MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.
MREIT, Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval to raise its authorized capital stock (ACS) to P8 billion from P5 billion, clearing a major hurdle as it gears up for its next round of property infusions.
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, reported a 14 percent increase in net income to nearly P18 billion for the first nine months, driven...
MREIT Inc., the real estate investment trust of billionaire Andrew Tan, has filed an application with the Securities and Exchange Commission to raise its...
Megawide Construction Corp. has secured two new multi-billion-peso contracts from property giant Megaworld Corp. to build residential towers in two of its township developments in Metro Manila, cementing their long-standing partnership.
A coalition of business and governance organizations is pressing the government to implement sweeping procurement and infrastructure reforms, arguing that recurring corruption scandals highlight deep structural weaknesses in public accountability systems.
Security Bank has partnered with AC Health subsidiaries I.E. Medica and MedEthix to offer financing support to their nationwide dealer and distributor network via the bank’s dealer financing program. Accredited partners gain access to short-term credit lines and inventory financing, helping them manage working capital, raise purchasing power, and improve cash flow. This support is designed to strengthen the country’s healthcare supply chain by enabling better inventory management and faster response to demand.
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.
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.