edited..
moved my question to another thread..

of topic kasi hehe.

^^Universal Studios Theme Park??

universal entertainment is not the owner of universal studios theme parks.

i believe the theme park component in the e-city manila will be undertaken by the genting group.

nbc universal in partnership with genting group is responsible for universal studios singapore. however, i think there is an exclusivity clause that is prohibiting genting from constructing another universal studios within the southeast asian region to prevent direct competition to its universal studios themepark in singapore.

but who knows?

i heard it's a gonna be warner brothers, and not universal studios who's making a theme park, right?

yes I know that MONORAILS are low-capacity, yes I know that MONORAILS are for tourists. I have already said my piece...some don't have the coconut to backread anymore hehehe.

I am not saying that MONORAILS are to be use as mass transport, I know we already have the LRT/MRT. All I am saying that MONORAILS are for enjoyment (backread again). Para sirang plaka na yung iba dito hehehe...maybe just for the sake of posting hahaha. I don't still get it why some of you still keep on arguing/complaining when in fact we WILL BE HAVING a monorail at E-City Manila in the future.


At first, akala talaga namin gusto mong magkaroon ng Monorail for mass transportation, all because ginawa mo kasing example ang Malaysia several times eh.. which we all know uses Monorail for mass transportation. so it's just logical to react like this -- Eh bakit nga nman natin gagayahin ang mass transportation ng Malaysia, eh konti lang tao dun??

Eh kaso ang hinihiling mo palang monorail eh yung pang enjoyment purposes...
sorry to disappoint you, The Monorail for E-city is not for pleasure purposes, it's mainly for easier transpo - to link the airport, Newport city and e-city.



Here's something we don't have yet.... CABLE CARS. I know there's a cable car in People's Park in Tagaytay and Danao, Bohol but that won't cut it...in tagalog hindi yan uubra sapagkat the travel distance is short and they are just a small version of the REAL cable cars. Yes, I know there are REAL cable cars at Tagaytay Highlands but the place is for club members. sasabihin nanaman ng iba Cable Cars are low capacity :lol: at naiinggit nanaman ako :lol: or just my only basis for a country to have a tiger economy :lol: ! ang kitid eh ROFL ! PEACE OUT !

http://sphotos.ak.fbcdn.net/hphotos-ak-sjc1/hs301.snc3/28644_1407720067544_1068719127_1234719_7498220_n.jpg

^^ OFF TOPIC -
i suggest you make a new thread - listing what we don't have that other countries have.. mukhang mahaba haba ang listahan mo eeeh..
FYI - your last few sentences doesn't make any sense at all..

http://farm4.static.flickr.com/3075/4567838542_9ab0b61f51_b.jpg

why not transform Manila into this?

http://farm4.static.flickr.com/3075/4567838542_9ab0b61f51_b.jpg

why not transform Manila into this?

http://farm4.static.flickr.com/3075/4567838542_9ab0b61f51_b.jpg

why not transform Manila into this?
RIGHT!!! But the problem is the CATHOLIC CHURCH...

FYI - your last few sentences doesn't make any sense at all..

alin dun? yung kitid part? well, I already expected you don't know that part...kitid nga eh :lol:

RIGHT!!! But the problem is the CATHOLIC CHURCH...

Yes, In MY OPINION, the Catholic Church is also somewhat holding the Philippines from advancing and they should stop it. I'm not a Catholic but I've learned about their beliefs to follow Jesus to live a life of simplicity. I'm not saying it's wrong but think about it. These businesses might just be another opportunity to solve our problem of poverty.

why not transform Manila into this?

i think they are.. try searching for Alpha Land Bay city. It has it's own thread.
i really like their renders. :D

i think construction will begin in 2012

eto click mo.
http://www.skyscrapercity.com/showthread.php?t=727920&page=2

Well some people just cant stop being so critical... ;-)

ngayon ko lang napansin to. if being critical is to ask someone what he meant when he used a word then so be it. but i rather have someone correcting me than keep on repeating the wrong thing over and over again.

ako eh critical eh ano ang tawag mo sa taong sumasabat sa usapan ng iba at wala kang kinalaman? give that a name before you utter the word critical.

ngayon ko lang napansin to. if being critical is to ask someone what he meant when he used a word then so be it. but i rather have someone correcting me than keep on repeating the wrong thing over and over again.

ako eh critical eh ano ang tawag mo sa taong sumasabat sa usapan ng iba at wala kang kinalaman? give that a name before you utter the word critical.

As you said...

"if you cant control your words... you can never be smart"... ;-)

I LOVE THE PHILIPPINES!!! SOOOO MUCHO!!!

enough with the bickering mga kabayan and let's just focus on the topic.

i think it's about time na marealize ng bawat isa ang potential ng pilipinas to be the gaming capital of asia. noong panahon ni erap pa sana nag-umpisa kung di lang naharang ng mga moralista. maganda rin ang concept ng pagcor kasi sa project na ito di sila fully concentrated sa casino lang although di ako naniniwala na minimal lang ang casino component and more on wholesome entertainment basing on the projects that are currently under construction. lahat yata ng hotel na tinatayo may nakalagay na casino. :)

i don't think manila has the resources for that......we need a visionary manila leader for that....hindi si lim na durugista ang anak...tapos turo sa iba...:lol:

Does this mean the newly elected president will appoint another leader at Pagcor? I'd say let Mr. Efraim Genuino and Mr. Butch Francisco stay in their position, it's likely it will be back to square one with a new appointee.

Butch Francisco already has talks with people from Warner Bros. for the theme park and Efraim Genuino has already established talks with other investors...they are both in momentum already.

PAGCOR Hosts Asia’s GEM
By GGB Staff Wed, Apr 29, 2009

Trade show includes meeting of Euro-Asian Cooperation on Gaming
Asia’s GEM Gaming Tourism and Investments Congress was held last month in Manila. Highlighted by a conference and trade show, Asia’s GEM is used by the Philippine Amusement and Gaming Corporation (PAGCOR) as a way to promote tourism in the country.

As with the previous two years, much attention at Asia’s GEM was paid to PAGCOR’s Entertainment City, which is a 40-hectare plot of land on the shores of Manila Harbor that will host four integrated resorts. With three of the projects already spoken for, questions about progress at the site had been raised.
PAGCOR President and COO Rafael “Butch” Francisco wanted to allay those fears. During a panel discussion on gaming in the Philippines, three representatives of the bidders appeared to commit once again to the project. Alliance Global Group, Inc. President Kingson Sian, Aruze Manila President Mikio Tanji and SM Hotel Corporation President Merrill F. Yu all agreed the project will go forward.

A quick glance at the land, however, demonstrates that Francisco’s prediction of an opening of the first phase of the project may be too ambitious. While he says a 2010 opening will occur, little has been accomplished beyond some preparation of the land.
And with a Philippine presidential election slated for May 2010, it seems unlikely that much will happen between now and then. A new president means new leadership at PAGCOR, since both Francisco and Chairman Efriam Genuino are political appointees serving at the whim of the president.
Genuino told the Philippine Star that construction will begin in the second quarter of this year and will create 200,000 jobs. Each developer is required to invest at least $1 billion in its facilities.

He said gaming would be just a small part of Entertainment City.
“Only 3 percent of the entire investments are geared toward gaming; the majority are tourist attractions,” says Genuino.
PAGCOR has pitched all the major gaming companies to take part in Entertainment City, including Wynn Resorts, Harrah’s Entertainment, MGM Mirage, Crown Casinos and others. While some are intrigued, none made a commitment.
At this year’s Asia’s GEM, Harrah’s President of Asia Michael Chen continued the discussions and said the development satisfied most of the points Harrah’s considers when weighing developments worldwide.
The conference also hosted the fourth annual meeting of the Euro-Asian Cooperation on Gaming. The group is designed to promote the gaming industry in Europe and Asia.

http://ggbmagazine.com/issue/vol__8_no__5__may_2009/article/pagcor_hosts_asia___s_gem_

Does this mean the newly elected president will appoint another leader at Pagcor? I'd say let Mr. Efraim Genuino and Mr. Butch Francisco stay in their position, it's likely it will be back to square one with a new appointee.

Butch Francisco already has talks with people from Warner Bros. for the theme park and Efraim Genuino has already established talks with other investors...they are both in momentum already.

i hope Mr Genuino retains his position he's doing great in Pagcor. minus nga lang yun BIDA partylist nya :lol:

Yes, In MY OPINION, the Catholic Church is also somewhat holding the Philippines from advancing and they should stop it. I'm not a Catholic but I've learned about their beliefs to follow Jesus to live a life of simplicity. I'm not saying it's wrong but think about it. These businesses might just be another opportunity to solve our problem of poverty.

youre very very right... Im with you here...

Buti sana kung papakainin ng simbahan ang lahat ng taong walang trabaho- Araw-araw... Mukhang malabo ata yun.

THIS IS MY OPINION FOLKS...

I passed by at the site yesterday heading towards cavite at Macapagal boulevard, on my right side the roads are paved , a crane far ahead can be seen, May 3, 2010

http://209.85.12.232/13801/110/upload/p3028247.jpg

shot below taken at the Pacific Drive of SM Mall of Asia after passing the Shrine of Jesus church May 3, 2010

http://209.85.12.232/13801/110/upload/p3028249.jpg

Roilo Golez asks why PAGCOR's Entertainment City Called Manila instead of Paranaque 11 Nov 2009

FJ9tI8A0eho

E-City Manila is a brand and doesn't need to be affiliated with the actual city that its in. Just like in the PBA, San Miguel Beermen doesn't play at the company's head office...their games will be hosted in arenas such as Araneta but does that mean you have to call them Quezon City Beermen? Paranaque is still part of Metro Manila and people (foreign and non-foreign) usually refer to Metro Manila as just Manila anyways.

^^^^

wag nyo na pansinin yang si golez kasi epal yan. magaling lang yan sa salita at pa-picture pero wala yan wenta. basta go, go, go e-city manila. :banana::banana::banana:

Roilo Golez asks why PAGCOR's Entertainment City Called Manila instead of Paranaque 11 Nov 2009

FJ9tI8A0eho

kaya pala tayo di umuunlad ganito mga congressman natin puro crab mentality inggitan sa naming at location.

kaya pala tayo di umuunlad ganito mga congressman natin puro crab mentality inggitan sa naming at location.

CORRECT ka dyan....

"Imagine a pot of live crabs being cooked in boiling water. Fighting for survival, all of them would surely try to escape. One crab could no doubt climb its way out of the pot. But this is not easy, because the other crabs beneath him would not let him escape. They will pull him down, thinking “If I can’t escape here, then you cannot too.” A few minutes later, all of them will be dead.

Such is the curse of the crab mentality."


I'm just curious in what way did the Congressman show Crab mentality?
He did not say NO or STOP the project. It seems he likes the project som much that he wants to make sure his city gets some recognition. You may not agree with the point he is bringing up but he does have a point or a valid argument.

He is a congressman of Paranaque. I don't blame him to try bring some prestige to Paranaque City.
I prefer Entertainment City Manila over Entertainment City Paranaque because it has more pop to it.

People just like to use such words like "Crab mentality" without really realizing how they are using the phrase.

I can see the congressman's point..

but E-city Manila is not a local project. It's an International project hosted by a national government agency. It's interest is not just for Paranaque city alone, but for the whole Metro Manila. Naming it to Paranaque would only benefit Paranaque, while the real vision is to promote entire Metro Manila(of course Paranaque included) as a tourist attraction.

but E-city Manila is not a local project. It's an International project hosted by a national government agency. It's interest is not just for Paranaque city alone, but for the whole Metro Manila. Naming it to Paranaque would only benefit Paranaque, while the real vision is to promote entire Metro Manila(of course Paranaque included) as a tourist attraction.

I Agree.
Entertainment City Manila is better.

But the "Crab Mentality" crap is BS :bash:

hayaan nyo na yang si golez....kinain na yan ng sistema...

eh teka.. naglaan ba si GOLEZ ng budget para sa e-city at nagdedemand cia ng ganyan? may naitulong ba cia?

^^^^

wala. :lol:

^^ Exactly.. so he should just shut up! LOL :D hehe

whatever it is.. let's just hope for the best for philippines! hope lang magawa ko... i can't do anything for philippines. hayss.. :)

with Noynoy as president, and Binay as vice-president. And with another Binay winning in Makati against the son of Genuino of Pagcor. Looks like this project may face some headwinds.

majority speaks, it reflects the state of mind of the majority...kaya basta meron kang sikat na parents na simbolo ng democracy at sikat na sister na artista magiging presidente ka ! kung gusto mo maging senator huwag ka na mag college, mag artista ka na lang. Yet still I hope there will be hope for our dear Philippines, no choice but hope for a brighter future

sana matuloy pa rin po itong project na to. gaano po ba kalaki ang posibilidad na hindi ito matuloy considering the winners of the election?

well.. sigurado nang go ito.. dahil nakapaglagak na ng investment na yung mga investor.. kaya worry not...

I really dont believe that this mega project will push thru in the light of the election results. Sabi ni noy dati na, he will review and possibly reverse all projs entered into by the gma admin. And with binay as vp, knowing how corrupt the guy is, he will milk whoever investor would want to come in. Im so sorry for being negative but i tink this is the way its goin to go now.

RIP for this Mega Project. Ito naman talaga gusto ng ABS-CBN mangyari based sa mga teleseryes nila :nuts:

I really dont believe that this mega project will push thru in the light of the election results. Sabi ni noy dati na, he will review and possibly reverse all projs entered into by the gma admin. And with binay as vp, knowing how corrupt the guy is, he will milk whoever investor would want to come in. Im so sorry for being negative but i tink this is the way its goin to go now.

i think he was referring to midnight deals... ten thousand years na itong project??

cguro nman magpupush thru ito. sabi nman ni binay d ba gagwin niya ang ginawa nyang pagpapaunlad sa makati? at isa pa, hindi nman dinaan sa masamang paraan ang BNP. dumaan n rin ito sa PEZA.

noynoy said he will cancel foreign investments because it came from corruption. including pagcor city.

some people wonder why the hell they lost their jobs or their future, without realizing they lost it during elections.

noynoy said he will cancel foreign investments because it came from corruption. including pagcor city.

some people wonder why the hell they lost their jobs or their future, without realizing they lost it during elections.

Agreed. :ohno:

noynoy said he will cancel foreign investments because it came from corruption. including pagcor city.

some people wonder why the hell they lost their jobs or their future, without realizing they lost it during elections.

could you post a link that noynoy said that? nakakapangamba kasi eh.

did Noy really said that???

my my my... where are we heading to... haaayyy

Foreign investments came from corruption? How dare President-elect Noynoy say that! Doesn't he realized that foreign investments are the ones pumping up our economy? If it weren't for those foreign investors, our economy would be in recession. Just my two cents.

noynoy said he will cancel foreign investments because it came from corruption. including pagcor city.

some people wonder why the hell they lost their jobs or their future, without realizing they lost it during elections.

How exactly do foreign investments come from corruption? That is a very broad statement to make.

^^ I'll believe everything if there's a link about foreign investments that came from corruption, so far it's still hearsay

noynoy said he will cancel foreign investments because it came from corruption. including pagcor city.

some people wonder why the hell they lost their jobs or their future, without realizing they lost it during elections.

funniest post! :lol:

kindly do a further research.

nye! anong connect ng ABS-CBN sa PEC? ang layo naman ng narating ng mga assumptions mo. :lol: besides, di naman ata sure na di ito itutuloy ni Noy, hula ko nga, pagka nalaman ni Kris na magkakaron ng amusement park dito, baka siya pa mismo ang kumumbinsi kay Noynoy na ituloy ito, para kay baby james. :lol: di ba? hahaha


RIP for this Mega Project. Ito naman talaga gusto ng ABS-CBN mangyari based sa mga teleseryes nila :nuts:

It is really stupid for someone to stop a project that would provide jobs and bring in more investments to the country. Hope he is smart enough to understand that foreign capital is needed to make the Philippines more progressive.

OT: I voted for Gordon. Since nanalo si Noynoy, I'll give my full support on him. Ayoko syang i-judge agad kasi di pa naman sya nakakaupo eh... At lalong lalo ng walang karapatang magreklamo ung mga hindi bumuto...

Inde lahat ng sinasabi during campaign season eh totoo...

