Golden TW Realty and Development Corp. is eyeing a branded hotel and luxury villas as part of a long-term expansion of its 23-hectare property in Boracay, following an initial investment of P3 billion in its newly opened Kaban hotel and casino.

Tycoon Manuel V. Pangilinan has secured another piece of Manila Electric Co., completing a P2.19-billion share purchase from Ramon Ang’s San Miguel Group out of his own pocket.

The maiden offering of Mynt Inc., the parent company of e-wallet giant GCash, has recorded strong demand across brokerage firms as the offer period for what would be the country’s biggest initial public offering officially ended yesterday.

A reader asked me on a Facebook chat: “Who is better – an individual genius who gives ideas worth millions or an army of problem-solvers giving their two-cents worth?” My answer is both. Giving ideas is not a zero-sum game.

The local stock market kicked off the week on a positive note as investors continued to take advantage of relatively cheaper valuations.

The Philippine Amusement and Gaming Corp. has approved nearly 40,000 requests from gamblers seeking to bar themselves from betting, as the regulator intensifies its campaign to promote responsible gaming and address gambling-related harm.

The Philippines has become one of the hotspots for scam operations in the Association of Southeast Asian Nations, ASEAN Foundation executive director Piti Srisangnam said.