Tag: Megaworld

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Megaworld expands lead in green office developments

Megaworld Corp., the property development arm of tycoon Andrew Tan, has strengthened its position as the country’s leading developer of green office spaces after securing another sustainability certification for its growing portfolio.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

MREIT secures SEC nod for  P16.2B expansion

MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.

Megaworld sells MREIT shares, raise fresh capital

Megaworld Corp., the property development arm of billionaire Andrew Tan, raised fresh capital after selling a portion of its holdings in real estate investment trust, MREIT Inc., through a block sale that raised P945 million.

MREIT distributable income rises 18% in 2025

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.

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PH designers win big at global AYDA Awards 

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

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

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

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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