This will be project will be shelve for life

LP is pro business... I hope ituloy ito.

many forumers here seem to be watching too many teleseryes.

nye! anong connect ng ABS-CBN sa PEC? ang layo naman ng narating ng mga assumptions mo. :lol: besides, di naman ata sure na di ito itutuloy ni Noy, hula ko nga, pagka nalaman ni Kris na magkakaron ng amusement park dito, baka siya pa mismo ang kumumbinsi kay Noynoy na ituloy ito, para kay baby james. :lol: di ba? hahaha

ABS are obviously maka-Noynoy.

It is really stupid for someone to stop a project that would provide jobs and bring in more investments to the country. Hope he is smart enough to understand that foreign capital is needed to make the Philippines more progressive.

Totally! Does Manila want to become a world class destination or not? This project has the makings of a major success!

Aquino vows to go after Arroyo
by Christine F. Herrera - Manila Standard Today May 12, 2010

SENATOR Benigno Aquino III, who headed for a landslide victory in this week’s presidential election, on Tuesday, renewed a campaign vow to go after President Arroyo and her cronies for any corrupt acts in office.

“I will not only not steal, but I’ll have the corrupt arrested,” Aquino, 50, told a news conference in his first comments since Monday’s polls.

“We want to correct all the flawed economic policies of this administration, policies that resulted in the ballooning of the budget deficit and made the people wallow in poverty,” Aquino said in an interview with the Manila Standard.

“We will make those responsible for the injustices and graft and corruption pay for their crimes. We will prosecute those that will be found liable for these injustices.”

Aquino campaigned on a strong anti-graft platform, promising to start prosecuting corrupt officials within weeks of his presidency and restoring integrity to Congress and the judiciary.

In his first 100 days, Aquino said, he would create a commission that will review all of Mrs. Arroyo’s projects, especially those that had been tainted with graft.

To save money, Aquino said, he would avoid foreign trips, trim the Cabinet, and impose “zero-budgeting” in which agencies would have to propose and defend their budgets from scratch.

Aquino also said he intended to increase tax collection to 15 percent of the gross domestic product from 13 percent “practically instantly,” and by targeting tax evaders, raising funds to plough into job creation, education and health care. He planned to raise judges’ salaries and improve the implementation of a law that rewards or punishes tax officials based on their ability to meet collection targets.

In a bid to fight poverty, Aquino said he was declaring an “all-out war” to rid the government of graft and corruption that he said his predecessor had aggravated.

“I believe the people have chosen which path to take. They picked the straight path and rejected the old path,” Aquino said, referring to his campaign promise to lead the country to the right path to progress.

Former Education Secretary Florencio Abad, Aquino’s closest political lieutenant, said he would not be able to rest on his family name.

“This means he really has to deal with the problem of corruption and deal with the people identified with nine years of corruption,” he said.

Aquino vowed to upset Mrs. Arroyo’s plans to become Speaker of the House because her agenda was different from his aim to fight corruption.

He also scoffed at the suggestion that President Arroyo had the numbers to get elected as Speaker.

“I doubt when she is no longer in Malacañang that she would still find the people there still as her allies,” Aquino said. “I expect people to join me. Our recruitment is continuous.”

To preempt any attempt to amend the Constitution to make Mrs. Arroyo a powerful prime minister, Aquino said, he would create another commission to study if the constitutional changes were needed and which economic provisions might have to be revised.

Aquino balked at the proposal to shift the system of government from bicameral presidential to unicameral parliamentary, emphasizing the need for checks and balances.

Even as Aquino spoke, Mrs. Arroyo looked set to win a seat in the House of Representatives in the Second District of Pampanga, a post held by her eldest son, Rep. Juan Miguel Arroyo, who chose to continue his stint in Congress through the party-list system.

On Tuesday, President Arroyo formed a 12-man presidential transition team to cooperate with the incoming administration.

“We must now turn our sights on preparing for a new President, a new Congress, and a new set of local government officials,” Mrs. Arroyo said.

Executive Secretary Leandro Mendoza was named to lead the transition team. With Joyce Pangco Pañares, AP, Bloomberg


----->maxado ata xang magiging busy kay GMA...? sana man lang maraming mega projects ang dumating sa loob ng 6 years...

pag hindi natuloy itong project na toh dahil sa kanya...
sorry, pero sana machugi na rin sana siya kasama ng mga magulang nya.,. hehehe

here's another article related from the one above...

Factbox: Philippines' Aquino's policy plans
MANILA
Tue May 11, 2010 12:36am EDT

MANILA (Reuters) - Senator Benigno "Noynoy" Aquino III is set for a strong victory in the Philippines' presidential election, and now faces the daunting task of reinvigorating the economy and tackling the country's parlous fiscal position.

A first-time senator, Aquino, armed with an economics degree from the Jesuit-run Ateneo de Manila University but with very little administrative experience, ran on an investor-friendly platform of honest and transparent government, with a focus on raising educational standards and improving tax collection.

Below are some of the policy pronouncements Aquino, son of democracy icon Corazon "Cory" Aquino, had made during his campaign to succeed President Gloria Macapagal Arroyo, based on Reuters' stories and information on his Web site:

-- Target tax evaders and big smugglers, aiming to collect 150 billion pesos ($3.3 billion) and raise the tax efficiency rate -- a key measurement of tax collection -- by 2 percentage points from around 13 percent currently.

-- Strengthen an existing carrot-and-stick mechanism at the two main tax agencies to raise perennially weak revenues, and push for higher salaries to cut down on corruption.

-- May consider raising taxes if it was clear the budget shortfall was unlikely to be cut quickly by anti-evasion and anti-smuggling measures.

-- Streamline fiscal incentives offered to investors, such as tax holidays, to bring in more revenues.

-- Impose a "zero budgeting" measure, in which all major ticket items under the 1.54-trillion-pesos 2010 budget will be re-examined, aiming to get back some of the 280 billion pesos lost to corruption in 2009.

-- Reduce red tape and simplify procedures in doing business.

-- Improve transportation and housing infrastructure, invest in early childhood education, and achieve 100 percent health care protection in three years or less from 38 percent now.

-- Promote industries with the greatest potential for growth and where the Philippines has a competitive advantage, such as agribusiness, business process outsourcing, creative industries, infrastructure, manufacturing and logistics, socially responsible mining, and tourism and retirement.

-- Form a group to review possible changes to economic provisions in the constitution, one of the most important legacies of Aquino's mother during her term in office from 1986 to 1992, in his first 100 days as president.

There are some strongly nationalist economic provisions in the constitution, including restrictions on foreign investment in some sectors and on foreigners owning land.

-- Require department secretaries, heads of agencies, and senior officials to have their statement of assets, liabilities and net worth (SALN) available and accessible to the public.

-- Strengthen the Justice Department and the Office of the Ombudsman. Implement fully the Prosecution Service Act to strengthen the national prosecution service, attract qualified lawyers, and institutionalize a more effective witness protection program.

-- Upgrade the army and increase defense spending to 2 percent of GDP, or more than 100 billion pesos, from 1 percent or 57 billion pesos now, the lowest among the six major Southeast Asian states. He has also vowed to end corruption in military procurement and dismantle private armies.

-- Review the security treaty with the United States and pursue peace talks with Maoist-led rebels and Muslim separatists.

(Reporting by Rosemarie Francisco; Editing by John Mair & Kazunori Takada)

http://www.reuters.com/article/idUSTRE64A0HC20100511

There are some strongly nationalist economic provisions in the constitution, including restrictions on foreign investment in some sectors and on foreigners owning land.

uhhhmmmm... :uh:

Sorry!! I stand corrected.

:lol: hey guys, think positive. I'll share your sentiments if revisions by Aquino are directed toward Pagcor E-City Manila.

So far, the Pagcor E-city development are still on-going :cheers:

--Form a group to review possible changes to economic provisions in the constitution, one of the most important legacies of Aquino's mother during her term in office from 1986 to 1992, in his first 100 days as president.

There are some strongly nationalist economic provisions in the constitution, including restrictions on foreign investment in some sectors and on foreigners owning land.




For what I understand, the policy is "Form a group to review possible changes to economic provisions in the constitution." And one of that constitutional provision is "restrictions on foreign investment in some sectors and on foreigners owning land"

:cheers:

ABS are obviously maka-Noynoy.

Maybe ABS stands for Aquino Broadcasting System :lol:

THIS IS IT!!!!!!!!!!!!!! CLOSE THE THREAD. :bash:

I dunno but the way i read it is that, he wants the constitution re-examined and changed(?) the following provision disallowing foreigners to get into certain type of business and owning land. I take his policy statement quite positively, Dont get me wrong, i voted for gibo in the last election but im willing to give aquino a chance perhaps a year hehehe

Besides its goin to be very messy and could lose international investor confidence if he shud just junk this project. Remember the major investors of the mega project has already advance their money to pagcor and most of them perhaps are already deep into the planning and designing stage. Malaki na ren nagastos nila.

I dunno but the way i read it is that, he wants the constitution re-examined and changed(?) the following provision disallowing foreigners to get into certain type of business and owning land. I take his policy statement quite positively, Dont get me wrong, i voted for gibo in the last election but im willing to give aquino a chance perhaps a year hehehe

In fact, why worry? There was no violation. PAGCOR still controls the Entertainment city and the government still owns the land.

Please lang sa mga galit sa nangyari sa elections, don't be sore losers.

I accepted the defeat of Villar but it does not mean that I abhor the Philippines because my bet lost in the elections.

To Narnian King: Since you are based outside the country, don't bring your negativity here in the country. The mood here is POSITIVE.

if only we could see the future... :fiddle:

THIS IS IT!!!!!!!!!!!!!! CLOSE THE THREAD. :bash:

ano ba mali pagkakaintindi mo. sabi dun eh pagaaral ang constitution kasama doon ang hindi pag payag na makapagmayari ang mga dayuhan ng lupa sa atin. por-business nga yung proposal nya for our constitutional change. positive ito though apprehensive ako na magkaron ng karapatan ang mga dayuhan na mag mayari ng lupa dito.

i think pinoys are paranoid.

I don't know... South Korea made similar reforms against corruption a few years back.. and look what that brought them.

^^K-Pop?

It is sad. It seems that people here start with the premise that the Bagong Nayong Pilipino project has run afoul of our laws, and that since Aquino wants to clean this country, that would endanger the existence of said project, and since this project is endangered in Aquino's term, people would rather not have him as president. That is just TOO SHALLOW a reason.

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-- Form a group to review possible changes to economic provisions in the constitution, one of the most important legacies of Aquino's mother during her term in office from 1986 to 1992, in his first 100 days as president.

There are some strongly nationalist economic provisions in the constitution, including restrictions on foreign investment in some sectors and on foreigners owning land.


There is no negative with the statement on constructing Bagong Nayong Pilipino. It is clearly stated by our fellow forumers swissfrank and manila_eye:

For what I understand, the policy is "Form a group to review possible changes to economic provisions in the constitution." And one of that constitutional provision is "restrictions on foreign investment in some sectors and on foreigners owning land"

ano ba mali pagkakaintindi mo. sabi dun eh pagaaral ang constitution kasama doon ang hindi pag payag na makapagmayari ang mga dayuhan ng lupa sa atin. por-business nga yung proposal nya for our constitutional change. positive ito though apprehensive ako na magkaron ng karapatan ang mga dayuhan na mag mayari ng lupa dito.


Local, foreign investors prefer Aquino, Teodoro

By Doris Dumlao
Philippine Daily Inquirer
First Posted 06:47:00 04/15/2010

Filed Under: Economy and Business and Finance, Eleksyon 2010, Elections, Politics, Inquirer Politics

MANILA, Philippines—Senator Benigno Aquino III remains the choice of local and foreign investors as the presidential candidate who can best promote a stable investment climate, according to the latest investor survey of Dutch financial giant ING Bank.

But sentiment for Aquino’s cousin, administration candidate Gilbert Teodoro, is sharply gaining, according to the 1st Quarter 2010 ING Investor Dashboard Survey, released Wednesday.

Based on the results of the survey, the top three presidential candidates that are seen to be most acceptable to investors are: Aquino (37 percent), Teodoro (28 percent) and Sen. Manuel Villar (23 percent).

Aquino maintained his 37-percent preference share from the previous ING survey conducted in the fourth quarter of 2009.

However, Teodoro showed a sharp increase in investor preference in the latest survey, up from 17 percent in the previous quarter.

Conversely, Villar, the self-made billionaire who built a fortune from property development, dropped 7 points from the 30 percent he registered in the previous survey.

Prioritize economy

Based on the survey results, Filipino investors want the next president to prioritize economic policies, and those policies that promote education and trade relations.

The survey also showed that 40 percent of investors in the Philippines, both domestic and foreign, expect the May elections to positively impact the economy and their investment portfolios.

However, the same proportion of investors (40 percent) are not sure whether the effect of the elections will be positive or negative, a slight increase from 33 percent in the previous survey. This was attributed to the closely fought 2010 presidential race and the varying economic policies of the candidates.

When asked what policy programs the next president should prioritize in order to improve the investment climate in the Philippines, the investors’ top three choices were: The economy (79 percent), education (54 percent) and trade relations (48 percent).

The latest quarterly ING survey showed the Philippine index remaining on the “optimistic” zone for the third consecutive quarter, climbing to 139 in the first quarter of 2010 from 134 in the fourth quarter of 2009.

The Philippine index has been moving up since bottoming at 89 when the global financial crisis hit in the first quarter 2009.

http://newsinfo.inquirer.net/breakingnews/nation/view/20100415-264378/Local-foreign-investors-prefer-Aquino-Teodoro


Aquino is Top Choice of Investors; Confidence in Manny Villar Falls

Liberal Party standard-bearer Senator Noynoy Aquino III is the top choice of foreign investors in a poll conducted last month by the international independent research firm, The Nielsen Company for the Dutch multinational financial institution ING.

According to reports published Thursday, Aquino got an approval rating of 37 percent while confidence in billionaire realtor-politician, NP bet Manny Villar, dropped to 23 percent. Lakas-Kampi candidate Gilbert Teodoro, on the other hand, took second place at 28 percent.

The ING said that the quarterly poll showed that investors want the incoming president to prioritize policy programs on economy, education and trade relations.

It also noted a five-percentage-point gain on investor confidence in the Philippines for the first quarter (Q1) of 2010 despite fears of a failure of elections on May 10.

The release of the survey follows statements made by Albay Governor Joey Salce-da, who has declared his support for the LP bet, that an "Aquino presidency would have the highest statistical probability of triggering a significant increase in the investment rate from the current 15 percent." Salceda, as the administration’s economic guru, also said the expected rise in investments would create "an additional 642,000 jobs on top of the organic capacity of the economy for jobs creation."

The survey was based on an online poll of 3,729 mass affluent investors in 12 countries including China, Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Japan and Australia.

