Covering companies in the Philippines and other parts of Southeast Asia based in Manila.
Thai Tycoon Revamps Property Business To Unleash Growth
Panote Sirivadhanabhakdi, son of liquor tycoon Charoen Sirivadhanabhakdi, has been making moves to revamp the family’s real estate portfolio held by Singapore-listed Frasers Property.
Billionaire Lucio Tan’s Philippine Airlines Raises $300 Million In First Bond Sale Post Bankruptcy
Philippine Airlines is raising $300 million from the bond sale to help fund the flag carrier's fleet modernization and international expansion.
Jollibee Tycoon-Backed Hotel101 Plans To Invest $200 Million In Thailand Push
Nasdaq-listed Hotel101, a Philippine-based hotel operator, expands into Thailand, Southeast Asia's top tourist destination.
Fintech Unicorn GCash To Raise $1.5 Billion In What Could Be The Philippines’ Biggest IPO
GCash was originally launched by Globe Telecom in 2004 as a text messaging-based payments platform before becoming one of the Philippines' biggest fintech players.
Philippine Tycoon Lance Gokongwei Bets On Online Gaming With PhilWeb Deal
Online gaming exploded in the Philippines following the broad adoption of mobile Internet gambling during the pandemic. It rose 30% to 201 billion pesos ($3.3 billion) last year.
Philippine Tycoon Federico Lopez-Led First Gen To Invest $407 Million In Geothermal Project
Energy Developement Corp.—the renewwable energy unit tycoon Federico Lopez and his family’s First Gen Corp.—is doubling down on its geothermal investments as the Philippines accelerates its transition to clean energy sources.
30 Under 30 Asia’s Next Icons: The Gen Z Athletes And Music Artists Rewriting The Playbook
From breaking records on the court to packing arenas and bringing a taste of Asia abroad, this year’s 30 Under 30 Asia Entertainment & Sports stars are unstoppable.
Thai Billionaire Charoen Sirivadhanabhakdi’s Frasers Property Sells European Properties To REIT For $343 Million
Billionaire Charoen Sirivadhanabhakdi's Frasers Property said the divestment of its European logistics properties was in line with the strategy to recycle capital as part of active portfolio management of stabilized and mature investment properties.
Billionaire Gautam Adani’s Airport Arm, IHG To Build Five Hotels Across India
Adani Airport Holdings and IHG Hotels plan to build five hotels with close to 1,500 rooms in key aviation hubs and high-growth urban destinations across India.
Philippine Tycoon Lucio Tan-Backed PNB Holdings May Push Back $930 Million IPO
PNB Holdings—the property arm of tycoon Lucio Tan’s Philippine National Bank (PNB)— may delay its initial public listing to protect its estimated 56.3 billion pesos ($930 million) valuation from a prolonged equities selloff fueled by the Middle East conflict.
