Philippines | Good overview article of Tourism City
Wednesday, June 25th, 2008Worth reading from my other website.
Worth reading from my other website.
SM Investments Corp., the listed holding firm of the family of retail tycoon Henry Sy, may likely team up with leisure property developer and gaming firm Belle Corp. to build a casino-hotel within the 40-hectare reclaimed land along Manila Bay, sources said.
SMIC is one of the four entities whose project proposal for the Manila Bay Tourism City was recently approved by the Philippine Amusement and Gaming Corp. (Pagcor). Sources said SMIC would build the hotel within the reclaimed prime land while Belle would put up the casino facilities. (more…)
The Philippine Amusement and Gaming Corp. (Pagcor) has resurrected a plan hatched in the 1990s to put up a Las Vegas-style casino and tourism complex by Manila Bay.
When it was originally unveiled last year as the $20-billion “Pagcor Entertainment City,” it was met by considerable opposition from various values-driven organizations. The Catholic Church was a perennial critic.
For the ground-breaking rites Thursday, Pagcor invited three retired Catholic bishops and the founder of an “interfaith” group to grace the occasion.
Bishop Emeritus of Calbayog Maximiano Cruz led the prayer, assisted by former Malolos Bishop Cirilo Almario and former Imus Bishop Manuel Sobreviñas. (more…)