MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.
Megaworld Corp., the listed property development company of billionaire Andrew Tan, posted record net income of P24 billion in 2025, up 11 percent year-on-year, driven by strong residential sales, leasing growth, and expansion of its recurring income portfolio.
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, has traded launch tarpaulins for heavy equipment as it begins land development this year for the 84-hectare Ilocandia Coastown, setting the stage for utilities, roads, and the first homes in what is envisioned as the most coveted seaside address in Ilocos Norte.
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is accelerating its expansion in Palawan as it introduces a new wellness-focused residential concept within its 462-hectare ecotourism township, Paragua Coastown, in San Vicente.
Property giant Megaworld is ramping up capital spending to P65 billion this year as it accelerates the expansion of its township developments outside Metro Manila, underscoring confidence in growth across key provincial markets.
The Department of Energy (DOE) announced that fuel prices will go down again starting Tuesday, with minimum rollbacks of P3.41 per liter for gasoline, P24.94 for diesel, and P2 for kerosene.
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).