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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Philip Morris counts Philippines as key sourcing, manufacturing hub

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.

FAA grounds US flights over nationwide communications failure

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.

Philippines flirts with stagflation as growth stalls, prices surge

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

ASEAN digital push puts MSMEs at heart of regional growth

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.

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