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.
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 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 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 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.
Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.
SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country.
A coalition of business and governance organizations is pressing the government to implement sweeping procurement and infrastructure reforms, arguing that recurring corruption scandals highlight deep structural weaknesses in public accountability systems.
Security Bank has partnered with AC Health subsidiaries I.E. Medica and MedEthix to offer financing support to their nationwide dealer and distributor network via the bank’s dealer financing program. Accredited partners gain access to short-term credit lines and inventory financing, helping them manage working capital, raise purchasing power, and improve cash flow. This support is designed to strengthen the country’s healthcare supply chain by enabling better inventory management and faster response to demand.