Tag: Megaworld

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MREIT sale fuels Megaworld township expansion

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MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.

MREIT targets million-square-meter portfolio ahead of schedule  

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Megaworld-backed MREIT is accelerating its expansion plans, with the company aiming to grow its gross leasable area (GLA) portfolio to at least one million square meters by 2027 — three years ahead of its original target.

GERI banks on provincial demand surge for growth

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Global-Estate Resorts, Inc. (GERI), the tourism and leisure township arm of listed property developer Megaworld Corp., is set to turn over about P11 billion worth of residential and commercial projects this year, underscoring sustained demand for integrated estates outside Metro Manila as property growth continues shifting toward provincial hubs.

Megaworld tightens grip on Iloilo office market

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Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.

Megaworld sustains growth as townships drive stability

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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.
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MVP brings aid to Apalit

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Non-surgical procedure offers new hope for Filipinos with severe, medication-resistant heartburn 

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Millions of Filipinos suffer persistent heartburn and regurgitation that disrupts meals and sleep—problems that often continue despite daily medication, a condition called Refractory GERD.

Pepsi-Cola Philippines expands soda lineup

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Pepsi-Cola Products Philippines, Inc. (PCPPI) is growing its beverage range with the expanded Lipton Soda line—a sparkling tea that blends the well-known taste of Lipton iced tea with the light fizz of soda for a fun, refreshing experience.

PLDT Home brings fiber connectivity to Camotes Island

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PLDT Home has expanded its fiber network to Camotes Island, delivering reliable broadband to communities across San Francisco, Poro and Tudela. Known as the “Lost Horizon of the South,” the island is a popular tourist spot famed for its beaches and natural scenery.

Foreign debt rises to $155 billion as officials reassure economic stability 

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The Philippines reported total external debt climbing to $154.93 billion as of end-June 2026, marking a notable jump from the $147.35 billion recorded just three months earlier. The increase brings the country's foreign obligations to 31.6 percent of its gross domestic product, up from 30.0 percent in the previous quarter, as borrowing outpaced overall economic growth during the period.

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