The ING said the respondents are aged 30 years and above, and have disposable assets or investments of US$100,000 and above, with the exception of Indonesia (disposable assets or investments of US$60,000 and above) and the Philippines (disposable assets or investments of US$60,000 or monthly income of Php200, 000 and above)."*
http://www.ndb-online.com/apr1710/negros-local-news/Aquino-is-Top-Choice-of+Investors


........and why foreign investors prefer Aquino? think again folks. :nuts:

^^Kaya gusto ng mga foreign investors si Noynoy ay siya lamang ang parang walang utak/alam sa pagpapatayo ng negosyo. Siyempre, gusto ng mga investors na ito na lokohin si Noynoy. Alam ninyo na iyon: red tape, bribery, etc. Kaya ayun, si Noynoy ang gusto nila para mapa-ikot siya ng mga ito.:lol:

Well, opinion ko lang ito.:D

Don't worry guys there's no stepping back as of today Travellers looking for on site office at BNP site... tuloy na tuloy ang project....:cheers:

^^Kaya gusto ng mga foreign investors si Noynoy ay siya lamang ang parang walang utak/alam sa pagpapatayo ng negosyo. Siyempre, gusto ng mga investors na ito na lokohin si Noynoy. Alam ninyo na iyon: red tape, bribery, etc. Kaya ayun, si Noynoy ang gusto nila para mapa-ikot siya ng mga ito.:lol:

Well, opinion ko lang ito.:D

that proves BNP will rise:cheers:

yehey! that's good to hear! hooray! :cheers:

di ako maka-noynoy pero masyado yatang minamaliit ang pag-iisip ng susunod na pangulo. remember, graduate sya ng economics sa ateneo. ekonomista si noynoy so alam nya naman siguro kung ano ang dapat gawin sa mga project na kasing laki ng bnp e-city.

relax lang kayo. matibay ang pundasyon ng project na ito kasi malaki ang partisipasyon ng mga private entities dito tulad ng sm. :cheers:

http://i563.photobucket.com/albums/ss77/newgabskii/movieworld.jpg

Source (http://www.rwmanila.com/press_release/rwbayshore.pdf)

^^is that an official poster or just fan made? the link wont work :D

2015? ang tagal!

http://i563.photobucket.com/albums/ss77/newgabskii/movieworld.jpg

Source (http://www.rwmanila.com/press_release/rwbayshore.pdf)

^^Ya link doesn't work....tell us more about this!! :D

http://i563.photobucket.com/albums/ss77/newgabskii/movieworld.jpg

Source (http://www.rwmanila.com/press_release/rwbayshore.pdf)

I'll believe it when I see the working link, so far I still conclude that the poster above was just made by a fan

http://www.inquirer.net/propertyguide/buildingblocks/view.php?db=1&article=20100516-270416&pageID=1

RP’s ‘largest’ casino to open in ’11
May 16, 2010 22:30:00
Daxim Lucas
Philippine Daily Inquirer

MANILA, Philippines—Leisure estate firm Belle Corp. will launch its first major foray into the gaming industry with the expected opening of the country’s largest casino by late next year.

The casino complex that will rise near the SM Mall of Asia in Pasay City will cost the Henry Sy-controlled firm about P9 billion, excluding the cost of the land and the gaming franchise, according to Belle executive vice president and chief financial officer Manuel A. Gana.

The casino itself will have a floor area of between 1.5 and two hectares spread over two floors.

“If it were finished today, and if it were done at two hectares, I think it will be bigger than what Resorts World has right now,” Gana said.

Belle formalized its entry into the gaming industry last year with its acquisition from SM Commercial Properties Inc. of Premium Leisure and Amusement Inc. (PLAI), the firm which holds a franchise from the Philippine Amusement and Gaming Corp. for the operation of a casino complex in the Manila Bay area.

The Belle official said the gaming franchise was owned by PLAI which was acquired by the firm from SM in exchange for 2.7 billion Belle shares.

“Whoever has PLAI has the franchise,” he said. “Under law, you cannot transfer a franchise, but you can sell the corporation that has the franchise.”

PLAI’s casino franchise is meant to be part of a 120-hectare leisure complex known as the Bagong Nayong Pilipino Entertainment City being put up by the state-run gaming regulator.

Belle’s gaming operation will come online in three phases over a five-year period. Present plans call for the construction of a four-tower complex with eight stories each—a level limited by height restrictions imposed by aviation authorities, since the facility is located near aircraft flight paths around the Ninoy Aquino International Airport.

The first phase, which will include the casino and some VIP suites, will cost P4.5 billion, excluding the cost of land and the gaming franchise.

“When we open it [in late 2011], we probably won’t have all the retail [establishments] in, we won’t have all the hotels in yet,” Gana said. “Those will come later.”

Previous reports have identified US-based Harrah’s Entertainment Inc.—the world’s largest provider of branded casino entertainment—as Belle’s partner for the venture, although company officials were tightlipped about the deal’s finer points during last Friday’s stockholders’ meeting.

Belle’s main partner for the project is listed firm Leisure Resorts World Corp., which has yet to sign formal agreements with potential foreign casino operators, he said.

“We’re not going to operate [the casino] ourselves,” Gana said. “We have the franchise, we have the land, and we will be putting up part of the structure.”

Belle’s gaming operation will come online in three phases over a five-year period. Present plans call for the construction of a four-tower complex with eight stories each—a level limited by height restrictions imposed by aviation authorities, since the facility is located near aircraft flight paths around the Ninoy Aquino International Airport.


I got mixed feelings on this.

I am glad the Belle Corp casino will push through. Belle Corp. is setting an example on following the height restrictions imposed by the CAAP (Civil Aviation Authority of the Philippines) which only means other investors at Pagcor E-city should also be following the regulation of the CAAP thus I am saddened by the fact that Pagcor Tower and the Manila Eye is in doubt on pushing through :ohno:

http://i563.photobucket.com/albums/ss77/newgabskii/movieworld.jpg

Source (http://www.rwmanila.com/press_release/rwbayshore.pdf)

its just a hoax. just made it to break the pessimism... :bash: :lol::lol::lol:

How exactly do foreign investments come from corruption? That is a very broad statement to make.

akala nya part ng midnight deal. but aquino wont tarnish their family name, and he is a good person. he wont do anything stupid, one way or another someone will advise him if may mali siyang gagawin. wag lang kumontra ang simbahan.

i cant disclose anything because i work for a construction company and it will be '"conflict of interest" or breaking our code of "confidentiality" but one of our clients na granted with a license was so taranta days prior to elections, even during the election day kasi mananalo si noynoy and hindi pa tapos yun documentations and plans. they made us work over the weekend and even nun election :)

akala nya part ng midnight deal. but aquino wont tarnish their family name, and he is a good person. he wont do anything stupid, one way or another someone will advise him if may mali siyang gagawin. wag lang kumontra ang simbahan.

i cant disclose anything because i work for a construction company and it will be '"conflict of interest" or breaking our code of "confidentiality" but one of our clients na granted with a license was so taranta days prior to elections, even during the election day kasi mananalo si noynoy and hindi pa tapos yun documentations and plans. they made us work over the weekend and even nun election :)

yeah right....

ang proyektong ito ay matagal ng plinano. Maraming hakbang ang pinagdaanan bago tuluyang nabigyan ng go signal at maumpisahan. Hindi naman siguro ganun kadali na basta na lang itigil. Ako ay naniniwala na magpapatuloy ang bnp e-city. Sana magdilang -anghel ako. :cheers:

sana nga matuloy ito saka na rin ang northrail project... napakalaking tulong nito sa economy ng bansa..di ba??:D

Dell bullish on RP, plans to put up local subsidiary
Source: http://business.inquirer.net/money/topstories/view/20100521-271316/Dell-bullish-on-RP-plans-to-put-up-local-subsidiary

By Abigail L. Ho
Philippine Daily Inquirer
First Posted 20:09:00 05/21/2010

Filed Under: Company Information, Technology (general), Economy and Business and Finance


AMERICAN TECHNOLOGY GIant Dell Inc. sees enough growth in the Philippines to set up a full-fledged subsidiary, but has yet to decide when it will execute this plan.

In a teleconference Friday, Dell president for consumer, small and medium business Steve Felice said the country had been registering “healthy and solid growth” over the past quarters.

“The Philippines continues to be an area with high future growth potential. It’s the base of operations of many of our call centers. It’s a pretty important market for us,” he told Asia-Pacific journalists participating in the call.

“We have actually seen enough growth [in the Philippines] for us to have a formal entity there, but I can’t comment on the time frame,” he added.

Dell operates in the Philippines through a representative office, not a full-fledged subsidiary. Its business is being conducted largely through local channel partners and resellers.

While it has yet to decide on the fate of its Philippine operations, Felice said Dell would continue strengthening its presence here, particularly in the enterprise space.

“Enterprise will be our highest priority, with an emphasis on server and storage products. We’ll also enter the consumer market through channel partners and resellers,” he said.

Prospects for Asia Pacific, in general, were good, he said. Moving forward, the region is expected to continue treading a growth path.

“The prospects for long-term sustained growth are still there. We’re not even concerned about foreign exchange fluctuations since we do have good hedging strategies,” he related.

Dell’s Asia Pacific-plus-Japan operations registered revenues of $2.7 billion in the first quarter of its fiscal year ended April 30, 33-percent higher than in the same period last year.

Performance during the quarter was “really well balanced,” with all markets in Asia registering growth, except for Japan, which remained stable year-on-year.

“[The region] will stand out in Dell’s overall performance in the first quarter,” he said.

The US computer giant posted overall revenues of $14.9 billion in the first quarter, up 21 percent from the same period last year.

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

If you have watched ANC months ago, one of the guests there mentioned that DELL plans to built their HQ near PAGCOR CITY.

And since PAGCOR CITY is located at ASEANA BUSINESS PARK, Im assuming DELL HQ will be built at the ASEANA IT PARK as seen in the ASEANA Business Park Masterplan below.

http://www.aseanabusinesspark.com/images/masterplan/aseana_existing2.jpg

Alliance Global income up 20% to P1.65 billion in first quarter (http://www.philstar.com/Article.aspx?articleId=577516&publicationSubCategoryId=66)
By Zinnia B. Dela Peña (The Philippine Star (http://www.philstar.com/Article.aspx?articleId=577516&publicationSubCategoryId=66)) Updated May 23, 2010 12:00 AM

MANILA, Philippines - Alliance Global Group Inc. (AGI), the listed holding firm of businessman Andrew Tan, reported a 20 percent growth in consolidated net income in the first quarter this year to P1.65 billion from P1.37 billion.

In a financial report submitted to the Philippine Stock Exchange, AGI said total revenues rose 19 percent from P8.86 billion to P10.50 billion. Property arm Megaworld Corp. accounted for 46 percent of total revenues compared to 43 percent from the consumer business, primarily through Emperador Distillers and Golden Arches Development Corp.

Emperador Distillers produces leading brandy labels Emperador and Generoso and, more recently, The Bar flavored alcoholic beverages while GADC is the master franchise holder of McDonald’s in the Philippines.

Earnings before interest, taxes, depreciation and amortization increased by 17.86 percent to P3.3 billion from P2.8 billion a year ago.

“Our first quarter results show AGI’s continued strength in the industries it operates in. We believe that we are reaping the benefits of the business decisions we made in the last couple of years,” said Kingson Sian, president of AGI.

In 2008, AGI, through Travellers International Hotel Group Inc. (a joint venture with Genting Hong Kong Ltd.), is building the country’s first 24x7 integrated tourism estate in Newport City called Resorts World Manila, across from Terminal 3 of the Ninoy Aquino International Airport, and Resorts World Bayshore City, to be located within the 90-hectare Bagong Nayong Pilipino Entertainment City Manila.

Genting Hong Kong is a member of the Malaysian conglomerate Genting Berhad, and is the world’s third largest cruise line operator.

Through Travellers International, AGI will invest
over $500 million to develop Resorts World Manila, which includes the 172 all-suite Maxims Hotel, the 342-room five-star Marriott Hotel and a budget hotel called Remington. The three hotels will have a total of about 1,300 rooms.

“While this is the first full quarter that we are reporting our share in the net profits in Resorts World Manila and, given that the facility is not yet fully complete, we are quite pleased by the early indication of the potential of the business. Nonetheless, we remain committed to building a truly world-class facility, one that can be considered a hallmark in Philippine tourism,” Sian pointed out.

Resorts World Manila also features a grand mall with a sky roof-covered piazza, world-class theater, gaming facility and other retail, leisure and entertainment facilities.

The entire project, when completed by 2011, will generate more than 10,000 direct and indirect jobs.

RP’s ‘largest’ casino to open in ’11
Belle’s project seen to cost P9B

By Daxim Lucas
Philippine Daily Inquirer
First Posted 22:30:00 05/16/2010

MANILA, Philippines—Leisure estate firm Belle Corp. will launch its first major foray into the gaming industry with the expected opening of the country’s largest casino by late next year.

The casino complex that will rise near the SM Mall of Asia in Pasay City will cost the Henry Sy-controlled firm about P9 billion, excluding the cost of the land and the gaming franchise, according to Belle executive vice president and chief financial officer Manuel A. Gana.

The casino itself will have a floor area of between 1.5 and two hectares spread over two floors.

“If it were finished today, and if it were done at two hectares, I think it will be bigger than what Resorts World has right now,” Gana said.

Belle formalized its entry into the gaming industry last year with its acquisition from SM Commercial Properties Inc. of Premium Leisure and Amusement Inc. (PLAI), the firm which holds a franchise from the Philippine Amusement and Gaming Corp. for the operation of a casino complex in the Manila Bay area.

The Belle official said the gaming franchise was owned by PLAI which was acquired by the firm from SM in exchange for 2.7 billion Belle shares.

“Whoever has PLAI has the franchise,” he said. “Under law, you cannot transfer a franchise, but you can sell the corporation that has the franchise.”

PLAI’s casino franchise is meant to be part of a 120-hectare leisure complex known as the Bagong Nayong Pilipino Entertainment City being put up by the state-run gaming regulator.

Belle’s gaming operation will come online in three phases over a five-year period. Present plans call for the construction of a four-tower complex with eight stories each—a level limited by height restrictions imposed by aviation authorities, since the facility is located near aircraft flight paths around the Ninoy Aquino International Airport.

The first phase, which will include the casino and some VIP suites, will cost P4.5 billion, excluding the cost of land and the gaming franchise.

“When we open it [in late 2011], we probably won’t have all the retail [establishments] in, we won’t have all the hotels in yet,” Gana said. “Those will come later.”

Previous reports have identified US-based Harrah’s Entertainment Inc.—the world’s largest provider of branded casino entertainment—as Belle’s partner for the venture, although company officials were tightlipped about the deal’s finer points during last Friday’s stockholders’ meeting.

Belle’s main partner for the project is listed firm Leisure Resorts World Corp., which has yet to sign formal agreements with potential foreign casino operators, he said.

“We’re not going to operate [the casino] ourselves,” Gana said. “We have the franchise, we have the land, and we will be putting up part of the structure.”

aww.... so this means 2011 pa??

I would like to quote from the issue what Efrem Genuino has stated. "On June 30, 2010, Universal Entertainment (formerly Aruze) will break ground at the Entertainment City and they will start construction immediately after."

Source: http://www.pagcor.ph/profiles/profile-2010/high-profile-issue-5-spring-2010.html

^^ sana nga umpisahan na nila.. lagi na lang nauudlot...:)

^^ atat na ang mga tao magsugal! haha

i'm not really excited about the casinos, i'm anxious about the tower.. to be the tallest in the world? :D

..and the wheel, the rides...and the tower:lol:

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

POSITIVE:cheers::cheers::cheers:

^^ atat na ang mga tao magsugal! haha

i'm not really excited about the casinos, i'm anxious about the tower.. to be the tallest in the world? :D

it's not about "atat" ang mga taong magsugal. If you have read my previous posts, they have an agreement that casinos SHOULD be built first just like what happened to RESORTS WORLD at Newport City. Of course, Pagcor NEEDS cash to flow in before anything else to make sure progress will be seen immediately.

^^ atat na ang mga tao magsugal! haha

i'm not really excited about the casinos, i'm anxious about the tower.. to be the tallest in the world? :D

nope.. it will be second tallest in the world.. Burj Khalifa is way too tall to compete with right now...

@highway2... I guess people here in the forum are very excited and anxious about the project.. but the rest of the people locally are not even aware of any development being done on that big parcel of land...

nope.. it will be second tallest in the world.. Burj Khalifa is way too tall to compete with right now...


Pagcor Tower will be the tallest "observation tower" in the world while Burj Khalifa is the tallest "building" in the world. Hope we get the difference between these structures.

I would like to quote from the issue what Efrem Genuino has stated. "On June 30, 2010, Universal Entertainment (formerly Aruze) will break ground at the Entertainment City and they will start construction immediately after."

Source: http://www.pagcor.ph/profiles/profile-2010/high-profile-issue-5-spring-2010.html
June 30? Correct me if I'm wrong, but isn't that the day Noynoid will take his oath as -- cough, cough -- President?

June 30? Correct me if I'm wrong, but isn't that the day Noynoid will take his oath as -- cough, cough -- President?

if that is true then its very good. The ground breaking ceremony would be low keyed bcoz people would be focusing on the innauguration therefore attracting less attention on the project and also less opposition. Very very good timing.

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

its a mixture of positive and negative. some clergy people opposed this because of the notion that gambling is a menace. others are optimistic because the employment opportunities it will bring. anyway, you can backcheck this thread to see that most of us agree that this will bring positive more than the negative effects...

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

It is very positive and the people are waiting for this huge project in the country that is expected to provide employment to an estimated 250,000 people.

