President Marcos has visited the project with PAGCOR chairman and CEO Alejandro H. Tengco.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR)<\/strong> and\u00a0Bloomberry Cultural Foundation. (BCFI) are building a speciality medical centre on 5.72 hectares donated by the Clark Development Corporation (CDC). President Ferdinand R. Marcos, Jr<\/strong> has visited the site.<\/p>\n\n\n\n PAGCOR chairman and CEO Alejandro H. Tengco and other PAGCOR officials joined President Marcos at the event, which was also attended by house speaker Martin Romualdez, special assistant to the president Antonio Lagdameo, Jr., CDC president Agnes Devanadera, department of health undersecretary Gloria Balboa and Bloomberry Resorts Corporation president and CEO Enrique Razon.<\/p>\n\n\n\n The complex, consisting of a cardiac centre, a renal centre, a cancer centre and a children’s hospital, is said to be the first regional specialised medical centre in Central Luzon. PAGCOR and its licensed casinos have pledged to procure medical equipment while BCFI is funding construction, with an initial budget of PHP500m designated for the Philippine Heart Center Annex.<\/p>\n\n\n\n Marcos said: “Let us acknowledge the part that has been played by PAGCOR and the Clark Development Corporation as they spearheaded the coordination with the BCDA, the Department of Health, the Provincial Government of Pampanga, and other partners to construct this facility.”<\/p>\n\n\n\n Tengco\u00a0has recently confirmed that PAGCOR will sell its casinos to\u00a0end its dual role<\/a>. Speaking at\u00a0the Global Gaming Expo (G2E) Asia in Macau<\/a>, he said the \u201cprivatisation of our casino operations is now at the forefront of our master plan, with Pagcor shifting its energy towards a purely regulatory role.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" President Marcos has visited the project with PAGCOR chairman and CEO Alejandro H. Tengco.<\/p>\n","protected":false},"author":176,"featured_media":29796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR and Bloomberry Cultural Foundation are jointly developing a specialized medical center in Clark, Philippines, with significant funding from BCFI and equipment procurement by PAGCOR and its licensed casinos. This initiative coincides with PAGCOR's confirmed strategic pivot to divest its casino operations and transition to a purely regulatory body, as announced by Chairman Tengco at G2E Asia.","focusai_entities":"PAGCOR, Bloomberry Cultural Foundation, Clark Development Corporation, President Ferdinand R. Marcos, Jr., Alejandro H. Tengco, Martin Romualdez, Antonio Lagdameo, Jr., Agnes Devanadera, Gloria Balboa, Enrique Razon, Bloomberry Resorts Corporation, BCDA, Department of Health, Provincial Government of Pampanga, Philippine Heart Center","focusai_location":"The Philippines, Clark, Central Luzon, Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.97), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"PAGCOR Divestment Timeline?","query":"What is the projected timeline and procedural framework for PAGCOR's divestment of its casino operations, and what are the anticipated implications for market entry and competitive dynamics?"},{"label":"Regulatory Framework Impact?","query":"How will PAGCOR's transition to a purely regulatory role redefine the B2B and B2C licensing frameworks, compliance requirements, and enforcement mechanisms within the Philippine gaming sector?"}],"footnotes":""},"categories":[23876,16333],"tags":[405],"class_list":["post-777007369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-news","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007369"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007369\/revisions"}],"predecessor-version":[{"id":777007388,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007369\/revisions\/777007388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/29796"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}