Alliance Global Group - updates

Rappler's latest stories on Alliance Global Group


Alliance Global profits down 39% in Q1 2020

Jul 01, 2020 - 10:15 AM

The Taal Volcano eruption and the coronavirus pandemic hit Andrew Tan's empire

EARNINGS. Kevin and Andrew Tan. Photo from Alliance Global Group

Alliance Global sets P410-billion capex for 2020 to 2024

Jul 01, 2019 - 3:30 PM

Alliance Global's property arm Megaworld Corporation receives the lion's share of the budget set for 2020 to 2024

FUTURE-PROOFING. AGI's 5-year program wants to increase the use of innovation and digital transformation in all of its businesses. Logo from Alliance Global

Alliance Global launches program to future-proof its businesses

Jun 20, 2019 - 6:55 PM

Alliance Global Group says it wants to have all of its companies 'ready for the future of business in the next 10 years'

FUTURE-PROOFING. AGI's 5-year program wants to increase the use of innovation and digital transformation in all of its businesses. Logo from Alliance Global

NAIA Consortium gains original proponent status for P102-B airport rehab

Sep 13, 2018 - 6:02 PM

The proposal to rehabilitate the Ninoy Aquino International Airport is now up for the approval of the National Economic and Development Authority Board

REHAB. NAIA Consortium has been awarded the "original proponent status" by the government for the rehabilitation of the country's main gateway. File photo by Ben Nabong/Rappler

Guadalupe-BGC Skytrain construction seen to start in 2018

May 28, 2018 - 1:20 PM

The Department of Transportation approves Infracorp Development Incorporated's proposed Skytrain monorail, which could be operational by early 2021

DOTr to review P350-billion NAIA rehabilitation proposal

Feb 18, 2018 - 10:05 PM

The Department of Transportation expects to finish its evaluation of the Ninoy Aquino International Airport proposal by top conglomerates in April

REHABILITATION. Passenger traffic to NAIA is expected to continue to grow significantly over the coming years and the existing runway configuration may be unable to accommodate the future flows. Photo By Ben Nabong/Rappler

'Super consortium' formalizes P350-billion NAIA rehab proposal

Feb 13, 2018 - 12:30 PM

The consortium's members are Aboitiz InfraCapital, AC Infrastructure, Alliance Global, Asia's Emerging Dragon, Filinvest, JG Summit, and Metro Pacific

REHABILITATING NAIA. The consortium teams up with Singapore's Changi Airports International Private Limited to provide technical support in the areas of master planning, operations optimization, and commercial development. Image from Aboitiz Corporate Communications

Alliance Global moves into infrastructure, proposes Skytrain

Oct 11, 2017 - 2:00 PM

Andrew Tan's new infrastructure subsidiary Infracorp Development announces its arrival with an unsolicited bid for a monorail project that would link Guadalupe, Makati to Bonifacio Global City

Alliance Global sees minimal income growth due to high spending, flat earnings

Apr 07, 2017 - 10:15 AM

Its consolidated revenues end flat at P139 7 billion in 2016 while reported net income climbs only 5 to P22 8 billion

HIGHER SPENDING. Alliance Global''s Kingson Sian says: 'Since about 3 to 4 years ago, the group has made a deliberate effort to significantly raise our level of spending to expand our geographic footprint both here and abroad, and ensure a more sustainable growth in future earnings.' Photo by Rob Reyes/Rappler

Amid soaring demand, Megaworld sees P20-B rental income by 2020

Feb 01, 2017 - 4:55 PM

This means the urban township developer projects to more than double its P9 B rental income in 2015

RENTAL SPACE. Megaworld will add close to 1 million square meters of leasable space in its portfolio. Photos from Megaworld's website

Alliance Global spending over P150B for two-year expansion

Sep 29, 2016 - 3:55 PM

Betting on the country s growth potential Andrew Tan s investment holding firm is spending more to accelerate expansion of its businesses

AGGRESSIVE.'We continue to be optimistic about what lies ahead. That is why we have kept an aggressive capital spending plan moving forward,' Alliance Global president Kingson Sian says. Photo by Rob Reyes/Rappler

Resorts World Manila to spend P8B for 2015

Jun 18, 2015 - 8:45 PM

Travellers International Hotel Group will spend higher this year banking not only on gaming but hotels malls and convention areas

BULLISH GAMING SCENE. Travellers International, owner and operator of Resorts World Manila (shown here), remains bullish in the Philippine gaming industry. File image from the Travellers International website