Cheers.

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

very positive. Its not only a casino, it also has theme parks.

it's not about "atat" ang mga taong magsugal. If you have read my previous posts, they have an agreement that casinos SHOULD be built first just like what happened to RESORTS WORLD at Newport City. Of course, Pagcor NEEDS cash to flow in before anything else to make sure progress will be seen immediately.

i'm just joking! :D

Pagcor Tower will be the tallest "observation tower" in the world while Burj Khalifa is the tallest "building" in the world. Hope we get the difference between these structures.

that's what i meant :D

hey everyone,
I'm new on this forum, I'm from holland (Europe) and I am doing a school project about pagcor city. there is a lot of information about the project, but my biggest question is!: what do the local people think about this project? is it positive for them, or not? hopefully you can help me with your opinion! thank you very much!

not positive. negative. it should be built in cebu.

not positive. negative. it should be built in cebu.

TSK TSK TSK TSK TSK :nuts:

not positive. negative. it should be built in cebu.

malamang aalma ang cardinal pag nilipat sa cebu ang project... Tandang tanda ko pa nang nagreact ang simbahan nung SEA games... Eto pa na may kasino na. Hehehehe

not positive. negative. it should be built in cebu.

You're not contributing at all and seeing the BIG picture. Remember, these developments are in three phases - 1st - Manila, 2nd - Clark and 3rd - Cebu

not positive. negative. it should be built in cebu.

You certainly do NOT speak for the majority. Most of the people opposed to the project are conservatives and the clergy (as expected).

On the other hand, many parties view this project in a positive light due to generation of jobs, tourism, etc.

The pros more than outweigh the cons.

Saying it should be built in Cebu without any information to back your opinion is pure hogwash. Please be more constructive in your posts.

^^ relax, i'm kidding. it's a very positive project, regardless of where it's built.

(but i think somebody should save the pagcor tower. this early, it's already stuck up some people's **s.)

SOUR GRAPES!!! :lol:

PAGCOR tower should be built in Manila... Mas marami walang trabaho dun.

ndi nalang maging masaya na sa pilipinas sya itatayo... ndi talaga united as a country ang pilipinas..... nandun parin tayo sa regional way of thinking... haayyyy

PAGCOR tower should be built in Manila... Mas marami walang trabaho dun.

PAGCOR tower should be built. PERIOD. :lol:

;57654219']PAGCOR tower should be build. PERIOD. :lol:

And be renamed! Ang pangit pag PAGCOR TOWER eh...maybe change it to Manila Tower...

^^ Agree.. pero baka kumontra si GOLEZ.. sabihin nia.. "it should be Paranaque tower!"
LOL :D

^^ relax, i'm kidding. it's a very positive project, regardless of where it's built.
If this kind of "joke" is posted at the Cebu thread like SRP should be built in Manila or Mall of the Pacific should be built in Davao, that forumer is toast -- bugbog sarado sya d'on and may even be suspended or banned. :ohno:

not positive. negative. it should be built in cebu.
Tama nga si Pres. Ramos. Ang kumpetisyon ay hindi Manila vs. Cebu but Philippines vs. the world....:cheers:
Ay'g pataka nga anti-Cebu post ni, di ra ba.
Translation: This is not an anti-Cebu post.

Most of the people opposed to the project are conservatives and the clergy (as expected).

On the other hand, many parties view this project in a positive light due to generation of jobs, tourism, etc.

The pros more than outweigh the cons.



The irony is: PAGCOR makes substantial contributions/donations to the Catholic church, which is against gambling. During the ground breaking last year, there was a bishop or a priest who attended. :)

Greater majority of Filipinos support this project. That's a fact.

dp

dko alam kung san ipopost to eh.

Philippine Star March 28 edition (Property Review Section) featured the Top 10 busiest architectural firms in the country, it showed a Coin Office Building (looks like London Eye) by ASYAto be built in Pasay, Hilton @ Bay City Hotel (like the one in Dubai) by Jose Siao Ling and Associates and St. Regis by WV Coscolluela and Associates.

According to the article, all 10 projects are scheduled to start construction this year.

ndi nalang maging masaya na sa pilipinas sya itatayo... ndi talaga united as a country ang pilipinas..... nandun parin tayo sa regional way of thinking... haayyyy

dito sa Pilipinas masyado tayo regionalistic. Mas magaling si ano, si ano at si ano. kanya kanya tayong lugar.

Bakit hindi nalang kagaya pag nasa abroad tayo at nakakita ka ng Pilipino tapos tatanong mo..."ako taga Bicol, ikaw" " ay ako taga Pampanga ako".

tapos sasabihin... "uy kabayan"

o diba... tayo lahat naman Pilipino, kahit saan pa ang kaunlaran ang importante umuusad ang bansa natin. kahit sa cebu pa, sa manila, sa clark, sa davao.

IMO ko lang naman.... :)

The irony is: PAGCOR makes substantial contributions/donations to the Catholic church, which is against gambling. During the ground breaking last year, there was a bishop or a priest who attended. :)

Greater majority of Filipinos support this project. That's a fact.

^^ agree... not everybody in the Catholic Church are actually against this project... then again, E-City is not just about casinos...

http://img195.imageshack.us/img195/5051/pagcor5.jpg

Kasama rin ba sa project nila yung Expo 2020 Manila(biding process palang)....

"The proposed expo site would be set at the Nayong Pilipino (Philippine Village) leisure estate where a vast entertainment, cultural, and leisure part was initially planned to be developed. Located south of the CCP and SM Business Park districts, this area will essentially complete a triumvirate of developments in the whole reclamation project. Approximately covering an aggregate area of 200+ hectares, the site would be suited to sprawling type developments with generous provisions for green open spaces – exactly the kind of development that the expo2020 would need. With existing major road and utilities infrastructure already in place, not to mention being one of the best vantages to see the ever glorious sunset of Manila Bay - an apt environment for an exposition zeroing in on light, the site promises a relaxed, convenient, and spectacular setting to host one of humanity’s great gatherings in 2020."

cguro hindi kasama sa original proj. ang expo 2020, kasi as you have said, bid pa lang ang manila expo.btw gala boy, san mo nakuha ung info? ty

That Manila Expo 2020 bid proposal came from a fantasy bidding contest in the site GamesBids.com. Totally fictional although the site description was based loosely on existing site conditions and published developments in the site. Why I know? I know the guy who created the proposal for the contest but sadly he had to withdraw from the contest. Manila was up against Paris and Cape Town in that competition.

There is no official committee currently working on an official expo bid for Manila.

^^ thanks for the info! sayang hindi pla totoo ung bidding, btw you have great shots jongbasco uploaded in your multiply!

I do believe this is POSITIVE news that Mr. Efraim Genuino and Mr. Butch Francisco got re-elected for another 1 year term. Midnight appointment or Noontime appointment who cares ! Mr. Efraim Genuino and Mr. Butch Francisco already got the momentum to get Pagcor E-City going


Arroyo reappoints Genuino, 4 others in PAGCOR

abs-cbnNEWS.com
Posted at 05/29/2010 1:07 AM | Updated as of 05/29/2010 1:03 PM

MANILA, Philippines (UPDATED) - President Gloria Macapagal has re-appointed her close ally Philippine Amusement and Gaming Corporation (PAGCOR) Chairman Efraim Genuino as well as 4 members of its board of directors.

Genuino said he accepted his re-appointment, confirming a document obtained by ABS-CBN News that he had been re-appointed for another 1-year term.

Others who were re-appointed, based on the document from the Office of the Executive Secretary dated March 9, were Rafael Francisco, Philip Lo, Manuel C. Roxas and Ester Alano Laconico-Feria.

Genuino said the reappointment only proves PAGCOR is doing well under his leadership.

“Alam mo naman na naging napakaganda ang performance namin, halos more than double ang kita namin at wala kaming iskandalo,” said Genuino in a phone interview.

But for Citizens Battle Against Corruption (CIBAC) Rep. Joel Villanueva, the re-appointment made by President Arroyo is illegal.

Villanueva cited the constitutional provision banning midnight appointments by a sitting president 2 months before the presidential elections.

Section 15 of Article VII of the Constitution states: “Two months immediately before the next presidential elections and up to the end of his term, a President or Acting President shall not make appointments, except temporary appointments to executive positions when continued vacancies therein will prejudice public service or endanger public safety.”

A bill in Congress filed in 2007 proposing to extend the term of the PAGCOR chairman to 3 or more years was also not passed.

"Nakakalungkot na parang ang Pangulo natin ay parang balewala na sa kanya ang mag-appoint ng midnight appointments, parang ginawa niyang ordinary act of the president na kung sino ang ia-appoint sa iba't ibang posisyon like PCSCO at PAGCOR na alam natin na juicy positions iyan," said Villanueva.

Senator Francis Escudero also slammed President Arroyo’s re-appointment of Genuino.

“Intensyon ng Konstitusyon dapat merong malayang kamay ang sinumang magiging Pangulo kaugnay sa ilang sensitibong puwesto sa pamahalaan at GOCCs [government-owned and controlled corporations],” said Escudero,

Genuino, however, explained that President Arroyo merely complied with the law.

He cited Section 6 of the PAGCOR Charter which states that a director “shall serve for a term of one (1) year and until his successor shall have been duly appointed and qualified.”

He said the chairman and members of the PAGCOR Board of Directors have to be appointed every year so that the programs of the agency, which are 100% government-owned, can continue.

“Iyong ginawa ng Malacañang is part lamang ng compliance doon sa batas,” said Genuino.

Villanueva and Escudero said that the recent case of midnight appointments is frightening if it will be implemented.

They said that this is another way for President Arroyo, who won as representative of a Pampanga congressional district in the May 10 elections, to maintain power even after her presidential term by controlling important agencies such as PAGCOR.

Early this year, former National Treasurer Leonor Briones, had warned that the next president may not be able to take advantage of PAGCOR as much as President Arroyo has.

PAGCOR is the government's 3rd highest revenue generating unit.

"Traditionally, PAGCOR is the milking cow of all presidents. I would imagine if she (Arroyo) is not president anymore, her ally in PAGCOR will not agree to give the next president as much as she got. She will be in Congress. She can still assert her influence," Briones said.

PAGCOR is a big source of discretionary funds for the Office of the President. A big chunk of its revenues is directly remitted to the President's Social Fund.

Briones said previous presidents have used PAGCOR for good and bad projects.

PAGCOR also makes substantial contributions to the Catholic church in the Philippines, which is against gambling. -- Report from Apples Jalandoni , ABS-CBN News

http://www.abs-cbnnews.com/nation/05/28/10/arroyo-reappoints-genuino-4-others-pagcor

GUYS!! ATTENTION!! THESE PEOPLE ARE THE VERY ENEMIES OF OUR REPUBLIC, OF OUR WAY OF LIFE, OF OUR FREEDOM! NOW THEY ARE MAKING A MOVE TO DISCREDIT AND OVERALL STOP PAGCOR PROJECT! LET US RISE AND BE KNOWN TO THESE COMMUNIST ANARCHIST THAT WE THE INTELECTUAL FILIPINOS ARE WATCHING THIER EVERY MOVE AGAINTS THE PROGRESS AND DEVELOPMENT OF OUR COUNTRY!!





Bayan wants Pagcor head's reappointment revoked
By Dennis Carcamo (philstar.com) Updated May 30, 2010 01:04 PM

MANILA, Philippines - Militant group Bayan today asked presidential frontrunner Sen. Benigno "Noynoy" Aquino III to revoke the appointment of Philippine Gaming and Amusement Corp. chairman Efraim Genuino and four others, who were re-installed and given an additional one year term.

“What is it with Genuino that makes him seemingly so indispensible for PAGCOR that he has to be re-appointed at the last minute?” Bayan secretary general Renato Reyes Jr. said.

Malacanang has defended the appointment saying it was signed on March 9, or a day before the constitutional ban on presidential appointments.

“We urge the next president to investigate the previous activities of Genuino and his colleagues. There have been many reports of irregularities over the past years,” Reyes said.

Genuino was recently accused by poll watchdog Kontra Daya of being behind the party-list groups Batang Iwas Droga and Abot Tanaw.

Various groups assailed the BIDA partylist as being a creation of PAGCOR, a government entity, and is thus unfit to become part of the party-list system.

In its petition filed before the Comelec, Kontra Daya members alleged that some P50 million may have been channeled by PAGCOR to BIDA, whose first nominee is the daughter of Genuino, Sheryl Genuino-See. Other nominees of BIDA are erstwhile PAGCOR consultants.

“Incoming president Aquino can do the right thing and make sure Genuino’s PAGCOR reign ends at the same time as Mrs. Arroyo’s term as president expires. We believe that there are a lot of PAGCOR employees who are willing to come forward and speak [out on] the misdeeds [in] this government corporation,” Reyes said.

The petition has been elevated to the Commission on Elections en banc.

^^ here we go again...:ohno: ang lakas din ng radar nitong mga grupong 'to ah...:bash:

let's open a facebook group regarding that, how do you think? I think that's the best way we can send our words to these people.. grabe yang bayan na yan.. lahat na lang kinokontra.

^^ nakakaawa si sir Efraim Genuino... yang news na yan ay isang "Non-Sense"...
magbigay naman tayo ng utang na loob sa kanya.. sa complex na yan malaki ang naitulong niya at lumaki daw ang taxes natin gawa ng malaking percent galing sa PAGCOR.. kaya give him a another chance in the new administration.. sana makaroon ng sariling pananaw si Pres. Apparent- Sen. Noynoy Aquino for this news...

^eh sadya kasing ang mga grupo tulad ng "bayan", "abs-cbn" and the like puro sarili lang ang iniisip. tsk tsk. tapos when poverty strikes and investments go down, they all put the blame to the government.

^^ wag tayong magtanim ng sama ng loob sa ABS-CBN.. kasi nabibigay lng sila ng balita..

MEDYO OT ah.. dapat i-pasa na ni Sen. Aquino ung Information bill na yan.. para makita ng mga grupong "Walang mata, puro bunganga" ang mga nagawa ng mga "karapat-dapat at totoong" officials.. un lang...

^^ pero if you're going to take a closer look sa news nila, lahat negative. Pati positive news nagiging negative. Like the Economic Growth natin, nung 7.3% yung GDP growth, sinasabi hindi totoo tapos noong 0.9% ang GDP growth, mega headline sila na Ekonomiya, Lumago ng 0.9%. Sorry if we differ by opinion but I do believe that ABS-CBN settles for sensationalized news. Mala-tabloid type kumbaga.

Anyway going back, I saw in the PAGCOR fan page sa Facebook that construction is still in full swing. May mga nagrereklamo dun bakit daw may ni re-appoint yung current chairperson and buti na lang may mga taong nakaiintindi at ipinapaliwanag sa hindi nakakaintindi.

Its a good idea mreducator but PAGCOR already has a facebook account which is promptly named PAGCOR we can all list as friends and render our support ..OR! we can setup a facebook account (like you suggest) solely for this project alone GUARDING and tracking it until completion!
My fellow filipinos! there's no other people who can help us but US! our very enemy now is not foreign invaders but destructive ideologist like communism and moralist ( catholic clergy). We must spread the news about this project and its profound positive impact to our economy and to the filipino people!

^yep.. so let's start? hehe :)
May Fanpage na nga yung Pagcor, pero I don't think it's enough. Let's make some kinda catchy title, like "Support the Construction of PAGCOR City" or something like that. I just find these pathetic communists and socialists. Parang gusto ko silang gisingin na hello, hindi na communists vs capitalists ang laban ng modern na era.. kung gusto nila magpaiwan sa backward ideologies nila sila nalang ang maiwan.

With regards to the clergy, I think some clergies support the opening of this project. I saw in an article (nasa previous page yata nito) na it can generate jobs which is good for the jobless. :)

Its a good title mreducator its better when they search "PAGCOR" or "entertainment city" that this facebook account or group would appear..so what do you think forumers? my fellow filipino netizens? I think its a great idea becuase it would SPREAD THE WORD about this project and the magnitude of its effects to our nation. If theres any other way to inform our fellow filipinos about this please do suggest here SPREAD THE GOOD NEWS LIKE SOFT BUTTER ON A TOASTED BREAD!!

