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The conglomerate that a ‘sari-sari’ store built

PANGLAO ISLAND, Bohol—A group of companies that grew from a sari-sari store in Bohol’s capital Tagbilaran City has been so dominant in the commercial center business that mall magnates like the Sys, Ayalas, Gokongweis, Gotianuns or Gaisanos have not gained a foothold in the province.  Alturas Group of Companies (AGC) is the clear mall king...

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Going local and green to build 50-hectare, mixed-use ‘family dream’

PANGLAO ISLAND—Bohol’s homegrown conglomerate, the Alturas Group of Companies, began as a sari-sari store 50 years ago in the provincial capital of Tagbilaran.  Now it is expanding its beach resort here into a 50-hectare, mixed-use estate at a cost of P25 billion. The expansion is a vote of confidence in the prospects of tourism on...