News Flash

July 28, 2015, Tuesday
  • Pres. Aquino’s SONA took about 2 hours and 10 minutes. 15 hours ago |
  • Some congressmen inside the session hall booed & raised anti-Aquino banners right after Pres. Aquino delivered his last SONA. 15 hours ago |
  • Pres. Aquino: “Our country’s transformation has just begun. Our direction depends on the Filipino people.” 15 hours ago |
  • Pres. Aquino says the 2016 election will be a referendum for ‘Daang Matuwid.’ 15 hours ago |
  • Pres. Aquino cites survey that says 8 out of 10 Filipinos believe PH will soon become a developed country. 15 hours ago |
  • Pres. Aquino to the Filipino people: It gives me great honor to serve you. 15 hours ago |
  • Pres. Aquino says his job is like that of a punching bag. 15 hours ago |
  • Pres. Aquino tells his siblings that only a few days remain & he will soon stop dragging them to the sacrifices he makes for the country. 15 hours ago |
  • Pres. Aquino says the late DILG Sec. Jesse Robredo continues to give him inspiration. 15 hours ago |
  • Pres. Aquino says Mar Roxas’ resilience vs. criticisms is proof that ‘you can’t put a good man down.’ 15 hours ago |
  • Pres. Aquino praises the members of his cabinet for their work. 15 hours ago |
  • Pres. Aquino thanks Congress for passing meaningful laws. 15 hours ago |
  • Pres. Aquino: “It’s time to pass an Anti-Dynasty Law.” 15 hours ago |
  • Pres. Aquino laments the views of those who are anti-BBL but can’t give a better alternative on how to achieve peace in Mindanao. 15 hours ago |
  • Pres. Aquino says it doesn’t matter if he is not present at groundbreaking ceremonies so long as projects are properly built. 16 hours ago |
  • Pres. Aquino says party affiliation is not a basis in implementing government projects. 16 hours ago |
  • Pres. Aquino gives updates on government’s flood control projects. 16 hours ago |
  • Pres. Aquino: "The time is avoid responsibility has ended." 16 hours ago |
  • Pres. Aquino boasts of PNP’s 1:1 police-to-pistol ratio. 16 hours ago |
  • Pres. Aquino identifies programs to enhance capabilities of the AFP and PNP. 16 hours ago |
  • Pres. Aquino says gov’t is moving to buy-out the MRT. 16 hours ago |
  • Pres. Aquino praises the supposed benefits of Conditional Cash Transfer (CCT) & K-12 programs. 16 hours ago |
  • Pres. Aquino says only one labor strike was recorded in 2013. 16 hours ago |
  • Pres. Aquino says Philippines is now ‘Asia’s Rising Tiger.’ 17 hours ago |
  • Pres. Aquino hails the huge number of cases filed by BIR Commissioner Kim Henares vs. tax evaders. 17 hours ago |
  • Aquino cites the detention of 3 senators & hospital arrest of a fmr. president as proof of his fight vs. corruption. 17 hours ago |
  • Pres. Aquino hits previous justice system that looked away from corruption. 17 hours ago |
  • Pres. Aquino seeks apologies for not doing the traditional SONA walk saying he does not feel well. 17 hours ago |
  • Pres. Aquino now walking towards session hall in Batasang Pambansa for his last SONA. 18 hours ago |
  • 3 helicopters currently flying over Commonwealth Avenue in Quezon City. 18 hours ago |
  • Long convoy of vehicles from PSG compound now traversing Marikina area. 18 hours ago |
  • Sen. Grace Poe arrives at Batasang Pambansa in Quezon City to listen to Pres. Aquino’s last SONA. 18 hours ago |
  • Tesda Chief Joel Villanueva says he is now 90% certain he will run for senate. 18 hours ago |
  • Long convoy of vehicles leaves PSG Compound in Malacanang heading to the area of San Juan. 18 hours ago |
  • NBI admits its probers weren’t able to enter the Manalo Compound in QC to probe abduction and hostage-taking claims. 18 hours ago |
  • NBI says there is no evidence that proves some INC members were abducted or taken hostage. 18 hours ago |
  • NBI considers reports of abduction & hostage-taking involving INC members a closed case. 18 hours ago |
  • 5 cops injured so far during commotion in the midst of anti-gov’t rallies along Commonwealth Avenue in QC. 19 hours ago |
  • Belmonte asks House members to explore the possibility of resuming peace negotiations with CPP/NDF. 19 hours ago |
  • Belmonte urges colleagues to pass the proposed BBL & “have the courage to finally come to peace with one another.” 19 hours ago |
  • Belmonte says the passage of economic chacha will reverse the trend of the economy’s “de-industrialization & de-agriculturalization.” 19 hours ago |
  • Belmonte seeks the passage of economic charter change & BBL in his speech at the opening of Congress’ 3rd regular session. 19 hours ago |
  • Traffic from Zuzuarregue St. to Philcoa along Commonwealth Avenue in Quezon City still light. 19 hours ago |
  • Philcoa going to Fairview along Commonwealth Avenue temporarily closed to motorists in view of SONA. 19 hours ago |
  • Traffic flow slow moving from Fairview to Elliptical Road along Commonwealth Ave. in QC as the bulk of anti-gov’t protesters arrive. 19 hours ago |
  • Anti-gov't protesters march from Elliptical Road heading to area nearest to Batasan Complex in QC. 22 hours ago |
  • Motorists experiencing heavy traffic congestion along Commonwealth Avenue in Quezon City. 23 hours ago |
  • PCCO Sec. Sonny Coloma urges the Filipino people to listen to Pres. Aquino's 6th & last SONA. 23 hours ago |
  • Western Samar Rep. & LP Sec. Gen. Mel Sarmiento says Speaker Belmonte maintains leadership of the House. 23 hours ago |
  • Sen. Drilon says Pres. Aquino's last SONA is not an LP event hence no announcement on a presidential bet. 23 hours ago |
  • Sen. Drilon says Pres. Aquino's last SONA is about his report to the people on government's performance. 23 hours ago |
  • Sen. Drilon says Pres. Aquino will not name his annointed presidential candidate during his last SONA. 23 hours ago |
  • Motorists who use Commonwealth Avenue in QC may use MMDA's 'Zipper Lane' or any alternate route. 23 hours ago |
  • Northbound lane of Commonwealth Ave. from Ever Gotesco to St. Peter's Church in QC closed to traffic. 23 hours ago |
  • Joint Session of Congress to be opened at 4 pm Monday to receive Pres. Aquino. 23 hours ago |
  • Third Regular Session of 16th Congress to open at 10 am Monday. 23 hours ago |
Advertisement

Gaming revenue in PH to reach $6b

By Othel V. Campos | Mar. 16, 2013 at 12:01am
Melco Crown Entertainment Ltd., a Macau-based gaming and casino developer, expects the Philippine gaming industry to grow to $6 billion within the next five to six years.

Melco co-chairman and chief executive Lawrence Ho said the Philippine market would be comparable with Las Vegas in the US or Singapore in the medium-term period.

“We expect Manila operations to contribute a significant part to Melco’s growth. We are focused on the opening of our Manila Resort. It is important for us to have the best partner and we’re fortunate enough to have SM’s Belle Corp. as our partner,” he said.

Manila is Melco’s first foray outside of Macau. It expects revenue from casino and hotel operations in Macau to grow 15 percent to $3.45 billion in 2013 from $3 billion in 2012.

Melco Crown is a joint venture between Ho and Australian billionaire James Packer.

The gaming company is keen on the Philippine market because of a rapidly increasing middle-class market and the country’s strong economic growth.
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