

SEC nod paves way for P5-B Megawide bond sale

The Securities and Exchange Commission has approved the P5 billion proposed bond sale by Megawide Construction Corp. for refinancing, development and other corporate activities.

Travellers has a new CFO

Travellers International Hotel Group Inc., the Andrew Tan-owned gaming firm that operates Newport World Resorts, has named a former Okada Manila executive as its new chief financial officer. 

Italpinas unit IDC Prime forms JV for P2.81 billion condominium project

Listed firm Italpinas Development Corp. said the board of its real estate subsidiary IDC Prime Inc. has finalized a joint venture agreement with landowners...

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