InfoAnda - Aquino ponders 10bn dollar casino offer

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Iranian cleric: Some in unrest should be executed | 27 June 2009
Disney in talks to buy game startup Playdom: report | 24 July 2010
Probe may push Facebook to early stock offering | 7 January 2011

PM Maliki emerges as front-runner after Iraq vote | 9 March 2010

Forum Views () Forum Replies ()

Read more with google mobile : Aquino ponders 10bn dollar casino offer

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Aquino ponders 10bn dollar casino offer AFP - Monday, August 9 Send IM Story Print Aquino ponders 10bn dollar casino offer MANILA (AFP) - – Philippine President Benigno Aquino said on Monday his government would study a 10-billion-dollar offer from a local tycoon to take over the government's monopoly casino franchise with Malaysian help. Ramon Ang, vice chairman of food and beverage giant San Miguel, made the stunning offer unofficially in an interview with the mass circulation Philippine Daily Inquirer, which carried his comments on its front page. "It is a proposal, it is a very interesting proposal. But at the same time we have to study the matter first," Aquino told reporters. "(We) have to ensure that if we intend to sell something, it is at the best price we can get." Aquino, who began his six-year term as president on June 30, has said he is looking at privatising state assets to help deal with a growing budget deficit, and the Philippine Amusement and Gaming Corp. (Pagcor) could be sold off. "The sale of Pagcor fits in well with the president's agenda. Why wait for six years to have 10 billion dollars when you can have 10 billion dollars in just six months," Ang said, according to the Inquirer. "Isn't this a spectacular deal?" Ang said he intended to make a formal bid to acquire Pagcor once it was formally put on the auction block for privatisation, the Inquirer reported. He said he intended to go into partnership with Malaysian magnates Robert Kuok, Ananda Krishnan and Francis Yeoh, according to the report. "They are all my friends and they are interested in Pagcor," the Inquirer quoted him as saying. Ang emphasised that he intended to go after Pagcor independently of San Miguel, one of Southeast Asia's leading conglomerates. A spokesman for Pagcor, Jay Santiago, said privatisation would not occur anytime soon. "It is not as simple as it sounds. Eventually, there will be privatisation, but that is too far off," Santiago told AFP. "(But) we agree that 10 billion dollars is a good benchmark. If and when we do go through that process, at least we know we will not be getting anything below 10 billion dollars." Pagcor, which operates 41 casinos, reported a net income of 29.62 billion pesos (640 million dollars) in 2008. Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 23 minutes ago Skype files for IPO of up to $100 million Reuters - 24 minutes ago WTO condemns Australian ban on New Zealand apples Reuters - 28 minutes ago Russia rouble hurt by concern over drought impact Reuters - 35 minutes ago Sara Lee CEO Barnes steps down permanently Reuters - 40 minutes ago News Search Top Stories Campbell said she got diamond from Taylor: Farrow BP oil spill response costs hit $6.1 bln German trade data bodes well for European growth BP spends $6.1 bln on Gulf spill response Israel PM defends flotilla raid as 'lawful' More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Sauna contest in Finland cut short as Russian dies Massive ice island breaks off Greenland glacier Campbell said she got diamond from Taylor: Farrow Former HP boss reaches settlement with accuser BP spends $6.1 bln on Gulf spill response More Most Viewed » Argentine students crack three-decade-old murder mystery 40 US billionaires pledge half wealth to charity World's first full face transplant man appears on TV Calcium supplements linked to heart attacks: study Massive ice island breaks off Greenland glacier More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010

