Corporate

PAGCOR gross gaming revenue at record P285.27B in 2023, eyes P336.38B for 2024

The Philippine Amusement and Gaming Corporation said gross gaming revenue in 2023 reached a record P285.27 billion, exceeding pre-pandemic levels as mobility restrictions eased and tourism rebounded.

PDS Group supports Frederick Go as top economic adviser

The board the Philippine Stock Exchange Inc. and of the Philippine Dealing System Holdings Corp. have expressed their support for the appointment of Frederick D. Go as Presidential Assistant on Investment and Economic Affairs. 

Stockbrokers rule out SM unit, Prime Infra IPO this year

Investors can reasonably expect capital-raising activities from five or six companies going public this year but none of them present the kind of excitement seen generated by the planned initial public offering of SM Group’s real estate investment trust (REIT) unit and Enrique Razon’s Prime Infrastructure Inc., stockbroker Abacus Securities Corp. said. 

PSE supports Recto as new DOF Secretary

The Philippine Stock Exchange said it supports the appointment of former Senator Ralph G. Recto secretary of the Department of Finance. 

Aboitiz-led Apo Agua supplies water to Davao City Water District

Apo Agua Infrastructura, Inc. (Apo Agua), a water subsidiary of Aboitiz InfraCapital (AIC), now supplies the Davao City Water District (DCWD with safe, reliable, and sustainable water to ). 

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