Tag: Megawide

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Megawide launches P2B share buyback program

Megawide Corp. has joined the growing list of Philippine listed firms initiating share buyback programs, announcing a P2 billion plan to repurchase its common shares on the open market. 

Megawide hikes dividend policy  to 50% 

Megawide Construction Corp. announced that its board of directors has approved a revised dividend policy, increasing the percentage of net income allocated for dividends. Under...

Megawide to settle Citicore advances

Megawide Construction Corp. has signed an agreement to settle its receivables from Citicore Power Inc. (CPI) through a share transfer deal involving Citicore Renewable Energy Corporation (CREC).

Megawide lists P5.3B preferred shares on PSE

Megawide Construction Corp. has listed on the Philippine Stock Exchange its Series 6 Preferred Shares that raised P5.3 billion, an amount that is 1.7 times more than the base P3.0 billion offering, underscoring strong investor interest in the listed construction firm.

Megawide begins P1.1B Carbon Market Block-2 Project

Megawide Construction Corp. has announced the commencement of its engineering, procurement, and construction (EPC) unit's work on Block-2 of the ongoing Carbon Market redevelopment in Cebu.

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DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

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.

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