Makati Sports Club to be converted into a condo?

Is it time to say goodbye?

Makati Sports Club has become an iconic facility for adrenaline junkies and events in the fancy part of Makati that is Salcedo Village.

But its patrons may soon have to bid adieu to the place — rumor has it that the decades-old building will soon be knocked down.

Columnist Victor Agustin reports that the board of directors of Makati Sports Club has voted to demolish the facility to make way for a high-rise condominium building. After all, it’s got the space at 1.3 hectares.

Now, people are scrambling to get hold of shares, with 75 people wanting to buy while existing stockholders are holding on what could be the biggest sale of their lives.

Stay tuned!

Converge backs infrastructure sharing to lower costs

Bilyonaryo Dennis Anthony Uy’s Converge ICT Solutions Inc. is supporting a proposal that allows telcos or internet service providers to share the cost of installation of underground pipes for telecommunication cables whenever new road infrastructure is built.

Converge backs infrastructure sharing to lower costs

Bilyonaryo Dennis Anthony Uy’s Converge ICT Solutions Inc. is supporting a proposal that allows telcos or internet service providers to share the cost of installation of underground pipes for telecommunication cables whenever new road infrastructure is built.

Fraud trial opens of former Swedbank CEO

Former chief executive of Swedish bank Swedbank, Birgitte Bonnesen, went on trial in Stockholm on Tuesday to answer fraud and market manipulation charges, three years after a money laundering scandal implicating her bank erupted.