Tag: Megaworld

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Megaworld sustains growth as townships drive stability

Property Context.ph Context.ph -
Property giant Megaworld Corporation posted a 6 percent rise in net income in the first quarter of 2026, reaching P6.2 billion from P5.8 billion a year earlier, supported by steady gains across its leasing, hotel, and residential businesses.

Megaworld raises P1.27B via MREIT shares sale

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, has raised about P1.27 billion from a block sale of shares in MREIT Inc., as it continues to recycle capital and fund ongoing developments.

Megaworld builds beach hub in Ilocos Norte

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is expanding its footprint in northern Luzon with plans for a flagship beach club inside its 84-hectare, P15-billion Ilocandia Coastown, signaling a shift from simply selling seaside homes to curating an entire coastal lifestyle.

Wave 4 portfolio bolster MREIT profit momentum

Corporate Context.ph Context.ph -
MREIT Inc., the real estate investment trust arm of Megaworld Corp., posted its strongest quarterly performance to date in the first quarter, as a recently completed acquisition and improved operating efficiency combined to drive broad based growth in earnings, revenues, and margins.

Megaworld to turn over P21B properties in 2026

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, said it is set to turn over about P21 billion worth of major properties this year as it accelerates development across its township portfolio nationwide.
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PH designers win big at global AYDA Awards 

Lifestyle 0
Filipino design talent made a strong mark on the international stage after the Philippines secured two top honors at the AYDA International Awards 2025–2026, underscoring the country’s rising influence in globally competitive, socially driven design.

Japan visa fee hike unlikely to slow Filipino travel demand

Travel & Tourism 0
The Philippine Travel Agencies Association (PTAA) expects the planned increase in Japan visa fees to have minimal impact on Filipino outbound travel, citing sustained strong demand and a preference for convenience over cost among travelers.

BSP grants banks temporary regulatory relief amid Middle East conflict volatility

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. 2026-027 providing temporary regulatory relief to banks and quasi-banks. This measure is designed to reduce the impact of market instability caused by the ongoing conflict in the Middle East.

Ube industry gets boost as DA-BPI distributes 60,000 planting materials

Agriculture 0
The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

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