Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.
Megawide Construction Corp. has begun construction on two socialized housing projects under the expanded Pambansang Pabahay para sa Pilipino (4PH) Program, marking a faster pace of private sector participation in the flagship housing initiative of Ferdinand R. Marcos Jr.
Megawide Construction Corp. is doubling down on industrialized housing, announcing plans to expand its precast facility to deliver on a 100,000-unit commitment under the government’s Expanded 4PH program.
Megawide Construction Corp. said it issued P1.1 billion worth of peso-denominated fixed-rate corporate notes on Friday, January 23, tapping the domestic debt market to refinance obligations and support general corporate needs.
The Baguio City government has sealed a 40-year lease with Megawide Construction Corporation for the P1.186-billion Baguio City Integrated Terminal (BCIT), marking the mountain resort city’s first venture under the public-private partnership framework and a milestone for local infrastructure delivery.
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.