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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P3B fuel subsidy targets farmers, fishers, truckers 

Agriculture 0
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Over a thousand volunteers join Jollibee Group coastal cleanup drive

Corporate Bulletins 0
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 

Corporate 0
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

Trade & Investments 0
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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