Tag: Megaworld

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Megaworld earning up in 2025 on township growth

Property Context.ph Context.ph -
Megaworld Corp., the listed property development company of billionaire Andrew Tan, posted record net income of P24 billion in 2025, up 11 percent year-on-year, driven by strong residential sales, leasing growth, and expansion of its recurring income portfolio. 

Megaworld breaks ground on P15B Laoag beach enclave

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, has traded launch tarpaulins for heavy equipment as it begins land development this year for the 84-hectare Ilocandia Coastown, setting the stage for utilities, roads, and the first homes in what is envisioned as the most coveted seaside address in Ilocos Norte.

Megaworld accelerates wellness-driven living in Palawan

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is accelerating its expansion in Palawan as it introduces a new wellness-focused residential concept within its 462-hectare ecotourism township, Paragua Coastown, in San Vicente.

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

Corporate Context.ph Context.ph -
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.
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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

Energy & Mining 0
OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

Energy & Mining 0
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Energy & Mining 0
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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