GUYS!! ATTENTION!! THESE PEOPLE ARE THE VERY ENEMIES OF OUR REPUBLIC, OF OUR WAY OF LIFE, OF OUR FREEDOM! NOW THEY ARE MAKING A MOVE TO DISCREDIT AND OVERALL STOP PAGCOR PROJECT! LET US RISE AND BE KNOWN TO THESE COMMUNIST ANARCHIST THAT WE THE INTELECTUAL FILIPINOS ARE WATCHING THIER EVERY MOVE AGAINTS THE PROGRESS AND DEVELOPMENT OF OUR COUNTRY!!





Bayan wants Pagcor head's reappointment revoked
By Dennis Carcamo (philstar.com) Updated May 30, 2010 01:04 PM

MANILA, Philippines - Militant group Bayan today asked presidential frontrunner Sen. Benigno "Noynoy" Aquino III to revoke the appointment of Philippine Gaming and Amusement Corp. chairman Efraim Genuino and four others, who were re-installed and given an additional one year term.

“What is it with Genuino that makes him seemingly so indispensible for PAGCOR that he has to be re-appointed at the last minute?” Bayan secretary general Renato Reyes Jr. said.

Malacanang has defended the appointment saying it was signed on March 9, or a day before the constitutional ban on presidential appointments.

“We urge the next president to investigate the previous activities of Genuino and his colleagues. There have been many reports of irregularities over the past years,” Reyes said.

Genuino was recently accused by poll watchdog Kontra Daya of being behind the party-list groups Batang Iwas Droga and Abot Tanaw.

Various groups assailed the BIDA partylist as being a creation of PAGCOR, a government entity, and is thus unfit to become part of the party-list system.

In its petition filed before the Comelec, Kontra Daya members alleged that some P50 million may have been channeled by PAGCOR to BIDA, whose first nominee is the daughter of Genuino, Sheryl Genuino-See. Other nominees of BIDA are erstwhile PAGCOR consultants.

“Incoming president Aquino can do the right thing and make sure Genuino’s PAGCOR reign ends at the same time as Mrs. Arroyo’s term as president expires. We believe that there are a lot of PAGCOR employees who are willing to come forward and speak [out on] the misdeeds [in] this government corporation,” Reyes said.

The petition has been elevated to the Commission on Elections en banc.


Mga SALOT sa lipunan!

Mga SALOT sa lipunan!

Yeah ... so frustrating. Maybe Genuino did things that weren't commendable, but still the outcomes of this project will FARRRRRR outweigh any of that. E-City and all of its phases will do lots of good for this country and the economy. I hate how these crab minority militant groups try to get attention. Maybe it's just when I see the words "militant group" and some way of them trying to influence the government, I get pissed off. On with the construction of E-City!!

NOYNOY HAVENT EVEN STARTED HIS PRESIDENCY AND HE'S STILL NOT IN THE HOT SEAT AND YET HE'S NOW MAKING THESE WRONG MOVES, PUTTING IN OLD ARROYO CABINET TURNCOATS. HE'S SO OVERWHELMED BY VENGEANCE AND SELFISHNESS THAT HE CANT SEE THERE ARE SOME GOOD PEOPLE NOW IN THE GOVERMENT LIKE THE PAGCOR CHAIRMAN. HES BENT ON REPLACING THEM WITH THESE PEOPLE THAT "FOR THE RECORD" BETRAYED THIER LEADER. IF THESE PEOPLE REPLACE THE OLD GOOD MEN IN THE CABINET THE PAGCOR PROJECT IS IN BIG TROUBLE!!




Old faces in next Cabinet bode ill for Aquino

By Amando Doronila
Philippine Daily Inquirer
First Posted 02:31:00 05/31/2010

Filed Under: Benigno Aquino III, Government, Inquirer Politics, State Budget & Taxes

Times Street, Quezon City, is under siege by a horde of job seekers for positions in the incoming administration of Benigno “Noynoy” Aquino III. It is also swamped by gratuitous advice on how to run his government, including the trivia that he should quit smoking.

As Aquino awaits his proclamation by Congress, hints of the profile of his new Cabinet are slowly emerging.

So far, the only thing Aquino has confirmed is that he is considering Dinky Soliman for the Department of Social Welfare and Development, Ging Deles as presidential adviser on the peace process, and former Representative and Liberal Party leader Florencio “Butch” Abad to head the Department of Education.

The mere mention of these names is sufficient to recall memories that they were part of the so-called “Hyatt 10,” the deserters of President Gloria Macapagal-Arroyo’s Cabinet who called for her resignation after she was linked to the “Hello Garci” vote-rigging scandal in the 2004 election.

Are these all Aquino can recruit from among the best and brightest eligible for Cabinet membership?

If their credentials rest on their reputation as turncoats (Deles and Soliman were known as close to Ms Arroyo and spilled the beans on her after their defection based on insider and confidential information), then we’re afraid that Aquino is in trouble.

He is off to a bad start and headed for disenchantment stemming from the high public expectations that, as an agent of change with a huge electoral mandate, he would offer a new Cabinet with fresh faces—not the tired and retreaded warriors of the street protest army.

The public expects a renewal at the top and is not inclined to accept anything less than new faces, or something resembling a bunch of has-beens given “jobs for the boys” as rewards in the new Cabinet.

Beholden to no one

The question uppermost in the minds of the public as Aquino forms his Cabinet is: Is the Aquino administration making a clean break with the past—a “rupture,” as the French would call it—or making a continuity of the past whose legacy of bad governance has been resoundingly rejected by the Filipino people.

Arguments are now heard warning that if Aquino goes ahead with his anticorruption platform of prosecuting functionaries of the outgoing regime involved in corrupt practices, he would be immediately embroiled in controversies that would dissipate the energy of his government and distract him from initiatives aimed at repairing the damage wrought by the outgoing regime on the economy and the political and social institutions.

With his electoral mandate, Aquino is in a unique position to change things with unrestrained hands. He owes his election to no one or any pressure group, and is not beholden to anyone who might claim credit for his election.

Aquino can reject any gratuitous or unsolicited advice without risk of political retaliation, using only the criterion that the public good of the majority of Filipinos is the guiding principle of cabinet formation.

Arroyo ‘gift’

In her last days in office, Ms Arroyo has been favored by the economy posting a 7.3-percent growth in the first quarter of 2010.

This was hailed by the National Statistical Coordination Board (NSCB) as a “glorious ending for the Arroyo administration and a good beginning for the incoming Aquino administration.”

The suggestion is that Ms Arroyo is gifting Aquino with the legacy of a robust economy and a foundation for building greater growth.

Independent economists point out Ms Arroyo cannot claim credit for this growth, arguing that election spending, a sustained rise in remittances of overseas Filipino workers and improved business and consumer confidence (which resulted in increased spending for goods and services) were responsible for the growth.

The NSCB gloats that the first-quarter growth was the fastest since the gross national product posted an 8.3 percent growth in the second quarter of 2007, which was also an election year.

Unsolicited advice

Augusto Santos, director general of the National Economic and Development Authority, said: “The improvement in the global economy, brighter economic outlook, increased business and consumer confidence, and election-related spending all contributed to the resurgence of economic activities.”

Outgoing Finance Secretary Margarito Teves, however, warned that the budget deficit next year could swell to 4.4 percent of gross domestic product (GDP) if the new administration would not impose new taxes.

Teves said the target was to limit the deficit to 3.8 percent of the GDP by 2011.

If the next administration would not agree to raise taxes and maintain the same level of spending projected for 2011, he said, then the deficit as a percentage of gross domestic product would rise from 3.3 percent to 4.4 percent.

This is one of the unsolicited advices to the new administration that collides with the approach of Aquino.

Clean break

In seeking to overturn the economic and financial policies of the outgoing government, Aquino has served notice that he refuses to be locked into the legacy of the Arroyo regime, indicating he seeks a clean break from the past.

During the campaign, Aquino told businessmen that he opposed a tax increase, saying that “while government is not able to collect the taxes that are already mandated by the law, additional taxes are not necessary.”

Instead, he proposed eventual lowering of taxes, to which the private sector could respond faster resulting in more disposable income for investment and retention of the same revenues needed to sustain the government’s social services.

Addressing the Makati Business Club and the diplomatic corps, Aquino underlined his position against new and increased taxes.

Aquino is inheriting a bloating deficit. As of November 2009, the deficit of the national government had reached P272 billion, or 4.1 percent of GDP.

Key decisions

Aquino said his strategy relied on administrative measures. His approach would target tax evaders and big smugglers, aiming to collect P150 billion and raise the tax efficiency rate by 2 percentage points from around 13 percent currently.

He believes the government can collect more taxes through the Bureau of Internal Revenue and higher duties through the Bureau of Customs if the collection effort is intensified and made efficient.

This makes the heads of both bureaus key figures in the campaign. Filling these posts with honest and competent men is critical to Aquino’s cleanup of the bureaucracy. If his initial appointments are an indication, they offer little signs of a brilliant Cabinet.

Aquino has to do much more than mouth pious platitudes in the search for Cabinet members. It does not take long to deflate the euphoria of his electoral triumph with a bad choice of Cabinet members.

dko alam kung san ipopost to eh.

Philippine Star March 28 edition (Property Review Section) featured the Top 10 busiest architectural firms in the country, it showed a Coin Office Building (looks like London Eye) by ASYAto be built in Pasay, Hilton @ Bay City Hotel (like the one in Dubai) by Jose Siao Ling and Associates and St. Regis by WV Coscolluela and Associates.

According to the article, all 10 projects are scheduled to start construction this year.

asan ang link? share mo naman mga pics dito para mas maappreciate namin yung sinasabi mo

^^ agree... not everybody in the Catholic Church are actually against this project... then again, E-City is not just about casinos...

http://img195.imageshack.us/img195/5051/pagcor5.jpg

Thanks for reposting these news/photos. The good Senator elect Enrile. :) I didn't vote for him in May 2010 elections but happy that he won - he is for this project together with the greater majority of Filipino people.

dito sa Pilipinas masyado tayo regionalistic. Mas magaling si ano, si ano at si ano. kanya kanya tayong lugar.

Bakit hindi nalang kagaya pag nasa abroad tayo at nakakita ka ng Pilipino tapos tatanong mo..."ako taga Bicol, ikaw" " ay ako taga Pampanga ako".

tapos sasabihin... "uy kabayan"

o diba... tayo lahat naman Pilipino, kahit saan pa ang kaunlaran ang importante umuusad ang bansa natin. kahit sa cebu pa, sa manila, sa clark, sa davao.

IMO ko lang naman.... :)

:cheers:

I do believe this is POSITIVE news that Mr. Efraim Genuino and Mr. Butch Francisco got re-elected for another 1 year term. Midnight appointment or Noontime appointment who cares ! Mr. Efraim Genuino and Mr. Butch Francisco already got the momentum to get Pagcor E-City going

Even Noynoy now wants their reappointments reviewed. :ohno:

Noynoy to review reappointment of Genuino as PAGCOR Chief (http://www.gmanews.tv/story/192282/noynoy-to-review-reappointment-of-genuino-as-pagcor-chief)
05/31/2010 | 01:57 PM

President apparent Sen. Benigno Simeon “Noynoy" Aquino III will review appointments of officials of the Philippine Amusement and Gaming Corp. (PAGCOR) whose terms were extended by outgoing President and Pampanga Rep. Gloria Macapagal-Arroyo.

The reappointment of PAGCOR Chairman Efraim Genuino will be among those up for review, Aquino said, despite Malacañang’s insistence that the matter was above board.

“Pinipilit na lang ang lahat na appointment na ito, sana ipaubaya ang papasok na administrasyon. Ganoon pa man din, meron tayong mga kapangyarihan vested in the Constitution. Pag tayo naproklama minimum niyan ire-review ang appointment na ito," he said.

(This administration is forcing his appointment when it should have given the incoming administration a free hand to do so. But we have options vested in the Constitution and we will review his appointment.)

While he declined to say if the appointment will be revoked, he said the new administration can review it up to 90 days after assumption of office.

Since Pagcor is one of the government’s biggest revenue earners such as the Customs and Internal Revenue bureaus, “(the) minimum (is that) we have to audit exactly what transpired at PAGCOR given so many allegations."

Aquino said his Cabinet search committee is still conducting an inventory of which officials have fixed terms and who are co-terminus.

Palace: Leave politics out of PAGCOR officials’ reappointment

Meanwhile, Malacañang appealed to its critics on Monday to leave politics out of the reappointment of Genuino and four PAGCOR board members.

Genuino and the four other board members’ reappointments were made March 9, a day before a 60-day ban on midnight appointments took effect, PMS head Elena Bautista-Horn said.

“Kung gusto nila lagyan ng bahid ng pulitika ito labas na ito sa aking jurisdiction, ang amin lamang ang technical review ng hakbangin ng pangulo sa legalidad ng appointment (If some people insist on seeing politics in this move, leave us out of it. The PMS as the technical arm of the Office of the President made a review and it was above board)," Bautista-Horn said in an interview on dzXL radio.

The presidential decree that created the Pagcor gave officials a one-year term, and has no ban on reappointment, she said.

It will become illegal only if the appointment involves a term of more than one year, she added.

“Ang ginawa ng pangulo bago election ban, yan ang intindi ko. Ano ang naging issue (President Arroyo made the appointment before the election ban took effect. So what is the issue here)?" she said.

She also belied speculations the Palace may have antedated the appointment papers.

“Personally I can say maayos ginawa ang papeles na ito above board ang lahat (Personally I can say the papers were above board)," she said.

The incoming administration can change Pagcor’s charter if it wants to prevent a “repeat" of the reappointment, she suggested.

“Pwede palitan ang batas para mapaiksi ang termino ng director, nasa kanila paano gagawin. Pero under the existing charter rightfully isang taon termino ang nakaupo ngayon (They can change the Pagcor charter to shorten the director’s term. But under the existing charter, the director gets a one-year term)," she said.

“May remaining five years sila puwede pumili, every year pwede sila mag-reappoint o mag-appoint ng bago (The next administration has five years to select their replacements and choose to reappoint their choices)," she added. - RJAB Jr., GMANews.TV

Napanuod ko yung interview ni Chairman Genuino kanina sa (Umagang kay Ganda) punto por punto.. it was short but sweet... Nakakatuwa si Anthony Taberna talagang todo suporta siya kay chairman base sa pananalita niya sinabi din niya na dapat nating pagkatiwalaan si Chairman kasi alam naman natin na sa sampung taon niya sa ahensiya madami siyang nagawa sa PAGCOR at hindi siya kurakot na pera lang ang hanap...:)

Go Chairman Genuino at PAGCOR tapusin ang magandang simulain at hanagarin para sa proyektong makakapagbigay ng maraming trabaho at turismo sa ating bansa...:cheers::banana:

I was in Singapore last week and thier Resorts World Sentosa is grandiose integrated with the theme park Universal Studios ! ang daming visitors. malaki kinikita ng Singaporeans which made me feel bad when the distractors in Philippine politics taints the good work of those people who only wants to see the Philippines be on par with the rest of the Asian countries. kakabwiset na mga taong salot sa pagunlad ng pilipinas, pati ba naman Resorts World Manila gusto pa ipaimbestiga :bash: ngayon pati si Efraim Genuino tinitira nila. when will these 'salots' pull their act together ? they better wake up and smell the roses...kulelat na ang pilipinas pilit pa nilang pinababa ang status natin :bash:

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs318.snc3/28564_1444064856141_1068719127_1326479_2012294_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs298.snc3/28564_1444065016145_1068719127_1326482_7806654_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-ash1/hs328.ash1/28564_1442004364630_1068719127_1318729_2168069_n.jpg

kalapit lang ng pilipinas ang hong kong , macau, malaysia, thailand and singapore , i have been to all these countries AND I CAN SAY THERE'S A BIG DIFFERENCE with all these countries FROM THE PHILIPPINES ! tama na ang debatehan dito sa atin and act swiftly. kilos na agad !

