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AGI nets P14.8B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. booked a 6 percent increase in net profit last year to P14.8 billion, citing continued improvement in operating efficiencies as...

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‘Runway Manila’ launched

The Alliance Global Group Inc., in cooperation with the Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr), launched earlier this week a 220-meter pedestrian link...

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AGI nets p5.4B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. posted a 2-percent year-on-year growth in first quarter net profit to P5.4 billion on higher earnings from its property, beverage and...

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AGI nets P6.72B

Tycoon Andrew Tan-led Alliance Global Group Inc. posted P6.72 billion in first semester net profit attributable to equity holders, down by 8 percent year-on-year on slower earnings contribution from...

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AGI profit down 8%

Tycoon Andrew Tan-led Alliance Global Group Inc. reported P6.72 billion in first-semester net profit attributable to equity holders, down by 8 percent year-on-year on slower earnings contribution from...

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AGI sets P5B stock buyback

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. has earmarked P5 billion for a two-year share buyback program, believing that the conglomerate’s shares are “grossly undervalued” in the...

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Andrew Tan proposes 2km Fort Bonifacio-Guadalupe ‘Skytrain’

The group of tycoon Andrew Tan has submitted an unsolicited proposal to build a two-kilometer monorail that will link Fort Bonifacio to the MRT Guadalupe Station, seeking to boost connectivity for...

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AGI nets P3.5B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) posted P3.5 billion in first quarter net profit attributable to equity holders of parent firm, down by 2 percent year-on-year, on...

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DoTr endorses Andrew Tan’s P3B BGC-Makati monorail project

The group of tycoon Andrew Tan has bagged the original proponent status for the unsolicited proposal to build a P3-billion two-kilometer “Skytrain” monorail that will link Fort Bonifacio and MRT...

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Alliance Global H1 net up 17% to P7.9B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) grew its net profit in the first semester by 17 percent year-on-year to P7.9 billion on higher earnings across its real estate,...

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Two partnerships forged for disaster-resilient cities

Immediately prior to its General Meeting, the National Resilience Council (NRC) held a signing ceremony for its Adopt-A-City program last August 29, 2019 at the Tower Club in Makati.  The Adopt-A-City...

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AGI posts 68% profit growth

Tycoon Andrew Tan-led Alliance Global Group Inc. grew its 2011 net profit attributable to parent equity holders by 68 percent to P11.6 billion. The post AGI posts 68% profit growth appeared first on...

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Andrew Tan acquire’s global liquor giant’s Laguna plant

Tycoon Andrew Tan has struck a deal to take over the Philippine bottling plant of global premium liquor manufacturer Diageo in Laguna, an acquisition seen bringing Alliance Global Group Inc.'s liquor...

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AGI upbeat on gaming business despite challenges

Tycoon Andrew Tan-led Alliance Global Group Inc. is upbeat on its pioneering gaming complex and all other core businesses, unfazed by the decline in tourist arrivals from China and the recent softening...

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Integrated development a perfect showcase for tourism

At the height of the world’s worst financial crisis in 2008, practically all businesses must have stood still. After all, the crash of major financial markets around the world, reported to be the...

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Alliance Global seeks changes in $500-M debt note contract

Alliance Global Group Inc. of tycoon Andrew Tan is seeking the consent of its creditors to amend the covenant governing the group’s $500-million Singapore-listed debt paper. The post Alliance Global...

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Gaming stocks drop as new tax regime on Pagcor sparks uncertainties

Gaming stocks fell sharply on Monday as the market weighed in the risks of a change in tax regime arising from the loss of tax-exemption status by the industry regulator Philippine Amusement &...

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Alliance Global profit in H1 surged 44% to P8.3B

Alliance Global Group Inc. of billionaire Andrew Tan grew its six-month net profit by 44 percent year-on-year to P8.26 billion as its property development, liquor, integrated tourism and fast-food...

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Ayala, AGI, Jollibee debut on Forbes’ list of ‘Fab 50’

Three Philippine blue chip firms—Ayala Corp., Alliance Global Group Inc. and Jollibee Foods Corp.—debuted on Forbes Asia magazine’s 2013 list of Asia-Pacific’s best 50 big listed companies. The post...

