Corporate

Megaworld raises P1.17B from sale of MREIT shares

Megaworld Corp., the property development arm of billionaire Andrew Tan, said it raised P1.71 billion from the sale of 84.8 million shares of its real estate investment trust MREIT, Inc. The shares were priced at P13.82 per share.

BDO 1H profit rose despite higher costs

BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.

AC Health takes over FEU-NRMF Medical Center

Ayala Healthcare Holdings Inc. (AC Health) subsidiary Healthway Medical Network has assumed control of the FEU-NRMF Medical Center, a 300-bed university hospital located in Quezon City. T

DigiPlus maintains steady operations amid calls for online gaming ban

Despite mounting calls for stricter regulation and even a potential ban on online gaming, DigiPlus Interactive Corp. is staying the course, maintaining normal operations and reaffirming its commitment to regulatory compliance and corporate governance.

Time Ceramics plans ₱292M Batangas plant expansion

Time Ceramics Philippines Inc. is seeking regulatory approval for the planned expansion of its ceramic tile manufacturing facility in San Pascual, Batangas costing ₱292-million.

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