Working with its stakeholders, Solaire is determined to achieve a better quality of life for every Filipino through its operational efficiencies and social development programs. After supporting the country’s recovery from COVID-19, the company now commits to amplifying its positive impact in the post-pandemic economy. While aiming to create shareholder value, Solaire also creates shared value with society through tax contributions, livelihood generation, infrastructure investments, and community services.
Economic Performance
Solaire continued to implement effective financial risks and resources management while adhering to regulations to sustain its positive impact on stakeholders. In 2022, the company facilitated equitable economic value distribution in line with business objectives, organizational plans, and corporate values. Solaire registered a consolidated net revenue of ₱53.1 billion, representing a 82% increase against the previous year’s revenue of P29.2 billion. Our economic achievement supports local and national economies as we contributed ₱10.8 billion to the government in the form of taxes. We also spent ₱509 million to support the development of various communities in the country. Our business activities have also provided gainful employment, boosted the growth of local businesses, and helped the country’s tourism regain its foothold after prolonged pandemic closures. |
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Community Relations We at Solaire believe that our relationships with communities are critical to a sustainable future. As such, the growth and success of our business must have a positive impact on society. As one of the premiere destinations in Entertainment City, we remain committed to positively influencing and cultivating good relations with the local communities we impact. From carrying out community development efforts to extending support to developmental institutions, Solaire endeavors to make a long-term positive impact on society through various strategic CSR initiatives. |
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Bloomberry Cultural Foundation, Inc. (BCFI) Bloomberry manages strategic social development interventions through BCFI, adhering to PAGCOR’s charter to allocate 2% of BRHI’s GGR from non-junket tables into strategic developmental and national socio-civic programs approved by PAGCOR. In addition, our projects are part of various government programs in health, environment, educational and cultural heritage. BCFI’s projects promote the restoration of cultural heritage, preserve and enhance Philippine art and culture, strengthen community development and livelihood,and foster the advancement of education. These programs include livelihood projects in urban and rural communities, the establishment and maintenance of museums, support for local artists and artisans, scholarships, and educator training. |
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Solaire Cares Solaire Cares is an avenue for team members to volunteer and come together to share their knowledge, experience, and time to participate in outreach programs initiated by team members or BCFI’s programs in strategic areas. With teamwork as a core value at Bloomberry, the volunteers form a united front to support the group’s corporate social responsibility programs. Through this program, team members keep the spirit of volunteerism alive at Solaire. Together, we help rebuild communities, contribute to the environment, assist in youth value formation, inspire life and hope for the elderly, and support developmental institutions that work for the welfare of local communities. |
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OFW Hospital > The country’s first hospital exclusively for overseas Filipino workers and their dependents is now in operation. Located in |
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COVID-19 Vaccination and Testing > Continuing our support for |
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< Family Care Centers for Aeta Community One of the groups supported by BCFI is the Aeta community in Pampanga. To help enhance the overall well-being of Aeta families in the Sacobia mountains, BCFI constructed five units of 500 sqm Family Care Centers in Aeta villages surrounding the Clark Freeport Area. The Family Care Center is a one-stop center that provides Aeta families access to social services, such as daycare education, health services, livelihood seminars, and capacity- building programs for community leaders. The Family Care Center is also a venue where Aeta families receive support in maintaining their cultural heritage. |
< Typhoon Odette Relief Operations Solaire continued to support the recovery of communities affected by Typhoon Odette, which struck the country in 2021. Through BCFI, Solaire organized the Typhoon Odette Relief Efforts in six typhoon- affected areas of Visayas and Mindanao. BCFI partnered with International Container Terminal Services, Inc. (ICTSI) and ICTSI Foundation for staffing support in preparing 30,000 relief packs. The foundation also coordinated with local shipping lines and barge owners to avail of free freight service that delivered the relief goods to the affected communities. |
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