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Resorts World eyes raising up to $497 M from public offering

Travellers International Hotel Group Inc., operator of Resorts World Manila, has set a price guidance range that indicates it expects to raise between $458 million and $497 million in fresh funds for...

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Alliance Global nets P17.2 B in 2013

Alliance Global Group Inc. grew its net profit attributable to equity holders of parent firm by about 24 percent to P17.2 billion led by growth in its beverage, property integrated gaming, consumer and...

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Tan sells personal stake in AGI

Billionaire Andrew Tan has disposed of his personal stake in Alliance Global Group Inc., the property, food and liquor conglomerate he controls, after selling P7.87 billion in shares to a top global...

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Biz Buzz: High Fidelity

It was one of the biggest private placement deals in recent memory, but businessman Andrew Tan’s P7.87-billion sale of part of his direct stake in flagship firm Alliance Global Group Inc. last week was...

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Alliance Global Group’s net profit falls by 9% to P7.5B in 1st half of 2014

Tycoon Andrew Tan-led Alliance Global Group Inc. posted a P7.5 billion first-semester net profit attributable to equity holders of parent, down by around 9 percent year-on-year on slower revenues from...

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AGI posts P7.5-B net profit

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) posted a P7.5-billion first-semester net profit attributable to equity holders of parent, down by 9 percent year-on-year on slower revenues from...

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Megaworld 2014 income hit P21.6B on strong sales

Property builder Megaworld Corp. said net income last year surged on strong earnings from its key property businesses and a non-recurring gain, a stock exchange filing on Wednesday showed. The post...

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AGI’s six-month net profit flat at P7.5B

TYCOON Andrew Tan-led conglomerate Alliance Global Group Inc. posted a six-month net profit of P7.5 billion, flat compared to the level last year, on mixed results among subsidiaries. Including...

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Alliance Global yielded P7.5-B income as of June

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. posted a six-month net profit of P7.5 billion, flat compared to the level last year, on mixed results among subsidiaries. The post Alliance...

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AGI invests P65B in new gaming hub

THE GROUP of tycoon Andrew Tan is investing P65 billion to develop a leisure and entertainment township at the Pagcor Entertainment City in Paranaque to be called Westside City, building on the legacy...

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Andrew Tan’s AGI nets P14B

TYCOON Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) grew its attributable net profit last year by 5.4 percent to P13.9 billion, driven by higher earnings contributed by its globalizing...

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Alliance Global profit hits P14B in 2015

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) grew its attributable net profit last year by 5.4 percent to P13.9 billion, driven by higher earnings from liquor unit Emperador Inc....

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AGI nets P7.3B; Travellers nets P1.8B

TYCOON Andrew Tan-led Alliance Global Group Inc. saw a 2.95 percent year-on-year decline in first semester net profit attributable to equity holders of parent firm to P7.28 billion on muted earnings...

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AGI profit down in H1

Tycoon Andrew Tan-led Alliance Global Group Inc. saw a 2.95-percent year-on-year decline in first semester net profit to P7.28 billion on muted earnings from its integrated resort business. The post...

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AGI earmarks P150B for 2016-2017 capex

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) plans to fork out P150 billion this year through next year to support an aggressive expansion program across its property, gaming and...

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AGI eyeing expansion in China

Tycoon Andrew Tan is seeking opportunities to expand in Asia’s largest economy in the liquor and tourism segments as he joins President Duterte’s state visit to China next week. The post AGI eyeing...

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AGI nets P11B

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. grew net profit in the first nine months by 4 percent year-on-year to P11 billion on higher earnings across its property, beverage,...

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AGI fast-tracks digitalization program

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) has spent over P1 billion for various relief efforts during this coronavirus (COVID-19) pandemic, which has likewise prompted the group to...

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AGI’s Q1 net profit down 32%

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) saw a 32-percent year-on-year drop in first quarter attributable net profit to P3 billion as the eruption of Taal volcano and the start of the...

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AGI maps out COVID19 recovery program

Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) has unveiled a five-pronged program to perk up various businesses and ensure quick recovery from coronavirus pandemic fallout. AGI’s recovery...

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Alliance Global reports big improvement in Q3 earnings

Tycoon Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) saw an improvement in third quarter earnings as its property, gaming and fast-food businesses started to recover from the slump seen...

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