Tan-led Alliance Global Group commits ₱62 billion expansion push, eyes 2035 job creation target

Diversified arms power Alliance Global Group’s growth strategy as property, gaming, hospitality, and spirits drive 2026 investment program.

Alliance Global Group Inc. is pushing deeper into expansion mode, committing up to ₱62 billion in capital spending this year while setting an ambitious long-term goal of generating 25 million direct and indirect jobs by 2035, anchored on a portfolio that spans real estate, tourism, gaming, and spirits.

The group, the holding company behind businesses in property, tourism, gaming, and spirits led by tycoon Andrew Tan, is navigating a tougher 2026 with support from a strong balance sheet and diversified operations, allowing its units to keep investing even amid inflation, higher interest rates, and uneven global demand.

CEO Kevin Tan said the structure of the business has allowed it to stay steady across cycles, with each segment supporting the other as conditions remain uneven across markets.

Megaworld Corp., the group’s property development arm, remained a core growth driver, booking over ₱6 billion in first-quarter net income, lifted by steady township demand, resilient office leasing, and sustained activity in malls and hotels supported by consumer spending and MICE events. The group also added to its long-term pipeline with its 37th township in Negros Occidental, expanding its base of recurring income.

Travellers International Hotels Group, the conglomerate’s gaming and hospitality unit, is expanding beyond gaming, strengthening its non-gaming portfolio at Newport World Resorts while advancing new projects such as Narra Palm Resort and Villas and Westside Resorts Manila, which is scheduled to open in the fourth quarter.

Emperador Inc., the group’s alcohol and spirits arm, continues to build its premiumization strategy, balancing its leading brandy business with a growing Scotch whiskey portfolio that broadens its reach across global markets and price points.

Tan said the group will continue reinforcing core businesses while scaling hospitality, tourism, spirits, and sustainability programs, supported by the ₱62 billion capital program for 2026 that funds its next phase of expansion.

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