Tag: Megaworld

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Megaworld ramps up provincial township expansion 

Corporate Context.ph Context.ph -
Property giant Megaworld is ramping up capital spending to P65 billion this year as it accelerates the expansion of its township developments outside Metro Manila, underscoring confidence in growth across key provincial markets.

Megaworld brings AI-powered homes in Philippines

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As artificial intelligence reshapes daily life, Megaworld is rolling out AI-powered homes in the Philippines, offering developments that are intuitive, responsive, and aligned with modern lifestyles.

Megaworld launches landmark Cebu convention center

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Property giant Megaworld is making its first foray into the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector with the opening of Mactan Expo, a standalone convention center within its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.

Megaworld raises stake on office future

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Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.

Megaworld raises P1.86B from stakes sale

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Megaworld Corp. cashed in on two portfolio investments, raising a combined P1.86 billion and boosting fresh capital for the listed property arm of billionaire Andrew Tan.
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Final system integration set for BPI-Robinsons Bank merger, services temporarily unavailable 6 June

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) is moving into the last phase of its merger with Robinsons Bank, with a final system update scheduled to unify operations and deliver a more streamlined banking experience for all customers.

Japan Navy ship makes goodwill visit to Davao

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The Japan Maritime Self-Defense Force vessel JS IKAZUCHI docked at the Port of Davao to reinforce longstanding friendship and growing cooperation between Japan and the Philippines. Its crew held meetings with Philippine Navy officials, including Naval Force Eastern Mindanao chief Commodore Ireneo D. Battung, to highlight joint efforts for regional stability and maritime security.

Saudi energy giant ACWA Power invests in Clark

Energy & Mining 0
Saudi Arabia-based ACWA Power has signed a lease agreement with the Bases Conversion and Development Authority (BCDA) for a 500-hectare site in New Clark City, paving the way for a utility-scale solar and battery storage project that could attract up to USD200 million in investments and supply clean power to emerging industries in Central Luzon.

Compliance with imported rice price cap hits 47% amid stricter DA checks

Agriculture 0
The Department of Agriculture (DA) has expanded market monitoring nationwide to strictly enforce the P50 per kilogram price ceiling for imported rice with 5 percent broken grains. In a statement Tuesday, the agency reported that compliance has steadily improved since the measure took effect, reaching 47.42 percent in the latest round of simultaneous inspections across Metro Manila and other regions. The increase is credited to more frequent checks and stronger presence of law enforcement in public markets.

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