Tag: Megaworld

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Megaworld transitions fully to renewable energy

Megaworld Corp., the listed property development company of tycoon Andrew Tan, has fully transitioned its company-owned properties to renewable energy, a major step towards its push for sustainability. 

Megaworld, JLL forge strategic partnership in real estate

Megaworld Corp. and global real estate services firm JLL have entered a strategic partnership aimed at elevating real estate standards in the Philippines, and help the listed property arm of billionaire Andrew Tan stay at the forefront of international real estate trends.

Megaworld allocates P30B for office expansion

Property giant Megaworld Corp. is setting the stage for significant growth in the office sector by committing P30 billion over the next five years to develop new office buildings and revitalize existing properties. 

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Japan visa fee hike unlikely to slow Filipino travel demand

The Philippine Travel Agencies Association (PTAA) expects the planned increase in Japan visa fees to have minimal impact on Filipino outbound travel, citing sustained strong demand and a preference for convenience over cost among travelers.

BSP grants banks temporary regulatory relief amid Middle East conflict volatility

The Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. 2026-027 providing temporary regulatory relief to banks and quasi-banks. This measure is designed to reduce the impact of market instability caused by the ongoing conflict in the Middle East.

Ube industry gets boost as DA-BPI distributes 60,000 planting materials

The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

Integrated rail and road train system proposed to boost PH food security and economy

Investment banker Francis Yuseco has submitted a proposal to the Public Private Partnership (PPP) Center and Asian Development Bank (ADB) to combine high-speed passenger rail (capable of 300–400 km/h) with Philtrak’s patented road train technology for cargo transport.

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