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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Vingroup eyes Batangas for $500M EV plant, export hub

Mobility 0
Vietnamese conglomerate Vingroup is considering Batangas for its planned USD500-million electric vehicle (EV) manufacturing complex, with the facility expected to serve export markets as well as domestic demand, according to a source familiar with the investment discussions.

SM Hotels expands Halloween offerings across 9 properties

Travel & Tourism 0
SM Hotels and Conventions Corp. (SMHCC) is rolling out Halloween-themed dining and entertainment activities across nine hotel properties nationwide from Oct. 24 to 31, seeking to draw families and leisure guests beyond the traditional market for overnight stays.

DTI secures price freeze on 204 basic goods until yearend

Economy 0
The Department of Trade and Industry (DTI) has secured commitments from manufacturers to keep prices of 204 basic necessities and prime commodities unchanged through Dec. 31, 2026, as elevated fuel costs continue to threaten household budgets.

US awards $34.1M to expand Philippine ube industry

Agriculture 0
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.

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