Napanuod ko yung interview ni Chairman Genuino kanina sa UH (Umagang kay Ganda) punto por punto.. it was short but sweet... Nakakatuwa si Anthony Taberna talagang todo suporta siya kay chairman base sa pananalita niya sinabi din niya na dapat nating pagkatiwalaan si Chairman kasi alam naman natin na sa sampung taon niya sa ahensiya madami siyang nagawa sa PAGCOR at hindi siya kurakot na pera lang ang hanap...:)

Go Chairman Genuino at PAGCOR tapusin ang magandang simulain at hanagarin para sa proyektong makakapagbigay ng maraming trabaho at turismo sa ating bansa...:cheers::banana:
i also had the chance to watched it, and he also said that he will talk to noynoy as a courtesy to the incoming president and explain all the directions and his good intensions in pagcor. and he also said that its up to noynoy if he will extend his service or not, sana extend sya because i think open minded naman c noynoy.:)

GUYS! LETS SUPPORT CHAIRMAN GENUINO ALL THE WAY, WHILE HE SITS THERE THIS PROJECT IS SURE TO CONTINUE IF HE GOES SAY GOODBTE TO THIS PROJECT, THE 100,000 JOBS IT WOULD CREATE AND THE ECONMIC CONTRIBUTIONS IT WOULS GIVE! LET US BE KNOW THE THE INCOMING PRESIDENT THAT WE NEED THIS GUY THERE, AND LETS STOP THOSE COMMUNIST ANARCHIST WHO IS ANTI-PROGRESS ANTI-GROWTH AND ANTI-FREEDOM FROM STALLING THIS PRAJECT!!

Pagcor chief wants to personally defend re-appointment to Noynoy
abs-cbnNEWS.com
Posted at 06/02/2010 10:36 AM | Updated as of 06/02/2010 10:36 AM

MANILA, Philippines - Philippine Amusement and Gaming Corp. (Pagcor) chairman Efraim Genuino said Wednesday that he is planning to meet with and explain his re-appointment to president-apparent Sen. Benigno "Noynoy" Aquino III.

"Maganda dyan ay mabigyan ako ng pagkakataon na ipaliwanag sa susunod na pangulo ang programang maitutulong ko sa kanya... Siguro magku-courtesy call ako sa kanya at ipapaliwanag ko sa kanya kung ano ang nangyayari sa Pagcor," Genuino told ABS-CBN's Umagang Kay Ganda.

He said he will reason with the next president and insist that Pagcor needs "continuity" because it has lined up several projects that would provide hundreds of jobs for Filipinos.

President Gloria Macapagal Arroyo signed Genuino's re-appointment paper on the eve of the Constitutional ban on midnight appointments.

Critics of President Arroyo opposed the re-appointment saying this could give the outgoing administration access to Pagcor's P17-billion fund.

Malacañang said the re-appointment is based on Presidential Decree 1869 or the Pagcor charter.

During the interview, Genuino said he is worthy of the re-appointment because of Pagcor's achievements when he became its chairman.

He said that from an annual revenue of at least P14 billion, his administration was able to collect more than P30 billion annually since he assumed the chairmanship in 2001.

"Kung pag-uusapan ang performance, dapat kaming i-reappoint," he said, adding that Pagcor has never been involved in any controversies.

He added that instead of focusing on Pagcor, the next administration should prioritize fixing other government agencies and government-owned corporations that have been involved in controversies.

Genuino, however, said that he will step down if Aquino decides to kick him out of Pagcor.

Aquino has said that once he steps in, he will immediately review Genuino's appointment and his track record in the Pagcor.

The president-apparent urged President Arroyo to just let the next administration make similar appointments.

Napanuod ko yung interview ni Chairman Genuino kanina sa UH (Umagang kay Ganda) punto por punto.. it was short but sweet... Nakakatuwa si Anthony Taberna talagang todo suporta siya kay chairman base sa pananalita niya sinabi din niya na dapat nating pagkatiwalaan si Chairman kasi alam naman natin na sa sampung taon niya sa ahensiya madami siyang nagawa sa PAGCOR at hindi siya kurakot na pera lang ang hanap...:)

Go Chairman Genuino at PAGCOR tapusin ang magandang simulain at hanagarin para sa proyektong makakapagbigay ng maraming trabaho at turismo sa ating bansa...:cheers::banana:

nice to hear that. Di na kasi ako nanonood ng Abias CBN news. hehehe

Hi DCRJ!

How are you? great photos and thank you for posting it here so our brethrens can see it...But it Manila can have that too its will be housed in the PAGCOR E-CITY so our kababayans who has not much money to go in singapore can have the fun and experince it offers...But as you can see its under peril..as you can see the brainchild of this project is under attack...least we can do is we can swamp the incoming president of our support for this project. I know our other felllow filipino netizens have a better idea but anything that will bring this the to the incoming president will be a great
Thank you again. MABUHAY ANG FILIPINO!

Hi DCRJ!

How are you? great photos and thank you for posting it here so our brethrens can see it...But it Manila can have that too its will be housed in the PAGCOR E-CITY so our kababayans who has not much money to go in singapore can have the fun and experince it offers...But as you can see its under peril..as you can see the brainchild of this project is under attack...least we can do is we can swamp the incoming president of our support for this project. I know our other felllow filipino netizens have a better idea but anything that will bring this the to the incoming president will be a great
Thank you again. MABUHAY ANG FILIPINO!

Thanks KnightOfTheFlag, let's continue to support Efraim Genuino, he's the one and only brainchild of this huge project and better equipped to handle the project with this kind of magnitude.

Here's a latest article concerning the planned Resorts World Bayshore City within the Pagcor E-City

Hotel group to develop $1-billion bay project

Friday, 04 June 2010 00:00

BY BEN ARNOLD O. DE VERA Reporter

The company running the gaming hub Resorts World Manila is eyeing expansion in other parts of the country on top of development in Pagcor City.

Kingson Sian, Travellers International Hotel Group Inc. president, told a roundtable with reporters and editors of The Manila Times on Thursday that they are interested to invest in “other Philippine islands,” although he declined to elaborate.

Sian said that Travellers International Hotel Group within this year will begin the development of the 31-hectare “Resorts World Bayshore” project.

According to him, this project would cost close to a billion dollars.

Travellers International Hotel Group is a joint venture of Andrew Tan-led Alliance Global Group Inc. and the Malaysian Genting group.

Besides Travellers International Hotel Group, Aruze Corp. of Japan, Enrique Razon-led Bloombury Investments Holdings Inc. and SM Investments Corp. were also granted licenses to establish and operate gaming and entertainment activities at the Bagong Nayong Pilipino Entertainment City complex.

Sian said that their company is optimistic about the domestic tourism sector, adding that the country is blessed with abundant natural resources, and warm and hospitable people.

“There’s no reason why we should not have a thriving tourism industry,” he said.

What makes tourists come back to the Philippines, Sian added, is the efficient service that they experience.

He said that some foreign tourists have the wrong impression that the Philippines is not a safe destination, because Filipinos themselves seem to promote that idea.

In order to keep tourism investments both from locals and foreigners pouring in, Sian suggested that the incoming government put in place a business-friendly climate.

“The ingredients are there, we just need a spark,” he said.

Sian added the eight-hectare Resorts World Manila complex, Travellers International Hotel Group’s flagship project, is nearing completion.

He said that the shopping complex Newport Mall, which open next week, would showcase up to 60 stores of high-end brands such as Dunhill, Gucci and Prada, about 30 restaurants and four cinemas.

This mall would be easily accessible from the already operating luxury hotels Marriott and Maxims.

Sian said that a budget hotel, Remington, is set to open by the middle of next year, as they want to make Resorts World Manila accessible to people from all walks of life.

Also, a 1,500-seat performing arts theater and a by-invitation only lifestyle hub would soon rise within the complex.

Resorts World Manila will also hold a four-day party on November 25 to 28 to promote the integrated entertainment hub.

“There will be concerts, gaming tournaments and fashion shows. We also plan to bring in foreign acts,” Sian said.

“We want Resorts World Manila to be known as ‘the’ entertainment place,” he added.

Sian said that Resorts World Manila is attracting up to 10,000 visitors a day, of which about a fifth are foreigners mostly from neighboring Asian countries.

He added that they expect the number of visitors to shoot up to 20,000 daily once the mall opens.

Sian said that even as Resorts World Manila began operations during the onslaught of the global financial crisis, customers kept coming to their facilities.

“The global recession had no impact on our operations at all,” he noted.

Sian said that there is a market for their world-class products and services here.

He added that Travellers International Hotel Group has invested about $500 million since 2007.

Sian said that the company could infuse as much as $600 million in the development of Resorts World Manila.

At present, the group employs 3,500, up significantly from just 200 last year.

article source: http://www.manilatimes.net/index.php/top-stories/18757-hotel-group-to-develop-1-billion-bay-project

If Pagcor Chief wants to defend his position, then I suggest Pagcor Chief better get his ass moving and start this project.

If Pagcor Chief wants to defend his position, then I suggest Pagcor Chief better get his ass moving and start this project.

once noy2x hear this line from pagcor chief

it will be a catalyst for economic development blah blah blah...

i'm sure pagcor chief can convince noy.

bulungan nya kamo si noynoy na pag natuloy ang bnp tutubo ang buhok nya... sigurado aprubado yan. :lol:

^^ :lol: :rofl: :lol: :rofl:

naku naman noynoy, pls stay away from this very important project. do not fail us noynoy aquino and prove us all wrong. we need this project to move. all you need to ask of eugenio is to speed up the construction of this mega-facelift project.

bulungan nya kamo si noynoy na pag natuloy ang bnp tutubo ang buhok nya... sigurado aprubado yan. :lol:

AHAHA!! that a good one b two:rofl::rofl:Siguro ang dapat gawin ni Genuino eh BULUNGAN si Noynoy na meron syang FREE BOXS OF CIGARS EVERYDAY care of PAGCOR para tuloy tuloy ang stay nya sa PAGCOR at hindi maantala ang project na to

ipangako ni genuino na may theme park ride based on his favorite psp game!

Cheers.
http://www.businessweek.com/news/2010-06-10/wynn-shareholder-universal-may-sell-stock-in-manila-casino-unit.html

Bloomberg
Wynn Shareholder Universal May Sell Stock in Manila Casino Unit
June 10, 2010, 12:37 AM EDT
More From Businessweek

By Wendy Leung

June 10 (Bloomberg) -- Universal Entertainment Corp., the biggest shareholder of Wynn Resorts Ltd., plans a Hong Kong initial public offering within three years for the unit building a $2.7 billion Manila casino resort.

The funds raised will help finance expansion, Kazuo Okada, chairman of Japanese pachinko game maker Universal Entertainment, said in Macau yesterday. “We plan to list in Hong Kong after opening” the first phase of the Manila project in 2012, he said, declining to provide an estimate of the size of the IPO.

Universal Entertainment is expanding outside Japan as successive governments have ignored industry calls to legalize casinos in the world’s second-largest economy and the popularity of pachinko declines. Asian investors are becoming more informed about the casino gaming industry, said an independent industry strategy consultant Jonathan Galaviz.

“The tourism sector of Asia will continue to be a robust growth sector,” Galaviz said. “The Philippines can be a part of that if it plays its cards right.”

Universal Entertainment gained 3.7 percent to 1,483 yen at 12:41 p.m. in Tokyo trading, boosting its gain this year to 29 percent. The company owns 19.9 percent of Wynn Resorts, billionaire Stephen Wynn’s casino operator.

The Manila project, which will be built on a 40-hectare (99-acre) site, may cost between $2.7 billion and $2.8 billion, and construction may begin this month, Okada said in an interview translated by adviser Michiaki Tanaka.

Philippine Taxes

Piling work on the Manila casino resort will begin this month after the Philippines government waived the corporate tax on non-gambling businesses for the initial four years and offered a “lower-than-usual” rate from the fifth year onward, Okada said.

The first phase of the resort will include a casino, a hotel and an aquarium. The whole project will include two casinos, two hotels and a residential building and may be finished within five years, he said.

The Philippines is luring companies to build casino resorts by offering lower taxes, in a bid to boost tourism. Philippine tycoon Andrew Tan and Genting Hong Kong Ltd. opened their $700 million Resorts World Manila last August. Genting Hong Kong was named Star Cruises Ltd. at the time of the opening.

“Our gaming tax is lower than Macau and slightly higher than Las Vegas,” said Rafael Francisco, President of Philippine Amusement and Gaming Corp. Licensed casinos pay 25 percent for gaming tax, along with a corporate income tax for entertainment and other non-gaming income, he said.

“It is critical that the Philippines invest heavily in its Manila tourism infrastructure to ensure that the Manila Bay corridor is viable in the long run,” Galaviz said.

--Editors: Frank Longid, Fergus Maguire

To contact the reporter on this story: Wendy Leung in Hong Kong at wleung12@bloomberg.net]

To contact the editor responsible for this story: Frank Longid at flongid@bloomberg.net

^^ great news

It was last 2 years ago that Universal Entertainment which was formerly Azure Corps of Japan advertized in their previous announcement that they will also be including a Manila Eye (similar to the London Eye or the Singapore Flyer). CAAP (Civil Aviation Authority of the Philippines) must have prevented the Manila Eye to be built due to its proximity to the airport. Universal Entertainment also proposed the sports arena two years ago. Now all they are saying is that 2 casinos and 2 hotels, an oceanarium and a residential building will be built without any reports on Manila Eye and the Sports Arena.

here's an article TWO YEARS AGO --> http://findarticles.com/p/news-articles/manila-times-the/mi_8072/is_20080407/genting-aruze-invest-pagcor-project/ai_n45973678/

I have seen the Singapore Flyer last month it was a big draw for tourists over there, I wish Universal Entertainment would be permitted to go ahead with the plans for the Manila Eye if not in Pagcor city then it should be built elsewhere away from the airport

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs318.snc3/28564_1441751198301_1068719127_1317551_3700880_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs298.snc3/28564_1441761598561_1068719127_1317563_7187952_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-ash1/hs328.ash1/28564_1441763118599_1068719127_1317592_683415_n.jpg

^^ great news

It was last 2 years ago that Universal Entertainment which was formerly Azure Corps of Japan advertized in their previous announcement that they will also be including a Manila Eye (similar to the London Eye or the Singapore Flyer). CAAP (Civil Aviation Authority of the Philippines) must have prevented the Manila Eye to be built due to its proximity to the airport. Universal Entertainment also proposed the sports arena two years ago. Now all they are saying is that 2 casinos and 2 hotels, an oceanarium and a residential building will be built without any reports on Manila Eye and the Sports Arena.

here's an article TWO YEARS AGO --> http://findarticles.com/p/news-articles/manila-times-the/mi_8072/is_20080407/genting-aruze-invest-pagcor-project/ai_n45973678/

I have seen the Singapore Flyer last month it was a big draw for tourists over there, I wish Universal Entertainment would be permitted to go ahead with the plans for the Manila Eye if not in Pagcor city then it should be built elsewhere away from the airport

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs318.snc3/28564_1441751198301_1068719127_1317551_3700880_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-snc3/hs298.snc3/28564_1441761598561_1068719127_1317563_7187952_n.jpg

http://sphotos.ak.fbcdn.net/hphotos-ak-ash1/hs328.ash1/28564_1441763118599_1068719127_1317592_683415_n.jpg


Great photos DCRJ! thanks for sharing, anyway if there will be a "manila eye" ferris wheel in BNP project it would be cool but I hope they change it to a different name just like singapore did naming it "singapore flyer" or it will just be a rip off of the london eye. But personally im not warm in having a ferris wheel in BNP becuase..like i said...it'll just be a rip off dami ng bansa meron nyan malaysia, japan, china.
I personally think a sports arena would be better so major sporting events can be held here like NBA, WWF or just imagine this...A MANNY PACQUIAO fight in the PHILIPPINES! ( Of course manny could have retired already but who knows somebody might rise to follow him!) It would draw in huge tourist and best of all MONEY! The betting money at stake is TREMENDOUS!!
Or maybe a race track like Formula 1 which every year draws in a lot of tourist. CHEERS!

You're not contributing at all and seeing the BIG picture. Remember, these developments are in three phases - 1st - Manila, 2nd - Clark and 3rd - Cebu

IMO:
Clark is way to far from Cebu (as of now) Nandyan pa yung
Davao, CdeO, Iloilo at Subic.

It should have been:
1st - Manila
2nd - Cebu
3rd - Clark or Subic :)

Sana matuloy na itong PACGOR City at saan yung Hilton at the Bay City?
It would be the 2nd Hilton in the country aside from Cebu :banana:

There should have been a Universal Theme Park in PAGCOR City..

