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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US awards $34.1M to expand Philippine ube industry

The US has awarded USD34.1 million to strengthen the Philippines’ ube industry, with more than 12,500 Filipino farmers expected to benefit over five years as international demand grows for the purple yam used in food and beverage products.

Japan financing eyed to ease Philippine energy, logistics costs

The Philippines is seeking Japanese financing and investment to reduce energy and logistics costs, with the Luzon Economic Corridor emerging as a priority under a renewed partnership between the Department of Finance (DOF) and Japan Bank for International Cooperation (JBIC).

EV brands expand Philippine lineups as oil prices rise

More than 15 automotive brands are showcasing electric vehicles (EVs) at the 14th Philippine Electric Vehicle Summit, underscoring growing competition in the local market as rising global oil prices sharpen the economic case for alternatives to imported fuel.

Eala loses in Ningbo, but wins a spot in rankings

Alex Eala may have run out of answers against fellow southpaw Diana Shnaider in Ningbo, but her China campaign still delivered a little consolation: a one-place climb in the world rankings.

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