Tag: Megaworld

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Megaworld raises P1.17B from sale of MREIT shares

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

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

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

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 

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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P3B fuel subsidy targets farmers, fishers, truckers 

The government is rolling out P3 billion in fuel subsidies this month for about 300,000 farmers, fisherfolk and agricultural truckers as elevated oil prices and El Niño squeeze production and distribution costs.

Over a thousand volunteers join Jollibee Group coastal cleanup drive

More than 90 employees from the Jollibee Group and its brands—Jollibee, Mang Inasal, Chowking, and Greenwich—joined the global International Coastal Cleanup here on September 19, 2026, collecting over 400 kilograms of waste from shorelines.

Analysts: GCash IPO mid-price not a warning sign; valuation attractive 

Setting the initial public offering price of Mynt Inc., the operator of GCash, at P6.60 per share—near the lower end of its indicative range—does not signal trouble, according to market watchers. The figure lands close to the mid-point of the original P10-per-share indicative price band.

BCDA deepens Japan ties across Luzon economic hubs

The Bases Conversion and Development Authority (BCDA) Group has secured three agreements with Japanese companies to explore infrastructure-resilience and energy-efficiency projects at major economic hubs in Luzon, as the Philippines seeks to deepen Japanese investment beyond individual facilities.

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