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Belle may sell down stake in Sinophil

Philippine property developer Belle Corp may sell between a 20 and 30 percent stake in gaming firm Sinophil Corp to improve liquidity and widen...

Sinophil swings to profit in June quarter

Sinophil posted a profit in the three months to end June as gross revenue surged. The company had a profit of 1.22 billion pesos, compared...

Philweb reports dip in quarterly profit, revenue rises

Philweb, which operates internet cafes dedicated to online gambling across the Philippines, said its profit in the three months through June dipped slightly though...

Travellers International outlines spending on RWM expansion

Travellers International Group said through June 30th it has spent about 1.11 billion pesos ($25.5 million) of the 16.8 billion pesos that it raised...

Universal in talks with Philippine partners

Universal Entertainment’s Philippine unit is in talks with local partners to complete its resort development in Manila, local media cited Philippine Amusement and Gaming...

Solaire Resort takes to the skies with AirAsia branding campaign

Solaire Resort and Casino, the newest integrated resort in the Philippines, has launched a major branding and marketing campaign with AirAsia, wrapping an Airbus...

Australian visitor numbers to Philippines on the rise

The number of Australians visiting the Philippines is now at record levels and budget carrier Cebu Pacific is adding four direct services from Sydney...

Okada denies paying bribe for Philippine license

Japanese billionaire Kazuo Okada denied reports he paid a bribe to receive a license for Universal Corp’s Manila Bay Resorts project in the Philippines,...

Melco Crown ups budget for City of Dreams Manila

Melco Crown Entertainment’s Filipino unit plans to sell new shares to finance a major increase in the total budget for its City of Dreams...

Belle to buy $207.6 mln of Sinophil stock in gaming spinoff

Belle Corp has said it will pay 9.11 billion pesos ($207.6 million) to subscribe for shares in its Sinophil subsidiary in a spinoff of...

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