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.
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 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.
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.
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 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.
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.
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.