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China's investments in the Philippines: Big-ticket projects - Vimarsana News

China's investments in the Philippines: Big-ticket projects

Infrastructure and peace with Reds: boosting drive toward upper-middle-income status

Billionaire Enrique Razon's Prime Infra Steps Up Development Of Philippine Gas, Water Projects - Vimarsana News

Billionaire Enrique Razon's Prime Infra Steps Up Development Of Philippine Gas, Water Projects

Prime Infrastructure Capital is stepping up the development of its gas and water projects in the Philippines despite a delayed initial public offering.

Source: forbes.com
Cash-Strapped Philippine Tycoon Ropes In Okada Manila Owner To Finish Stalled Cebu Casino Project - Vimarsana News

Cash-Strapped Philippine Tycoon Ropes In Okada Manila Owner To Finish Stalled Cebu Casino Project

PH Resorts Group Holdings said it has agreed to sell a majority stake in its stalled casino resort project in the central Philippine island of Cebu to the owner of Okada Manila.

Source: forbes.com
Phoenix divests $19.2M from PNX • Lenie Lectura - Vimarsana News

Phoenix divests $19.2M from PNX • Lenie Lectura

Phoenix Petroleum Philippines Inc. (PPPI) on Tuesday disclosed the value of the 85-percent stake it divested from its Singapore-based trading arm, PNX Petroleum Singapore Pte. Ltd. (PNX SG). At $0.85 apiece, the 22.6 million shares are worth $19.2 million or about P1.089 billion. “This transaction shall raise an immediate $19.2 million in cash for PPPI,

Malampaya consortium to invest $600M - Vimarsana News

Malampaya consortium to invest $600M

The Malampaya consortium led by gas field operator Prime Energy Resources Development B.V. has programmed initial investments of about $600 million under t...