Other News on Monday, 9 August 2010
Iranian lawyer in stoning case flees to Norway
Afghan police probe foreign medic killings
US-TECH Summary
Chavez urges Colombian rebels to put down arms |
U.S. general eyes "first steps" toward Iraqi government
BlackBerry in bid to address Saudi security concerns
Actress, agent set to challenge Campbell diamonds testimony
New tack as fresh mine cave-in blocks Chile rescue |
Iran launches four home-made submarines
Turkish government, army agree on top posts: report |
Sanctions nothing to fear
Iranian lawyer in stoning case flees to Norway |
60 killed in Iraq ahead of Ramadan
U.S. general eyes first steps toward Iraqi government |
Afghan commission: Civilian deaths up in 2010
Aussies clinch field hockey's 11th Champions Trophy
HP says investors supportive despite CEO's ouster |
For most Cambodians, 'justice' has little meaning
US-ENTERTAINMENT Summary
Will Ferrell cop comedy collars box office crown
Spain air traffic union to decide this week on strike
Will Ferrell cop comedy collars box office crown |
Martin Scorsese brings gangland drama to HBO |
Intelligence not required for 'Bachelor Pad' |
US service member, Afghan child killed in attacks
Landslides complicate Pakistan flood relief efforts |
Moscow chokes under smog as travellers trapped
Accuser of ex-HP CEO Hurd steps forward
China rescuers comb sludge for mudslide survivors |
Former HP boss reaches settlement with accuser
Group denies Afghan Taliban claims over dead workers |
Mia Farrow to challenge Naomi Campbell's testimony
Victims of Afghan massacre gave years of service
Netanyahu testifies on Israel's flotilla raid |
Onus shifts to US Fed after jobs slump
Libya frees Israeli photographer in Gaza aid deal |
Indonesian police detain radical cleric Bashir |
Taliban execute Afghan woman in public: police |
Floods strand 300 foreigners in India's Ladakh |
Iranian lawyer in stoning case flees to Norway |
Moscow deaths doubled in heatwave: Ifax |
Russia, NORAD shadow jet in Pacific hijack drill
Global minimum and maximum temperatures
Struggling PM regains slim lead in Australia vote
China rescuers search sludge for mudslide survivors
Frenchman to be executed in China on drugs charge
S.Korea urges N.Korea to release fishing boat
Radical Indonesian cleric Bashir arrested
Accuser of ex-HP CEO Hurd steps forward |
Landslides complicate Pakistan flood relief efforts
South Korean Elvis fan follows his dream
Taiwan stocks at nearly 4-mth high on banks, Chimei
Accuser of ex-HP CEO Hurd steps forward |
11 killed, dozens missing after Indonesia boat sinks
Intelligence not required for "Bachelor Pad"
Pakistani stocks down 2.6 pct on flood worries
Nagasaki remembers A-bomb after 65 years
Seoul shares edge up 0.4 pct on shipyards, banks
Jack Black reteams with "School of Rock" director
China milk powder blamed for 'baby breasts'
Taiwan sells T$40 bln 20-yr bonds at 1.789 pct yield
Deadline extended in Affleck sex harassment case
Indonesian police detain radical cleric Bashir
"Inception," "Toy Story 3" lead foreign box office
China Everbright Bank to raise up to 3.2 bln dlrs
Art from Lehman's European branches to be auctioned
PAKISTAN
Battered Balkan men struggle to overcome social stigma
Taiwan to release Q2 GDP figures on Aug 19
Cop comedy rules at US and Canadian cinemas
Seoul shares rangebound; shipyards, banks outperform
S.Korea traders add bets on rate freeze -survey
S.Korea bond futures edge up early, foreigners buy
Deadline extended in Affleck sex harassment case |
Will Ferrell cop comedy collars box office crown |
Jack Black reteams with School of Rock director |
Intelligence not required for Bachelor Pad |
Inception, Toy Story 3 lead foreign box office |
Taliban launch attacks on U.S., Afghan military posts |
German trade data bodes well for European growth
BP oil spill response costs hit $6.1 bln
Death rate doubles in Moscow's smoke, heat |
BP spends $6.1 bln on Gulf spill response
Israel PM defends flotilla raid as 'lawful'
N.Korea fires artillery near sea border |
Somalia's al Shabaab rebels expel three aid groups |
Balkan river still bleeds the dead of wars past |
Britain's spending cuts threaten Cameron's big idea |
China "concerned" about sailors said taken by North Korea
Accuser of ex-HP CEO Hurd steps forward |
Thai court hears case against ruling Democrats
Oman says no plans to ban BlackBerry services |
Australia's ruling Labor leads ahead of election
BlackBerry in bid to address Saudi security concerns |
iPhone exec departs Apple after Antennagate |
China auto sales continue to slow in July: report
Floods cut off parts of Pakistan
North Korea agrees to more talks as tension rises
Manila says US not needed in South China Sea row
Equal powers for Malaysia's women Islamic judges
'India may let foreigners invest in share market'
Aquino ponders 10bn dollar casino offer
India car sales leap 38 percent in July
Oscar-winning actress Patricia Neal dies aged 84 |
Naomi Campbell said Taylor gave her diamond: Farrow |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01