There should have been a Universal Theme Park in PAGCOR City..

Yes... I agree... Six Flags din!!!

Gud am guys. Heres a bit of real good news. For those who are still doubting this project especially the Okada project, read this (fresh off the press).

http://www.bloomberg.com/apps/news?pid=20601089&sid=aFyovsW67Kbs

Wynn Shareholder Universal Aims for Casino Unit IPO (Update1)
Share Business ExchangeTwitterFacebook| Email | Print | A A A

By Wendy Leung

June 10 (Bloomberg) -- Universal Entertainment Corp., a Japanese pachinko game maker and the biggest shareholder in Wynn Resorts Ltd., plans a Hong Kong initial public offering within three years for a unit that is building a $2.7 billion Manila casino resort.

The funds raised will help finance expansion, Kazuo Okada, Universal Entertainment chairman, said in Macau yesterday. “We plan to list in Hong Kong after opening” the first phase of the Manila project in 2012, he said, declining to provide an estimate of the size of the offering.

Universal Entertainment is expanding outside Japan as successive governments have ignored industry calls to legalize casinos in the world’s second-largest economy and as the popularity of pachinko declines. Asian investors are becoming more informed about the casino gaming industry, said independent industry strategy consultant Jonathan Galaviz.

“The tourism sector of Asia will continue to be a robust growth sector,” Galaviz said. “The Philippines can be a part of that if it plays its cards right.”

Universal Entertainment gained the most in a week, rising 7.7 percent to close at 1,540 yen, in Tokyo trading. The shares have gained 34 percent this year. The company owns 19.9 percent of Wynn Resorts, billionaire Stephen Wynn’s casino operator.

Universal Entertainment aims to lure high-limit gamblers -- so-called VIP players -- from China to the Manila resort, Okada said. Macau gambling revenue surged 57 percent in the first quarter to about 41 billion patacas ($5.1 billion) as China’s economic growth accelerated to the fastest in almost three years.

The Manila project, which will be built on a 40-hectare (99-acre) site, may cost between $2.7 billion and $2.8 billion, and construction may begin this month, Okada said in an interview translated by adviser Michiaki Tanaka.

Philippine Taxes

Piling work on the Manila casino resort will begin this month after the Philippines government waived the corporate tax on non-gambling businesses for the initial four years and offered a “lower-than-usual” rate from the fifth year onward, Okada said.

The first phase of the resort will include a casino, a hotel and an aquarium. The completed project will include two casinos, two hotels and a residential building and may be finished within five years, he said.

The Philippines is luring companies to build casino resorts by offering lower taxes, in a bid to boost tourism. Philippine tycoon Andrew Tan and Genting Hong Kong Ltd. opened their $700 million Resorts World Manila development last August. Genting Hong Kong was named Star Cruises Ltd. at the time of the opening.

“Our gaming tax is lower than Macau and slightly higher than Las Vegas,” said Rafael Francisco, President of Philippine Amusement and Gaming Corp. Licensed casinos pay 25 percent for gaming tax, along with a corporate income tax for entertainment and other non-gaming income, he said.

“It is critical that the Philippines invest heavily in its Manila tourism infrastructure to ensure that the Manila Bay corridor is viable in the long run,” Galaviz said.

To contact the reporter on this story: Wendy Leung in Hong Kong at wleung12@bloomberg.net]
Last Updated: June 10, 2010 05:26 EDT

Ay na post na pala sorry got so giddy. My bad

Hopefully this project will start by the end of the month. Parati na lang nauudlot.

^^
babanggain ba ni Noynoy si Enrique Razon, isa siya sa mga investors ng BNP at financier niya sa nakaraang election.

Yes... I agree... Six Flags din!!!

unfortunately wala ng space for more theme parks as it requires a lot of space. im hoping they will make an extension sa subic or clark para sa malalaking theme parks.. just make sure na tapos na yung nlex-slex connection pati yung manila port-nlex para easy accessible yung subic. tapos free shuttle service from pagcor city.. i think some tourist would not mind the 2 hour ride dahil scenic naman yung SCTEX..

^^ guys, even in Hong Kong, it's a news.
http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=99310&sid=28548598&con_type=1&d_str=20100611&fc=8
Wynn bets big on region

Friday, June 11, 2010

Universal Entertainment Corp - the biggest shareholder of Wynn Resorts - is keen on opening a casino in Manila and may later list in Hong Kong.

This came as Wynn Macau (1128), a unit of Las Vegas Wynn Resorts, said the gaming industry in Macau could grow by more than 30 percent this year.

Chief operating officer Linda Chen said the VIP market at the Macau casino would grow even faster than the mass sector.

Wynn Macau is set to break ground on a new casino next year if the Macau government gives the green light.

The new casino resort will be completed in 2014, chairman and casino tycoon Steve Wynn said.

It will have up to 500 gambling tables and 1,200 to 1,800 slot machines, he said.

"It's not so much a matter of how many tables, but who's at them," said Wynn.

Japanese pachinko game maker Universal Entertainment Corp is aiming to expand its business outside Japan to the Philippine capital with an investment of up to US$2.7 billion (HK$21.06 billion).

Chairman Kazuo Okada told Bloomberg he plans to list the unit in Hong Kong for funding after the first phase of the Manila projects opens in 2012. ELLEN WANG

now, what i want to happen is that these resorts will be integrated to each other. for example you don't need to ride a taxi going to Resorts world from azure. or pay an entrance fee going inside another complex. yung mga turista naman they don't mind walking kahit long walks pa yan as long as may proper side walks and they can do sight seeing while walking. of course its better if there is a tram going around but having a monorail is way way better!

hi guys, have you seen the flyers for solemare? nakakuha ako ng isang flyer one time last week.. magtatayo pala dun ng qatar embassy and at the same time pasay city hall will be built along bradco ave.. yun yung nakalagay sa map description for solemare..

^^ guys, even in Hong Kong, it's a news.
http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=99310&sid=28548598&con_type=1&d_str=20100611&fc=8
Wynn bets big on region

Friday, June 11, 2010

Universal Entertainment Corp - the biggest shareholder of Wynn Resorts - is keen on opening a casino in Manila and may later list in Hong Kong.

This came as Wynn Macau (1128), a unit of Las Vegas Wynn Resorts, said the gaming industry in Macau could grow by more than 30 percent this year.

Chief operating officer Linda Chen said the VIP market at the Macau casino would grow even faster than the mass sector.

Wynn Macau is set to break ground on a new casino next year if the Macau government gives the green light.

The new casino resort will be completed in 2014, chairman and casino tycoon Steve Wynn said.

It will have up to 500 gambling tables and 1,200 to 1,800 slot machines, he said.

"It's not so much a matter of how many tables, but who's at them," said Wynn.

Japanese pachinko game maker Universal Entertainment Corp is aiming to expand its business outside Japan to the Philippine capital with an investment of up to US$2.7 billion (HK$21.06 billion).

Chairman Kazuo Okada told Bloomberg he plans to list the unit in Hong Kong for funding after the first phase of the Manila projects opens in 2012. ELLEN WANG

Will we be getting Pachinko machines too?
They're fun ^.^;;

^^^^

paano ba yang pachinko na yan? nakikita ko lang kasi sa nhk na parang adik yata mga japanese kasi dami naglalaro. daming mga parang bolitas. may katumbas ba na pera yun?

^^ Pachinko is popular in Japan, and I think it's gaining popularity in Taiwan too, because they love Japan! haha. The game is kind of like a mix between a slot machine and pinball? First you go buy some metal balls to play with. Then you launch them in the slot machine like device and you watch them fall. They fall into different pockets, and depending on the numbers on the screen and the pocket the ball falls in, you can win ... DING DING DING!!! ... more balls! hahahaha. When you're finished, you can win different things like more balls, gift certificates and prizes. Japan doesn't allow cash prizes, so that's why you receive no cash rewards. However, I suppose we can offer cash prizes since we're not Japan? haha. I mostly just sat next to my friend and watched :P. I'm not an expert, but it looks like a lot of fun!

Pachinko machines look really cute, and just looking at them makes you want to play. It seems like a nice de-stressing game to play after a long day. I think putting some of these Pachinko bars in BNP would be a good move. It would set us far from the ordinary. I don't think Macau has them (?), and gambling-wise we need things to make us seem like a better/different destination. Pachinko might even attract a bigger Japanese tourist base too.

Sure, you can get addicted playing Pachinko, but hey, you can get just as easily addicted to something else. So, I don't see the harm in including some Pachinko bars. They're a tamer alternative to your average slot machine. We don't have to offer cash prizes, so we can let it be the safer option, but we can if we desire. :grouphug:

^^^^

thanks for the info. i guess pachinko invasion of the philippines is imminent and inevitable. :lol:

wla na labo na yan......malamang ibasura na pnoy (bugok na itlog)...ang proyekto na yan....don't keep you're hopes up.....

^^ Pachinko is popular in Japan, and I think it's gaining popularity in Taiwan too, because they love Japan! haha. The game is kind of like a mix between a slot machine and pinball? First you go buy some metal balls to play with. Then you launch them in the slot machine like device and you watch them fall. They fall into different pockets, and depending on the numbers on the screen and the pocket the ball falls in, you can win ... DING DING DING!!! ... more balls! hahahaha. When you're finished, you can win different things like more balls, gift certificates and prizes. Japan doesn't allow cash prizes, so that's why you receive no cash rewards. However, I suppose we can offer cash prizes since we're not Japan? haha. I mostly just sat next to my friend and watched :P. I'm not an expert, but it looks like a lot of fun!

Pachinko machines look really cute, and just looking at them makes you want to play. It seems like a nice de-stressing game to play after a long day. I think putting some of these Pachinko bars in BNP would be a good move. It would set us far from the ordinary. I don't think Macau has them (?), and gambling-wise we need things to make us seem like a better/different destination. Pachinko might even attract a bigger Japanese tourist base too.

Sure, you can get addicted playing Pachinko, but hey, you can get just as easily addicted to something else. So, I don't see the harm in including some Pachinko bars. They're a tamer alternative to your average slot machine. We don't have to offer cash prizes, so we can let it be the safer option, but we can if we desire. :grouphug:

^^^^

thanks for the info. i guess pachinko invasion of the philippines is imminent and inevitable. :lol:

Pachinko slot machines are available here. I've seen them in PAGCOR Paranaque and Hyatt. I don't know how it is played though....

Anyone have an idea when the first casino will be completed in the Bagong Nayong Pilipino?

1st should be Cagayan Province. Imagine the proximity to the east asian markets? They have the mountains, beaches, wilderness, fuga island, batanes and babuyan group, exotic food and culture, sub-tropical climate, humpback whales, surfing, dive spots and more :banana:

Uhm, medyo you are asking for the moon. You cant just build it and wait for people to come. You need to have an international airport, as well as convention facilities as well kailangang malapit sa big MNCs, embassies, etc. Maganda dyan sa Region 2, pero parang nawala ka yata sa wisyo.

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:


Bullshit. Sige hala, palamunin nila ang mga pamilyang may tigsasampung anak. Dapat barilin na ang mga prayleng ito. Bwisit. Mga salot sa lipunan.

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:


:bash: :bash: :bash: :nuts:

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:

here we go again, wala naman din magagawa yang mga church leaders na yan eh kundi mag alboroto hehehe. that so-called moral crusading by church leaders died down when PGMA ignored their plea. now we have a new president and they are making some noise again. hopefully noynoy should know what's really best for the philippines. hopefully tuloy ang mga casinos na ito...and don't forget the theme park !

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:

ay ambot :ohno:

kunsabagay, gambling is gambling... they can have hotels, theme parks and the Pagcor tower nman and manila eye... kahit walang casino basta to maitayo, kahit nde ko binoto c noynoy, pag ito natuloy..love ko na sya.

but reading from that article.. the church leaders are now fighting against the casinos in Urdaneta and San Leonardo... so it seems the Church no longer has means to stop the PagCor city casinos...

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:

Church, shut up! Las Vegas was built on nothing but just barren sand with no water in the middle of nowhere but they thrived because of tourism boosted by casinos and entertainment. If you don't want development, stay in an Amish community.

they just actually doing their job... aren't they to blame if country wont progress, somehow... well, its a matter of time.

Pagcor chief resigns
By Helen Flores (The Philippine Star) Updated June 16, 2010 01:00 AM


MANILA, Philippines - After receiving what critics said was a midnight appointment from President Arroyo, extending his term for another year, Efraim Genuino has resigned as chairman of the Philippine Amusement and Gaming Corp. (Pagcor).

President Arroyo accepted the resignation, which takes effect June 30, The STAR learned last night. The “retirement papers” were submitted to Mrs. Arroyo on May 28 and received by Malacañang on June 1.

Incoming president Benigno Aquino III had warned that he intended to invalidate all or most of the midnight appointments made by President Arroyo.

Malacañang had earlier defended the appointment of Genuino and four Pagcor board members, saying these were dated March 9 or the eve of the start of the constitutional ban on midnight appointments. A Pagcor official also said the gaming firm’s charter allowed the re-appointment of its chairman and board members every year.

Pagcor spokesman Edward King said Genuino took his oath on March 9 before Judge Caroline Rivera-Colasito of the Manila Regional Trial Court’s Branch 23.

King said Pagcor board members Rafael Francisco, Philip Lo, Manuel C. Roxas and Ester Alano Laconico-Feria took their oaths on the same day.

Genuino’s son ran for mayor of Makati in the May elections but lost to the son of vice president-elect Jejomar Binay.

His daughter Sheryl Genuino-See is the first nominee of the party-list group Batang Iwas Droga (BIDA).

Appointed as Pagcor chief in 2001, Genuino has been accused of using funds of the gaming firm, the third biggest revenue-earning agencies, to finance the campaigns of his children. He has denied the accusations.

Election rules prohibit the government from providing financial support to party- list organizations. – With Marichu Villanueva

Pagcor chief resigns
By Helen Flores (The Philippine Star) Updated June 16, 2010 01:00 AM


MANILA, Philippines - After receiving what critics said was a midnight appointment from President Arroyo, extending his term for another year, Efraim Genuino has resigned as chairman of the Philippine Amusement and Gaming Corp. (Pagcor).

President Arroyo accepted the resignation, which takes effect June 30, The STAR learned last night. The “retirement papers” were submitted to Mrs. Arroyo on May 28 and received by Malacañang on June 1.

Incoming president Benigno Aquino III had warned that he intended to invalidate all or most of the midnight appointments made by President Arroyo.

Malacañang had earlier defended the appointment of Genuino and four Pagcor board members, saying these were dated March 9 or the eve of the start of the constitutional ban on midnight appointments. A Pagcor official also said the gaming firm’s charter allowed the re-appointment of its chairman and board members every year.

Pagcor spokesman Edward King said Genuino took his oath on March 9 before Judge Caroline Rivera-Colasito of the Manila Regional Trial Court’s Branch 23.

King said Pagcor board members Rafael Francisco, Philip Lo, Manuel C. Roxas and Ester Alano Laconico-Feria took their oaths on the same day.

Genuino’s son ran for mayor of Makati in the May elections but lost to the son of vice president-elect Jejomar Binay.

His daughter Sheryl Genuino-See is the first nominee of the party-list group Batang Iwas Droga (BIDA).

Appointed as Pagcor chief in 2001, Genuino has been accused of using funds of the gaming firm, the third biggest revenue-earning agencies, to finance the campaigns of his children. He has denied the accusations.

Election rules prohibit the government from providing financial support to party- list organizations. – With Marichu Villanueva

The move was a retirement, not a resignation, (PAGCOR) Spokesperson Edward “Dodie” King stressed

PAGCOR exec retires
June 15, 2010, 10:30pm
Philippine Amusement and Gaming Corporation (PAGCOR) Spokesperson Edward “Dodie” King confirmed Tuesday night that Efren C. Genuino has filed his retirement from PAGCOR.

Genuino filed his retirement on May 28. Malacanang received the letter on June 1.

Genuino’s retirement will take effect on June 30, the day President Gloria Macapagal Arroyo officially bows out from the Presidency. The move was a retirement, not a resignation, King stressed.

Genuino assumed his post as chairperson and chief executive officer of PAGCOR in early 2001, after President Arroyo was catapulted to the presidency after a People Power revolt on Epifanio Delos Santos Ave. (EDSA).

