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Bloomberry finds buyer for South Korean unit

The Philippine Star

|

October 28, 2025

Bloomberry Resorts Corp. of tycoon Enrique Razon Jr. has found a buyer for its losing company in South Korea, putting it on track to end a 10-year investment that hardly turned in profit.

In a disclosure to the Philippine Stock Exchange, Bloomberry said its indirect unit Golden & Luxury Co. Ltd. has signed a share purchase agreement with Gangwon Blue Mountain Co. Ltd.

Gangwon Blue Mountain has placed a downpayment of 500 million Korean won, or roughly P20 million, to kick off the transaction.

Under the deal with Gangwon Blue Mountain, Golden & Luxury will spin off its casino business to create a separate new company. The resulting entity from the spinoff will be sold afterward to Gangwon Blue Mountain.

MEER VERHALEN VAN The Philippine Star

The Philippine Star

Coal power and the Phl’s energy conglomerates

Energy is development. More energy especially from stable, reliable and dispatchable sources means more leeway on the kind of modernization path a country can take.

time to read

4 mins

October 30, 2025

The Philippine Star

Pressure builds on Prince Andrew to vacate mansion

Prince Andrew, who recently relinquished his formal titles after new revela-

time to read

1 min

October 30, 2025

The Philippine Star

The Philippine Star

Comelec: 27 contractors must explain campaign donations

The Commission on Elections is set to issue show-cause orders against 27 government contractors who allegedly donated to the campaign of senatorial candidates during the 2022 elections.

time to read

1 min

October 30, 2025

The Philippine Star

Last 4 among senators release assets, net worth

All 24 senators have finally made their statements of assets, liabilities and net worth (SALNs) public amid widespread calls for transparency sparked by outrage over irregularities in flood control projects.

time to read

1 mins

October 30, 2025

The Philippine Star

Tarlac vice mayor to replace disqualified mayor

When the ruling for the disqualification of Tarlac City Mayor Susan Yap-Sulit becomes final and executory, her position will be filled by Vice Mayor Katherine Therese Angeles, the Commission on Elections said yesterday.

time to read

1 min

October 30, 2025

The Philippine Star

The Philippine Star

SHAMAINE BUENCAMINO SHARES HER 'JULIA STORY'

In the hope of helping parents with kids who have mental health problems and those who are trying to recover after their kid’s suicide, I asked my dear “U.P. classmate,” Shamaine Buencamino to share her “Julia story.”

time to read

3 mins

October 30, 2025

The Philippine Star

The Philippine Star

JoyRide’s Super Taxi Airport Transfer recognized as ‘Rising Star for Mobility’

JoyRide, the leading homegrown mobility app, continues to make waves in the transportation industry as its Super Taxi Airport Transfer was named the Rising Star for Mobility at the inaugural Klook Partner Awards held last August.

time to read

2 mins

October 30, 2025

The Philippine Star

The Philippine Star

Vietnam floods kill 9, leave 5 missing

Floods triggered by record heavy rains have killed at least nine people and left five others missing in central Vietnam, the government said yesterday.

time to read

1 min

October 30, 2025

The Philippine Star

BBM returns to Phl, reaffirms WPS stance

President Marcos yesterday arrived from his participation in the 47th Association of Southeast Asian Nations (ASEAN) Summit in Malaysia, where he affirmed the Philippines’ stance on key issues, including the West Philippine Sea (WPS) row, and accepted the chairmanship of the regional bloc.

time to read

1 min

October 30, 2025

The Philippine Star

Passion & purpose beyond business

A fireside chat is an informal, yet structured, conversation between a host, or moderator, and a guest in front of an audience, designed to be engaging and conversational.

time to read

3 mins

October 30, 2025

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