Wednesday, 28 November 2012

Philippine billionaire to spend big

Arno Maierbrugger
Investvine
http://investvine.com/philippine-billionaire-to-spend-big/

Andrew Tan, a Filipino billionaire who engages in real estate, liquor and fast food, plans to spend $1.5 billion to triple his Alliance Global Group Inc.’s hotel rooms and become the nation’s largest hotel owner as the country lures more tourists, according to a report by Bloomberg.

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