Megaworld-led share swap deal targets income growth
Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap.
VOYA expands Philippine footprint, creates 600 jobs
VOYA Philippines Support Services Corp., the local unit of US-headquartered financial services firm Voya Financial, is expanding its footprint in the country’s IT-BPM sector following the formal signing of its Registration Agreement (RA) with the Philippine Economic Zone Authority (PEZA) on May 21.
MCWD, MWPV-Cebu expand water access to households in Compostela, Cebu
The Metropolitan Cebu Water District (MCWD), together with partner Manila Water Philippine Ventures (MWPV) – Cebu, has extended water services to residents of Barangay Canamucan, Compostela, bringing clean, safe supply to around 2,000 households.
Flagship rail projects create over 30,000 jobs, set to ease Metro travel
The Department of Transportation (DOTr) on Friday said the two major mass transit projects—the North-South Commuter Railway (NSCR) and Metro Manila Subway Project (MMSP)—have together provided more than 30,000 jobs for Filipinos so far. These projects form part of the Marcos administration’s “Build Better More” program, which aims to create quality work with competitive pay and benefits to address unemployment and underemployment.
Nuvali makes history with first BERDE CBD
Ayala Land’s Nuvali Estate has become the first commercial business district in the Philippines to secure a BERDE 5-Star Certification under BERDE Districts Version 1.0.0, after its Lakeside and East Bloc districts were recognized by the Philippine Green Building Council (PHILGBC).
