Rappler's latest stories on andrew tan
Andrew Tan's AGI donates 1 million liters of alcohol vs coronavirus
'We need to protect our frontliners...whose lives are at risk in protecting and treating people from this virus,' says Alliance Global CEO Kevin Andrew Tan
Alliance Global launches program to future-proof its businesses
Alliance Global Group says it wants to have all of its companies 'ready for the future of business in the next 10 years'
Emperador bullish on international business
Its scotch whiskey business Whyte & Mackay is now in the growth phase, while its recently-acquired brandy business in Mexico is expected to follow suit in 2019
LIST: Planned developments in Boracay
The 6-month Boracay closure will not impede the planned mega projects of property developers in the island
Alliance Global net income for 2017 stalls on Resorts World attack
Alliance Global reports a net income of P21.8 billion in 2017, from P22.8 billion in 2016, as losses from its casino and liquor units offset gains from Megaworld and fast-food operations
Global-Estate Resorts net income up 45% to P1.6 billion in 2017
The increase comes as the residential sales of the Megaworld subsidiary grew 4% to P4.5 billion, while income from rentals was up 54% to P161 million
Resorts World Manila operator's 2017 income plunges over shooting incident
Gross gaming revenues dropped by 27.6% to P17.1 billion after the June 2, 2017 shooting incident led to the closure of the gaming area for nearly a month
Megaworld net income up 13.4% to P13.3 billion in 2017
The Andrew Tan-led property developer also plans to spend P60 billion in capital expenditures this year
Megaworld to turn over 2,300 condo units in Fort Bonifacio in 2018
Megaworld is the largest single landholder and developer in Fort Bonifacio, with 4 integrated urban townships covering a total of 107 hectares
Henry Sy still leads Filipinos on Forbes' 2018 billionaires list
The number of Filipinos on the list drops from 14 last year to 12 this year, but their combined net worth increases from $45.8 billion to $55.2 billion
Megaworld to invest P54 billion more in Westside City township
The developer plans two new hotels to coincide with the 2021 opening of a new casino in the township near Manila Bay
DoubleDragon plans 3.9-hectare industrial hub in booming Iloilo
With the rising cost of traffic and congestion in Metro Manila, property developers like DoubleDragon are looking at alternative cities to expand their landbank
Megaworld set to open Festive Walk Mall in Iloilo
The P2.2-billion, 3-level mall at the Iloilo Business Park is opening this coming April
Megaworld to develop smart townships
Dubbed iTownships, the initiative will include smart home technology, smart parking systems, and the use of sustainable materials, among others
Conglomerates in talks for 'super consortium' to upgrade NAIA
Andrew Tan's Alliance Global and Lucio Tan's LT Group confirm there are talks with other business groups, though no formal agreements have been reached
Alliance Global moves into infrastructure, proposes Skytrain
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
Megaworld launches new headquarters in Bonifacio Global City
The 30-story Alliance Global Tower, situated in the Uptown Bonifacio township, houses Megaworld and all of its subsidiaries' 3,500 employees
Resorts World Manila sees recovery, fast-tracks expansion
Foot traffic at the Resorts World Manila complex is almost back up to pre-attack levels, while an expansion of its casino area is eyed for completion by December
Wealth of 50 Filipinos account for 24% of PH's 2016 GDP
4th UPDATE Henry Sy Sr tops Forbes Philippines rich list in 2017 for a decade now but younger and self made tycoons are gaining ground
Alliance Global net income drops to P10.1 billion in 1st half of 2017
The group s property and fast food units temper the slower performance of its casino and liquor businesses
Megaworld net income up 11% to P6.69B in 1st half of 2017
The rise is due mainly to the property developer s rental income which rose 20 to P5 83 billion for the period
Emperador net income down to P2.7 billion in 1st half of 2017
The beverage firm s revenues came in at P18 1 billion for the period
Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms
About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20
Resorts World Manila operator vows to 'defend' gaming license
This comes after the Philippine Amusement and Gaming Corporation s decision to suspend the provisional license of the casino
Empire East unaffected by Resorts World Manila attack
Empire East will continue to invest and expand in the Philippines allocating P25 billion in capital spending budget over the next 5 years to fund its projects in Metro Manila and the south
Resorts World Manila loses P7-B market value a week since attack
The declining stock price of RWM makes even more evident the company s struggling performance over the last few years due to increasingly tough competition in the casino market
FAST FACTS: What you need to know about the Philippine casino industry
Despite challenges Pagcor Chairperson Andrea Domingo says the local gaming industry s total revenues in 2017 may still expand to P160 billion
Resorts World to fund education of victims’ children until college
Resorts World also vows to pay P1 million each to the victims families and P500 000 to those injured during the attack
FAST FACTS: What you need to know about Resorts World Manila
Shooting and fire broke out in Resorts World Manila past midnight of June 2 Here s what you need to know about the place
Emperador to miss income target for 2017
But Emperador expects profits to be better than in 2016 as it plans to launch new products targeting the young and upwardly mobile consumers
Alliance Global to build transport hub near NAIA
This will connect the country s main international gateway to Newport City potentially increasing foot traffic to tycoon Andrew Tan s development
FAST FACTS: How much meat does the Filipino consume?
