Tag: Megaworld

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MREIT earnings climb as dividends rise on expansion

Property Context.ph Context.ph -
MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

Megaworld channels MREIT share-sale proceeds into township expansion

Property Context.ph Context.ph -
Property giant Megaworld Corp., the real estate arm of billionaire Andrew Tan, plans to reinvest more than P661 million raised from recent sales of shares in its listed real estate investment trust, MREIT Inc., into expanding key township projects, underscoring its strategy of recycling capital to fund growth.

Megaworld raises P5.6 billion for MREIT expansion push

Corporate Context.ph Context.ph -
Property giant Megaworld Corp. has raised P5.6 billion through a series of MREIT Inc. block sales between April and July, providing fresh capital to bankroll the next wave of township developments while expanding the listed real estate investment trust's portfolio.

Megaworld raises P516.5 million through MREIT block sale

Corporate Context.ph Context.ph -
Megaworld Corp. has raised about P516.49 million after selling 37.7 million shares in MREIT Inc. through a block sale, a move that provides fresh capital while maintaining the property giant's ability to recycle investments.

Megaworld lease renewals jump as office demand holds

Property Context.ph Context.ph -
Property giant Megaworld Corp. booked a surge in office lease renewals in the first half of 2026, signaling that demand for well-located, integrated workspaces remains robust even as companies continue to recalibrate their workplace strategies.
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Pepsi-Cola Philippines expands soda lineup

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Pepsi-Cola Products Philippines, Inc. (PCPPI) is growing its beverage range with the expanded Lipton Soda line—a sparkling tea that blends the well-known taste of Lipton iced tea with the light fizz of soda for a fun, refreshing experience.

PLDT Home brings fiber connectivity to Camotes Island

Communications & Technology 0
PLDT Home has expanded its fiber network to Camotes Island, delivering reliable broadband to communities across San Francisco, Poro and Tudela. Known as the “Lost Horizon of the South,” the island is a popular tourist spot famed for its beaches and natural scenery.

Foreign dent rises to $155 billion as officials reassure economic stability 

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The Philippines reported total external debt climbing to $154.93 billion as of end-June 2026, marking a notable jump from the $147.35 billion recorded just three months earlier. The increase brings the country's foreign obligations to 31.6 percent of its gross domestic product, up from 30.0 percent in the previous quarter, as borrowing outpaced overall economic growth during the period.

BSP flags MSME credit gap as loans reach P580B

Banking & Insurance 0
The Bangko Sentral ng Pilipinas is pushing to close a persistent financing gap for micro, small and medium enterprises, with bank loans to the sector reaching more than P580 billion but accounting for only about 6 percent of total business lending.

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