Alliance Global sets rebound bid

Andrew Tan’s diversified Alliance Global Group Inc. (AGI) bared yesterday a 5-point plan for recovery to help its various businesses to swiftly recover from the impact of the coronavirus pandemic.

With diversified interests in real estate, liquor, gaming and entertainment, hospitality, quick service restaurants, and infrastructure, AGI said its various concerns were mandated to observe sustainability and well-being; to achieve diversity in earnings; to push digitalization; to be financially flexible; and to be adaptable.

“Armed with these strategies, our group is ready to face the future with optimism and confidence, as we hurdle the current challenges and strengthen our leadership position in this new reality. Today, businesses should pave the way in co-existing with the virus in order to survive,” AGI chief executive officer Kevin Andrew Tan said.

Aligned with SDG

AGI has anchorsed its recovery plan on a sustainability and well-being strategy, in which its developments and projects will align with the United Nations Sustainable Development Goals (SDG), AGI’s press statement read.

The AGI chief noted Megaworld’s township model remains as the best example of sustainable real estate, with its well-contained residential communities, all Grade A and mostly Leadership in Energy and Environmental Design (LEED)-certified office buildings, and well-themed malls and retail developments.

The group also prioritizes the well-being of its 85,000-strong employees through the roll-out of various health and wellness programs and strengthened health insurance coverages to protect the welfare of its workforce even during a pandemic.