Wednesday, 07 January 2026, 6:21 am

    Tag: Megaworld

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    MREIT to hike capital to P8B for expansion

    MREIT Inc., the real estate investment trust of billionaire Andrew Tan, has filed an application with the Securities and Exchange Commission to raise its...

    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.

    Megaworld to reinvest MREIT proceeds in townships

    Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...

    MREIT eyes retail expansion, portfolio doubling

    MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.

    Megaworld reinvests P2.21B in MREIT projects

    Megaworld Corp., the property arm of billionaire Andrew Tan, announced it will reinvest P2.21 billion into township development projects under its real estate investment trust (REIT) vehicle, MREIT Inc. The move follows the sale of 168.6 million MREIT common shares, averaging P13.28 per share, which generated the reinvestment proceeds.

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    ACEN to supply renewable power to five Schneider Electric plants in Cavite

    ACEN Corp. retail unit ACEN RES will supply renewable electricity to five Schneider Electric manufacturing facilities located at the Cavite Economic Zone, the company said Tuesday.

    Toyota urges sustained gov’t support for CARS program 

    Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.

    Jollibee holiday cheer meets privacy red flags

    The National Privacy Commission (NPC) has asked Jollibee Foods Corporation (JFC) and messaging platform Viber to explain whether personal data were processed during the fast-food giant’s recent Christmas campaign, following complaints that branded content appeared inside users’ private chats.

    PXP Energy gets DOE clearance to continue Galoc oil field operations

    PXP Energy Corp. has secured government approval to continue operations in the Galoc oil field in Northwest Palawan after receiving the executed Petroleum Service Contract (SC) 88 from the Department of Energy (DOE).

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