Month: June 2017

A tourism master plan

Inasmuch as we can’t expect our political leadership to abolish the tourism department anytime soon, we might as well make sure those who are now pretending to lead it are able to do some good. We need a plan. And I am not surprised we have such a plan… We are very...

Dusit wakes from lull to make bold expansion in PH

After two decades of operating a lone hotel in Makati, Thai hospitality group Dusit International is expanding its footprint in the Philippines with a pipeline of new hotels that could quadruple its local portfolio to over 2,000 rooms within three years. Dusit has...

Okada keeps nameplate in Manila casino

MANILA, Philippines – The ouster of Japanese gaming mogul Kazuo Okada as chairman of Tiger Resort, Leisure and Entertainment Inc. (TRLEI) will not likely lead to a rebranding of the company’s Manila casino-resort complex. A source said despite the board...

DoubleDragon, Ascott tie up for 5-star hotel project

MANILA, Philippines – DoubleDragon Properties Corp., the joint venture between Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Corp. chairman Tony Tan Caktiong, has partnered with Ascott Ltd. to develop a luxury serviced apartment in Pasay City. In a...

Online stock trading gaining ground in PH

Online stock trading is gaining momentum in the Philippines, a country where only a small portion of the population is invested in or even familiar with the stock market. Based on the annual Philippine Stock Exchange (PSE) report on stock market accounts, online...