Tag: Megaworld

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Megaworld raises P1.17B from sale of MREIT shares

Corporate Context.ph Context.ph -
Megaworld Corp., the property development arm of billionaire Andrew Tan, said it raised P1.71 billion from the sale of 84.8 million shares of its real estate investment trust MREIT, Inc. The shares were priced at P13.82 per share.

Megaworld subsidiary launches P5B Nasugbu township

Property Context.ph Context.ph -
Global-Estate Resorts Inc., a subsidiary of property developer Megaworld Corp., said it will develop Nascala Coast, a 116-hectare integrated tourism and leisure township in Nasugbu, Batangas. 

Megaworld targets ultra-rich with Signature Collection brand

Property Context.ph Context.ph -
Megaworld Corp., the flagship property development firm of tycoon Andrew Tan, will launch the Megaworld Signature Collection this year—a curated portfolio of ultra-high-end residences...

Alliance Global boosts growth with P59B investment

Corporate Context.ph Context.ph -
Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

Megaworld updating Eastwood City for a new urban era 

Corporate Context.ph Context.ph -
Nearly three decades after launching Eastwood City—its very first township project and the country’s original information technology cyberpark—listed property developer Megaworld Corp. is bringing the 18.5-hectare development in Quezon City into a bold new chapter. 
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EV brands expand Philippine lineups as oil prices rise

Mobility 0
More than 15 automotive brands are showcasing electric vehicles (EVs) at the 14th Philippine Electric Vehicle Summit, underscoring growing competition in the local market as rising global oil prices sharpen the economic case for alternatives to imported fuel.

Eala loses in Ningbo, but wins a spot in rankings

Sports & Entertainment 0
Alex Eala may have run out of answers against fellow southpaw Diana Shnaider in Ningbo, but her China campaign still delivered a little consolation: a one-place climb in the world rankings.

Budget watchdog participation welcomed in gov’t road projects

Agriculture 0
The Department of Agriculture (DA) has formally welcomed the support of budget monitoring group People’s Budget Coalition (PBC) in overseeing the implementation of the government’s farm-to-market road (FMR) projects, citing enhanced accountability, proper use of public funds, and stronger rural development as key benefits.

Dry spell escalates agri losses to P8.57 billion 

Agriculture 0
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.

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