Philippine distiller Emperador eyes French cognac maker

May 11, 2015 - 1:16 PM

Emperador is currently debt free and is therefore in a very strong financial position to further expand its business both globally and domestically the distiller says

Global Estate Resorts nets P857M in 2014

Apr 13, 2015 - 9:15 AM

The Megaworld led firm gets a boost from sales in Southwoods City and Alabang West

Megaworld led Global Estate Resorts Incorporated nets P857 million in 2014

Travellers International nets P5.45B in 2014

Mar 20, 2015 - 4:54 PM

The gaming and entertainment complex operator reports its net doubles from 2013 despite a decline in net revenues

PH’s Emperador eyes export in 2015

Oct 09, 2014 - 8:34 AM

Emperador Distilleries Inc is exporting to Africa Central Eastern Europe and Russia

Travellers International to invest P16B in Manila Bay casino resort

Sep 24, 2014 - 5:30 PM

The joint venture of Andrew Tan’s Alliance Global and Malaysia’s Genting group will acquire 95 of the company that s developing the Bayshore City Resorts World

Andrew Tan’s Manila Bay casino to open in 2018

Sep 16, 2014 - 2:24 PM

Phase 1 of Resorts World Bayshore in the Entertainment City will include 3 luxury hotels with gaming facilities

Alliance Global’s 2020 goal: Be the largest PH hotel developer

Aug 20, 2014 - 2:43 PM

The Andrew Tan led conglomerate aims to build 12 000 hotel rooms under 12 different local and foreign brands

Emperador expands vineyard in Spain

Jul 16, 2014 - 1:16 PM

The Andrew Tan led company is acquiring additional land in Toledo Spain to boost grape production

Megaworld makes tourism bid via acquisition of Global-Estate Resorts

Jun 21, 2014 - 8:30 AM

The acquisition signals Megaworld’s entry in the tourism industry with its 80 4 stake in tourism estate developer Global Estate Resorts

Andrew Tan's holding firm posts 10.6% jump in Q1 profit

May 20, 2014 - 5:42 PM

Its property food and liquor businesses enjoyed strong demand from consumers

Andrew Tan's holding firm posts record earnings in 2013

Apr 30, 2014 - 1:20 PM

Main drivers were the group s real estate and liquor businesses

Emperador boosts Spain investments

Feb 14, 2014 - 1:14 PM

A company statement said their deal cements Emperador s push into Spain and into making brandy a global concern

EMPERADOR. Emperador increased its investments in Spain by acquiring half of brandy producer Bodega Las Copas for around P3.7 billion.

Emperador in P6-B Spain venture

Aug 08, 2013 - 4:09 PM

Emperador Distillers will spend for more vineyards and brandy stocks in Spain to build a global brand

Casino firms welcome San Miguel win in NAIA Expressway

May 27, 2013 - 9:26 AM

The 4 locators requested for the construction of the elevated ramp and was initially willing to shoulder half or P6 5 billion of the project cost

Emperador looks to double sales in 5 years

Feb 18, 2013 - 1:40 PM

The company eyes to capture 33 of the world brandy market

Andrew Tan’s Emperador acquires Spanish brandy maker

Jan 14, 2013 - 12:51 PM

The company signs an agreement to acquire 100 of Spain s Bodega San Bruno for an undisclosed amount

Andrew Tan's Alliance Global hikes 2013 spending to P40-B

Dec 04, 2012 - 1:28 PM

The tycoon says the holding firm will continue to expand on the back of the strong economy

PH's Emperador wants to outsell Britain's Smirnoff

Nov 04, 2012 - 9:31 AM

Emperador doesn t just want to be the number 1 selling brandy in the world it wants to take out Smirnoff on the list of top selling spirits

Andrew Tan's holding firm posts 22% jump in H1 core profit

Aug 16, 2012 - 2:44 PM

Growth is driven mainly by its real estate unit Megaworld Corp

Ayala, Sy, Gokongwei to join Aquino in US, UK trips

Jun 04, 2012 - 8:27 PM

About 26 top Filipino businessmen are part of the delegation that will accompany President Aquino in his visits to the United Kingdom and United States from June 4 to 10

Okada, other Pagcor City investors to pay for NAIA Expressway

Mar 21, 2012 - 11:50 PM

Controversial Japanese billionaire Kazuo Okada will be among the private investors financing the expressway leading to Pagcor City

NAIA EXPRESSWAY. The highway project is among the government's first large-scale public-private partnership projects.