Tag: Megawide

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Megawide, Pag-IBIG team up to deliver 7,000 homes

Megawide Construction Corp. and the Home Development Mutual Fund (Pag-IBIG) have inked a landmark partnership to fast-track the government’s expanded Pambansang Pabahay Para sa Pilipino (4PH) program.

Megawide powers forward with oversubscribed listing

Megawide Construction Corp. charged into year-end with fresh momentum as it successfully listed P3.0 billion worth of Series 7 Preferred Shares on November 19, an offer that ended 2.3 times oversubscribed.

Megawide’s PH1 9-month sales more than double

Megawide Construction Corp.’s real estate arm, PH1 World Developers Inc., achieved a remarkable P3.38 billion in sales for the first nine months of 2025—more than double the P1.59 billion recorded during the same period last year. This strong performance already represents 94 percent of full‑year 2024 sales, putting the group on track to surpass last year’s total ahead of schedule.

Megawide wins bid for Baguio transport terminal

Megawide Construction Corp. said it has received the Notice of Award designating the company as the private sector proponent for the P1.8-billion Baguio City Integrated Terminal (BCIT) Project. The notice was issued by the Office of the Mayor of Baguio City.

Megawide wins multi-billion-peso contracts from Megaworld

Megawide Construction Corp. has secured two new multi-billion-peso contracts from property giant Megaworld Corp. to build residential towers in two of its township developments in Metro Manila, cementing their long-standing partnership.

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Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

PDIC auctions prime assets via e-bidding

The Philippine Deposit Insurance Corporation (PDIC) will conduct an electronic public bidding for prime corporate and closed-bank properties on April 22–23, offering investors a diverse portfolio of real estate assets across the country through its online bidding platform.

MWSS approves Manila Water tariff adjustment

Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.

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