Tag: Megaworld

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Core businesses drive Megaworld 9-month profit to  P18B

Property Context.ph Context.ph -
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 to hike capital to P8B for expansion

Corporate Context.ph Context.ph -
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 wins multi-billion-peso contracts from Megaworld

Corporate Context.ph Context.ph -
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.

Megaworld to reinvest MREIT proceeds in townships

Corporate Context.ph Context.ph -
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...

MREIT eyes retail expansion, portfolio doubling

Corporate Context.ph Context.ph -
MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.
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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.

Japan financing eyed to ease Philippine energy, logistics costs

Energy & Mining 0
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

Mobility 0
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

Sports & Entertainment 0
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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