Most Catholics in the Philippines abstain from eating meat during the Holy Week
Alliance Global sees minimal income growth due to high spending, flat earnings
Its consolidated revenues end flat at P139 7 billion in 2016 while reported net income climbs only 5 to P22 8 billion
Rental sales lift Megaworld's 2016 income
The developer however does not provide its real estate sales figures for 2016 which is a big component of its consolidated revenues
Record number of Filipinos among 'richest people on the planet'
Joining the 14 Filipinos who are dollar billionaires in 2017 are Ramon Ang Injap Sia Eduardo Cojuangco and Roberto Ongpin
Amid soaring demand, Megaworld sees P20-B rental income by 2020
This means the urban township developer projects to more than double its P9 B rental income in 2015
Megaworld opening 4 new hotels in 2017
Within the next 3 to 5 years Megaworld hopes to see a bigger slice of hotel earnings in its revenue pie as it opens new hotels
Alliance Global allots P1.2B for drug rehab centers
The rehabilitation center to be built in Taguig City will accommodate around 500 drug reformists according to Alliance Global
Emperador buying Pernod Ricard's Domecq brandy and sherry
This comes after Emperador acquired 4 international brands originating in Spain over the past few months
Alliance Global spending over P150B for two-year expansion
Betting on the country s growth potential Andrew Tan s investment holding firm is spending more to accelerate expansion of its businesses
Megaworld spending P8.5B for hotel expansion
The developer will build a total of 5 more hotels in Boracay Manila and Cebu
Henry Sy still PH's richest man for 9th straight year – Forbes
The biggest gainer on the list of richest Filipinos percentage wise is Edgar Sia II
Megaworld expands office footprint in Davao City
The property giant s Davao City township is seen to generate around 100 000 jobs by 2020
Travellers International nets P4B in 2015
The Resorts World Manila operator sees a drop in income which it blames largely on foreign exchange losses stemming from a strong dollar
Megaworld to build more malls, office buildings in PH
At least 75 of Megaworld s 2016 budget of P55B 1 17B is earmarked for its rental portfolio
Marcos’ candidacy, HBO on Pacquiao, PH billionaires | 6PM wRap
Watch Rappler’s 6PM newscast with Chay Hofileña
11 Filipino tycoons back in Forbes' list of world's richest
Henry Sy Sr the 91 year old chairman of SM Investments Corporation retains his spot as the richest Filipino according to Forbes 2016 World s Billionaires
PH's Emperador buys Spain's Fundador
Andrew Tan s Emperador which started as a brandy maker in the Philippines has been expanding its global presence
Andrew Tan's group earmarks P65B for entertainment, leisure township
To be located near Manila Bay in Entertainment City Parañaque the township will house the second Resorts World in PH It is also eyed to become the Broadway of Asia
Philippine firms on billion-dollar global shopping spree
Local firms are leveraging earnings from a robust economy to buy foreign firms at cheap prices in multiple sectors including telecommunications power fast food and oil