Genuino has been credited for multi-income generating projects in gaming and tourism. Last year, PAGCOR posted a gross income take of P30 billion. Before his stewardship in 2001, the state-gaming firm was only earning an annual gross income of P14 billion.

Genuino is also credited for PAGCOR’s Entertainment and Tourism City, expected to generate some 250,000 jobs for Filipinos.

article source: http://www.mb.com.ph/articles/262187/pagcor-exec-retires

^^ whoa, what will happen now? sino na chief ng pagcor? or si P-Noy na ang mag-a-appoint ng next Chairman?

Yep. The bastard retired without even a single word on this project. Screw him.

Resign, retire. It's all the same to me. As far as I'm concerned, this guy left his post without completing what he began.

Cannot stop casinos because there is a law allowing it. It would be best if Noynoy Administration to sell the existing casinos to private sector. That way, Government is NOT into gaming like casinos. Government can have revenue sharing from proceeds once it is operated by private sector.

^^ how can he finish it when P-noy will just remove him eventually, inunahan lang niya. now the question is, what will P-noy do?

Yep. The bastard retired without even a single word on this project. Screw him.

Resign, retire. It's all the same to me. As far as I'm concerned, this guy left his post without completing what he began.

Kasi may anomalya xyang nagawa. Kung wala xyang kasalanan, kaya naman nyang depensahan ang kanyang posisyong kang PNOY. NAbulgar kasi ng Faylon program. Hehehe...

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:

i hate the pa conservative effect ng mga priests...hindi naman nakakatulong...:ohno:

Catholic pastors to Noynoy: Don't open new casinos
abs-cbnNEWS.com
Posted at 06/14/2010 3:47 PM | Updated as of 06/14/2010 7:09 PM

MANILA, Philippines - Catholic Church leaders called anew on the government to stop opening casinos, which, they said, promote corruption and poverty.

In a press release issued on Monday, the Ecclesiastical Metropolitan Province of Lingayen, Dagupan said “if it is not legally possible to close all casinos immediately, we plead with the government not to open new ones. Opening another casino will open more doors for corruption and pave the way for the impoverishment of the families of the gamblers.”

The church leaders are again up in arms amid plans of putting up casinos in Urdaneta City and San Leonardo, Nueva Ecija.

These leaders are:

Lingayen-Dagupan Archbishop Socrates B. Villegas;
Alaminos Bishop Marlo M. Peralta;
Urdaneta Bishop Jacinto A. Jose;
Lingayen-Dagupan Auxiliary Bishop Renato P. Mayugba;
San Jose de Nueva Ecija Bishop Mylo Hubert C. Vergara;
Cabanatuan Bishop Sofronio A. Bancud; and,
San Fernando, La Union Bishop Artemio L. Rillera.
With a new president leading the country, it is high time that it correct a problem that has long plagued its national pride, they said.

“The long way to the recovery of our lost national pride begins with the restoration of moral values. Gambling and upright moral values cannot flourish side by side. Gambling breeds indolence and laziness. Gambling destroys families and corrupts people…,” they said.

They said the Catholic Church is ready to help the government fight corruption and poverty.

“We have livelihood programs and micro financing projects initiated by former [President Corazon Aquino] and now flourishing in many parts of Luzon. We do not only offer protest. We offer viable practical moral alternatives,” they said.

http://www.abs-cbnnews.com/nation/06/14/10/catholic-pastors-noynoy-dont-open-new-casinos


:bash::bash::bash::bash::bash:
Damn these catholic priests. If they want to cut economic growth, go to Afghanistan Instead:bash:

^^ oo nga.. gaganda nga nga economy natin.. madadaragdagan pa ang pera ng pamahalaan.. titigilan pa??

Yep. The bastard retired without even a single word on this project. Screw him.

Resign, retire. It's all the same to me. As far as I'm concerned, this guy left his post without completing what he began.

if he's so good he should have foreseen that the area where BNP is now has height limits. puro press release lang yun, to support his candidacy, using Pagcor funds to air those CNN ads

Cannot stop casinos because there is a law allowing it. It would be best if Noynoy Administration to sell the existing casinos to private sector. That way, Government is NOT into gaming like casinos. Government can have revenue sharing from proceeds once it is operated by private sector.

GOOD IDEA:banana::cheers::cheers::cheers::banana:

Mr. Efraim Genuino will always be credited for the Bagong Nayong Pilipino E-City project which will soon generate 250,000 jobs for the Filipinos. He envisioned a city that would serve as catalyst for economic growth in the Philippines. Thank you Mr. Genuino. I just hope President-Elect Noynoy Aquino will think with his brain this time how important Mr. Genuino is to the foreign investors of their soon-to-rise Entertainment City.

Recorded and uploaded to YouTube by DCRJ (Dan C Rivera Jr) June 16, 2010 courtesy of 24 Oras
o0NYdcSBx5U

Mr. Genuino has the right vision but when it comes to execution blah. The first time I heard about the PAGCOR Tower, I knew it will not materialize (not unless they move the airports somewhere else). He should've foreseen that problem. Anyway, I hope the new chairman will continue all the good work Genuino has done.

And yes, there is no stopping the PAGCOR City not unless the new president or the investors decide otherwise.

this is sad... Efraim Genuino may have been controversial but this project is better seen done with him since after all this is his brain child. i just hope Noynoy let him continue to do his job under a watchful eye rather than appoint someone for which he might turn a blind eye... now, he has retired and you wonder whether these projects will still continue or not especially with the powerful Catholic Church starting to make their presence felt.

hope Noynoy will have his own mind but the Aquino Sisters will seem to play a major part in the direction which our country will take and mind you, its easy for these clergymen to whisper their wishes to these Sisters... i sincerely hope I am wrong.

This project is becoming trash... it will be very different from the original plans.

Efraim Genuino's name got tainted and synonymous with the Arroyo administration he suffered being labeled a 'midnight appointee' by Arroyo's foes. Too much labeling and lack of cooperation of divided politicians blamed on the stagnancy of my dear Philippines. The Bagong Nayong Pilipino E-City hangs in the air. Forever 'Sick Man of Asia' my Philippines.

Mr. Genuino has the right vision but when it comes to execution blah. The first time I heard about the PAGCOR Tower, I knew it will not materialize (not unless they move the airports somewhere else). He should've foreseen that problem. Anyway, I hope the new chairman will continue all the good work Genuino has done.

And yes, there is no stopping the PAGCOR City not unless the new president or the investors decide otherwise.

Parang may nabasa ako dati na ililipat naman talaga ang NAIA airport (parang gagawing main airport ng Pinas ang DMIA at aalisin na ang NAIA).


Tama ba?

Efraim Genuino's name got tainted and synonymous with the Arroyo administration he suffered being labeled a 'midnight appointee' by Arroyo's foes. Too much labeling and lack of cooperation of divided politicians blamed on the stagnancy of my dear Philippines. The Bagong Nayong Pilipino E-City hangs in the air. Forever 'Sick Man of Asia' my Philippines.

:( Sigh.

Kasi may anomalya xyang nagawa. Kung wala xyang kasalanan, kaya naman nyang depensahan ang kanyang posisyong kang PNOY. NAbulgar kasi ng Faylon program. Hehehe...

Reply of PAGCOR:

Dodie King, the Philippine Amusement Gaming Corp. (PAGCOR) vice president for corporate communications and also one of our Board members at the Manila Overseas Press Club, called me yesterday to explain that the resignation of Efraim Genuino as PAGCOR chairman has nothing to do with the recent allegations made in Ted Failon’s program. Dodie tells me Genuino’s departure was decided upon since it was clear that the incoming Aquino administration would like to have a free hand in selecting the next chairman, which he fully understood. Dodie however told me that Genuino would like to make sure that the next PAGCOR chief would be fully briefed on the projects of the agency, one of which is the New Na-yong Pilipino Entertainment City, Genuino’s brainchild. The outgoing PAGCOR chief has offered his services either as adviser or someone to run the entertainment and tourism complex, which is a landmark project of the gaming agency.
http://www.philstar.com/Article.aspx?articleId=584897&publicationSubCategoryId=66

Efraim Genuino's name got tainted and synonymous with the Arroyo administration he suffered being labeled a 'midnight appointee' by Arroyo's foes. Too much labeling and lack of cooperation of divided politicians blamed on the stagnancy of my dear Philippines. The Bagong Nayong Pilipino E-City hangs in the air. Forever 'Sick Man of Asia' my Philippines.

That's baseless. What I know is this project is a "go" even under P. Noy. That's from a reliable source.

Aquino administration will review all the midnight appointments of GMA. That's normal every time there is a change in administration.

^^Huwag nilang sayangin ang proyektong ito.. Sana nga tuloy tuloy na to kahit magbago man ang administrasyon..

Pano na to....d na to matutuloy pano wala si Mr Genuino. syempre ang susunod na Chairman may bagong vision na naman sila d ba kaya sayang naman tong project na to

Pano na to....d na to matutuloy pano wala si Mr Genuino. syempre ang susunod na Chairman may bagong vision na naman sila d ba kaya sayang naman tong project na to

The contracts signed are between PAGCOR (not Genuino), and the investors. So, whoever leads the agency, the contract is still effective.

That's baseless. What I know is this project is a "go" even under P. Noy. That's from a reliable source.

Aquino administration will review all the midnight appointments of GMA. That's normal every time there is a change in administration.

I agree... let's just wait and see... I don't think that Noynoy would be that stupid the halt this high profile project where investors have already lodged millions to start their business and operations here..

That's baseless. What I know is this project is a "go" even under P. Noy. That's from a reliable source.

Aquino administration will review all the midnight appointments of GMA. That's normal every time there is a change in administration.

that's a relief Ronnie. :banana::banana:

I agree... let's just wait and see... I don't think that Noynoy would be that stupid the halt this high profile project where investors have already lodged millions to start their business and operations here..

Unless... He uses his brain and not his pride... we'll see if he can resist the anti-progressive forces.. :ohno:

^^ tuloy to. kung babaliwalain ng new administration ang contracts masisira tayo sa international business community. i believe LP is pro business.

Mr. Genuino has the right vision but when it comes to execution blah. The first time I heard about the PAGCOR Tower, I knew it will not materialize (not unless they move the airports somewhere else). He should've foreseen that problem. Anyway, I hope the new chairman will continue all the good work Genuino has done.

And yes, there is no stopping the PAGCOR City not unless the new president or the investors decide otherwise.

pam-pogi points lang nya yung mga ads sa CNN, para sa kandidatura nya.

Efraim Genuino's name got tainted and synonymous with the Arroyo administration he suffered being labeled a 'midnight appointee' by Arroyo's foes. Too much labeling and lack of cooperation of divided politicians blamed on the stagnancy of my dear Philippines. The Bagong Nayong Pilipino E-City hangs in the air. Forever 'Sick Man of Asia' my Philippines.

:ohno::ohno::ohno:so sad about that...BNP is the last hope for tourist generated place if will push through..

sabi ko na don't keep your hopes up......

pero wala pa naman.. at least keep the good news coming. malay niyo mas pro-investor yung papalit sa kanya. pero let's hope for the best to keep our spirits up :)

:ohno::ohno::ohno:so sad about that...BNP is the last hope for tourist generated place if will push through..

why sad? just because of the comment by SSC member? Be positive about this project. it will push thru.

the casinos maybe, but the PAGCOR Tower? suntok sa buwan :ohno:

^^ Nakakaabala daw kasi sa airport.. unless gawin DMIA ang main airport natin..

maski hindi na yung proposed height nung pagcor tower. basta magawa yung E-City.. :) boost for tourism yung habol dun :)

^^I agree,. Hindi naman siguro yung tower ang hahabulin ng mga turista sa E-City no,

That's baseless. What I know is this project is a "go" even under P. Noy. That's from a reliable source.

Aquino administration will review all the midnight appointments of GMA. That's normal every time there is a change in administration.

exactly, this is a project of PAGCOR not Genuino.. and besides investors are keep coming and pouring, they even have target dates for completion.. so definitely it will push through, its just a matter of time.

Hi.. bago lang ako dito sa forum na to... matutuloy pa ba ang BNP kahit wala na si Chairman Efraim Genuino??

pag di tinuloy ng bagong administrasyon ang project na to issue na naman tayo sa ibang bansa.. baka matauhan na ang mga foreigner, baka di na sila mag invest dito sa atin, kasi diba mga nakahanda na yung mga investor diyan? tsaka parang nakapag bayad na sila ng tig US$100k para ma approved na yung project.. tapos na i ads na to sa cnn..

this project already has the green light.. i had dinner with an architect who works with belle resources/SM and mentioned that construction is ongoing.

Hi.. bago lang ako dito sa forum na to... matutuloy pa ba ang BNP kahit wala na si Chairman Efraim Genuino??

welcome sa SSC , lunduyan ng mga adhikain at naisin para sa bansang Pilipinas. :cheers::cheers:

thankz po.. tagal na ako nag babasa dito sa mga forum ng ssc like asian best skyline... ngayon lang ako gumawa ng account hehe.. nalulungkot ako pag may nababasa ako taga ibang bansa na nilalait bansa natin about sa economy natin kahit naman di yun ang topic sa thread.. kaya nga umaasa ako na matuloy tong project na to...

siguro kaya nag resign si Chairman Efraim Genuino, pinangunahan na niya si noynoy.. di na niya inantay na tanggalin siya

Let us set aside politics. Hope P Noy will appoint those who are really qualified to do the job. For the welfare of the whole country. Hope di nay appoint mga friends ni Kris. LOL

thankz po.. tagal na ako nag babasa dito sa mga forum ng ssc like asian best skyline... ngayon lang ako gumawa ng account hehe.. nalulungkot ako pag may nababasa ako taga ibang bansa na nilalait bansa natin about sa economy natin kahit naman di yun ang topic sa thread.. kaya nga umaasa ako na matuloy tong project na to...


ok lang yun, sa panlalait.. mas malait ang mga pinoy... hahaha... mas simple lang tayo manlait... hehe.. ang kaibahan sa atin, tayo lait lang sa ibang bansa racist na. we are blessed with genius people, i knew somehow one will emerge and do what has to be done for our nation...

ganyan talaga ang mangyayari sa BNP pag si abnoynoy ang presidente. kahit sinong pontio pilato na kaugnay sa Arroyo administration sisibakin ni abnoynoy. eh abnoy eh, abnoy din mga bumoto sa kanya.

ok lang yun, sa panlalait.. mas malait ang mga pinoy... hahaha... mas simple lang tayo manlait... hehe.. ang kaibahan sa atin, tayo lait lang sa ibang bansa racist na. we are blessed with genius people, i knew somehow one will emerge and do what has to be done for our nation...

but we should protect our country diba??:ohno:

sana ...nga wag i scrap pero mag nabasa ako na article that CBCP ask PNoy to na buwagin na ang PAGCOR

but we should protect our country diba??:ohno:

we should, pero minsan sa mga forum kasi overhyped ang pinoy, sobrang balat sibuyas, konting makinti lang ang Pinas, nagtatampo na... sa kabaligtaran, mapanglait din nman tayo... simple nga lang.

ganyan talaga ang mangyayari sa BNP pag si abnoynoy ang presidente. kahit sinong pontio pilato na kaugnay sa Arroyo administration sisibakin ni abnoynoy. eh abnoy eh, abnoy din mga bumoto sa kanya.

he should also remember that he only got 15million votes out of some 40million voters, have to work really hard to please everyone...

Any photos of the on going construction kung meron man?? I wanted to go to bnp just to check kaso bawal ata..

hindi naman pwede ipagbawal ni noynoy ito basta gusto niya.. may mga contracts na na napirmahan at malalaking pera na na-deposito. the present admin should respect those contracts.. :bash:

Guys, it was in the Star last saturday, the owner of Universal visited the Philippines to check on the updates. Efraim Genuino had a photo there with the president of that company. The caption said that piling works are expected to begin this month so this is a go!

^^^^ AMEN to that

^^ ilang beses ko na narinig yan,. pero sige, go BNP!

Aquino Told to Scrap State Gambling Firm

Source: http://www.voxbikol.com/bikolnews/4623/aquino-told-scrap-state-gambling-firm

Then we should abolish politics and the church too. Source of corruption din kaya yan...